Build and maintain in-depth knowledge of compliance and/or advisory related regulations included but not limited to the following: Equal Credit Opportunity Act; The Fair Housing Act; Home Mortgage Disclosure Act, and Fair Lending
Assist the Director of Fair and Responsible Banking in researching, evaluating and ensuring HMDA and Fair Lending compliance by conducting routine monitoring/ analysis and annual risk assessment
Produce written Fair Lendig risk assessments
Assist with testing, reporting and completion of accurate HMDA data
Complete data integrity reviews of HMDA data on a frequent basis
Stay informed on HMDA and Fair Lending regulatory changes and assist with research, maintaining of HMDA procedures, training, material preparation, and policy modifications
Consult with departments to develop appropriate HMDA and Fair Lending risk assessment procedures
Provide support of regulatory examinations regarding HMDA, Fair Lending and other applicable regulations as needed
Advise the lines of business on the interpretation of compliance regulations and risk
Identify ways to improve effectiveness of HMDA and Fair Lending and other applicable programs
Assist with data integrity reviews for HMDA, Fair Lending Risk Assesments and other applicable consumer regulations as needed
Prepare documents which provide support for the reviews performed, conclusions reached and issues identified
Assist in training bank staff on compliance regulations as needed
Develop and maintain rapport with the line of businesses and management in order to effectively obtain and communicate compliance information
Collaborate in capturing, maintaining and reviewing in-depth analysis of Fair Lending by interpreting trends, regulatory requirements and possible risks
Perform all other tasks requested as they relate to the Bank and its functions
Strong analytical, quantitative and communication skills
Excellent organizational/administrative skills
Knowledge of Loan Origination Systems
Ability to build collaborative relationships with internal business partners to improve operational efficiency with regulatory reporting requirements
Multi-task and work independently
Manage multiple projects and meet deadlines
Perform duties under frequent time pressures
Solve problems independently while applying logic and discretion
Minimum of 5 years banking or other financial services experience or Associate's degree (concentration in Math, Economics, Finance or Accounting).
Knowledge and understanding of mortgage and consumer lending operations is preferred.
Requires knowledge of Microsoft office; proficient with Excel and Access.
EOE of Minorities/Females/Vets/Disability
Internal Number: FAIRR01841
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.