Financial Institution Intern
Cedar Rapids, Iowa, United States
• Reviewed the initial disclosures, periodic statements, advertisements, and other information financial institutions provide to consumers• Assessed financial institutions’ overall compliance with applicable regulations, such as the Truth in Lending Act, Home Mortgage Disclosure Act, Fair Credit Reporting Act, and the Equal Credit Opportunity Act• Reviewed the Home Mortgage Disclosure Act loan application register for accuracy and assessing the bank’s overall reporting procedures• Examined residential, consumer, commercial, and agricultural loan files to determine compliance with applicable lending-related regulations• Participated in the discussion of the examination process for evaluating the bank’s Compliance Management System, which included senior management oversight, policies, monitoring, training, and audit procedures• Reviewed the financial institution’s performance under the Community Reinvestment Act, participated in discussions regarding assigned ratings, and prepared a summary of each performance factor describing why the rating was assigned• Prepared drafts of schedules, exhibits, and comments for inclusion in the report of examination