To support and maintain an effective Fair and Responsible Banking compliance program at the company, ensuring regulatory compliance with applicable fair banking laws
Requirements
CRCM Certification preferred
Ability to write reports and business correspondence
Ability to effectively present information and respond to questions from groups of managers, clients, and/or regulators
Ability to analyze loan data and other relevant information to identify potential fair lending issues and trends
Ability to review and update compliance policies, procedures, manuals, training materials and consumer disclosures related to fair banking
Ability to research and respond to fair banking compliance related inquiries or issues
Ability to inputs compliance-related data into internal systems and runs reports to support monitoring, analysis, and regulatory reporting
Responsibilities
Provides first-line guidance and oversight to lines of business, relative to compliance with applicable CRA and fair lending laws, rules, and regulations
Performs monitoring reviews across relevant areas of the Bank for fair banking procedures relative to the respective regulations by analyzing loan data and other relevant information to identify potential fair lending issues and trends related to discrimination or control deficiencies
Maintains records of all monitoring activities related to state and federal fair banking regulations
Prepares compliance memos to inform the appropriate managers of exceptions, violations, or deficiencies
Follows-up on a timely basis with appropriate managers for outstanding findings, comments, etc
Reviews HMDA and loan data to identify potential disparities
Conduct fair lending risk assessments, gap analyses, evaluations of models that impact customers to identify and address control gaps
Other
Bachelor's degree preferably in Finance, Business or related field
Two years of related experience and/or training required
Ability to travel if required to perform the essential job functions
Ability to work under stress and meet deadlines
Ability to operate related equipment to perform the essential job functions
