Description
We are seeking an experienced and detail-oriented Regulatory Compliance Analyst to support our Compliance Department in maintaining and enhancing the bank’s compliance with federal and state banking regulations. This role will focus on Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), Consumer Affairs (CA), and related data analytics and reporting. The ideal candidate will work closely with the Director of Compliance to ensure ongoing monitoring, accurate data submission, and proactive compliance oversight. We’re a growing, relationship-driven community bank committed to compliance excellence and service to our local communities. You’ll have the opportunity to work in a collaborative environment where your expertise can directly influence the bank’s compliance success and community impact.
Key Responsibilities:
- Prepare, review, and submit HMDA and CRA data in accordance with regulatory deadlines and guidance.
- Conduct ongoing monitoring and analysis of lending data to identify potential gaps or anomalies.
- Assist in fair lending analytics, mapping, and trend analysis to support CRA and Fair Lending programs.
- Collaborate with business lines and management to ensure data integrity, completeness, and regulatory accuracy.
- Support the Director of Compliance in developing and implementing compliance policies, risk assessments, and internal audit responses.
- Monitor updates from the CFPB, FDIC, OCC, and Federal Reserve related to compliance and lending regulations.
- Participate in internal and external examinations, providing documentation and analysis as requested.
- Utilize NContracts or related compliance management software for data tracking, reporting, and analysis.
- Prepare dashboards and summaries to communicate compliance metrics and trends to management and the Board.
Requirements
- Bachelor’s degree in finance, accounting, business, or a related field (or equivalent experience).
- 3–7 years of experience in regulatory compliance, preferably in a community banking environment.
- Strong understanding of HMDA, CRA, Fair Lending, ECOA, and other key consumer protection regulations.
- Proficiency with compliance data analysis tools, including Excel, Access, and NContracts (or similar platforms).
- Excellent analytical, organizational, and communication skills.
- Experience as a former bank examiner or regulator preferred but not required.
- High attention to detail and the ability to work independently with minimal supervision.
Skills Required
- Bachelor's degree in finance, accounting, business, or related field (or equivalent experience)
- 3-7 years of experience in regulatory compliance, preferably in a community banking environment
- Strong understanding of HMDA, CRA, Fair Lending, ECOA, and other consumer protection regulations
- Proficiency with compliance data analysis tools, including Excel, Access, and NContracts (or similar platforms)
- Excellent analytical, organizational, and communication skills
- Experience as a former bank examiner or regulator
- High attention to detail and ability to work independently with minimal supervision
What We Do
The Freedom Bank of Virginia is a local, full-service community bank serving the Northern Virginia/DC MSA, including Vienna, Fairfax, Chantilly, Reston, and Manassas. It provides a comprehensive portfolio of financial products, including commercial, personal, and mortgage banking solutions. The bank leverages industry expertise and innovative technology to build strong client relationships and support the business and personal banking needs of its clients and communities.
