Fair Banking Compliance Officer

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.

SUMMARY

The Fair Banking Compliance Officer will report directly to the Senior Compliance Manager and will provide support to the Risk Management Department. The Fair Banking Compliance Officer will support a strong fair banking compliance culture and maintain robust fair banking risk oversight through fair banking data collection, validation, and analysis; preparation of fair banking reporting; ensuring ongoing compliance with fair banking regulations, including anti-discrimination laws such as ECOA/Regulation B, UDAAP, and FCRA; and preparation and delivery of fair banking related training.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Conducts in-depth fair banking and UDAAP reviews for lending, deposit operations, and trust activities, while leveraging software solutions to preserve detailed and both detailed and summary level fair banking analysis and reporting.
• Fills a leadership role in the Fair & Responsible Banking Committee and prepares Committee documents, minutes, and related materials.
• Participates in compliance monitoring activities as directed, including but not limited to: reviewing loan, deposit, and trust accounts to ensure compliance with fair banking regulations and UDAAP.
• Prepares and updates policies and procedures and training materials related to fair banking topics and assists in administering fair banking training.
• Monitors and prepares regular updates to fair banking and UDAAP risk assessments.
• Develops and runs reports from core systems for monitoring and other requirements as needed.
• Tracks, reports, and resolves issues identified in compliance monitoring efforts.
• Responds to questions from the Bank’s Centers and Departments regarding fair banking compliance.
• Gathers information for internal and external audits and examinations.
• Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job.
• Provide, present, and promote the Citizens Experience to all external and internal customers.
• Other duties as assigned.

SUPERVISORY RESPONSIBILITIES

This position has no supervisory responsibilities.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor’s degree in business, Accounting, Finance or 4 to 6 years related experience and/or training; or equivalent combination of education and experience. Work related experience should consist of a fair lending compliance and/or mortgage fair lending compliance background in a financial institution.

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations and interpret and draw bar graphs.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

COMPUTER & SOFTWARE SKILLS

• Strong working knowledge of Microsoft Office applications such as Work, Excel, PowerPoint, Outlook.
• Familiarity with Fair Lending Wiz or equivalent software.

CERTIFICATES, LICENSES, REGISTRATIONS

Certified Regulatory Compliance Manager (CRCM) Certification is preferred.

OTHER SKILLS and ABILITIES

• Strong understanding of logic and programming principles.
• Occasional travel will be required approximately 5% of the time.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the associate is regularly required to talk or hear. The associate is frequently required to stand; walk; sit; and use hands and fingers to handle or feel. The associate is occasionally required to reach with hands and arms, and stoop, kneel, crouch or crawl. The associate is regularly required to operate a computer keyboard, mouse, calculator and telephone and reach with hands and arms. The associate must occasionally lift and/or move up to ten (10) pounds. Specific vision requirements include close vision, color vision, and the ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is usually moderate.

Salary Range:$73,770.00 To $103,278.00 Annually

40 hours per week.