What are the responsibilities and job description for the CRA/HMDA Data Specialist position at Univest?
Overview
Univest is hiring a CRA/HMDA Data Specialist to join our Compliance Team in Souderton, PA. In this role, you’ll play a critical part in ensuring accurate data collection, reporting, and compliance with Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) requirements. You’ll work closely with compliance professionals to maintain data integrity, support regulatory filings, and contribute to processes that uphold Univest’s commitment to transparency and regulatory excellence.
Responsibilities
Perform independent, regular quality control testing of mortgage and small business data (including 1071-small business lending) collected by the business lines to ensure completeness and accuracy of data reported; ensure all identified errors are remediated
Analyze quality control results to identify areas for improvement in the general data gathering process; address procedural breakdowns with appropriate departments/staff
Manages the review function by working with the respective lines of business to obtain correct data, including responses obtained from operations and sales personnel regarding review findings; produce the necessary reporting to evidence the data integrity process
Serve as the primary contact for various lines of business regarding compliance reporting
Maintain the CRA and HMDA lending data and understand the overall system functionality for geocoding, edit checks and file management, including coordination of all required system updates
Timely reporting of the CRA and HMDA data to the government
Collaborate on process modifications to accommodate potential technology integrations and new data collection requirements
Collaborate with the compliance team to fulfill requests for internal audits, internal projects, regulatory change management and external regulatory exams related to regulatory data collection
Remain current with regulatory changes, supervisory guidance, and industry concerns related to fair and responsible banking
Participate in special projects and assist with internal compliance training as needed
Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct
Perform other duties as assigned
Qualifications
Bachelor’s degree in a related field; or equivalent training/experience
2 years’ experience in bank financial services, with a focus on Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) data quality control
Understanding and knowledge of bank consumer and commercial loan products; and the Fair Lending laws (Community Reinvestment Act,
Equal Credit Opportunity Act, Fair Credit Reporting Act, Fair Housing Act, and the Home Mortgage Disclosure Act)
Strong time management, organizational, analytical, and problem-solving skills; attention to detail
Strong interpersonal, verbal, and written communication skills
Ability to work independently
Proficiency with PC applications, including MS Office
Wage Range
The salary for this position ranges from $55,000 to $60,000
Benefits Overview
Univest offers a comprehensive benefits package that includes:
#Univest
#INDUF
An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.
Univest is hiring a CRA/HMDA Data Specialist to join our Compliance Team in Souderton, PA. In this role, you’ll play a critical part in ensuring accurate data collection, reporting, and compliance with Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) requirements. You’ll work closely with compliance professionals to maintain data integrity, support regulatory filings, and contribute to processes that uphold Univest’s commitment to transparency and regulatory excellence.
Responsibilities
Perform independent, regular quality control testing of mortgage and small business data (including 1071-small business lending) collected by the business lines to ensure completeness and accuracy of data reported; ensure all identified errors are remediated
Analyze quality control results to identify areas for improvement in the general data gathering process; address procedural breakdowns with appropriate departments/staff
Manages the review function by working with the respective lines of business to obtain correct data, including responses obtained from operations and sales personnel regarding review findings; produce the necessary reporting to evidence the data integrity process
Serve as the primary contact for various lines of business regarding compliance reporting
Maintain the CRA and HMDA lending data and understand the overall system functionality for geocoding, edit checks and file management, including coordination of all required system updates
Timely reporting of the CRA and HMDA data to the government
Collaborate on process modifications to accommodate potential technology integrations and new data collection requirements
Collaborate with the compliance team to fulfill requests for internal audits, internal projects, regulatory change management and external regulatory exams related to regulatory data collection
Remain current with regulatory changes, supervisory guidance, and industry concerns related to fair and responsible banking
Participate in special projects and assist with internal compliance training as needed
Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct
Perform other duties as assigned
Qualifications
Bachelor’s degree in a related field; or equivalent training/experience
2 years’ experience in bank financial services, with a focus on Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) data quality control
Understanding and knowledge of bank consumer and commercial loan products; and the Fair Lending laws (Community Reinvestment Act,
Equal Credit Opportunity Act, Fair Credit Reporting Act, Fair Housing Act, and the Home Mortgage Disclosure Act)
Strong time management, organizational, analytical, and problem-solving skills; attention to detail
Strong interpersonal, verbal, and written communication skills
Ability to work independently
Proficiency with PC applications, including MS Office
Wage Range
The salary for this position ranges from $55,000 to $60,000
Benefits Overview
Univest offers a comprehensive benefits package that includes:
- Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
- Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
- Paid Time Off (PTO): 15 days annually (prorated your first year)
- Short Term Disability: 10 days annually of sick time with a doctors note (prorated your first year)
- Holiday Time Off: 11 paid holidays
- We offer company paid life insurance: as well as other supplemental insurances
- Tuition reimbursement
- Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
- Discounts: on loan products
- Professional development trainings
#Univest
#INDUF
An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.
Salary : $55,000 - $60,000