HMDA Loan Closing Team Leader - Remote

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.

We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

SUMMARY/OBJECTIVES

To follow the policies and procedures of the Bank, exercising competency in the performance of position responsibilities while exhibiting courtesy, respect, and a professional demeanor to the Bank’s customers and all employees of the Bank.  To work for the success of the Bank by ensuring that the bank is compliant with federal laws and regulations by assisting the HMDA Loan Closing Supervisor, Director of Loan Closing, other members of the Loan Closing Department, and members of the Compliance Risk Management Department within specified duties and responsibilities. It is the responsibility of the HMDA Loan Closing Specialist Team Leader to take ownership of all tasks and challenges that they encounter in the operation of their assigned position.

ESSENTIAL FUNCTIONS

It is the responsibility of the HMDA (Home Mortgage Disclosure Act) Team Leader to take ownership of all tasks and challenges that are encountered in the operation of the assigned position and staff assigned to this position including using reliable communication skills and meeting all established deadlines.

Main duties and responsibilities include the following (but are not limited to these) and to assist the Loan Closing HMDA Supervisor:

• Oversight, coaching and training of the HMDA Team Members within Loan Closing to ensure timely and accurate production of HMDA LAR.

• Maintaining a good working knowledge of the Home Mortgage Disclosure Act to ensure the CRA LAR is accurately prepared and maintained.

• Manages a team of employees to ensure that tasks are completed according to established Service Level Agreements (SLA’s) and that error rates are managed to meet or below established standard.

• Assist Loan Closing HMDA Supervisor in preparation of performance reviews for staff members in a timely manner and to discuss any performance issues with  

• Contribute to staff meetings to communicate industry and company changes to maintain team unity and comprehension.

• Liaison between Compliance and Loan Closing for any issues related to HMDA LAR.

• Reading, analyzing, and interpreting loan applications and other loan documentation to appropriately code loans for HMDA reporting purposes.

• Reviewing loan data and credit files on a monthly basis to verify the accuracy of data reporting on the HMDA LAR.

• Coordinating with various lending departments within the bank to resolve errors or inconsistencies found within the HMDA data.

• Maintaining a good working knowledge of the Home Mortgage Disclosure Act to ensure the HMDA LAR is accurately prepared and maintained.

• Stay up to date with the bank’s current lending practices and processes in order to perform a thorough and accurate comparative analysis of HMDA data.

• Ensuring that accurate information needed for filing the LAR is provided in a timely and accurate manner as agreed to with the Enterprise Compliance team.  

• Manage the maintenance and updating of HMDA data collection and verification procedures to ensure these are in line with processes agreed to by Enterprise Compliance and the HMDA Team.

• Identifying and reporting potential concerns or non-compliance with the HMDA regulatory requirements.

• Performing other department duties as assigned to coordinate the well working of the Loan Closing Department.

The duties and responsibilities listed above may be revised at any time at the sole discretion of South State Bank without advance notice to or the consent of the employee.

OTHER DUTIES

• Accept other duties as assigned.

COMPETENCIES

• Must be able to effectively manage people; Must have a strong attention to detail and ability to meet established deadlines; Ability to coordinate multiple projects, including steady stream of new projects; Ability to interface well with all departments and with people of varying level, title and knowledge; Excellent oral and written communication skills; knowledge of Compliance rules and regulation