Senior Compliance Officer

General Description

We are seeking a dedicated Senior Compliance Officer to support our Fair Lending Reviews Program, which is charged with performing ongoing transaction reviews to identify and mitigate risks related to Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) and Fair Lending across our financial products and services. This role is essential in ensuring that our organization remains compliant with federal and state regulations, including, but not limited to, ECOA, FHA, HMDA, and UDAP/UDAAP standards. The ideal candidate will have a strong foundation in compliance, lending practices, and data analysis.

Essential Duties and Responsibilities

• Conduct Fair Lending and UDAAP reviews and assist in risk assessments and compliance audits.
• Analyze lending data for potential disparities in treatment or outcomes to detect discriminatory or abusive patterns.
• Draft comprehensive reports in English, summarizing findings and recommending corrective actions.
• Support the development and implementation of Fair Lending and UDAAP policies and procedures.
• Collaborate with internal teams to implement program enhancements and monitor remediation efforts.
• Monitor regulatory developments and industry trends, updating internal practices accordingly.
• Prepare documentation and reports for internal stakeholders and regulators.
• Participate in training and awareness initiatives related to fair lending compliance, promoting a culture of compliance and ethical lending.

Education

Bachelor’s degree in business, Finance or related field.
JD or CRCM certification, preferred

Experience

Minimum of 5 years of experience in a regulatory compliance, audit, or risk management field, preferably in financial services.
Familiarity with Fair Lending laws and regulations, including ECOA, FHA, HMDA and CRA.
Experience with HMDA data analysis and compliance tools (e.g., CRA Wiz, Fair Lending Wiz).

Other Qualifications

• Strong understanding of banking regulatory requirements.
• Excellent research and analysis skills with high attention to detail.
• Strong oral and written communication skills in English and Spanish.
• Effective organizational skills with the ability to prioritize projects and meet changing deadlines.
• Results-oriented with sound decision-making ability.
• Customer service mindset with the ability to communicate across all levels of the organization.
• Proficient in evaluating process changes and recommending additional controls.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proficient in Microsoft Office (MS Excel, PowerPoint, SharePoint, Word, etc

Values

1. Passion for People
2. Own Every Moment
3. Succeed Together
4. Build the Future

Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

Our hybrid work model benefit applies to certain positions and is subject to changes based on the organizational needs.

Applicants must be authorized to work for any employer in the United States. This position is not open to applicants who need visa sponsorship or transfer of visa sponsorship at this time.

ABOUT US

Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.

As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

Are you ready for a rewarding career?

Popular is an Equal Opportunity Employer, including Disability/Vets
Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com.
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