Lending Compliance Manager

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Lending Compliance Manager

The candidate, under the direction of the Chief Compliance Officer, will develop, implement, enhance and maintain a comprehensive lending compliance program to promote company adherence to internal compliance-related procedures and processes and existing, new or revised statutory and regulatory requirements. Will assist with the assessment of risks associated with all laws, regulations, and regulatory rules applicable across the lending life cycle and to ensure appropriate and sufficient controls are in place to mitigate those risks. Specific areas of operational focus include: applicant sourcing, application processing and underwriting, funding, account servicing, collections, and asset recovery. Areas of regulatory focus include, ECOA, UDAAP, TILA, FCRA, FDCPA, MLA/SCRA, TCPA, GLBA, EFTA, ESIGN, Flood, CRA, HMDA and other lending-related federal and state laws and regulations. Assist with the development, implementation and maintenance of the company's Compliance Management System. Ensure that policies, procedures and programs comply with applicable regulatory requirements and mitigate risk of non-compliance. Assist with the assessment of all regulatory risks related to lending, including identifying gaps in controls, highlighting areas of highest risk, and developing appropriate risk mitigation strategies. Serve as a compliance subject matter expert to branch offices and the company on lending compliance and related issues. Work with business leaders and management to socialize lending operations compliance principles and practices and assist with developing procedures, systems, and processes to execute policy requirements (i.e., lending compliance advisory). Provide direct compliance advisory support to various business functions and/or branch offices in the application of business processes to promote compliance with internal lending requirements as well as lending laws, regulations, and best practices. Field inquiries, interpret questions posed to the Department, research, and provide appropriate and timely guidance and assistance. Make effective recommendations to mitigate compliance risk. Serve as a subject matter expert, as necessary, on compliance-related matters as projects and initiatives are introduced, implemented and revised. Assist with the development of regulation-based training and targeted role-based training covering the laws, regulations, and policy requirements related to lending operations. Establish testing and monitoring protocols to assess and measure operations compliance with legal and regulatory requirements and identify defects and deficiencies requiring corrective action. Ensure material compliance issues identified by any means and through any source related to lending operations are recorded, tracked, and reported to ensure their appropriate and timely resolution. Respond to internal and external compliance review, audit and exam recommendations. Work with teammates to help identify the most appropriate solutions, assist with implementation of solutions, and track resolution through to closure. Coordinate regulatory change management by identifying new or changes to laws, regulations, and regulatory guidance related to lending operations compliance and work with business management to operationalize requirements. Monitor and analyze developing trends and changes in applicable laws and regulations, and advise management of the operational impact. Facilitate and/or lead implementation of regulatory changes by assisting the business lines with the control design and implementation and/or performing detailed transaction testing prior to the regulatory change date to ensure that the controls put in place by the business lines are appropriate and fully compliant. Liaise with examiners and auditors on reviews of the company's efforts to comply with regulatory requirements related to lending operations. Prepare, deliver, and effectively communicate analysis and reporting regarding lending operations compliance to oversight committees and management. Move across function lines within the Compliance Department to assist team members with other compliance-related responsibilities, including for example fair lending, community reinvestment, BSA/AML, issues management, policy and procedure development, and third-party compliance oversight. May assist with the following: editing and filing the HMDA LAR; reviewing flood determinations and appraisals and advising on flood insurance; and monitoring the resolution of credit bureau disputes via the ACDV / AUD functions in e-OSCAR. Perform other related duties as assigned. May directly supervise employees in the compliance department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Additional Information

Req. #: LENDI01555

Company info

Bank of The Sierra
86 North Main Street
Porterville
California
United States 93257
Website : https://www.bankofthesierra.com/