This job was posted by https://www.azjobconnection.gov : For more information, please see: https://www.azjobconnection.gov/jobs/6665816

Primary Functions:Responsible for maintaining an effective fair lending program to ensure the credit union remains in compliance with fair lending laws, regulations, and guidance. She/he will identify and lead fair lending risk and compliance initiatives, develop and refine appropriate risk and compliance monitoring and testing processes, and work with all levels and departments in the organization to understand and comply with fair lending laws and requirements.

Duties and Responsibilities:

1. Manage the enterprise fair lending compliance policy and program to provide a consistent approach to the identification, measurement, and monitoring of fair lending risks.
2. Establish and implement controls to minimize fair lending risk throughout the entire lifecycle of credit union products and services.
3. Ensure organization-wide fair lending training is timely and tailored to the credit unions fair lending risks and employees job functions. Evaluate, assign, and report on fair lending training, take corrective action when needed.
4. Work with the Vendor Management team to monitor and test vendors and third parties for compliance with fair lending policies and procedures.
5. Partner with the first line compliance teams to assess and evaluate fair lending performance, perform transactional testing, identify, and resolve control deficiencies, and work with stakeholders on necessary improvements.
6. Conduct an annual risk assessment that evaluates the level and direction of the credit unions fair lending risk.
7. Complete fair lending reviews, including ongoing comparative file reviews, marketing analysis, exceptions, and redlining reviews, ensure appropriate remediation occurs, and maintain adequate work papers to support findings.
8. Prepare and present concise management reports related to fair lending compliance risk assessments, monitoring, and root cause analysis of fair lending compliance related issues.
9. Provide timely and thoughtful regulatory expertise in response to business initiatives, line of business guidance requests, internal and external audits, and regulatory examinations.
10. Interact with state and federal regulators in a positive and constructive manner regarding the fair lending compliance program and applicable requirements.
11. Seek out, develop and maintain knowledge and skills through completion of continuing education and training pertinent to the position.