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Overview

The Compliance Officer will primarily perform analyses and reviews to identify potential banking discrimination and unfair, deceptive, or abusive acts or practices (UDAAPs), and describe the findings, recommendations, and methodology to stakeholders (e.g., regulators, business units) in writing. This position will report to the Director, Fair and Responsible Banking Officer.

• This position can work remote from anywhere within the United States.

Responsibilities

• Quantitative Analyses (~40%-65%) – Performs analyses to detect potential discrimination such as redlining, steering, and disparities in loan underwriting, pricing, loss mitigation outcomes, and property maintenance expenditures using internal and public market and demographic data.
• Reporting (~10%-30%) – Describes analyses/reviews performed, findings, and recommendations in written reports and meetings with stakeholders.
• File Reviews (~0%-10%) – Investigates possible concerns by reviewing samples of loan files.
• Other Projects (~10%-35%) – Assists in such projects as performing risk assessments, responding to regulators and auditors, preparing and presenting key indicators.
• Regulatory Expertise (~5%-15%) – Maintains strong familiarity with regulatory requirements pertaining to fair lending and UDAAP, and advises the business units on related questions.

Qualifications

• Bachelor's Degree and 4 years of experience in Compliance, Legal, Audit, Banking or other related experience OR High School Diploma or GED and 8 years of experience in Compliance, Legal, Audit, Banking or other related experience
• Excellent verbal, written, and analytical skills, including at least four years of experience writing advanced Excel formulas, creating pivot tables, and simplifying technical matters for non-technical audiences in writing.
• Consistently strong work performance reviews in prior positions.
• Ability to understand statutes and regulations, and perform independent research when questions arise.

Preferred Qualifications

• Bachelor's and/or advanced degree in a quantitative field (e.g., Statistics, Mathematics) with a minimum overall GPA of 3.2, and completion of at least one course in regression modeling. Kindly include your college/graduate school grade point average(s) on your resume (if applicable).
• Experience creating linear and logistic regression models using statistical software (e.g., Minitab, SAS, Fair Lending Wiz), evaluating models, and correcting violations of model assumptions.

The base pay for this position is relative to your experience but the range is generally $88,000 to $140,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.