Lending Compliance Officer

Cache Valley Bank•Logan, UT

About The Position

The Lending Compliance Officer monitors and assesses compliance across consumer and commercial lending with applicable federal and state requirements, including Utah lending laws. The role tracks regulatory changes, evaluates their effects on Bank products, processes, disclosures, systems, and controls, and coordinates implementation with affected business units. The officer develops and performs risk-based monitoring and testing, reviews lending products and practices, maintains policies and procedures, and supports fair lending oversight. The role also coordinates regulatory examination and audit matters, tracks findings and corrective actions, provides guidance and training to lending personnel, and reports on compliance risks and remediation to management and appropriate committees.

Requirements

Working knowledge of federal and state banking and lending laws and regulations.
Experience in banking compliance, lending, loan operations, audit, risk management, or a related area.
Strong analytical, organizational, documentation, and written communication skills.
Ability to interpret regulatory requirements and translate them into practical lending procedures and controls.
Ability to manage regulatory examinations, document requests, findings, and remediation across multiple business units.

Responsibilities

Monitor and assess compliance with applicable consumer and commercial lending requirements, including federal regulations, fair lending requirements, and Utah lending laws.
Track new and amended lending laws, regulations, regulatory guidance, and examination expectations; assess their impact and coordinate implementation with affected business units.
Develop and perform risk-based monitoring and testing of consumer and commercial lending activities; document findings, identify deficiencies, and track corrective actions through resolution.
Review and provide compliance guidance on loan products, disclosures, forms, fees, advertising, underwriting, servicing, and new or modified lending products and processes.
Assist in developing, maintaining, and periodically reviewing lending compliance policies, procedures, checklists, and controls.
Liaise with federal and state regulatory examiners and internal and external auditors on lending compliance matters; coordinate requests, responses, supporting documentation, management responses, and remediation.
Track examination and audit findings, monitoring exceptions, regulatory changes, compliance commitments, responsible parties, deadlines, and completion evidence.
Support the Bank’s fair lending program, including monitoring for potential discriminatory practices and assisting with reviews of underwriting, pricing, exceptions, denials, and other lending activity.
Provide compliance guidance and training to commercial, mortgage, and consumer lending personnel and communicate material regulatory developments to management.
Prepare periodic reports for management and appropriate committees concerning regulatory developments, monitoring results, outstanding issues, remediation status, and emerging risks.