Compliance Specialist II; Lending

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. Take a leap and join our team! At Gesa, we believe in the power of our people. Coming from all walks of life, our team members’ individual stories and unique experiences are our most valuable asset. But it’s how we come together, igniting our collective compassion and commitment to empowering our communities, that makes us succeed. Because we know we go further when we go together.

Compliance Specialist II (Lending) role requires knowledge of consumer regulatory compliance and is responsible for monitoring and assessing adherence to all local, state, and federal regulations. This role will build relationships and network with lending business units to ensure practices stay compliant as a second line of defense. Work with the Regulatory Compliance Manager and/or VP of Compliance to perform extensive and complex validation and targeted reviews of lending areas.

• Knowledge and expertise focusing on consumer and mortgage lending areas, specifically Regulation C (HMDA), Truth in Lending Act (Regulation Z), Real Estate Settlement Procedures Act (RESPA), Mortgage Servicing, Fair Credit Reporting Act, and Fair Lending regulations (ECOA and Fair Housing Act), SAFE Act, Flood Disaster Protection Act, Fair Debt Collection Practices Act, and Homeowners Protection Act
• Research and assist in the analysis, interpretation, and application of lending regulations and practices as they relate to the credit union
• Work with the Regulatory Compliance Manager and/or VP of Compliance to perform ongoing reviews of the credit union’s loan products and work with the appropriate departments to analyze loan data for compliance with lending regulations and internal policies and procedures
• As part of second line of defense, develop and conduct internal compliance self‑assessments and internal reviews to ensure activities are conducted in compliance with applicable laws, regulations, and rules. Communicate the review requirements to appropriate departments, assist in collecting audit material as appropriate, and track all findings and resolutions
• Work independently on the credit union’s regulatory risk assessment covering all consumer regulatory related risks, identify the gaps, and provide recommended solutions for the identified gaps. Collaborate with the departmental stakeholders to implement those solutions
• Assist with performing monitoring of vendor compliance with consumer regulations, may assist with lending and/or deposit disclosure updates and tracking, compliance monitoring, quality control, and other compliance programs and projects as assigned
• Review the implementation of new lending products/services or changes to existing lending products/services for compliance and regulatory requirements and/or for potential issues and implement appropriate compliance validation steps focusing on the lending areas
• Assist in evaluating and resolving member complaints related to regulatory compliance
• Recommend policies, procedures, and processes to help ensure activities are conducted in compliance with applicable laws, regulations, and rules
• Review marketing materials related to lending areas for compliance with applicable state and federal laws prior to their release to the membership, when applicable
• Assist with periodic reports to VP of Compliance for reporting to the Board of Directors, Supervisory Committee, and Executive Leadership with regards to compliance matters, when applicable
• Keep abreast of changes in regulations as appropriate. Distribute appropriate materials to departments, assess progress on compliance with new regulations, and serve as a subject matter expert to the credit union on compliance related issues. Maintain a continuous study of applicable State and Federal laws
• Keep supervisor informed of key operating issues affecting areas of responsibility
• Serve as a member of a project team(s) related to lending areas in the capacity of a compliance resource for the implementation of technology, processes, procedures, or the development of training materials and/or function as a compliance resource for…