Compliance Analyst II, Fair Lending
Guild Mortgage
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $55,000 - $83,000 per year
Job Level
Mid-LevelSenior
Tech Stack
Cloud
About the role
- Support the identification, measurement, and mitigation of fair lending compliance risks in the organization.
- Conduct detailed analysis of mortgage lending data to identify potential fair lending risks.
- Complete periodic fair lending reviews, including ongoing comparative file reviews, marketing analysis, quality of assistance, exceptions, and redlining reviews.
- Monitor and evaluate the company’s lending practices to ensure compliance with fair lending laws and regulations.
- Maintain an ongoing state-specific CRA monitoring program, coordinating business-line efforts in compliance with document retention requirements.
- Creates, updates, and maintains continuous records of CRA performance.
- Maintain detailed work papers to support findings from fair lending analyses and prepare clear and concise written reports on fair lending performance to senior management.
- Ensure appropriate remediation occurs.
- Develop and implement written policies/procedures and fair lending training programs for staff.
- Stay updated on changes in fair lending laws and regulations and ensure the company’s practices are aligned.
- Assist in the preparation for regulatory examinations and audits, including advance preparation, follow-up on issues and observations, and develop written responses as needed.
- Collaborate with compliance, legal, and business units to address fair lending issues.
- Maintain relationships for collaboration in developing and monitoring performance goals that meet the company’s fair lending and/or CRA objectives, as well as state-specific requirements.
- Support various business line projects to address specific fair lending compliance risk issues, working with business leaders to analyze and quantify risks, assess solutions or mitigation activities, and develop remediation plans.
- Oversee fair-lending related marketing efforts, ensuring that advertising is inclusive, and campaigns promote and focus on compliant fair lending practices.
- Review and conduct analysis on marketing programs to identify potential compliance fair lending issues, exercise decisions, and resolve independently.
- Provide support on reviewing advertisements in accordance with applicable laws and regulations.
- Provide support for the Home Mortgage Disclosure Act (HMDA) compliance program as needed.
- Maintain proficiency in software tools necessary to complete requisite fair lending analysis.
- Manage special projects and perform other duties as assigned.
Requirements
- Bachelors Degree directly related to the position or equivalent, or college courses/technical training related to Business, Finance, Legal or related field, required.
- Minimum of three years' related work experience required.
- Experience working in fair lending a plus.
- Ability to work well independently or within a team.
- Complete knowledge of various applicable regulations, specifically: TCPA, RESPA, UDAAP, CAN SPAM, SAFE ACT.
- General knowledge of overall mortgage lending process; prior mortgage, lending or related industry experience.
- Sound judgment, ability to think critically.
- Work independently in a fast-paced environment to complete work following procedures.
- Manage multiple priorities and deadlines; strong sense of urgency and responsiveness.
- Familiarity with different forms of social media and related applications and websites including how they are accessed and used, along with print, radio and television.
- Prior experience performing general administrative duties including filing, photocopying, data entry.
- Excellent verbal and written communication skills.
- Highly organized and detail-oriented; ability to work in a fast-paced, metrics-driven environment required.
- Proficiency in Microsoft Office Suite, Word, Excel, Wiki, collaborative cloud-based programs, and third-party software applications required.
- Commitment to company values.
Benefits
- medical
- dental
- vision
- life insurance
- AD&D
- LTD
- 401(k) with employer match
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
fair lending compliancemortgage lending analysisCRA monitoringregulatory compliancedata analysispolicy developmentremediation planningadvertising complianceHMDA compliancerisk assessment
Soft skills
critical thinkingindependent workteam collaborationsound judgmentorganizational skillsattention to detailtime managementcommunication skillsresponsivenessability to manage multiple priorities
Certifications
Bachelor's DegreeTCPA knowledgeRESPA knowledgeUDAAP knowledgeCAN SPAM knowledgeSAFE ACT knowledge