Fair & Responsible Banking Compliance Analyst - Consumer Compliance - Bowie, MD

Fair & Responsible Banking Compliance Analyst

• Consumer Compliance
• Bowie, MD Back Fair & Responsible Banking Compliance Analyst
• Consumer Compliance #61-9064 Bowie, Maryland, United States X Facebook LinkedIn Email Copy Location This position is 100% remote within the Bank's footprint.

Employee will work full time remote outside of a WesBanco location (may occasionally attend in person meetings, although primary functions of the role are performed remotely) Market Mid-Atlantic Work Hours per Week 40 Requirements Bachelor's degree in a related field or an equivalent combination of education and experience, required. Minimum of 5 years' experience in banking or financial services required.

Minimum of 3 years' experience with Fair Banking and/or Fair Lending, preferably with federal regulator and/or large institution, required. Industry certification in complianceisk management (CRCM) preferred.

Prior experience with Fair Banking or Fair Lending Analysis required, including reporting and presentation. Experience with CRA/HMDA or Fair Lending software is preferred.

Job Description SUMMARY:

The Fair & Responsible Banking Compliance Analyst uses a combination of compliance monitoring reviews, data analytics and statistical analyses related to the Community Reinvestment Act (CRA) and Fair Banking program to proactively identify compliance risks or gaps in controls and recommend corrective action. The role is responsible for providing research and analytical support; communicating compliance deficiencies and concerns to management and staff; coordinate with and provide assistance to management in developing and implementing corrective action to remediate deficiencies and minimize risk. This position is responsible for ensuring compliance with all record-keeping and reporting requirements of the CRA and fair banking laws, including HMDA, ECOA, FHA, UDAAP and other regulations as applicable.

ESSENTIAL DUTIES AND RESPONSIBILITIES

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, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Monitors and assesses legislative and regulatory changes to ensure that appropriate personnel are informed and changes are made as necessary to the Bank's policies and procedures to comply with applicable regulatory requirements.

Participates in ongoing risk-based compliance monitoring, testing and risk assessments evaluates compliance risks and effectiveness of corresponding controls; identifies and provides solutions to address gaps in controls, mitigates compliance risks, and enhances compliance training. Collaborates with the applicable department or functional manager in the development and reviews policies and procedures to ensure remaining compliant with applicable federal and state laws and regulations related to Fair Banking and with standard operating practices.

Participates in new product development to ensure compliance with CRA and Fair Banking regulations.

Performs a review of certain marketing materials before they are placed to ensure compliance with fair banking standards.

Ensures prompt and adequate responses to all complaints related to consumer banking laws and regulations, including appropriate escalation of higher risk complaints that may signal a systemic or material issue. Coordinates with line of business and operations partners as necessary to ensure timely investigation, gathering of supporting documentation and preparation of written responses to consumers and regulators as required. Prepares and presents periodic analysis and reports on consumer complaints. Performs fair lending reviews, ...For full information see follow application link. WesBanco is an Equal Opportunity, AA Employer. EOE//Disabled/Veteran