Fair Lending Manager - Univest Financial Corporation

Univest Financial Corporation (UVSP), has approximately $8.2 billion in assets and $5.3 billion in assets under management and supervision (as of September 30, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2023, Univest donated $2.4 million to our local nonprofits and our employees volunteered more than 13,100 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity.  We seek career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs-based financial solutions in the communities we serve.

We're hiring a Fair Lending Manager to join our Risk Compliance Team.

Assist the CRA and Fair Lending Officer in managing the fair lending compliance efforts throughout the bank and ensure that the bank’s fair lending program is risk-based and appropriate for the size and complexity of the bank.

Complete periodic fair lending reviews, including ongoing comparative file reviews, marketing analysis, exceptions, and redlining reviews, ensure appropriate remediation occurs, and maintain adequate work papers to support findings

Schedule, manage, and perform fair lending risk assessments to assess performance, risk, internal controls, and adherence to regulatory requirements

Manage the fair lending data collection program which includes home mortgage and small business lending

Monitor the bank’s compliance with fair lending laws by utilizing analytical tools to analyze activities and identify risks

Provide research and guidance on fair lending and regulatory questions impacting the bank’s operations and performance

Collaborate on process modifications to accommodate potential technology integrations

Assist in coordinating audit and regulatory examinations, including advance preparation, follow-up on issues and observations, and develop written responses as needed

Develop and maintain written policies/procedures needed for the fair lending program

Review credit policies/procedures, loan operations and servicing processes, loan pricing, marketing strategies, new and modified lending products, business changes, and services performed by third-party vendors to proactively identify any fair lending issues

Keep current with regulatory changes, supervisory guidance, and industry concerns related to fair and responsible banking

Participate in special projects and assist with internal compliance training as needed

Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct

Perform other duties as assigned

Bachelor’s degree in a related field; or equivalent training/experience

3-5+ years’ regulatory compliance or audit experience in bank financial services, with a thorough working knowledge of consumer compliance regulations

Understanding and knowledge of bank consumer and commercial loan products; and the Fair Lending laws (Community Reinvestment Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Fair Housing Act, and the Home Mortgage Disclosure Act)

Strong time management, organizational, analytical, and problem-solving skills; attention to detail

Strong interpersonal, verbal, and written communication skills

Ability to work independently

Proficiency with PC applications, including MS Office

Wage Range:

The salary for this position ranges from $80,000 to $95,000

Benefits Overview:

Univest offer's a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO): 15 days annually (prorated your first year)
• Short Term Disability: 10 days annually of sick time with a doctors note (prorated your first year)
• Holiday Time Off: 11 paid holidays
• Commissions: paid quarterly based on individual and team production
• We offer company paid life insurance: as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
• Discounts: on loan products
• Professional development trainings

Click here for Benefit Information

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An Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.