Compliance Officer

Job Title: Compliance Officer
Location: Hybrid/Remote (with in Washington) - Bellevue/Spokane
Reports To: CEO/Board of Directors

Job Summary:

The Compliance Officer is responsible for leading the bank's lending compliance program with a primary focus on federal "alphabet regulations" impacting consumer and commercial lending activities. This position ensures the bank maintains compliance with applicable consumer protection laws, supports a strong compliance culture, and is exam-ready for FDIC oversight.

Key Responsibilities:

• Manage and maintain the bank's compliance management system (CMS) specific to lending operations.

• Interpret, implement, and monitor compliance with key federal regulations including:

  • Regulation B - Equal Credit Opportunity Act

  • Regulation C - Home Mortgage Disclosure Act (if applicable)

  • Regulation Z - Truth in Lending Act

  • Regulation X - RESPA (if applicable)

  • Regulation O - Insider Lending

  • Regulation AA - Unfair or Deceptive Practices

  • UDAAP - Unfair, Deceptive, or Abusive Acts or Practices

• Monitor loan-related disclosures, forms, and marketing content to ensure compliance with applicable regulations.

• Conduct regular risk assessments, monitoring, and testing of loan origination, underwriting, servicing, and documentation practices.

• Stay current on regulatory changes and provide timely guidance and training to lending and operational teams.

• Serve as a compliance advisor during loan product development or changes to underwriting criteria or procedures.

• Prepare for and support FDIC consumer compliance exams and internal/external audits.

• Report key compliance findings and trends to executive management and the Board.

• Deliver targeted training for lending, credit, and operations staff on relevant regulations.

• Maintain documentation of monitoring results, training attendance, and corrective actions.

Qualifications:

• Bachelor's degree in business, finance, legal studies, or a related field.

• Minimum 5 years of experience in banking compliance, with a focus on lending compliance.

• Strong working knowledge of alphabet regulations and FDIC compliance expectations.

• CRCM or similar compliance certification preferred (or willingness to obtain within 12 months).

• Excellent analytical and communication skills.

• Proven ability to work independently and collaboratively across departments.

• Familiarity with compliance monitoring tools or loan origination systems is a plus.

Preferred Experience:

• Experience working in a community bank environment.

• Direct involvement in FDIC compliance exams or audits focused on lending activities.

• Knowledge of fair lending analysis and complaint trend monitoring.