Fair Lending / CRA Programs & Transformation Manager

Regions Bank•Atlanta, GA

1d•$135,304 - $183,910•Hybrid

About The Position

The Consumer Fair Lending Function Manager is responsible for overseeing and enhancing the organization's Fair Lending Program, integrate our Community Reinvestment Act (CRA) strategies, and our overall Continuous Improvement strategies. This role works with senior leaders throughout the Consumer Bank to develop and monitor effective data-driven strategies to continuously improve how Regions Bank executes on its community lending commitments. In partnership with key Consumer Leaders, Compliance, CRA and other stakeholders this individual will own the overall Consumer Fair Lending Program.

Requirements

Bachelor's degree
Ten (10) years experience in compliance, quality assurance/control, audit or other related compliance function specific to a line of business
Ability to work independently
Deadline driven
Knowledge of legal and regulatory environment as it relates to compliance in a particular line of business
Organizational skills
Proficiency in Microsoft Office Suite
Strong Communication skills
Time management skills
Applicants for this position must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

Masters degree
Certified Regulatory Compliance Manager Certification (CRCM)
Excellent analytical, communication, and project management skills
Team-oriented, able to bring together multiple disciplines to achieve common goals
Data sourcing, reporting, and analysis; familiarity with statistical analysis tools
Knowledge of U.S. fair lending laws and regulations and HMDA
Ability to interpret complex data and regulatory requirements

Responsibilities

Monitor market-level home lending application and origination results versus HMDA peer performance for both Majority-Minority Census Tract (MMCT) and Low-Moderate Income (LMI) segments
Work with local Mortgage and Retail executives, leaders, and partners, to develop and monitor targeted action plans and lending strategies where performance indicates opportunities for improvement remain
Lead the development and execution of the Consumer Fair Lending oversight program including risk management, continuous improvement objectives, internal performance reporting and governance routines
Utilize data and analytics to provide market leaders with insights and recommended strategies to improve community lending performance in their markets
Review and respond to fair lending risk assessments and statistical analyses
Provide guidance and proactive education of Fair Lending and CRA to the Mortgage and Retail segments
Owns the Consumer Fair Lending Program document and ensure adherence to requirements with stakeholders throughout the organization; maintain documentation and reporting for fair lending activities
Manage internal and external audits and regulatory examinations
Stay current on regulatory changes and industry best practices
Ensures adherence to federal and state fair lending laws such as the Equal Credit Opportunity Act (ECOA) and the Fair Housing Act (FHA)