Compliance Officer - Fair and Responsible Banking

Job Title: - Compliance Officer - Fair and Responsible Banking Location:- Cleveland, OH // Onsite, Hybrid, Remote Duration: - Full Time Job Description: - The Fair and Responsible Banking (FARB) Analyst is a member of the Compliance team within Compliance Risk Management and supports FARB leadership in executing the Fair Lending Program. The Analyst is responsible for data analysis to quantify and/or assess risk as well as identifying, escalating, and mitigating FARB-related risks through monitoring activities and comparative file reviews. The Analyst will collaborate with the FARB Analytics Team to ensure steering and assistance analysis and fair lending regression model outputs adequately detect potential discriminatory lending practices. ESSENTIAL JOB FUNCTIONS:- • Examine loan files including, comparative file review, to ensure Key complies with fair and responsible banking laws • Collaborate with the FARB Analytics Team to ensure model outputs adequately identify potential fair lending risks • Proactively identify additional opportunities to enhance related analysis and reporting • Provide mentoring, and guidance to peers and other members of the team as well as other members of Risk Management • Respond to internal and external audits, exams, and requests for information • In-depth practical knowledge of internal controls, risk assessments, compliance processes, and applicable techniques for the implementation of regulatory and legal requirements • Develop and maintain positive working relationships with internal clients, staff, peers, and LOB senior management • Partner with other risk pillars, where appropriate, and provide a clear understanding of desired objectives • Maintain relationships with industry peers and regulatory bodies • Identify, respond, and/or escalate risks as appropriate • Assist in the development of policies, standards, procedures, and guidelines to align with corporate risk appetites, tolerances, and policies • Assist with conducting Second Line of Defense "review and challenge" activities and escalation, employing independent testing, as appropriate. • Support the ongoing development and implementation of strategic plans and objectives, and regulatory changes • Support other risk disciplines in risk identification, mitigation, and reporting • Utilize data analysis tools and techniques to analyze, quantify, and/or assess risks • Demonstrate a strong understanding of and adherence to the three-lines-of-defense model • Perform other duties as required REQUIRED QUALIFICATIONS:- • Bachelor's degree or comparable education required; CRCM, a plus • Minimum of 3-5 years of relevant fair lending experience • Minimum of 5-7 years of relevant underwriting or underwriting quality control experience across multiple consumer lines of business, e.g., mortgage, auto, credit card • Extensive knowledge of fair lending and UDAAP-related statutes and regulations • In-depth practical knowledge of internal controls, risk assessments, compliance processes, and applicable techniques for the implementation of regulatory and legal requirements • Strong leadership skills, including the ability to work in a team environment • Proven track record of integrity, strong ethics, and sound decision-making skills, including the ability to make decisions independently and quickly • Ability to effectively communicate to lines of business and senior management, both in writing and verbally • Strong attention to detail coupled with strong problem-solving and analytical skills • Proven ability to think proactively and drive results • Strong project management skills and/or continuous improvement mindset Apply tot his job