Fair Lending Compliance Specialist

3 weeks ago


Sandusky, Ohio, United States Civista Bank Full time
Job Summary

Civista Bank is seeking a highly skilled Fair Lending Compliance Specialist to join our team. As a key member of our compliance department, you will be responsible for ensuring the accuracy and integrity of our mortgage, consumer, and commercial lending data.

Key Responsibilities
  • Interpret and analyze Fair Lending and HMDA data to ensure compliance with regulatory requirements.
  • Facilitate the collection of HMDA data from various lines of business and review loan files to validate information.
  • Communicate exceptions, errors, or concerns to the applicable line of business for review and resolution.
  • Conduct edit checks and provide feedback to management on areas requiring improvement to ensure data integrity.
  • Prepare and submit annual HMDA LAR to the Consumer Financial Protection Bureau (CFPB).
  • Develop, document, and execute applicable review and/or audit test samples independently or in conjunction with the Compliance team.
  • Participate in Compliance reviews, ad-hoc projects, and training efforts as required.
  • Stay current on regulatory changes through training and professional development.
Requirements
  • Bachelor's degree or equivalent work experience.
  • Financial services or Compliance experience preferred.
  • 2-5 years of experience reviewing or auditing mortgage, consumer, or commercial lending data.
  • Minimum 2 years of experience working with large datasets (1,000+ files, fields, or inputs).
  • Minimum 2 years of experience working with proprietary software products.
  • Strong analytical and problem-solving skills.
  • High level of accuracy and attention to detail.
  • Effective communication skills, oral and written.
  • Ability to multi-task and manage workload, including ad-hoc requests and adhere to deadlines.
  • Intermediate understanding of applicable loan file documentation and underwriting policies.
  • Intermediate knowledge of Fair Lending laws, regulations, and requirements.
  • Strong understanding of the Federal Reserve Bank system.
  • Strong knowledge of HMDA-related rules and regulations with a strong ability to apply regulatory changes to loan operations, as needed.


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