Hybrid Consumer Compliance Analyst — Banking & Risk

First Mutual Holding Company; Lakewood (OH); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

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Job summary

First Mutual Holding Company is seeking a Consumer Compliance Analyst to support FMHC affiliates by coordinating compliance reviews and answering questions on consumer protection laws across the bank.

The role requires staying current on regulations, guiding business units through policy updates, and assisting in annual risk assessments and audits in a hybrid Lakewood, OH setting. Hybrid work arrangement with 3 days in the Lakewood office and 2 days remote.

Qualifications

• 2 to 4 years of experience auditing financial services or banking is required.
• Strong understanding of banking laws, regulations, and guidelines is required.
• Experience in mortgage lending is preferred.
• Certified Regulatory Compliance Manager certification is preferred.
• Education: High School Diploma or equivalent is required; Bachelor's degree is preferred.
• Proficiency in MS Office [Outlook, Excel, Word] or similar software is required. Encompass, Cleartouch, Nautilus (OnBase), various government and investor software/web portals is preferred.

Responsibilities

• Assists with the development and coordination of each affiliate's efforts to comply with all applicable consumer protection laws and regulations by assisting in the completion of an annual compliance risk assessment which will be used to determine the compliance reviews and audits that will be completed during the calendar year.
• Maintains a current knowledge of all applicable consumer protection laws and regulations and stays informed of proposed regulations and changes in current regulations and their potential impact on the bank. Serves as a contact for providing guidance and responses to questions related to consumer protection laws to various areas of the bank.
• Assists the manager in communicating changes to existing consumer protection laws and regulations so that business unit managers can revise internal policies and procedures to ensure compliance with these changes; assists manager in implementing new laws and regulations by assisting business unit managers in developing internal policies and procedures to support them; provides support to various departments with compliance related questions.
• Monitors compliance with applicable consumer protection laws and regulations by conducting compliance reviews with all affiliates throughout the year and reports findings to applicable business unit managers to affect prompt corrective action.
• Provide support to other areas of compliance as needed.
• Complies with all applicable banking laws and regulations, including, but not limited to the Bank Secrecy Act, USA Patriot Act, and related anti-money laundering statutes, and federal consumer protection legislation and regulations.

Skills

Auditing

Banking laws

Mortgage lending

Education

High School Diploma or equivalent

Bachelor's degree preferred

Tools

MS Office

Encompass

Cleartouch

Nautilus (OnBase)

Job description

First Mutual Holding Company is seeking a Consumer Compliance Analyst to support FMHC affiliates by coordinating compliance reviews and answering questions on consumer protection laws across the bank.

The role requires staying current on regulations, guiding business units through policy updates, and assisting in annual risk assessments and audits in a hybrid Lakewood, OH setting. Hybrid work arrangement with 3 days in the Lakewood office and 2 days remote.