Fair Lending Investigator

Northwest Bank•Warren, PA

3d•Onsite

About The Position

The Fair Lending Investigator is responsible to develop, manage, and conduct enterprise and business unit risk assessments with a UDAPP and minority lending focus. The Fair Lending Investigator is also responsible to consult with business units to help maintain appropriate regulatory risk assessment procedures.

Requirements

Bachelor's Degree in business management preferred or equivalent on the job training
General audit experience background
3 - 5 years associated compliance business related experience
Ability to establish effective working relationships among team members and participate in solving problems and making decisions
Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas
In-depth knowledge of consumer regulatory laws and regulations
Excellent written and oral communication skills
Strong presentation skills
Logically and operationally minded with special attention to identifying risk
Ability to work in a fast paces environment, prioritize a complex workload, adapt to interruptions, and meet deadlines
CRCM certification or professional equivalent

Nice To Haves

If an individual has 3+ years of experience within a compliance role within the Company when being placed in this position, he or she will have 3 months to acquire their CRCM certification.
New hires or individuals with less than 3 years of experience will have up to 39 months within a compliance role within the Company to acquire their CRCM certification.

Responsibilities

Analyze UDAAP compliance risks and fair lending compliance risks
Determine appropriate controls to mitigate UDAAP risks, and to mitigate fair lending risks
Develop risk assessments to meet strategic goals of Northwest and business units, and relationships with business units compliance staff
Prepare strategy with business unit to develop and maintain appropriate compliance controls
Manage business units’ risk assessments to assure appropriate compliance testing and monitoring
Maintain “culture of compliance” with business unit
Prepare reports for compliance management staff that monitor Northwest’s current level of regulatory compliance performance, and analyze monitoring reports regarding Northwest’s regulatory compliance requirements
Assist compliance management in preparing for regulatory compliance performance examinations with regulators
Identify training weaknesses in our staff’s regulatory compliance knowledge
Perform the monitoring requirements of Northwest’s annual compliance program
Oversee business unit compliance staff’s risk assessments
Consult with business unit to improve compliance management
Interpret regulatory laws to identify gaps in Northwest’s or affiliates’ compliance management processes or procedures
Manage business units’ compliance risk assessments
Ensure document and data integrity, and compliance within subsidiaries and affiliates
Prepare management reports
Develop tools and processes that enhance compliance efficiency
Identify and resolve compliance issues
Communicate regulatory risk to Chief Compliance/Fair Banking Officer, Fair and Responsible Banking Officer and Fair Lending Manager, and to business unit’s compliance staff
Maintain a high level of regulatory compliance expertise
Promptly answer questions and provide guidance to business unit
Perform monitoring reports on schedule
Identify issues that require further analysis
Present relevant findings to Chief Compliance/Fair Banking Officer, Fair and Responsible Banking Officer and Fair Lending Manager, and final report to business unit manager
Follow-up on corrective issues
Analyze business units’ risk assessments for accuracy
Appraise adequacy of corrective actions
Summarize results and findings
Prepare monitoring reports
Maintain work papers and samples
Research and improve report data
Recommend improvements to procedures
Maximize technology tools available and benefits to Northwest
Minimize departmental non-payroll costs and risk
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Complete special projects as assigned
Abide by the rules of the safety and loss prevention program
Perform work tasks in a safe manner
Report any and all injuries to supervisor
Know what to do in case of an emergency