Senior Manager Fair & Responsible Banking

Alliant Credit Union•Chicago, IL

5d•$119,400 - $204,600•Hybrid

About The Position

Develop and maintain an effective fair and responsible banking program. Relevant laws and regulations include but are not limited to, the Equal Credit Opportunity Act/Regulation B, Home Mortgage Disclosure Act (HMDA), Servicemember Civil Relief Act (SCRA), Military Lending Act (MLA), and the Americans with Disabilities Act (ADA). Develop and maintain programs such as the Illinois Community Reinvestment Act (CRA) program and HMDA program. Execute regular risk assessments and monitoring, serve as an advisor to the business on fair and responsible banking and CRA risk, and participate in regulatory exams.

Requirements

Minimum - 4 Year Bachelors Degree in Business, Finance or Related
Minimum - 8 Years of Compliance, consumer protection or related
Minimum - 2 Years or People Management
10 Years of Compliance, consumer protection including people management (In Lieu of Education)

Nice To Haves

Preferred - Graduate Degree in Business, Finance or Related
Preferred: CRCM or CUCE Certification

Responsibilities

Develop and execute a strategic plan to enhance the credit union's fair and responsible banking program which includes fair lending, SCRA, ADA, MLA, HMDA, and other laws and regulations within the sphere of fair and responsible banking principles.
Conduct risk assessments and monitoring, in partnership with legal counsel, to determine the residual risk for applicable fair and responsible banking laws and regulations.
Ensure the compliance training plan includes general awareness and role-based training.
Coordinate and communicate with federal regulatory agency examiners during examinations and other reporting requirements.
Perform fair lending sampling to detect potential violations or risks associated with lending practices.
Advise business partners on aspects of fair and responsible banking risk and mitigation strategies, issues management, complaints, and other CMS elements.
Work with business risk to track and implement any corrective action or control enhancements recommended as a result of statistical analyses, comparative file reviews, or reviews.
Prepare status reports and presentations for related committees, the executive team and the board of directors.
Lead the development of the CRA program and CRA examinations. Oversee CRA program including reporting and strategy and prepare board and senior management reporting on CRA program health.
Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities. Responsible for hire, fire, performance, discipline and problem-resolution decisions.