Fair Lending Compliance Officer

Fair Lending Compliance Officer

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive. With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we're strong, growing and committed to supporting the communities we serve.

We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, there's no stopping you!

Essential Duties & Responsibilities:

• 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
• Conduct UDAAP analysis (lending and non-lending products/services), and fair lending analysis including underwriting and pricing regression, redlining, and peer identification, data extraction, data mining/analyses, etc.
• 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)
• Performing 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, identifying 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 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
• Responsible for handling verbal or written CRA and fair lending related complaint(s) and assisting in issuing a response to the complaint

Qualifications:

• 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 the 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 Education and/or Education Bachelor 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 (5)-Seven (7) 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.

Computer and Software Skills Skilled in operation of a personal computer and Microsoft Word, Excel and PowerPoint IBS Salesforce HMDA/CRA software Certifications, Licenses, and Registrations None

Equal Opportunity Statement:
Enterprise Bank & Trust is…