Bank Lending Compliance Officer

Rosenthal Recruiting; Secaucus (NJ); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Comprehensive benefits package

Job summary

Rosenthal Recruiting seeks a Compliance Officer to ensure adherence to consumer lending obligations at an Innovative Bank in Secaucus, NJ. The role involves conducting risk assessments, ensuring compliance with relevant laws, and supporting the Chief Compliance Officer.

The ideal candidate should have a minimum of 2 years of experience in consumer lending compliance, strong problem-solving abilities, and a desire to contribute to a high-performing team. This full-time position offers a comprehensive benefits package.

Qualifications

• 2 or more years work experience in Consumer Lending compliance.
• Experience with testing transactions, disclosures, and Bank websites.
• Excellent knowledge of consumer lending products and services.

Responsibilities

• Ensure Bank compliance with laws, regulations, and subjects related to Lending operations.
• Perform and/or review Consumer Compliance Risk Assessments.
• Assist Compliance Officer with testing and monitoring of consumer compliance laws.

Skills

Risk Assessments

Consumer Compliance

Problem Solving

Collaboration

Education

BA/BS Degree

Job description

Innovative Bank financial services organization with cutting edge service, product offerings of a Technology (Tech) company.

Job Description

The role works to ensure that the Bank meets its consumer lending obligations. The role also assists in the Bank overall Compliance efforts by assisting in Customer Due Diligence and Risk Assessments. Key to success include: Professional Attitude, Proactive demeanor.

• Ensure Bank compliance with laws, regulations, and subjects related to Lending operations.
• Perform and/or review of Consumer Compliance Risk Assessments.
• Assist Compliance Officer with testing and monitoring of consumer compliance laws/regulations/subjects pertaining to ensure compliance.
• Review complaints, advertisements, websites, etc. to ensure compliance/quality control.
• Assist Compliance Officer with coordination of responses related to FDIC and NJDOB during examinations.
• Update and, when necessary, draft compliance related policies and procedures related to the Bank’s lending operations.
• Facilitate review and closeout of compliance issues via software data tracking system.
• Assist colleagues with compliance, Bank policy questions.
• Additional Compliance, Legal, Bank related projects as needed.

REPORTS to: Chief Compliance Officer and General Counsel.

Qualifications

• Experience completing and/or reviewing of Risk - Bank Self Assessments.
• Experience with testing transactions, disclosures, and Bank websites.
• 2 or more years work experience in Consumer Lending compliance.
• Extensive knowledge of the laws, regulations, and subjects applicable to consumer lending products and services: Truth in Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA), Unfair, Deceptive, Abusive, Acts, Practices (UDAAP), Servicemembers Civil Relief Act (SCRA), E-Sign, Privacy, Identity Theft, Marketing, Fair Lending, etc.
• Excellent knowledge of consumer lending products and services.
• Integrity, ability to work independently, and strong problem solving skills.
• Exceptional collaboration skills.
• Desire to work as part of a high performing, demanding team.
• BA/BS Degree.

Additional Information

This is a full-time permanent position. In addition to salary, the position will offer comprehensive benefits that are available to all Company employees.