Bank Compliance Officer

Compliance Officer – Fair Lending | Twin Cities Metro Area

Are you a compliance leader ready to make an impact? Our client, a prominent regional commercial bank in the Twin Cities market, is seeking a Compliance Officer to oversee their Fair Lending program. This is a unique opportunity to join a dynamic financial institution committed to equitable lending practices and community development.

As a Compliance Officer, you’ll lead the Fair Lending team, ensuring the bank adheres to regulatory compliance requirements while advancing its community reinvestment and consumer lending initiatives.

• Manage and mentor Fair Lending Analysts, driving professional growth and a collaborative team culture.
• Oversee community reinvestment activities by partnering with executive management to develop strategies that address community banking needs and regulatory compliance.
• Monitor regulatory trends, ensuring timely updates to policies and procedures.
• Develop and implement programs to enhance community lending performance while meeting compliance standards (e.g., ECOA, HMDA, CRA).
• Serve as the point of contact for CRA examinations and ensure corrective actions from audits are implemented effectively.
• Provide actionable insights to executive stakeholders to support fair lending strategic initiatives.

• 5+ years of experience in financial regulatory compliance, preferably in a financial institution or agency; or a Juris Doctor with 3+ years of relevant experience.
• 2+ years of team management experience with proven leadership and mentorship skills.
• Strong knowledge of community lending compliance laws such as CRA, ECOA, HMDA, FHA, and UDAAP.
• Exceptional communication, organizational, and analytical skills. Advanced proficiency in Excel is a plus.
• Ability to maintain confidentiality while managing complex compliance issues.

Why Join?

This role offers the chance to impact fair banking practices, engage with community initiatives, and work alongside a collaborative team dedicated to driving regulatory excellence.

• Minimum of 5 years of experience in a compliance officer role or similar position
• Proven experience in compliance, particularly within the banking industry
• Demonstrated knowledge of Community Reinvestment Act and strategy programs
• Extensive understanding of banking compliance and regulations
• Prior experience in consumer lending environments would be an advantage
• Strong management skills, with the ability to lead and motivate a team
• Excellent analytical skills, with a keen eye for detail and the ability to interpret complex data
• Familiarity with banking regulations and the ability to ensure all operations adhere to these standards
• Ability to proactively identify potential compliance issues and develop appropriate solutions
• High level of integrity and detail-oriented ethics
• Strong communication skills, with the ability to effectively liaise with all levels of the organization
• Bachelor's degree in Law, Finance, Business Administration, or a related field.