Job Details: FAIR LENDING UNDERWRITER
WHAT IS THE OPPORTUNITY?
This role will perform analysis utilizing underwriting sills to assess Fair Lending risk.
Communicates findings and rationale to business units.
Provides ongoing support for the Home Mortgage Disclosure Act compliance program.
Compliance Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National’s Compliance Risk Management team.
The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
WHAT WILL YOU 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 the Fair Lending Risk Assessment
Provides guidance to the Bank’s First Line of Defense 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
WHAT DO YOU NEED TO SUCCEED
Must-Have*
Minimum 4 years experience as an Underwriter in a financial services or mortgage banking environment required.
Minimum 5 years experience working with lending regulations (i.e.
HMDA, Reg Z, Reg B, ECOA, Fair Lending)
Minimum 4 years PC experience including Microsoft Word, Excel, Outlook as well as some form of industry standard mortgage software.
Prior experience working in a Regulatory Compliance role
Skills and Knowledge
College degree 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.
*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.
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
We start with a basic premise: Business is personal.
Since day one we’ve always gone further than the competition to help our clients, colleagues and community flourish.
City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today.
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
In order to be hired and work at City National Bank, you must be fully vaccinated against COVID-19.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled