Lending Compliance Officer

About the position

Responsibilities

• Actively monitor Management's progress and implementation of any compliance-related examination or audit findings.
• Actively monitor the Credit Union's compliance with applicable lending regulations through the use of risk assessments, data gathering, process mapping, walk-throughs, test work, and data analysis/interpretation.
• Advises Lending Management of regulatory/legal changes and recommends changes to policy or procedures as necessary.
• Escalates issues of concern to the Compliance Manager and/or Chief Risk Officer.
• Attend meetings, conferences and training seminars that relate to credit union regulations, legislation, policies and procedures.
• Be a member of the organization's Loan Review Committee.
• Be an active contributor to the organization's Compliance Committee, offering clear and interpretative guidance to the Compliance Manager on regulation changes, updates, and new implementations. Further address noted concerns regarding any deficiencies and offer corrective action solutions.
• Complete the annual Fair Lending risk assessment and presents results to the Compliance Manager.
• Coordinate and consult with Internal Audit to provide detailed analysis regarding complex loan reviews as part of internal audit sample as needed.
• Evaluate Credit Union policies, procedures, product lines, and marketing materials to ensure compliance with lending laws and regulations.
• Communicates lending compliance concerns to Compliance Manager, Lending Management, Marketing Management, Enterprise Risk Management staff, and Chief Risk Officer.
• Facilitates the Credit Union's lending quality control program and plan, performing pre-funding reviews and managing post-closing reviews through a third-party vendor, to ensure compliance with all state and federal laws and regulations, secondary market requirements, Government-backed lending program requirements, and internal lending policies and procedures.

This will include the timely processing of files, reports, Management's responses, and through coordination with Internal Audit

• In conjunction with and as directed by the Chief Risk Officer, perform high-level independent analysis on items related to the entire Credit Union loan portfolio including Member Business Lending, Consumer Lending, and Home Loans.
• Investigates and reports loan fraud to the Compliance Manager, Chief Risk Officer, Chief of Administration, or President CEO.
• Maintains strong communication and relations with product line managers and Enterprise Risk Management staff to support follow-up and reporting needs.
• Participate in networking and building partnerships with the Credit Union's Lending management.
• Perform post-closing reviews of funded and unfunded consumer loans.
• Perform special reviews of problem areas as identified by the Chief Risk Officer.
• Remain current on all lending compliance issues related to regulatory, secondary market and CCU policies, guidelines and products.
• Responsible as Document Owner for drafting, reviewing, and revising all corporate-level lending compliance policies.
• Serve as a subject matter expert for Lending Management on federal and state lending regulations offering input and guidance for all lending-related compliance questions.
• Work with the Chief Risk Officer to assists outside examination organizations with compliance related reviews, including but not limited to, Certified Public Accountants, Regulatory Examiners.
• Works with the Compliance Manager and Chief Risk Officer to complete an annual Lending Compliance Risk Assessment and presents results to the Loan Review Committee.

Requirements

• Bachelor's degree or an equivalent combination of education and experience.
• 4 years of experience in real estate lending including areas of products, underwriting, processing and documentation for real estate secured loans with significant background in lending regulatory compliance required.
• Advanced analytical skills required.
• Strong oral and written communication skills.
• Working knowledge of MS Office, including Word, Excel, Outlook and Access, along with knowledge of loan processing systems.
• Ability to effectively manage time to support multiple disciplines and meet process timelines.
• Strong interpersonal, writing, and telephone skills.
• Attention to detail, excellent organization, and solution-seeking skills. Nice-to-haves
• Obtain/maintain Credit Union Compliance Officer (CUCO) certification, or similar industry-recognized lending compliance certification.

Benefits

• 100% paid Medical, Dental, Vision for employee - eligible the 1st of the month following hire date
• Accrued PTO, Accrued Extended Sick Time and 11 Paid Bank Holidays
• 401k Match- 100% match up to 6% employee contribution
• A home office option can be considered in Vancouver, Washington or Portland, Oregon AFTER all on-site training has been completed and all work from home requirements are met. On-site visits to the operations office will be required throughout the year.
• Tuition Assistance
• And More!

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