Fair Lending Compliance Officer

Fair Lending Compliance Director

• Analytical knowledge of fair lending approaches and technical skills of statistical and data management tools
• Design, assess and/or execute statistical models to evaluate fair lending risk across various credit products (mortgage, commercial lending, small business lending, and credit cards, etc.)
• Conduct UDAAP analysis (lending and non‑lending products/services) and fair lending analysis including underwriting and pricing regression, redlining, and peer identification, data extraction (via FFIEC website or other), data mining/analyses, etc.; assessment of initial data results; selection criteria for respective matched pair sample size and files for review; and evaluation for potential unfair discrimination or other fair lending disparities/impact
• Assess potential areas of concern in redlining analysis via review of multiple sources of data and consider what may be contributing to root cause(s)
• Perform comprehensive annual and/or periodic Fair Lending risk assessments, determine respective risk rating(s) with supporting/documented rationale, direction of risk, propose corrective actions, etc.; as well as identify activity that could cause potential financial harm to customers
• Work with the Director of Community Development to monitor the Bank's CRA performance
• Coordinate, document and review CRA lending performance
• Periodic review of the Bank's assessment area to ensure reasonableness of the delineation
• Ensure compliance with the CRA data collection, reporting, and disclosure requirements
• Maintain relevant CRA reports and files, including data and documentation
• Provide CRA and fair lending training to employees and management as needed
• Analyze current demographic data, determine the appropriateness of existing products and services, and recommend changes to management where necessary
• Analyze and document components of the lending test utilizing CRA software (as well as other technical resources) to track CRA performance and present reports to management
• Make recommendations to improve the Bank's CRA position in the community
• Review new products and services to ensure they are designed to meet the needs of the community
• Review lending products to ensure they represent safe and sound credit programs, while adequately designed to meet the needs of low or moderate income individuals or neighborhoods
• Respond to internal and external audits and assist with regulatory examinations
• Handle verbal or written CRA and fair lending related complaints and assist in issuing a response to the complaint

• Knowledge of CRA and Fair Lending laws and regulations
• Strong organizational skills, with a demonstrated ability to meet deadlines while working with little or no supervision. Highly proficient in time management, planning and prioritization
• Excellent analytical skills, demonstrated skills in critical thinking, attention to detail and problem solving
• Excellent verbal and written communication skills, and ability to interface effectively with senior management
• Ability to work in a fast‑paced, changing environment
• Strong interpersonal skills in dealing with external groups and/or organizations with ability to communicate with a wide range of individuals in a diverse community
• Strong ethics and the ability to maintain a high degree of confidentiality
• Effectively influences without authority and leads change by building trust and credibility

• Management responsibilities
• The Fair and Responsible Banking Analyst

• Bachelor's degree from a 4‑year college or university required
• Minimum of 6–8 years of financial institution consumer compliance experience, including specific experience in fair lending
• Five to seven years of experience with risk management and/or Community Reinvestment Act responsibilities, preferably at a large financial institution
• Preferred experience performing fair lending risk assessments, audits/reviews, conducting statistical fair lending analysis and/or redlining analysis

• Skilled in operation of a personal computer and Microsoft Word, Excel and Power Point
• IBS
• Salesforce
• HMDA/CRA…