What are the responsibilities and job description for the Compliance Operations Analyst II position at Gateway First Bank?
Jenks, OK - Searching for a Compliance Operations Analysts with a compliance, audit or quality control background within the financial industry. This person will have advanced Excel skills, financial/mortgage knowledge and be a true team player. HMDA and Fair Lending expertise is a must along with TILA, RESPA and ECOA. We look forward to meeting you!
Along with an excellent working environment GFB offers world-class benefits such as:
- 0 copay on brand name and generic meds
- Company contribution to HSA
- $600 wellness credit on premium per year
- LegalShield & IDShield
- Tuition Reimbursement
- Nationwide Pet Insurance
Compliance Operations Analyst II JOB SUMMARY:
The Compliance Operations Analyst II supports the compliance management team by assisting in the collection, maintenance, and analysis of operational data related to Banking and Mortgage activities. This role contributes to the review of account-level data to help identify potential compliance risks associated with regulations such as TILA, RESPA, and ECOA. Assists in compiling and validating HMDA and Fair Lending data to support regulatory submissions and internal reporting. Collaborates with business units and supports the Director of Compliance Operations and Compliance Management Team in initiatives, projects, and research.
Compliance Operations Analyst II ESSENTIAL FUNCTIONS (RESPONSIBILITIES):
* Assist in the maintenance, analysis, and updates of Gateway's HMDA LAR on a periodic basis, ensuring compliance to Regulation C requirements for data accuracy. Works with designated business line partners to correct inaccurate data and document root cause issues that create data accuracy issues.
* Supports the Compliance Operations team in ongoing review of regulatory compliance and providing guidance to the business units regarding TILA, RESPA, SAFE Act, ECOA, Fair Lending, HMDA, as well as other consumer compliance provisions.
* Conducts compliance monitoring for the bank's lending portfolio including regulatory compliance for the separate divisions, consumer complaints, and online activities.
* Assists with examination and audit management processes for the enterprise, including tracking of compliance findings and remediation efforts.
* Participates in project teams to ensure regulatory requirements are considered in the development of new products, services, and processes.
* Supports the Compliance Management team with researching and analyzing federal and state regulatory requirements for various areas of the business, which may include assistance with examination and evaluations of promotions, advertising and solicitations.
* Assists in the preparation of regulatory examinations and audit management processes. Supports Manager in responses to inquiries by federal and state regulators and government agencies regarding Fair Lending, and HMDA-related audit findings.
* Exercises awareness regarding possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department. Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules.
* Performs related responsibilities as required or assigned.