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Wolters Kluwer Senior Specialized Consultant - CRA and Fair & Responsible Banking in Salt Lake City, Utah

Permanent Remote position. Candidate can be located anywhere in the U.S.

Wolters Kluwer FCC division is looking for a Specialized Regulatory Consultant to work within our CRA and Fair Lending Advisory Services Group.

The Advisory Services Group offers consulting services to banks and financial institutions of all sizes to provide the expertise necessary to compete and thrive in today’s challenging regulatory environment. Our consultants combine innovative thinking with our unrivaled first-hand industry knowledge to offer our clients a wide array of consulting services in the financial services industry.

As a Specialized Consultant, you will be responsible for providing consulting, advisory, analytical analysis, product implementation support and training services to assist clients in their efforts to meet responsibilities under consumer compliance laws and regulations, including consumer protection and Fair Lending laws, CRA, HMDA and UDAAP. In this position, you will also use and assist clients with the utilization of Wolters Kluwer Financial Services (WKFS) applications (CRA Wiz, CRA Wiz SaaS, Small Biz Wiz, Fair Lending Wiz SaaS, and Fair Lending Wiz).

Essential Duties & Responsibilities:

  • Ability to work collaboratively with financial institutions to gain understanding of client need and identify solutions to analyze data, communicate findings, write reports, and work within Wolters Kluwer advisory and technology solutions to assess regulatory obligations related to the Community Reinvestment Act (CRA), Fair Lending laws and regulations, Dodd-Frank 1071, CRA Modernization, and the Home Mortgage Disclosure Act (HMDA).

  • Support Fair Lending consulting and advisory services such Fair Lending Risk Reviews, Redlining Risk Review and Comparative File Reviews on a wide variety of Loan Register types.

  • Support CRA consulting and advisory services such as CRA Performance Assessments, Performance Context, Mapping, and Data Integrity Reviews on a wide variety of Loan Register types.

  • Use of Wolters Kluwer software solutions including CRA Wiz SaaS, Small Biz Wiz, and Fair Lending Wiz SaaS.

  • Maintain knowledge of CRA regulatory guidance (including the New Rule 1071 and CRA Modernization) to support client needs.

  • Maintain knowledge of Fair Lending regulatory guidance.

  • Independently perform Quality Control on CRA and Fair Lending client deliverables.

  • Train end users on utilizing WKFS products or services to meet regulatory requirements, including CRA Wiz SaaS, Small Biz Wiz and Fair Lending Wiz SaaS.

  • Participate in and provide constructive feedback to leadership on current regulatory changes and trends.

  • Represent WKFS and participate in the Wolters Kluwer CRA and Fair Lending Colloquium.

  • Maintain strong interpersonal, team-oriented, and collaborative relationship skills.

Minimum Qualifications:

  • Bachelor’s degree in business, mathematics, finance, or related discipline

  • A minimum of 5 years of experience working in compliance/fair lending/CRA at a financial institution, bank regulatory agency, or as a consulting firm specializing in financial institution compliance

  • Demonstrated knowledge of consumer protection laws and regulations, including CRA, Fair Lending, HMDA, 1071, CRA Modernization and UDAAP

  • Experience in understanding the lending process, including but not limited to CRA requirements, underwriting and pricing of mortgage, consumer, indirect, and commercial loans

  • Experience with CRA and Fair Lending software (WK Wiz Software preferred but not required)

  • Understanding of statistics and experience with technical analysis associated with Fair Lending and CRA regulations.

  • Ability to pass a background check

Preferred Qualifications (includes minimum)

  • Experience delivering consulting services or conducting bank examinations.

  • Excellent ability to monitor, interpret and communicate regulatory changes.

  • Proficiency in Spanish

  • Certified Regulatory Compliance Manager (CRCM) or equivalent (Examiner Commission)

Additional Skills, Knowledge & Abilities:

  • Strong technical writing, presentation, training, facilitation, and interpersonal skills;

  • Strong analytical, reasoning, troubleshooting and team-based problem-solving skills;

  • Ability to work both collaboratively and autonomously on multiple projects;

  • Demonstrates a clear understanding of legal ethics and the ability to use good judgment, discretion, and confidentiality;

  • Ability to analyze information, create conclusions and communicate such information effectively in both written and oral formats;

  • Strong customer services skills and the ability to manage the client relationship, analyzing and communicating customer needs and requirements;

  • Strong independent time management and ability to prioritize and critical deadlines;

  • Availability for limited travel;

  • Ability to review current processes and data flow and recommend best practices for ongoing use of systems;

  • Ability to clearly document client operational and compliance processes;

  • Expert user of Microsoft Office tools including Excel, Word, and PowerPoint;

  • Ability to manipulate data using SQL and/or Oracle tools;

  • Ability to crystallize ideas and communicate them to others.

EQUAL EMPLOYMENT OPPORTUNITY Wolters Kluwer U. S. Corporation and all of its subsidiaries, divisions and customer/business units is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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