Fair Lending Analyst - City National Bank
Los Angeles, CA 90071
About the Job
FAIR LENDING ANALYST WHAT IS THE OPPORTUNITY? The Fair Lending Analyst provides fair lending program support
Primary areas of focus will be comparative file reviews and HMDA quality reviews
The Analyst should have strong analytical and writing skills to communicate findings to the line of business
The Analyst may also be asked to assist with reporting, risk assessments, regulatory exam or audit requests, complaints, CRA related reviews, or other ad-hoc projects
What you will do Perform complex fair lending compliance reviews and analyze the fair lending risk of various business units Perform periodic monitoring and prepares reports summarizing the Bank's lending activity Perform comparative file/matched pair analysis for Residential, Consumer, and Small Business lending portfolios Provide support for the Home Mortgage Disclosure Act (HMDA) compliance program by reviewing reportable transactions, compiling data, and running validity and quality edit reviews Assist with completion and maintenance of risk assessments Provides guidance in relation to HMDA data collection and Fair Lending related topics Assist with regulatory exams and audits Maintain proficiency in software tools necessary to complete requisite fair lending analysis and HMDA LAR submission Must-Have* Minimum 3 years of banking, financial services, legal, and/or regulatory work experience Minimum 2 years PC experience including Microsoft Word, Excel, Outlook as well as some form of industry standard mortgage software
Skills and Knowledge College degree preferred
Prior experience working in a Regulatory Compliance role Experience working with fair lending related regulations (i.e
HMDA, ECOA, FHA, CRA, UDAAP) Experience with HMDA file reviews is preferred
Experience with underwriting and pricing, which will be used in performing fair lending comparative file reviews is preferred
Experience with loan origination systems is preferred
Excellent organizational and analytical skills
Ability to communicate clearly and professionally with all levels of an organization
Excellent written and verbal communications skills
Effective interpersonal skills
Proficiency in multi-tasking and prioritizing projects
Excellent time management skills and be accustomed to working with deadlines
Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs
For Banking Compliance related roles, Certified Compliance Risk Manager (CRCM)
Prior experience as an Underwriter in a financial services or mortgage banking environment would be preferred
For Wealth Management Compliance roles, experience with a financial institution such as a broker/dealer and/or registered investment adviser
For Wealth Management Compliance roles, experience working within a Compliance Investment Management role
Compensation Starting base salary: $87,027 - $138,965 per year
Exact compensation may vary based on skills, experience, and location
This job is eligible for bonus and/or commissions
*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues
Get an inside look at our Benefits and Perks
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusion
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law
ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024
Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C
and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets
City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves
*City National Bank does business in Miami and the state of Florida as CN Bank
For more information about City National, visit cnb.com
#LI-JR1 #CR-JR
Primary areas of focus will be comparative file reviews and HMDA quality reviews
The Analyst should have strong analytical and writing skills to communicate findings to the line of business
The Analyst may also be asked to assist with reporting, risk assessments, regulatory exam or audit requests, complaints, CRA related reviews, or other ad-hoc projects
What you will do Perform complex fair lending compliance reviews and analyze the fair lending risk of various business units Perform periodic monitoring and prepares reports summarizing the Bank's lending activity Perform comparative file/matched pair analysis for Residential, Consumer, and Small Business lending portfolios Provide support for the Home Mortgage Disclosure Act (HMDA) compliance program by reviewing reportable transactions, compiling data, and running validity and quality edit reviews Assist with completion and maintenance of risk assessments Provides guidance in relation to HMDA data collection and Fair Lending related topics Assist with regulatory exams and audits Maintain proficiency in software tools necessary to complete requisite fair lending analysis and HMDA LAR submission Must-Have* Minimum 3 years of banking, financial services, legal, and/or regulatory work experience Minimum 2 years PC experience including Microsoft Word, Excel, Outlook as well as some form of industry standard mortgage software
Skills and Knowledge College degree preferred
Prior experience working in a Regulatory Compliance role Experience working with fair lending related regulations (i.e
HMDA, ECOA, FHA, CRA, UDAAP) Experience with HMDA file reviews is preferred
Experience with underwriting and pricing, which will be used in performing fair lending comparative file reviews is preferred
Experience with loan origination systems is preferred
Excellent organizational and analytical skills
Ability to communicate clearly and professionally with all levels of an organization
Excellent written and verbal communications skills
Effective interpersonal skills
Proficiency in multi-tasking and prioritizing projects
Excellent time management skills and be accustomed to working with deadlines
Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs
For Banking Compliance related roles, Certified Compliance Risk Manager (CRCM)
Prior experience as an Underwriter in a financial services or mortgage banking environment would be preferred
For Wealth Management Compliance roles, experience with a financial institution such as a broker/dealer and/or registered investment adviser
For Wealth Management Compliance roles, experience working within a Compliance Investment Management role
Compensation Starting base salary: $87,027 - $138,965 per year
Exact compensation may vary based on skills, experience, and location
This job is eligible for bonus and/or commissions
*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues
Get an inside look at our Benefits and Perks
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusion
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law
ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024
Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C
and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets
City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves
*City National Bank does business in Miami and the state of Florida as CN Bank
For more information about City National, visit cnb.com
#LI-JR1 #CR-JR
Source : City National Bank