Busey · 15 hours ago
Compliance Officer - Fair Lending
Illinois, United States
Full-time
Remote
Mid Level
3+ years exp
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Responsibilities
Assist in the development and execution of the Bank’s Fair Lending Compliance Program by conducting scheduled reviews and analyses that monitor and/or test for potential fair lending risks or control deficiencies aimed at mitigating potential fair lending concerns throughout the Bank.
Complete the Bank’s Fair Lending Risk Assessment annually, to be approved by the Director of Fair and Responsible Banking.
Implement and enhance the Bank’s Compliance Complaints Management Program.
Work with Senior Heads of Business around the Bank to manage the Bank’s written responses to regulatory complaints received by consumers. Makes final decisions for complaints containing low or moderate risk; collaborates with the Fair and Responsible Banking Officer for complaints containing high risk.
Manage and enhance the Bank’s Fair Lending Key Risk Indicator (KRI) Program.
Manage and enhance the Bank’s Complaints Monitoring Key Risk Indicator (KRI) Program intended to identify complaint trends that may pose emerging risks to the Bank.
Provide Management with periodic Complaint Analyses to assist them in identifying emerging risks related to various areas around the Bank.
Prepare the department for internal audits and regulatory examinations of the Bank’s Fair Lending Program and Complaints Management Program.
Act as the key educational resource for all departments on complaint awareness and Fair Lending regulations.
Assist in the creation of an annual Fair Lending Risk Management review plan.
Assist in the execution of the annual Fair Lending Risk Management review plan.
Assist in the execution of other activities that support the Bank’s Fair and Responsible Banking Program.
Qualification
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Required
BA/BS degree minimum of 3 years of progressive community development lending, investment and service-related activities
5 years CRA-related efforts and initiatives experience or combination of equivalent education/experience
Strong analytical skills, including creative problem-solving abilities
Organizational skills including attention to detail and follow through
Strong oral and written communication skills
Ability to travel throughout the bank’s regional footprint minimum 15%
Ability to multi-task and work independently
Ability to collaborate with key internal and external partners
Ability to perform duties under frequent time pressures
Ability to solve problems independently while applying logic and discretion
Strong analytical, communication (written, verbal, presentation) skills and organization skills
Proficient in Microsoft suite of products (Word, Excel, Outlook, etc.)
Company
Busey
As of September 30, 2024, First Busey Corporation (Nasdaq: BUSE) was an $11.99 billion financial holding company headquartered in Champaign, Illinois.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2015-01-09Acquired
Leadership Team
Donna Craw
EVP, Chief Operating Officer, Wealth Management
Mark Trembacki
Executive Vice President & Chief Strategy Officer
Recent News
2023-11-27
Business Journals
2023-06-20
2023-05-18
Company data provided by crunchbase
