FairfieldCTRecruiter Since 2001
the smart solution for Fairfield jobs

Lending Compliance Officer

Company: Westamerica Bank
Location: Fairfield
Posted on: May 3, 2021

Job Description:

Description Westamerica is among the largest commercial banks headquartered in California. We are looking for outstanding people to join our winning team. We reached our current strength because our employees, customers, and shareholders believe in the same fundamental goals: Delivering a wide variety of financial services with a superior customer service guarantee. Job Summary: Under general managerial guidance: The Lending Compliance Officer is responsible for supporting Westamerica's Compliance Management System daily activities ensuring that bank activities comply at all times with appropriate laws and regulations. Ensures that all required lending-related compliance policies are in force and reviewed periodically for adequateness. Directs and coordinates procedural updates related to compliance issues, participates in business line project and meetings to provide compliance support, manages lending-related compliance issues and responds to compliance inquiries. Reports compliance issues to the CRA & Compliance Manager and Senior Management. Responsibilities: Research regulatory issues, respond to compliance questions, and provide guidance to business units through the use of regulatory reference materials, regulatory agencies, and professional associations and organizations as appropriate. Ensure assigned business units are in compliance with applicable lending laws, regulations, and rules, and have appropriate operating controls to mitigate risk. Assist the business units with developing and revising compliance-related practices, procedures and controls where needed. Maintain a strong working knowledge of all lending-related regulatory compliance laws, regulations, regulatory guidance, and industry best practices by reviewing industry publications, receiving/attending compliance training, and networking with professional advisors, experts and peers. Coordinate the lending aspects of the compliance management system that ensures proper policies, procedures, risk mitigation activities, and operating controls are followed. Identifies and reports compliance issues and gaps in policies, procedures, and operating controls to leadership to ensure risk is mitigated. Work with business unit partners to resolve and track identified issues to resolution. Review product and service disclosures and advertising materials for compliance with applicable rules. Assist with complaints as needed. Participate in the oversight of regulatory compliance audits and/or examinations. Help to develop, coordinate and facilitate training programs, sessions, and seminars to educated business unit partners about compliance requirements and procedures. Provide and/or assist with conducting compliance training to managers and employees as needed. Participate as a member of the Regulatory Compliance Committee (RCC) and is a member of the Consumer Complaint Committee (CCC). Facilitate and provide guidance during the compliance and Fair Lending risk assessment process. Provide other compliance assistance as needed. Minimum Rules and Regulation knowledge required to perform job: Equal Credit Opportunity Act / Regulation B Home Mortgage Disclosure Act (HDMA) / Regulation C Disclosure and Reporting of CRA Related Agreements (CRA Sunshine Requirements / Regulation G Privacy of Consumer Financial Information / Regulation P Fair Credit Reporting Act / Regulation V Borrowers of Securities Credit / Regulation X Truth in Lending Act / Regulation Z Community Reinvestment Act (CRA) / Regulation BB E-Sign Act Fair Lending Act California Consumer Privacy Act Fair Debt Collections Practices Act Minimum Qualifications: Minimum of 3 years of Banking Compliance experience Bachelor's Degree in Finance, Accounting, Economics or related field Excellent verbal, written, and presentation communication skills Proficient in Microsoft Office to include Excel, Word, Outlook and PowerPoint Demonstrated ability to manage multiple assignments, achieve deadlines and deliver quality results within a team environment Preferred Qualifications: CRCM certifications Master's Degree in Finance, Accounting, Economics or related field Covid-19 precautions: Personal protective equipment required Social distancing guidelines in place Sanitizing, disinfecting, or cleaning procedures in place EOE Westamerica Bank's Privacy Policy may be found at: www.westamerica.com/about/privacy

Keywords: Westamerica Bank, Fairfield , Lending Compliance Officer, Other , Fairfield, Connecticut

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Connecticut jobs by following @recnetCT on Twitter!

Fairfield RSS job feeds