The Regulatory Reporting Group is primarily responsible for timely submission of the Loan Application Registers (LARs) and subsequent analyses following the annual filing. The Regulatory Reporting Group is also responsible for the data integrity used for Fair Lending analysis.

Under the direction of the Sr. Regulatory Reporting Compliance Manager, this role is responsible for scheduling, supervising, and analyzing data validity and accuracy for timely LAR(s) submission by serving in a leadership role to a team of Regulatory Reporting Analysts and interacting with the first line through a periodic monitoring process. The Sr. Regulatory Reporting Compliance Manager will be responsible for actual submission of the LAR(s).

The Sr. Regulatory Reporting Analyst will report to the Sr. Regulatory Reporting Compliance Manager and will work closely with the Lines of Business, IT, Compliance, Legal, and other risk partners in the development and execution of the Fair and Responsible Banking program. This role requires knowledge of Regulation C and Regulation BB, specialized software applications, data management, submission requirements, quantitative and qualitative analysis, and fair lending principles.

Train, lead and develop team of associates to promote maximum productivity, engagement, succession planning and overall contribution to the strategic organizational goals.
• Reporting, Analysis, and Monitoring:
  • Under the direction of the Sr. Regulatory Reporting Compliance Manager, execute analysis and monitoring procedures designed to detect reporting data inaccuracies.
  • Perform quantitative and qualitative data analysis following submission.
  • Coordinate periodic data integrity reviews of the LAR(s) and recommend to management any corrective actions needed to maintain the LAR(s) accuracy.
  • Evaluate any deficiencies found to determine the root cause(s) with applicable management and assist with any necessary corrective actions.
• Training:
  • Assist the Sr. Regulatory Reporting Compliance Manager in determining the bank's training needs in relation to regulatory reporting.
  • Assist with training delivery as needed.
• Regulatory Changes:
  • Work in conjunction with the Sr. Regulatory Reporting Compliance Manager, business line management, and IT with incorporating any regulatory change(s) impacting regulatory reporting.
• Consulting:
  • Provide guidance, as needed, to Regulatory Reporting Analysts, associates, line of business and departmental management regarding accurate regulatory reporting, best practices and other issues that may arise.
  • Coordinate research, responses and documentation regarding LAR issues arising from regulatory agencies.
• Provide back-up for other Regulatory Reporting Analyst(s) as needed.
• Handle special projects assigned by the Sr. Regulatory Reporting Compliance Manager.
• Perform additional duties as assigned.
  

• 4-year college degree with 3+ years related work experience, preferably in regulatory reporting (HMDA/CRA LAR) in a midsize or large bank environment
  -OR-
  2-year college degree with 4+ years related work experience, preferably in regulatory reporting (HMDA/CRA LAR) in a midsize or large bank environment
• Strong knowledge of fair lending laws and regulations, as well as bank policies, practices, and operations
• Good verbal and written communication skills with the ability to communicate effectively with all levels of management and demonstrated ability to provide written reports that accurately and clearly summarize issues and present solutions in an understandable and logical manner
• Demonstrated ability to develop project plans and independently coordinate and complete projects
• Ability to validate and interpret data
• Excellent interpersonal skills
• Advanced Computer skills (Excel, Microsoft Office products, Database management)
• Attention to detail and quality, desire for accuracy, well-organized and dependable
• Ability to make decisions independently
• Ability to work independently and as a team for collaboration when needed
• Ability to train others
• Preferred in-depth knowledge of HMDA data collection, integrity, and submission
• Preferred in-depth knowledge of CRA SBSF data collection, integrity, and submission
• Preferred knowledge of bank-specific policies, practices, and operations
• Preferred knowledge of the operation of loan underwriting and servicing systems or specialized regulatory reporting applications such as CRA Wiz, Lending Patterns, Risk Exec., etc.
• Certified Regulatory Compliance Manager (CRCM)