About the Role
Seeking a Fair Lending Banking Specialist to lead and manage the organization’s Fair Lending Compliance Program. This individual will play a key role in ensuring the bank maintains a strong fair lending risk profile while meeting all regulatory requirements.
The role will partner closely with senior leadership and internal stakeholders to monitor fair lending risk, implement compliance programs, and ensure the organization remains examination ready.
Key Responsibilities
- Manage and oversee the bank’s Fair Lending Compliance Program to ensure regulatory compliance.
- Identify, monitor, and mitigate fair lending risks across lending, pricing, underwriting, and marketing practices.
- Conduct fair lending reviews, including comparative file reviews, redlining analysis, and marketing reviews.
- Develop and implement risk reporting tools and key risk indicators.
- Prepare reports and presentations for senior leadership and the Board of Directors.
- Conduct annual fair lending risk assessments and develop the annual monitoring plan.
- Coordinate fair lending training programs for employees, management, and board members.
- Assist with regulatory exams and audits, including preparation and remediation efforts.
- Review lending policies, procedures, and new products to identify potential fair lending concerns.
- Partner with compliance and risk teams to continuously improve internal processes and controls.
Qualifications
- Bachelor’s degree required.
- 5+ years of financial institution compliance experience, including Fair Lending.
- Strong knowledge of Fair Lending regulations and regulatory examination processes.
- Experience performing fair lending risk assessments, redlining analysis, and comparative file reviews.
- Ability to analyze data and produce clear compliance reports for leadership.
- Excellent organizational, analytical, and communication skills.
- Ability to manage multiple projects and deadlines independently.
Work Schedule
- Monday – Friday
- Standard business hours
- Fully on-site role
Benefits
- Medical, vision, and prescription coverage
- Dental insurance
- Life, AD&D, and long-term disability insurance
- Employee Assistance Program
- 401(k) with employer contribution
- Paid time off and holidays
Ascendo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability
