DescriptionPosition Goals:
Develop, maintain and own regulatory monitoring for lines of business.
Essential Duties and Responsibilities:
- Develop and provide a proactive self-assessment program for the consumer and mortgage lending lines of business that covers at least the following:
- RESPA
- Regulation B
- TRID
- Fair Lending
- HMDA
- Procedure
- Key Control Points
- Respond to and resolve issues or findings identified by Compliance, Audit and Loan Review.
- Develop and provide reporting and tracking for outstanding issues or findings along with responses and resolutions.
- Develop and prepare regular written analysis related to monitoring results, trending, risk, recommendation and remediation work.
- Assist management with implementation of process related regulatory changes including:
- Active participation in project teams
- Change management
- Research and solution development
- Serve as consultant and subject matter expert for the front line.
- Serve as point of contact for non-routine line two and three requests, including exam requests.
- Provide oversight, coaching and mentoring to the Compliance Specialist and the Consumer HMDA Compliance Specialist.
Position Requirements:
Education - Bachelor’s degree in management, business or related field of study.
Experience - Minimum of three (3) years of experience in a lending compliance related role with an emphasis in consumer and mortgage lending.
Other - None.
Preferred Requirements:
Current Certified Regulatory Compliance Manager (CRCM) certification.
Qualifications
Education
Bachelors of Management (required)
Experience
Minimum of three (3) years of experience in a lending compliance related role with an emphasis in consumer and mortgage lending. (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
First Merchants Bank is an Equal Opportunity Employer and E-Verify participant (M/F/D/V).