Career Opportunities with FirstBank

Tennessee’s premier community bank, dedicated to meeting our clients’ needs – big and small.

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FirstBank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Fair Lending Coordinator Reporting Specialist

Territory: Nashville, TN

Summary:

The Fair Lending Coordinator Reporting Specialist primarily assists the Compliance Director in identifying and mitigating risks associated with Fair Lending in addition to reporting on fair lending objectives. This position will be responsible for maintaining required documentation to support compliance with laws governing fair lending. The incumbent will be responsible for producing various daily, bi-weekly, monthly, and quarterly reports used by bank management in addition to coordinating various fair lending initiatives across the organization.

 

Essential Duties and Responsibilities include the following. Other duties may be assigned.

 

Reporting Duties:

 

  • Conduct legal research and act as a resource on      the interpretation of local, state, or federal laws and regulations      concerning fair and responsible lending.
  • Monitor pricing and underwriting outcomes and      report results quarterly
  • Maintain active knowledge of current and upcoming      legislation, regulations, legal opinions, legal developments, and trends      in the fair and responsible lending field and inform and update Compliance      and colleagues of the same.
  • Assist with projects that primarily call for      research, data analysis, writing, and/or mapping skills
  • Utilize fair lending and mapping platforms to      produce reports and maps
  • Produce written descriptions of data analysis      methodology, data display (e.g. maps, tables, charts), and conclusions and      recommendations.
  • Read, understand, analyze, and report on various      policies, practices, and decisions, often using a fair and responsible      lending outlook.
  • Assist in and respond to compliance HMDA, ECOA,      and other fair lending related inquiries. (complaints, concerns,      inquiries)
  • Assist in preparation of periodic loan activity      reporting and submissions, regulatory examinations or ad-hoc assignments      as required.
  • Assist in the update of fair and responsible      lending policies and procedures as needed.
  •  Reporting:
    • Monthly and quarterly report
    •  Annual and periodic Fair Lending reporting
    • Develop/enhance Fair Lending Risk Assessment covering all areas of business and loan products
    • Conduct peer comparison and mapping

 

Coordination and development of outreach/marketing duties:

  • Assign,      plan, and structure fair lending test investigations; prepare written      summaries of test results; compile statistical data from test results.
  • Coordinate      the recruitment, training, and assignment of outreach programs.
  • Collaborate and      coordinate with local organizations to partner with programs
  • Prepare written      reports summarizing testing of the program on a regular basis, as assigned
  • Monitor real      estate ads and publications
  • Help organize      other activities in support of fair lending goals (i.e. assist in securing      and delivering workshops on fair housing to community groups,      congregations, real estate professionals, and other
  • Assist with, and      participate in, other Open Communities programs and events as assigned.
  •  Bridge gaps/introduce lenders to applicants and the reverse – send applicants to lenders (these could be identified through workshops/outreach events)

Standards and Training:

  • Maintain required training in a      self-paced environment
  • Provides employees assistance with questions and issues that may arise
  •  Customer Service – Responsible for fostering the FirstBank Experience to our internal customers, FirstBank associates.
  •  Adhere to Policy and Procedures - Responsible for all compliance with bank policies, procedures, and operational integrity.
  •  No findings from internal audit
  •  Must meet all required training
  •  No compliance violations

 

 

Qualifications 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Supervisory Responsibilities

None.

 

Education and/or Experience

5+ years of experience in financial institution environment, specifically in lending. Emphasis in fair lending or relative subject a plus. Should have 3+ years’ experience in a leadership role.

  

Language Skills

Ability to read, analyze, and interpret periodicals, professional journals, technical procedures, or government regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and general public.

 

Mathematical Skills

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs. Understanding of finance and accounting principles.

 

Reasoning Ability

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

 

Computer Skills

To perform this job successfully, an individual should have knowledge of Database software; Spreadsheet software and Word Processing software.

 

Other Skills and Abilities

Ability to handle multiple tasks in a time sensitive environment.

 

All statements are intended to describe the general nature and levels of work assigned to the job and are not intended to be an exhaustive list of all responsibilities, duties and skills required for personnel classified within the category.

 

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