Sr. Compliance Officer

About the position

The Senior Compliance Officer leads in developing, implementing, testing and administering the credit union's compliance program including but not limited to; fair lending, privacy, business support, findings, monitoring, change management and training, to ensure organization-wide internal controls are in place. This role involves driving quality, consistency, and focused, risk-based coverage of fair lending and UDAAP compliance monitoring activity and remediation across 1st and 2nd lines through analysis, planning, coordination, monitoring execution and remediation support. The officer will also develop and track progress against a dynamic, risk-based compliance monitoring plan informed by various compliance intelligence sources.

Responsibilities

• Drive quality, consistency, and focused, risk-based coverage of fair lending and UDAAP compliance monitoring activity.
• Develop and track progress against a risk-based compliance monitoring plan informed by compliance assessments and regulatory changes.
• Act as subject matter expert on fair lending and UDAAP compliance monitoring to develop standards and best practices.
• Plan, conduct and support compliance monitoring reviews using process reviews, transaction testing, and data analytics.
• Assist in the development and review of business unit compliance monitoring.
• Develop board and management reporting on monitoring results, root causes, and trends.
• Develop and facilitate fair lending and UDAAP risk assessments.
• Develop tools, guidance, and communication to support fair lending and UDAAP risk management.

Requirements

• Minimum three years' experience in compliance and/or internal audit role in the financial services sector with a focus on Fair Lending.
• Comprehensive knowledge of federal and state fair lending laws, including Regulation B, HMDA, the Fair Housing Act, and UDAAP.
• Experience in project management is preferred.
• Ability to organize, analyze and interpret data to make recommendations.
• Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines.
• Strong business communication skills; able to write/speak clearly and professionally for a variety of audiences.
• Strategic thinker with outstanding research, analytical, and problem solving skills.
• Ability to deliver effective stakeholder presentations to diverse audiences.
• Ability to foster strong relationships with internal and external stakeholders.
• Knowledge of Fair Lending Wiz is preferred.
• Working knowledge of Microsoft Office Suite.
• Minimum Education: Bachelor's degree or equivalent relevant professional experience.

Nice-to-haves

• Experience in project management is preferred.
• Knowledge of Fair Lending Wiz is preferred.

Benefits

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Accrue up to 17 days of Paid Time Off your first year of employment
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans