Fair Lending Compliance Lead

Gesa Credit Union•Richland, WA

17h

About The Position

Under the direction of the VP of Compliance, the Fair Lending Compliance Lead develops, administers, and monitors Gesa Credit Union’s Fair Lending Program and supports compliance oversight for residential real estate, consumer, commercial, and small-business lending. The role evaluates lending products, servicing, collections, marketing, and related business practices for compliance with applicable federal and state laws and regulations, with a primary emphasis on fair lending. As a second line of defense, the position partners with lending business units to identify regulatory risks, provide guidance, support corrective action, and promote effective compliance practices across the organization. The position maintains the Fair Lending Program and its documentation, policies, procedures, reporting, data inputs, and monitoring activities. It performs risk assessments, statistical and data analysis, regression analysis, file reviews, and comparative file reviews; administers fair lending software; and prepares reports and updates for compliance leadership and governance groups. The role serves as a lending compliance subject matter expert, reviews member-facing communications and marketing, conducts monitoring and self-assessments, supports audits and examinations, investigates complaints, tracks corrective actions, and contributes to regulatory risk assessments, vendor monitoring, projects, and training. The role requires a bachelor’s degree, or four or eight years of banking or credit union experience in fair lending or lending in lieu of a degree, as well as at least one compliance certification. Some travel may be required for Credit Union training or approved professional development. Candidates must pass a pre-employment credit/background check.

Requirements

Bachelor’s degree, or four or eight years of banking or credit union experience in fair lending or lending in lieu of a degree; the posting does not specify which of the two experience durations applies to which degree circumstance.
At least one compliance certification, such as CRCM, CRCP, CUCE, NCCO, or CUCS.
Strong knowledge of banking and credit union laws, regulations, and guidance, including ECOA/Regulation B, Fair Housing Act, Interagency Fair Lending Guidelines, HMDA/Regulation C, Regulation Z, RESPA, mortgage servicing requirements, FCRA, SAFE Act, Flood Disaster Protection Act, Fair Debt Collection Practices Act, and Homeowners Protection Act.
Strong organizational skills, including the ability to manage multiple assignments, meet deadlines, and follow through.
Ability to understand and apply regulatory reporting requirements relevant to assigned responsibilities.
Strong verbal and written communication skills, including the ability to explain complex compliance information clearly and foster understanding.
Mathematical and analytical skills to interpret data, produce accurate reports, identify trends and issues, and formulate solutions.
Sound judgment, critical thinking, and analytical skills to identify compliance issues, assess risk, interpret data, and develop practical recommendations.
Ability to develop, review, and revise policies, procedures, and process recommendations with management and business partners.
Ability to maintain confidentiality, integrity, and ethical standards when handling sensitive information.
Ability to work independently and collaborate effectively with colleagues, departments, and business partners.
Ability to pass a pre-employment credit/background check.

Responsibilities

Develop, administer, and maintain a sustainable Fair Lending Program, including documentation, policies, procedures, reporting, data inputs, and monitoring activities.
Partner with lending business units to identify and evaluate compliance risks related to products, services, underwriting, pricing, servicing, collections, marketing, systems, controls, policies, and procedures.
Design and execute fair lending risk assessments, statistical monitoring, data and regression analysis, file reviews, and comparative file reviews.
Administer fair lending software and related applications; analyze reports, maintain tracking tools, and support accurate and timely compliance reporting.
Prepare periodic reports, dashboards, and updates for the VP of Compliance, executive leadership, the Audit Committee, the Board of Directors, and other governance groups as appropriate.
Serve as a subject matter expert and compliance resource for lending-related laws and regulations.
Research, interpret, and apply lending regulations and guidance, and provide practical compliance and risk-mitigation recommendations.
Review lending-related marketing, promotional materials, media, solicitations, disclosures, and member communications for compliance before release when applicable.
Conduct internal compliance reviews, self-assessments, and second-line monitoring; communicate requirements, coordinate materials, document results, and track findings through resolution.
Coordinate or support fair lending, state, and federal audits and examinations; serve as a liaison when appropriate and monitor corrective actions through resolution.
Review and resolve fair lending and lending-related member complaints and identify trends or recurring issues.
Support the regulatory risk assessment process by identifying gaps, recommending solutions, and working with stakeholders to implement approved corrective actions.
Assist with vendor compliance monitoring, disclosure updates, quality control, and other lending and consumer regulatory compliance programs or projects.
Participate in technology implementation, process improvement, procedure update, and training development projects as a compliance resource.
Develop and deliver fair lending or lending compliance training for new and existing team members as requested.
Monitor regulatory changes, inform impacted departments, assess implementation progress, and maintain current knowledge of applicable laws and regulations.
Keep the VP of Compliance informed of key operating issues, emerging risks, program status, and matters affecting the role.
Comply with applicable laws, regulations, and Credit Union policies and procedures, and perform other job-related duties assigned by the VP of Compliance or designee.