What are the responsibilities and job description for the Fair Lending Banking Specialist position at Contemporary Staffing Solutions?
Job Title: Fair Lending Banking Specialist
Job Overview:
We are seeking a dedicated Fair Lending Banking Specialist to join our team in Sewell, NJ. This permanent, direct-hire position requires 100% onsite work with no flexibility for remote or hybrid arrangements. The Fair Lending Banking Specialist will be responsible for building out the Fair Lending program with minimal guidance, ensuring compliance with Fair Lending regulations, conducting risk assessments, and providing training to employees and senior management. This role requires expertise in regulatory compliance, risk mitigation, and data analysis.
Compensation:
- Salary: $95,000 - $135,000
- Bonus opportunities
Work Schedule:
- Days: Monday – Friday
- Hours: 8:00 AM – 5:00 PM
Key Responsibilities of the Fair Lending Banking Specialist:
- Oversee and manage the Fair Lending Compliance Program.
- Identify and mitigate Fair Lending risks across the bank.
- Develop and implement risk reporting tools and conduct periodic Fair Lending reviews.
- Conduct annual Fair Lending risk assessments.
- Provide compliance training to employees, senior management, and the Board.
- Support audits and regulatory examinations.
- Maintain and update Fair Lending policies and procedures.
- Review loan policies, pricing, marketing strategies, and third-party vendor activities for compliance.
- Lead compliance efforts for new and changing regulations.
Qualifications and Skills for the Fair Lending Banking Specialist:
- Bachelor’s Degree required.
- 3 years of experience in consumer compliance within financial institutions.
- Must have recent, hands-on experience in Fair Lending compliance (not seeking candidates looking to transition into this area).
- Expertise in Fair Lending laws, risk assessments, and regulatory examinations.
- Strong data analysis, organizational, and communication skills.
- Proven ability to manage compliance programs and collaborate with management.
Why Join Us?
- Stability: A secure company with no layoffs and a history of consistent bonus payouts.
- Work Environment: Business casual atmosphere with professional leadership.
- Impactful Role: Shape and lead our Fair Lending program, making a direct impact.
- Competitive Compensation: Attractive salary ($95,000 - $135,000) and discretionary bonuses.
- Growth Opportunities: Ongoing training and development in compliance and risk management.
Join us to advance your career in a stable, growth-focused organization!
About Us:
Contemporary Staffing Solutions (CSS) is a trusted leader in providing contract, temporary, temp-to-hire, and direct hire staffing solutions. With decades of experience, we’ve grown from a staffing agency to a nationwide provider of workforce management solutions. Our niche recruitment expertise spans Accounting & Finance, Call Center & Office Support, Human Resources, Sales & Marketing, and Information Technology.
Explore more about CSS and how we connect great talent with exceptional opportunities by visiting www.ContemporaryStaffing.com.
Salary : $95,000 - $135,000
