Fair Banking Compliance Analyst

Southside Bank • Tyler, TX

2d • Onsite

About The Position

Assist FRBO with daily Fair Lending, Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) and Community Reinvestment Act (CRA) compliance duties and serve as back-up for other Compliance Department employees. The Fair Banking Compliance Analyst is responsible for assisting in the development, implementation, and monitoring and maintenance of the Fair Banking program.

Requirements

• High School diploma or general education degree (GED).
• Knowledge of Equal Credit Opportunity Act (ECOA), CRA, and UDAAP preferred.
• One year of experience related to Fair Banking regulations is preferred.
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
• Ability to write information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to add, subtract multiply and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions.
• Ability to deal with problems involving a few concrete variables in standardized situations.
• Intermediate personal computer skills, including electronic mail, routine database activity, word processing, spreadsheet, graphics, etc.
• Ability to handle multiple projects simultaneously.
• Manual dexterity sufficient to reach/handle items and work with fingers. Works with fingers and perceives attributes of objects and materials.
• Must be able to remain in a stationary position 90% of the time.
• The person in this position needs to occasionally move about inside the office to visit other offices, conference rooms, office machinery, etc.
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
• Constantly positions self to operate on a computer.
• The person in this position frequently communicates with other people throughout each day. Must be able to exchange accurate information when conversing.

Nice To Haves

• Knowledge of Equal Credit Opportunity Act (ECOA), CRA, and UDAAP preferred.
• One year of experience related to Fair Banking regulations is preferred.

Responsibilities

• Provides analysis for Fair Lending and CRA program by preparing and compiling reports including but not limited to: Redlining, CRA Loan Distributions, Branch and ATM Distributions, Inside/Outside Assessment Area, Peer CRA and Fair Lending Analysis.
• Reviews loan exception reports from business units and conduct Fair Lending analysis for risk.
• Assists with the development and maintenance of the Bank’s compliance programs, including programs designed to prevent and detect risk in Fair Lending and UDAAP.
• Supports the development and maintenance of policies, procedures, testing and reporting related to the Fair Banking program.
• Assists with the development of the risk-based Fair Banking program activities and completing of the annual compliance risk assessment.
• Stays abreast of changes to the Fair Lending, CRA, and UDAAP laws, rules, and regulations.
• Assists FRBO with the completion of the annual internal Fair Lending Audit.
• Upon the implementation of the 1071 data collection rules, assists with collection and reporting of data while ensuring accuracy.
• Assists with first and second level reviews of CRA data reporting requirements.
• Participates in new product development to ensure compliance with CRA and Fair Banking practices.
• Assists with the review of certain marketing materials before they are placed to ensure compliance with Fair Banking Standards.
• Ensures prompt and adequate responses to all complaints related to consumer laws and regulations. Ensures ongoing monitoring of consumer complaints received by the Bank to ensure a timely and appropriate escalation of higher risk complaints that may signal systemic or material issues. Prepares periodic analysis and reports on consumer complaints.
• Collaborates with the Compliance Department to fulfill requests for internal audits, internal projects, regulatory examinations related to CRA, Fair Lending and UDAAP.
• Maintains confidentiality of all sensitive Bank information.
• Maintains a positive and caring atmosphere for customers and employees consistent with Southside Bank’s mission, CORE Values, and Blue Book culture guide.
• Provides enthusiastic, professional, and courteous service to Southside Bank customers and employees.
• Participates in proactive team efforts to achieve departmental and company goals.
• Understands and agrees to abide by the policies and procedures established at Southside Bank.
• Responsible for complying with audit policies and procedures as they pertain to this position.
• Performs duties in compliance with applicable laws and regulations, including but not limited to the Bank Secrecy Act (BSA) and related anti-money laundering laws, and in accordance with the Bank’s Information Security Program.
• Must comply with all applicable laws and regulations.
• Performs routine duties with minimal supervision using standard practices or procedures.
• Complies with all safety policies, practices, and procedures. Report all unsafe activities to supervisor and/or Human Resources.
• Performs additional duties, as assigned or directed.

Benefits

• Medical, Prescription Drugs, Dental, and Vision Insurance
• Insurance Eligibility for Team Members and Dependents Starting on the First Day of Employment
• 401(k) with a Match
• Basic, Voluntary, and Dependent Life Insurance
• Paid Time Off
• Paid Bank Holidays
• Workplace Wellness Programs
• Employee Assistance Programs
• Tuition Reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 251-500 employees