Loan Compliance Data Specialist

Research shows that individuals from historically underrepresented groups may hesitate to apply for roles unless they meet every listed requirement. If you believe your skills, knowledge, and experience align with the role, even if they don’t exactly match the listed qualifications, we encourage you to apply. Your unique talents may be exactly what we’re looking for.


The Loan Compliance Data Specialist is responsible for documentation support for compliance with Community Reinvestment Act (CRA) and/or Home Mortgage Disclosure Act (HMDA) and related regulations. Responsible for accurate and timely collection of the CRA and/or HMDA data to report to the Compliance Department and Fair Lending division. Additionally, ensures compliance with Bank policies and procedures, as well as applicable state and federal banking regulations.
ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Data Integrity review for HMDA and Small Business loans
2. Compile the data required for input to the HMDA and Small Business LAR.
a. Review new and renewed loans.
b. Review Denied/Withdrawn loans.
c. Assemble the data required.
d. Collect documents needed to support the data input to LAR.
3. Conduct internal quality assurance evaluations for compliance and correcting errors found during data integrity review.
4. Report Compliance issues to the Loan Operations Compliance Manager
5. Support the Compliance Department and Fair Lending Division as needed
6. Attend compliance webinars/seminars to maintain knowledge of compliance updates/changes
7. Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES
The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY
This position is not responsible for the supervision of staff.
ENVIRONMENT AND PHYSICAL ACTIVITY
The incumbent is in a non-confined office setting in which they are free to move about at will. In the course of performing the duties and responsibilities of this position spends time writing, speaking, listening, lifting (up to 25 pounds), sitting, typing on a computer keyboard, and standing, kneeling and reaching.
The incumbent for this position may operate any or all of the following: telephone, copy and fax machine, adding machine, computer and related printers.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential function of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The incumbent in this position must be able to read documents or instruments, detailed work, problem solving, customer contact, reasoning, math, verbal and written communication, analytical reasoning, multiple tasks with constant interruptions.
MINIMUM REQUIREMENTS
These specifications are guidelines based on the minimum experience required to perform the essential functions of the job. Individual abilities may result in some deviation from these guidelines:
• Bachelor’s degree or 3 years of related experience; or the equivalent combination of education and experience.
• Work-related experience must consist of Lending Compliance, Loan Operations department, or Loan documentation compliance.
• Educational experience, through formal school or financial industry related curriculum, is required to be applicable to the financial industry, preferably in loan compliance.
Pay Grade 12


Stellar Benefits:
We believe that empowering people goes far beyond the workplace. That’s why we’ve designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities
• Health Care Coverage, no waiting period
• Dental/Vision
• STD/LTD
• Annual Performance Bonus Eligible
• 401K with company match
• Paid Vacation
• Volunteer days
• Travel Stipend
• Tuition Assistance
• And More

What it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and CommunityBank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you’ll be providing outstanding banking. But you’ll be achieving something much greater. At Stellar, we empower people