The position of the Consumer Lending Compliance Officer is responsible for completing monitoring of internal controls for consumer lending operations compliance regulations in areas such as the Equal Credit Opportunity Act, Flood Disaster Protection Act, Home Mortgage Disclosure Act, Truth in Lending Act and the Real Estate Settlement Procedures Act.
Bachelor’s degree preferably in business administration or finance from a four-year college or university; or three (3) to five (5) years’ experience in loan processing/documentation, consumer lending or commercial lending; or an equivalent combination of education and experience.
Knowledge of related state and federal banking lending compliance regulations including, but not limited to, the Equal Credit Opportunity Act, Flood Disaster Protection Act, Home Mortgage Disclosure Act, Truth in Lending Act and the Real Estate Settlement Procedures Act.
Experience in bank regulatory compliance monitoring and tracking as the second line of defense.
Knowledge of Bank lending policies and procedures, and the Bank’s products and services.
Ability to read, analyze and interpret regulations as published by Federal (FRB, OCC, FDIC, CFPB) and state banking regulatory agencies, general business periodicals, professional journals, and technical procedures.
Ability to provide concise, professional written documentation and recommendations for compliance monitoring results.
Excellent interpersonal skills to ensure staff-related issues are handled in a fair, consistent manner.
Excellent organizational skills, with the ability to complete projects in a timely manner.
Excellent analytical and problem solving skills to ensure compliance issues are resolved effectively.