Fair Lending Investigator

Job Description

The Fair Lending Investigator is responsible to develop, manage, and conduct enterprise and business unit risk assessments with a UDAPP and minority lending focus. The Fair Lending Investigator is also responsible to consult with business units to help maintain appropriate regulatory risk assessment procedures.

 
Essential Functions
•    Analyze UDAAP compliance risks and fair lending compliance risks
•    Determine appropriate controls to mitigate UDAAP risks, and to mitigate fair lending risks
•    Develop risk assessments to meet strategic goals of Northwest and business units, and  relationships with business units compliance staff
•    Prepare strategy with business unit to develop and maintain appropriate compliance controls
•    Manage business units’ risk assessments to assure appropriate compliance testing and monitoring
•    Maintain “culture of compliance” with business unit
•    Prepare reports for compliance management staff that monitor Northwest’s current level of regulatory compliance performance, and analyze monitoring reports regarding Northwest’s regulatory compliance requirements
•    Assist compliance management in preparing for regulatory compliance performance examinations with regulators
•    Identify  training weaknesses in our staff’s regulatory compliance knowledge
•    Perform the monitoring requirements of Northwest’s annual compliance program
•    Oversee business unit compliance staff’s risk assessments
•    Consult with business unit to improve compliance management
•    Interpret regulatory laws to identify gaps in Northwest’s or affiliates’ compliance management processes or procedures
•    Manage business units’ compliance risk assessments
•    Ensure document and data integrity, and compliance within subsidiaries and affiliates
•    Prepare management reports
•    Develop tools and processes that enhance compliance efficiency
•    Identify  and resolve compliance issues
•    Communicate regulatory risk to Chief Compliance/Fair Banking Officer, Fair and Responsible Banking Officer and Fair Lending Manager, and to business unit’s compliance staff
•    Maintain a high level of regulatory compliance expertise
•    Promptly answer questions and provide guidance to business unit
•    Perform monitoring reports on schedule
•    Identify issues that require further analysis
•    Present relevant findings to Chief Compliance/Fair Banking Officer, Fair and Responsible Banking Officer and Fair Lending Manager, and final report to business unit manager
•    Follow-up on corrective issues
•    Analyze business units’ risk assessments for accuracy
•    Appraise adequacy of corrective actions
•    Summarize results and findings
•    Prepare monitoring reports
•    Maintain work papers and samples
•    Research and improve report data
•    Recommend improvements to procedures
•    Maximize technology tools available and benefits to Northwest
•    Minimize departmental non-payroll costs and risk
 
Additional Essential Functions
•    Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
•    Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
•    Work as part of a team
•    Work with on-site equipment
 
What You Bring to the Team
•    Complete special projects as assigned 
 
Safety and Health for those without supervisory duties 
•    Abide by the rules of the safety and loss prevention program
•    Perform work tasks in a safe manner
•    Report any and all injuries to supervisor
•    Know what to do in case of an emergency
 
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
 
Education   
Bachelor's Degree    in business management preferred or equivalent on the job training            
 
Work Experience    
    General audit experience background       
3 - 5 years    associated compliance business related experience      
 
General Employee Knowledge, Skills, and Abilities
•    Ability to establish effective working relationships among team members and participate in solving problems and making decisions  
•    Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written  
•    Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information    
•    Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information  
•    Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas  
 
Additional Knowledge, Skills and Abilities
•    In-depth knowledge of consumer regulatory laws and regulations    Working
•    Excellent written and oral communication skills  
•    Strong presentation skills  
•    Logically and operationally minded with special attention to identifying risk  
•    Ability to work in a fast paces environment, prioritize a complex workload, adapt to interruptions, and meet deadlines  
 
Licenses and Certifications
    CRCM certification or professional equivalent.                
 
Additional Licenses and Certifications 
If an individual has 3+ years of experience within a compliance role within the Company when being placed in this position, he or she will have 3 months to acquire their CRCM certification.                
New hires or individuals with less than 3 years of experience will have up to 39 months within a compliance role within the Company to acquire their CRCM certification.                

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.