Fair Banking Officer

American Riviera Bank; California; On-site; USD 120,000 - 180,000; Full time

Job summary

American Riviera Bank is seeking a Fair Banking Officer to oversee and administer the bank’s Fair Lending Program, ensuring compliance with federal and state regulations across mortgage, small business, auto lending, and consumer products.

The role involves developing monitoring routines, analyzing potential discrimination, training staff, and reporting program performance to executive leadership and the Board. Strong regulatory knowledge and communication are essential for success.

Qualifications

• Experience in fair lending compliance and related regulations (HMDA, Reg B, FHA, TILA/RESPA)
• Strong analytical and data interpretation abilities
• Excellent written and verbal communication and collaboration

Responsibilities

• Oversee the Fair Lending Policy and Program as the primary bank contact for fair lending matters
• Develop and implement monitoring routines and testing for exceptions across product lines
• Analyze potential discriminatory practices in lending and track trends and risks
• Investigate compliance concerns by reviewing loan files and reporting findings
• Lead fair lending risk assessments and maintain required documentation in governance systems
• Monitor credit risk, pricing, and marketing models for discriminatory patterns
• Provide guidance and training on fair lending practices to bank staff
• Prepare and present reports to Board and senior leadership on program performance and risks
• Assist Compliance Manager and CRA Officer with emerging issues and controls to mitigate risk
• Represent the bank with integrity and professionalism in all dealings

Job description

Job Description

Job Description

The Fair Banking Officer is responsible for developing, implementing, and administering all aspects of American Riviera Bank’s Fair Lending Program with primary responsibility for ensuring adherence to all fair lending and banking laws and regulations and upholding ethical practices within various product lines such as mortgage, small business, auto lending, personal loans, and retail products. Assists in the administration of the Bank’s compliance program. Responds to compliance questions from Bank staff and supports efforts to comply with laws and regulations. Maintains a thorough knowledge of federal and state regulations to assist in researching, preparing, implementing, maintaining, developing, and tracking Bank compliance for new and existing products and services. Implements and maintains monitoring disciplines, escalation, and reporting standards. The Fair Banking Officer advises Executive Management of emerging Fair Lending issues to ensure objectives are maintained.

Responsibilities and Expectations:

1. Oversees the Bank’s Fair Lending Policy and Program throughout the organization, serving as the primary point of contact for fair lending and banking matters within the Bank, interacting with Board members, senior leadership, and external auditors/regulators.
2. Develops and implements monitoring routines and procedures for the Fair Lending Program, tailored to each product and/or relevant line of business. This should include ongoing monitoring and testing of exceptions to ensure there are not trends indicating fair lending issues exist as well as identifying exceptions that are routinely granted that should be incorporated into procedures, standards, pricing, policies, etc.

1. Performs analyses to detect potential discrimination such as redlining, steering, and disparities in loan underwriting, pricing, and loss mitigation outcomes. Analyzes Fair Lending data across different product lines to identify trends, risks, and opportunities for improvement.
2. Investigate possible concerns by reviewing samples of loan files and report findings and recommendations in written reports and meetings with stakeholders.
3. Lead and complete fair lending risk assessments and applicable required documentation in the Bank’s fair lending analytics and GRC software.
4. Oversees the monitoring of credit risk, marketing, and pricing models in various lending areas to ensure they are free of discriminatory practices.
5. Responds to Fair Lending and Fair Banking compliance questions from Bank personnel.

1. Ensures organization-wide compliance with Regulation B, HMDA, the Fair Housing Act, UDAAP, state fair lending laws, and other relevant regulations, particularly as they apply to mortgage, small business, auto, personal, and retail credit lending.

1. Provide training and guidance to Bank staff on fair lending practices and policies, with specific focus on various lending products.

1. Prepare and present reports to the Board and senior leadership, highlighting program performance, risks, and achievements in different lending areas.
2. Assists the Compliance Manager and CRO/Community Reinvestment Act (CRA) Officer with emerging compliance issues and consults and guides in establishing controls to mitigate risks.

1. Represents the Bank with a high level of integrity, professionalism, and technical expertise.

1. Adheres to Equity Bank’s Core Values, policies and supports management decisions and goals in a positive, professional manner.
2. Complete file audits to assess the level of compliance with specific regulations, including but not limited to Equal Credit Opportunity Act, Truth-in-Lending Act, Real Estate Settlement Procedures Act, Fair Housing Act, Home Mortgage Disclosure Act, Flood Disaster Protection Act, Fair Lending and USA Patriot Act. The review process includes but is not limited to:
   1. Selecting a representative sample of originated and non-originated files for review.
   2. Conducting interviews with staff and management regarding standard practices and procedures.
   3. Analyze selected files to determine level of compliance with specific laws and regulations.
   4. Consolidate issues noted during review and prepare a written report of findings including a summary of overall findings, a list of detailed exceptions and recommendations for improvement.

1. Perform UDAAP marketing compliance reviews.
2. Administer procedures for addressing customer complaints including internal points of contact.

1. Complete Home Mortgage Disclosure Act (HMDA) file audits on closed and non-originated loan files to ensure compliance with Regulation C/HMDA. The review process includes but is not limited to:
   1. Perform individual fi