Fair Lending Compliance Lead

GESA CREDIT UNION•Richland, WA

2d•$40 - $81

About The Position

Under the direction of the VP of Compliance, the Fair Lending Compliance Lead develops, administers, and monitors the 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 role requires maintaining strong knowledge of banking and credit union laws, regulations, and regulatory guidance; interpreting and applying requirements; conducting data analysis and monitoring; preparing reports; and communicating compliance matters to business partners and governance groups. The position also supports audits and examinations, complaint resolution, vendor compliance monitoring, projects, and lending-related training. A bachelor’s degree and four years of banking or credit union experience, or eight years of relevant experience in lieu of a degree, are required. At least one compliance certification is required. Some travel may be required for Credit Union training or approved professional development.

Requirements

Bachelor’s degree and four years of banking or credit union experience in fair lending or lending areas; eight years of relevant experience may be accepted in lieu of a degree.
One or more compliance certifications required, such as CRCM, CRCP, CUCE, NCCO, or CUCS.
Strong knowledge of banking and credit union laws, regulations, and regulatory 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 convey complex compliance information and address compliance concerns.
Mathematical and analytical skills to interpret data, perform detailed analysis, generate 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 in collaboration with management and business partners.
Ability to maintain strict confidentiality, integrity, and ethical standards when handling sensitive information.
Ability to work independently and collaborate effectively with team members, departments, and business partners.
Some travel may be required for Credit Union training or approved professional development.
Selected candidate(s) must pass a pre-employment credit/background check.

Responsibilities

Develop, administer, and maintain a sustainable Fair Lending Program, including documentation, policies, procedures, reporting, data inputs, monitoring activities, and best practices.
Partner with lending business units to identify and evaluate compliance risks associated with 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 business applications; analyze reports, maintain tracking tools, and support accurate, timely reporting.
Prepare periodic reports, dashboards, and updates for the VP of Compliance, executive leadership, Audit Committee, Board of Directors, and other governance groups.
Serve as a subject matter expert and compliance resource for lending-related laws and regulations.
Research, analyze, interpret, and apply lending regulations and regulatory guidance; provide practical recommendations to business partners and management.
Review lending-related marketing materials, promotional campaigns, media, solicitations, disclosures, and member-facing communications for compliance before release when applicable.
Conduct internal compliance reviews, self-assessments, and monitoring as part of the second line of defense; document results and track findings through resolution.
Coordinate or support fair lending, state, and federal compliance 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 potential trends or recurring issues.
Support the Credit Union’s 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 projects.
Participate in project teams as a compliance resource for technology implementations, process improvements, procedure updates, and training development related to lending.
Develop and deliver fair lending or lending compliance training for team members as requested.
Monitor regulatory changes, distribute relevant information to 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 areas of responsibility.
Comply with applicable laws, regulations, and Credit Union policies and procedures, and perform other job-related duties as assigned by the VP of Compliance or designee.

Benefits

Competitive pay
Medical, dental, vision, and life insurance
20 days per year of paid time off
10 paid holidays
401(k) match
Incentive program
Tuition assistance and student loan repayment
Commuter benefits
Paid time off to volunteer in the community
Product discounts
Engaging work environment
Rewards and recognition programs
Reasonable accommodations for individuals with disabilities during the application or interview process, for essential job functions, and to receive other employment benefits and privileges