Assistant Vice President, Fair Lending Compliance jobs in United States
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PENNYMAC TPO · 1 week ago

Assistant Vice President, Fair Lending Compliance

Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Assistant Vice President of Fair Lending Compliance is responsible for ensuring adherence to fair lending laws, identifying risks, conducting evaluations, and enhancing monitoring systems.

Commercial LendingConsultingFinancial ServicesMortgage

Responsibilities

Collaborate with other departments, such as: Marketing, Sales, Operations, Customer Service, and Legal to ensure fair lending compliance is embedded in all aspects of the business
Escalate and report identified fair lending risk and/or violations through comparative file reviews to senior management and relevant committees
Continuously improve monitoring systems, such as fair lending analytics and regression models, to identify and address fair lending risks
Investigate and analyze possible fair lending violations, such as consumer complaint allegations, and collaborate to develop effective solutions to address them
Conduct periodic risk assessments to identify potential fair lending risks
Implement measures to prevent and mitigate future fair lending risks, ensuring compliance
Stay updated on regulatory changes, including state and federal fair lending regulations, and industry best practices
Uphold the organization's culture and values through actions and behaviors
Perform other related duties as assigned, needed, or required

Qualification

Fair lending complianceFederal regulations knowledgeRisk assessment skillsAnalytical skillsMicrosoft Office proficiencyGoogle Workspace proficiencyEncompass proficiencySQL proficiencySnowflake proficiencyCommunication skillsInterpersonal skillsAttention to detailWork under pressureProject management

Required

Minimum 5-7 years of experience in financial services, including mortgage lending and servicing
Extensive knowledge of federal and state regulations related to fair lending laws, including but not limited to: ECOA, FHA, HMDA, and UDAAP
Strong analytical and risk assessment skills
Exceptional communication and interpersonal skills
Ability to work independently and collaboratively
Proficiency in Microsoft Office and Google Workspace, Encompass, including relational databases (SQL, Snowflake)
Strong business acumen and ability to interact effectively with executive management
Exceptional attention to detail and accuracy in reviewing application loan files, call recordings, data trends & inconsistencies
Ability to work under pressure and manage multiple projects simultaneously

Benefits

Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

Company

PENNYMAC TPO

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Pennymac TPO provides conventional loans, VA Mortgages, ​home purchase financing, FHA loans, and mortgage refinancing services.

Funding

Current Stage
Late Stage
Company data provided by crunchbase