Lending Compliance Officer

Cache Valley Bank; Logan (UT); On-site; USD 90,000 - 130,000; Full time

Job summary

Cache Valley Bank seeks a compliance professional to oversee regulatory requirements across consumer and commercial lending. You will monitor, interpret, and implement lending laws, coordinate with business units, and support audits and regulatory examinations to ensure strong controls.

The role emphasizes risk-based monitoring, policy development, and effective communication of regulatory changes to management. A strong foundation in banking compliance and reporting is essential.

Qualifications

• Strong knowledge of federal and state banking and lending laws and regulations.
• Experience in banking compliance, lending, loan operations, audit, risk management, or a related area.
• Strong analytical, organizational, documentation, and written communication skills.
• Ability to interpret regulatory requirements and translate them into practical lending procedures and controls.
• Ability to manage regulatory examinations, document requests, findings, and remediation across multiple business units.

Responsibilities

• Regulatory Compliance: Monitor and assess compliance with applicable lending requirements, including Regulation B/ECOA, Regulation Z/TILA, RESPA/Regulation X, HMDA/Regulation C, Flood Disaster Protection Act requirements, FCRA, SCRA, MLA, fair lending requirements, and applicable Utah lending laws, as well as regulatory requirements affecting commercial lending.
• Regulatory Change Management: Track new and amended lending laws, regulations, regulatory guidance, and examination expectations; assess their impact on Bank products, procedures, disclosures, systems, and controls; and coordinate implementation with affected business units.
• Compliance Monitoring: Develop and perform risk-based monitoring and testing of consumer and commercial lending activities, document findings, identify compliance deficiencies, and track corrective actions through resolution.
• Loan and Product Review: Provide compliance review and guidance regarding loan products, disclosures, forms, fees, advertising, underwriting practices, servicing practices, and new or modified lending products and processes.
• Policies and Procedures: Assist in developing, maintaining, and periodically reviewing lending compliance policies, procedures, checklists, and controls to reflect current regulatory requirements and Bank practices.
• Examination and Audit Support: Serve as a key liaison with federal and state regulatory examiners and internal and external auditors on lending compliance matters. Coordinate document requests, responses, supporting documentation, management responses, and remediation of findings.
• Issue Tracking: Maintain organized tracking of examination findings, audit findings, monitoring exceptions, regulatory changes, compliance commitments, responsible parties, deadlines, and evidence of completion.
• Fair Lending: Support the Bank’s fair lending compliance program, including monitoring for potential discriminatory practices and assisting with reviews of underwriting, pricing, exceptions, denials, and other lending activity.
• Training and Advisory Support: Provide practical compliance guidance and training to commercial, mortgage, and consumer lending personnel and communicate material regulatory developments to appropriate management.
• Reporting: Prepare periodic reports for management and appropriate committees concerning regulatory developments, monitoring results, outstanding compliance issues, remediation status, and emerging lending compliance risks.

Skills

Banking compliance

Regulatory interpretation

Documentation & reporting

Analytical skills

Communication

Education

Bachelor's degree in Finance/Business

Job description

Primary Responsibilities

• Regulatory Compliance: Monitor and assess compliance with applicable lending requirements, including Regulation B/ECOA, Regulation Z/TILA, RESPA/Regulation X, HMDA/Regulation C, Flood Disaster Protection Act requirements, FCRA, SCRA, MLA, fair lending requirements, and applicable Utah lending laws, as well as regulatory requirements affecting commercial lending.
• Regulatory Change Management: Track new and amended lending laws, regulations, regulatory guidance, and examination expectations; assess their impact on Bank products, procedures, disclosures, systems, and controls; and coordinate implementation with affected business units.
• Compliance Monitoring: Develop and perform risk-based monitoring and testing of consumer and commercial lending activities, document findings, identify compliance deficiencies, and track corrective actions through resolution.
• Loan and Product Review: Provide compliance review and guidance regarding loan products, disclosures, forms, fees, advertising, underwriting practices, servicing practices, and new or modified lending products and processes.
• Policies and Procedures: Assist in developing, maintaining, and periodically reviewing lending compliance policies, procedures, checklists, and controls to reflect current regulatory requirements and Bank practices.
• Examination and Audit Support: Serve as a key liaison with federal and state regulatory examiners and internal and external auditors on lending compliance matters. Coordinate document requests, responses, supporting documentation, management responses, and remediation of findings.
• Issue Tracking: Maintain organized tracking of examination findings, audit findings, monitoring exceptions, regulatory changes, compliance commitments, responsible parties, deadlines, and evidence of completion.
• Fair Lending: Support the Bank’s fair lending compliance program, including monitoring for potential discriminatory practices and assisting with reviews of underwriting, pricing, exceptions, denials, and other lending activity.
• Training and Advisory Support: Provide practical compliance guidance and training to commercial, mortgage, and consumer lending personnel and communicate material regulatory developments to appropriate management.
• Reporting: Prepare periodic reports for management and appropriate committees concerning regulatory developments, monitoring results, outstanding compliance issues, remediation status, and emerging lending compliance risks.

Qualifications

• Working knowledge of federal and state banking and lending laws and regulations.
• Experience in banking compliance, lending, loan operations, audit, risk management, or a related area.
• Strong analytical, organizational, documentation, and written communication skills.
• Ability to interpret regulatory requirements and translate them into practical lending procedures and controls.
• Ability to manage regulatory examinations, document requests, findings, and remediation across multiple business units.