Keep current with lending regulatory requirements and assist with communicating the information to all departments.
Oversight of the lending regulations, as well as policies and procedures, related to the follows regulations: Regulation B, the Equal Credit Opportunity Act; Regulation C, the Home Mortgage Disclosure Act; Regulation H, Flood Insurance and Appraisals; Regulation M, Leasing Provision of the Truth-in-Lending Act; Regulation U, Buying and Carrying Margin Stocks; Regulation V, Provisions of the Fair Credit Reporting Act; Regulation X, the Real Estate Settlement Procedures Act; Regulation Z , the Truth-in-Lending Act; Regulation FF, the FACT Act and use of Medical Information; Comprehensive Environment Response, Compensation and Liability Act; Fair Credit Reporting Act/Fair and Accurate Credit Transactions Act; Fair Debt Collection Practices Act; Fair Housing Act; Flood Disaster Protection Act; Home Ownership and Equity Protection Act; Homeowners Protection Act; Housing and Economic Recovery Act; John Warner National Defense Authorization Act; Service Member’s Civil Relief Act; The SAFE Act.
Oversight and completion of annual risk assessments associated with the various lending regulations.
Act as the main contact for assisting with lending and state code questions as well as conducting research on lending compliance issues.
Organize and conduct compliance related training.
Participate in the development of new products and policy and procedures to ensure compliance with regulatory changes.
Responsible for assigned staff hiring, development, coaching, performance manage, and all other management responsibilities.
Bachelor’s degree required
A minimum of 4 - 5 years’ previous compliance/regulatory banking experience
Minimum of two (2) years prior experience of managing department staff required
CRCM Certified (Certified Regulatory Compliance Manager) highly desired or the ability to become certified required
Ability to travel up to 20%, including some overnight travel as business needs
Proficiency in Microsoft Office products is required
Ability to comprehend, interpret and communicate banking laws and regulations
Ability to communicate in an effective, concise and inclusive manner
Excellent verbal and written communication skills
Excellent organizational skills
Ability to work independently and as a team
Regulatory and Compliance focused
Strong Problem solving skills
Verbal and written comprehension
Sitting for extended periods of time.
Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse and other computer components.
Ability to converse and exchange information with all levels of staff within organization.
Ability to observe, perceive, identify, and translate data
Ability to travel via air, rail, automobile and/or bus.
United Bankshares is a bank holding company headquartered in Charleston, West Virginia with operations in West Virginia, Virginia, the District of Columbia, Maryland, Ohio, Pennsylvania, North Carolina, and South Carolina in the United States.
Based on total deposits, United Bank is the largest bank headquartered in West Virginia and the 2nd largest bank operating in West Virginia, after Truist Financial. It is the 8th largest bank operating in Virginia and the 10th largest bank operating in the District of Columbia.