Overview
The Lending Compliance Advisor assists with the operations of the Compliance Program under the supervision and direction of the Consumer Compliance Assistant Manager and is responsible for lending compliance. The Lending Compliance Advisor works with the business units to ensure the Credit Union complies with applicable laws, rules and regulations relating to consumer protection such as the Truth in Lending Act, Fair Credit Reporting Act, Real Estate Settlement Procedures Act, Secure and Fair Enforcement for Mortgage Licensing Act, and Fannie Mae and Freddie Mac guidelines., etc., The Lending Compliance Advisor is responsible for a variety of tasks to meet this objective including, but not limited to, monitoring changes in the regulatory environment, conducting risk assessments, internal and external compliance reviews, and performs research as requested by the Consumer Compliance Assistant Manager.
The Lending Compliance Advisor reviews consumer and commercial lending products, processes, and disclosures for regulatory compliance, conducts compliance testing and monitoring specific to lending activities, provides specialized regulatory interpretation, advisory review and training support, participates in projects for new product roll outs, and assists in drafting written reports on the Compliance Program's work for leadership. The Lending Compliance Advisor works with the Risk and Compliance Officer - Consumer Lending to provide direction regarding corrections of any violations or operational deficiencies causing a compliance concern. The Lending Compliance Advisor monitor reports on the timeliness of responses to compliance reviews and audits as well as escalating compliance issues or concerns as needed for corrective action. This position will be responsible for developing, implementing, and conducting trainings programs and sessions to educate Credit Union associates on lending compliance requirements and procedures.
SKILLS
• Advanced analytical, problem-solving and critical thinking skills
• Strong attention to detail
• Strong interpersonal, communication and collaboration skills
• Excellent working knowledge of compliance and regulations
• Solid organization, time management, and planning skills
• Knowledge on Credit Union products, services, and processes
• Knowledge on applicable laws and regulations
COMPETENCIES
• Accountability and self-management
• Communication
• Effective knowledge
• Innovation and problem-solving
• Teamwork and leadership
WORKING CONDITIONS/PHYSICAL DEMANDS
• Ability to communicate effectively in English, both orally and in writing
• Visually able to perform activities such as preparing and analyzing data and figures, viewing a computer terminal, and extensive reading
• Ability to sit for extended time periods
• Sufficient manual skill for operation of PC keyboard and other standard office equipment
• Ability to travel, including occasional overnight travel
• Ability to exert minimum amounts of force occasionally to lift, carry, push, pull or move objects
Qualifications
5-8 years of related experience
Does this position require a valid Drivers License?
No
Education Level
General and business knowledge equivalent to a bachelor's degree
Certifications
Certification in Compliance (CRCM and/or NCCO/CUCO)
Compensation Overview
We are excited to offer a competitive salary for this position. This figure serves as the entry point in our salary range, and there is potential for the actual salary to be higher based on a variety of factors, such as your experience, skills, education, and location. We believe in recognizing and rewarding talent, so our compensation packages are thoughtfully designed to reflect the unique qualifications and contributions of each candidate.
The minimum salary for this position is:
$76,000.00+/yr
Certifications
Certification in Compliance (CRCM and/or NCCO/CUCO)
