Fair Lending Compliance Officer

Centier Bank•Merrillville, IN

About The Position

Centier Bank is seeking a highly skilled Fair Lending Compliance Officer to maintain and enhance our Fair Lending and Banking Compliance Program. This role ensures adherence to all applicable laws and regulations, conducts monitoring and analysis of lending portfolios, advises senior management on risk mitigation, and oversees compliance training and reporting.

Requirements

Strong collaboration and leadership skills for implementing compliance strategies.
Ability to manage multiple projects and deadlines independently.
Advanced analytical capabilities, including experience conducting and interpreting statistical analyses.
Skilled in delivering effective training in both formal and informal settings.
Excellent interpersonal and communication skills, with the ability to engage effectively at all organizational levels.
Strong verbal and written communication skills, including the ability to prepare and present reports to executive leadership and the Board.
Comprehensive understanding of bank branch operations and lending processes.
Experience with Fair Lending software and analytical tools with preference on Wiz SaaS required.
Bachelor’s degree or equivalent experience; advanced MS Office and database skills.
5+ years in consumer compliance within a multi-billion-dollar financial institution.
Expertise in Fair Lending laws, risk assessments, and monitoring activities.

Responsibilities

Serve as the subject matter expert on Fair Lending and Banking regulations.
Collaborate with senior management to identify and manage compliance risks.
Direct data collection and ensure accuracy for statistical analysis.
Conduct periodic reviews, including comparative file analysis, marketing, exceptions, and redlining assessments; ensure remediation and maintain documentation.
Perform annual risk assessments and prepare clear reports outlining root causes and corrective actions.
Provide quarterly updates to the Board on regarding system performance and reviews completed.
Develop and manage Fair Lending training programs, including tracking and delivering customized sessions.
Maintain policies and procedures for Fair Lending compliance.
Stay current on regulatory changes and lead implementation efforts.
Oversee HMDA compliance, data collection, and reporting.
Support risk assessment updates and manage special projects as assigned.
Promote a culture of compliance and ethical standards.
Submission of HMDA and CRA LAR.
Serve as administrator and system expert on Wiz SaaS.