** W2 only. No C2C or 1099 **
Consumer Compliance and Procedure Writing for Reg B and Dodd Frank 1071
Our client is a top 15 U.S. commercial bank. Our client is working on Dodd Frank 1071, a Fair Lending regulatory compliance program. Our client has turned to SolomonEdwards looking for help with compliance procedure writing. The SolomonEdwards Consumer Compliance Consultant will help drive high level procedures that align with Reg B, the Equal Credit Opportunity Act, and Dodd Frank 1071.
Engagement Description:
SolomonEdwards Consumer Compliance Consultant will partner with the 1st LOD to write Compliance Procedures that align to the Bank’s Compliance Standard for Reg B and ensure the compliance procedures align and comply with the company standard. SolomonEdwards Commercial Compliance Consultant will also write and update job aids and quick reference guides for trainings.
This engagement will involve extensive collaboration with business partners across different business units to provide process and procedure writing and credible challenge on potential fair lending risks.
Engagement responsibilities include:
- Create consumer policies and procedures that align with Reg B and Dodd Frank 1071 Fair Lending Risk Management Program for our banking client that is appropriate for the size and complexity of the business.
- Communicate changes to pertinent laws and regulations and state laws as well as significant industry trends and partner with the Bank to implement or revise processes to address these changes.
- Partner with Bank stakeholders to implement or revise processes to address regulatory changes (such as the data collection and reporting requirements set forth Dodd-Frank Section 1071).
Qualifications:
- Bachelor's Degree required; advanced degree nice to have (J.D or M.A. or Statistics)
- At least eight (8) years’ experience identifying customer harm and evaluating risk, demonstrated Fair Lending leadership compliance experience in the financial services industry including experience with U.S. lending, compliance, banking, regulatory examination or audit required.
- We are looking for Consumer Compliance Analysts that have 5 + years of experience with consumer/commercial banking and small business lending. Experience with Reg B and Dodd Frank 1071 is required.
- Prior regulatory experience such as having worked at a regulatory agency or working directly with regulators by driving regulatory exam management specifically with a deep regulatory knowledge of all Fair Lending related regulations and requirements.
- Knowledge of all regulatory bodies that influence U.S. Fair Lending and general banking practices within the United States.
- Strong project management skills, ability to manage multiple projects and support multiple priorities simultaneously.
Logistics: 100% remote, 4-month contract position, $80-85 an hour DOE, Health insurance, sick leave, 401(k)
SolomonEdwardsGroup, LLC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, or protected veteran status.
SolomonEdwardsGroup, LLC adheres to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. For more information on your rights, click here: https://solomonedwards.com/privacy-policy/#ccpa
