Lending Compliance Officer

Cache Valley Bank; Logan (UT); In loco; USD 90.000 - 125.000; Tempo pieno

Descrizione del lavoro

Cache Valley Bank is seeking a seasoned Lending Compliance Professional to oversee regulatory requirements across consumer and commercial lending. You will monitor laws, manage examinations, and coordinate remediation with multiple business units, while supporting fair lending practices and staff training.

The role emphasizes translating complex regulations into practical lending procedures and controls, with exposure to audits and regulatory guidance to safeguard compliance across products and

Competenze

• 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.

Mansioni

• Monitor and assess compliance with lending requirements and regulations across products and processes.
• Track new and amended lending laws and coordinate implementation with affected units.
• Develop and perform risk-based monitoring and testing of lending activities and document findings.
• Provide compliance review and guidance on loan products, disclosures, forms, fees, advertising, and underwriting practices.
• Assist in developing and maintaining lending compliance policies, procedures, checklists, and controls.
• Serve as liaison with regulators and auditors on lending compliance matters, coordinating requests and remediation.
• Maintain organized tracking of examination findings, audit findings, monitoring exceptions, regulatory changes, and deadlines.
• Support fair lending compliance and assist with reviews of underwriting, pricing, denials, and other lending activity.
• Provide training and advisory support on material regulatory developments to lending personnel.
• Prepare periodic reports for management concerning regulatory developments, monitoring results, and emerging lending risks.

Conoscenze

Regulatory compliance

Lending laws

Compliance monitoring

Audit liaison

Training & advisory

Descrizione del lavoro

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.