Responsible for developing and monitoring all aspects of the Credit Union's compliance requirements associated with our lending products and services, as well as all associated compliance related policies and procedures. In addition, responsible for the reporting requirements under Home Mortgage Disclosure Act (HMDA), the Credit Union's Fair Lending Policy, and the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act). Accountable for developing and monitoring risk-based compliance programs to assure regulatory compliance with all aspects of lending in consultation with assigned business units.
This position is hybrid.
NYC Salary Range - $97,920 - $125,000 annually; compensation is commensurate to geographic location.
What you'll do
Regardless of seniority or role, uphold UNFCU's mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors
Perform duties inherent with the management of staff, which includes the role of HMDA Specialist; ensure the Credit Union meets its reporting obligations under HMDA
Develop, deliver, and maintain an ongoing lending compliance training program for Credit Union employees with a concentration on fair lending laws and regulations, including Equal Credit Opportunity Act (ECOA), Home Mortgage Disclosure Act (HMDA), Truth in Lending Act (TILA), Fair Housing Act (FHA), and Unfair, Deceptive or Abusive Acts or Practices (UDAAP)
Perform monitoring and testing to ensure existing and proposed lending-related business practices, policies, procedures, software systems, documents and disclosures comply with federal and state regulations
Conduct compliance monitoring and testing reviews, and risk assessments of key regulations as per the plan; evaluate the effectiveness of internal policies, procedures and processes
Work with business lines to identify, assess, and develop risk mitigation strategies for compliance risks associated with new and existing consumer products and services, tracking progress, reporting results, and validating corrective actions
Act as a trusted, credible advisor and partner to the business lines, Enterprise Risk Management, Legal and other stakeholders, representing Compliance
Provide effective challenge and guidance on compliance risks; support the business lines through various interactions and forums, including new initiatives
What we're seeking
Bachelor's degree, or equivalent experience with a focus on lending compliance
5-7 years of lending operations experience, including responsibility for complying with applicable rules and regulations (consumer protection laws and regulation and supervisory compliance examination procedures)
Proficient in MS Office and other applicable lending software and applications
Strong project management and analytical skills
Strong communication skills
Well organized and detail-oriented
What makes you stand out
Certified Regulatory Compliance Manager (CRCM) certification or similar certified compliance/audit/legal credentials preferred
Who we are
UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.
UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by country, federal, state or local laws.
