Fair Lending Compliance Advisor

The

Fair

Lending Compliance A

dvisor

is responsible for

developing,

implementing,

and

maintaining

WPCU’s

Fair Lending

Compliance

P

rogram

’s

daily activities

in partnership with the

Director

, Lending Compliance.

Leads

periodic review

s

and enhancement

s

to

all required

fair

lending-related compliance policies

and procedures

.

Leads

review

s

of

the effectiveness of credit union controls intended to mitigate

all

fair

lending compliance risk

s

,

including

but not limited to

credit decisioning

,

pricing practices

, and UDAAP

.

Provides regular reporting to

the

Director

, Lending Compliance,

on potential challenges, opportunities for enhancement of the Program, and business unit controls and procedures.

Engages

directly with

business unit leadership to understand their needs and to collaborate on implementation and maintenance of fair lending controls, policies, and procedures. Provides ongoing development and monitoring of reports designed to proactively

identify

potential types of discriminatory practices, including overt discrimination, disparate impact, and/or disparate treatment.

Performs fair lending testing, and partners with business units to implement necessary program changes and enhancements.

Develops and enhances ongoing fair lending training for WPCU. D

evelo

ps

,

implements,

and

maintains

WPCU’s Fair Lending Compliance Program,

which is

designed to incorporate

fair lending testing and monitoring efforts

to promote compliance with ECOA, FHA,

HMDA,

UDAAP,

and other applicable fair lending-related guidance

.

Provides insight and

recommendations for key risk indicators (KRI

s

) for proactive measurement of fair lending risk.

Conducts fair lending testing and monitoring to

identify

fair lending risks in business processes.

Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed. Reports gaps in policies, procedures, and operating controls to leadership to ensure member impact and risk is mitigated.

(

30

%) Engages with business units regularly to assess adequacy of fair lending controls and first-line monitoring efforts. Collaborates with business units and leadership to provide consistent and

accurate

guidance

and

assistance

for continuous improvement of the business units’ fair lending monitoring and controls. Provides continuous support to business units with all matters relating to fair lending

, including

root cause analysis and implementation of any necessary corrective action

s

.

(25%)

Assists

with ongoing support and education to business units

regarding

emerging fair lending risks

and

regulatory guidance

and/or changes

impacting

WPCU

,

proactive self-identification of

fair lending

compliance risks and ongoing self-identification of

fair lending

compliance gaps or weaknesses in business unit processes. (

15

%)

Provides oversight and periodic updates to WPCU’s fair lending-related training. (10%)

Provide

s

fair lending

and other reports to management, as needed. (

1

0

%)

Assists with monitoring WPCU’s

Fair

Lending Compliance-related customer complaints

in order to

monitor for

resolution and track for fair lending or other Compliance-related risks.

(5%)

Assists

with

regulatory complianc

e audits and/or examinations

,

and

risk assessments

as needed

.

This includes but is not limited

to,

gathering necessary documents, organizing materials for providing to examiners,

reviewing materials for appropriateness,

and tracking the lending compliance area’s progress on providing materials.

(5

%)

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