Job Summary: The HMDA and CRA Specialist is primarily responsible for assisting with data validation management and quality assurance, consistent with the requirements of the Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA). Additional responsibilities include various functions in connection with reporting and filing the HMDA LAR.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Validate HMDA and CRA data completed by the business lines, correct errors, and provide feedback to reinforce Needham Bank's HMDA policies and procedures
• Use monthly loan origination reports to perform omission testing
• Stay abreast of regulatory changes and updated procedures and work flows accordingly
• Complete regulatory filings ensuring accurate reporting and facilitate annual submission to the CFPB
• Navigate the HMDA/CRA/Fair Lending systems by working with vendors to understand functionality, and maintain mapping procedures
• Compile data and assist with Fair Lending analysis and reporting
• Maintain sold loans reports and update LAR's quarterly
• Assist in the coordination and support of compliance audits and examinations.
• Log and analyze errors to identify trends and provide ongoing guidance to the business lines and the Bank's Compliance Department
• Attends seminars, workshops, and specialized training as necessary to maintain and expand compliance knowledge
• Perform additional duties as requested, needed, or assigned

JOB REQUIREMENTS

• HMDA subject matter expert; knowledge of other lending regulations such as ECOA, CRA, HMDA, RESPA, TILA and FCRA a plus.Experience in writing policies and procedures
• Interpersonal Relationships - Demonstrates appropriate and professional behavior at all times
• Ability to adhere to Needham Bank's Core Values (Quick-Decision-Making, Reliability, Relationship-Based Focus and Quality Service)
• Ability to embrace and adapt to departmental and global changes
• Ability to report for work with a positive and productive attitude
• Ability to work in a fast pace environment with strong attention to detail and accuracy
• Ability and motivation to learn and develop new concepts with relation to the completion of departmental tasks
• Ability to respond to customer inquiries in a respectful, clear and thorough manner
• Ability to communicate with customers, attorneys and staff in a clear and professional manner
• Proficient in Microsoft Office
• Ability to adhere to Needham Bank's Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)

EDUCATION & EXPERIENCE

• High School Diploma and/or related process course training
• 2+ years of experience working in Loan Servicing or origination support role
• Knowledge of PC applications such as Word, Excel, and Outlook

WORKING CONDITIONS/PHYSICAL DEMANDS

• Normal business office environment

Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program. We offer a great benefit package to our eligible part-time employees as well.

At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.

Needham Bank is an Equal Opportunity/Affirmative Action Employer. Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.