Lending Compliance Analyst

Current job opportunities are posted here as they become available.

The Lending Compliance Analyst supports the Credit Union’s Compliance Management System by performing independent, risk-based monitoring and testing; validating regulatory data; identifying and communicating compliance risks; supporting regulatory change implementation; and assisting with the development, administration, and maintenance of the Lending Compliance Program. The role performs detailed HMDA data-integrity reviews, analyzes trends and root causes, documents exceptions, tracks corrective actions, and collaborates with business units while maintaining appropriate second-line independence.

Assist Compliance leadership with the development, administration, implementation, and maintenance of the CU’s Lending Compliance Program

Perform detailed analysis of Home Mortgage Disclosure Act (HMDA) reportable originated and non-originated applications of mortgage lending, retail and commercial loans as stipulated by Regulation C

Import and export periodic data files from source systems into applicable compliance reporting software and reconcile data populations for completeness.

Validate reportable data by comparing source documentation, host and loan-origination systems, and the Loan/Application Register (LAR).

Identify and document exceptions associated with reviews, coordinate with responsible business units to resolve inconsistencies in loan data, process applicable maintenance and recommend changes as warranted that will ensure the accuracy in reporting of HMDA data

Validate reportable property addresses, census and geographic information, and clear quality and validity edits within applicable software.

Ability to meet stringent regulatory time frames established for Regulation

C.

Provide supporting documentation and compile responses for internal and external audits;
Develops procedural manuals and job aids as required.

Compile metrics for analysis of HMDA data for Regulation C and Fair Lending.

Responsible for importing review packages into imaging system for record retention.

Maintain a good working knowledge of HMDA requirements.

Maintain a high level of integrity and professionalism to handle sensitive and confidential information.

Execute risk-based compliance monitoring and testing in accordance with approved scopes, procedures, sampling methodologies, and schedules.

Assess compliance with applicable federal and state lending requirements, internal policies, procedures, controls, disclosures, and record-retention requirements.

Document the objective, scope, population, sample, procedures performed, evidence reviewed, results, conclusion, and reviewer approval for each monitoring or testing activity.

Evaluate the design and operating effectiveness of controls and distinguish isolated errors from systemic or repeat issues.

Perform root-cause analysis; assess consumer, regulatory, financial, operational, and reputational impact; and communicate findings clearly and promptly.

Track management responses, corrective-action plans, owners, target dates, and validation of remediation through closure.

Conduct compliance, product and services risk assessments and support updates based on products, services, channels, systems, regulatory changes, complaints, audit findings, and emerging risks.

Perform independent second-line oversight and aggregate reporting without assuming ownership of first-line operational controls or corrective actions.

Research and respond to lending compliance inquiries received through the Lending Compliance Helpdesk/GRC system, escalating novel, high-risk, or legally complex matters as…