Lending Compliance Analyst II

ESSENTIAL DUTIES and RESPONSIBILITIES

• Complies with and stays abreast of all federal and state laws and regulations applicable to the job, including all Bank policies and procedures for consumer, mortgage, and commercial loans.
• This includes, but is not limited to, the following regulations: ECOA, FCRA/FACTA, Fair Lending, UDAAP, HMDA, Regulation O, MLA/SCRA, Flood regulations, SAFE Act, RESPA, TILA, and TRID.
• Conducts monitoring functions to ensure compliance with all applicable state and federal laws and regulations, as well as Bank policies and procedures.
• Conducts ongoing and/or ongoing reviews on various aspects of lending functions, which may include: loan files, loan systems, loan documents, lending practices, and other aspects of lending compliance.
• Reviews new and renewed consumer, mortgage, and commercial credit files to ensure compliance with ECOA and other applicable laws and regulations and Bank policies and procedures.
• Reviews credit disputes to ensure compliance with CFRA and other applicable laws and regulations and Bank policies and procedures.
• Reviews loan file compliance with flood regulations and Bank policies and procedures.
• Reviews loan files to ensure compliance with Identity Theft/Red Flags policy and procedures.
• Reviews loan files to ensure compliance with ECOA Appraisal Rule and other applicable regulations and Bank policies and procedures.
• Reviews frozen and terminated open-end loans for compliance with ECOA and other applicable regulations and Bank policies and procedures.
• Reviews and monitor new consumer loan files for compliance with SCRA, MLA, Bank policies and procedures, and loan servicing to ensure compliance with application regulations.
• Retains documentation of all reviews and monitoring efforts.
• Ensures all loans comply with HMDA regulations and Bank policies and procedures and that all loans are properly identified when HMDA reportable and that all data is captured, entered, and recorded on the Loan Application Register.
• Reviews loans secured by stock to ensure compliance with Regulation U and Bank policies and procedures.
• Tracks, reports, and resolves issues identified from compliance monitoring efforts.
• Maintains proficiency with CRA and HMDA data collection software and loan origination software and compiles and validates CRA, HMDA, and Fair Lending data as requested.
• Participates in training sessions as required.
• Assists Centers/Departments with lending compliance questions and problem solving.
• Assists with special projects and/or investigations as they arise.
• Provides, presents, and promote The Citizens Experience to all external and internal customers.

Qualifications

• Must possess good knowledge of Bank lending functions and services; related state and federal laws and regulations, and other Bank operational policies and procedures.
• Excellent organizational and time management skills with the ability to multi task.

Education And/or Experience

• Bachelor’s degree in Business, Accounting, Finance, 3 to 5 years related experience and/or training; or equivalent combination of education and experience.
• Work related experience should consist of a lending compliance and/or mortgage lending compliance background in a financial institution.