Scott Andersen, Msa
About Scott Andersen, Msa
Scott Andersen serves as the VP Senior Commercial Compliance Officer at City National Bank, where he conducts complex fair lending compliance reviews and responds to consumer complaints. He has extensive experience in compliance and risk analysis, having previously worked at American Honda Finance Corporation and KPMG US, and he also teaches accounting as an adjunct professor at El Camino College and Rio Hondo College.
Work at City National Bank
Scott Andersen serves as the VP Senior Commercial Compliance Officer at City National Bank, a position he has held since 2018. In this role, he performs complex fair lending compliance reviews to ensure adherence to regulations such as the Equal Credit Opportunity Act (ECOA), Regulation B, and the Truth in Lending Act (TILA), Regulation Z. He develops macros to assist with data manipulation for compliance risk analysis and collaborates with the Lending Compliance Manager to maintain audit tracking logs and other necessary reports. Additionally, he conducts consumer and residential product marketing reviews to ensure compliance with lending regulations and responds to consumer complaints from the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC).
Previous Experience at American Honda Finance Corporation
Before joining City National Bank, Scott Andersen worked at American Honda Finance Corporation as a Fair Lending/Compliance/Credit Risk Analyst from 2015 to 2018. During his three years in this role, he focused on ensuring compliance with fair lending regulations and assessing credit risk. His experience in this position contributed to his expertise in compliance and risk management within the financial services industry.
Career at Verizon
Scott Andersen's career includes a seven-year tenure at Verizon, where he worked from 1999 to 2006 in Lakewood, California. His role at Verizon provided him with foundational experience in the corporate environment, contributing to his professional development prior to his later roles in finance and compliance.
Education and Expertise
Scott Andersen holds a Master of Science (MS) in Accounting from California State University, Fullerton, where he studied from 2010 to 2013. He also earned a Bachelor of Arts (BA) degree from the University of California, Irvine, achieving a GPA of 3.93 from 2006 to 2008. His educational background in accounting and finance underpins his expertise in compliance and risk management, particularly in the banking sector.
Teaching Roles at El Camino College and Rio Hondo College
In addition to his compliance role at City National Bank, Scott Andersen has been serving as an Online Adjunct Professor of Accounting at El Camino College since 2018 and at Rio Hondo College since 2017. His teaching roles allow him to share his knowledge and experience in accounting with students, further contributing to the field of education.