Fair Banking Manager Jobs

The Fair Banking Manager will play a prominent role in developing, implementing and managing the Fair Banking Program to achieve successful compliance with the regulatory requirements of the Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), Unfair Deceptive Acts or Practices (UDAP), Unfair Deceptive or Abusive Acts or Practices (UDAAP), Home Mortgage Disclosure Act (HMDA) and other various related laws. Responsible for coordinating and/or conducting risk assessments and developing monitoring activities; and summarizing results that succinctly identify the individual and aggregate risks identified as part of business responsibilities. Evaluates and designs monitoring programs to ensure the adequacy of business line preventive and detective controls in mitigating fair banking risks. Advises Board of Directors, Senior Management and staff of emerging fair banking/lending and UDAP/UDAAP issues and provides recommendations to ensure appropriate level of compliance within the desired risk appetite. Requires the ability to work independently, manage several projects simultaneously with an attention to detail in order to deliver exceptional results. Serve as a subject matter expert on Fair Banking/Lending and UDAP/UDAAP related matters.

RESPONSIBILITIES

• Establishes enterprise-wide policies and procedures related to fair banking
• Participate in necessary education and training events to attain/maintain essential work-related knowledge and information
• Promotes strong fair banking/lending and fairness compliance culture throughout the Bank
• Plans, organizes/executes and oversees staff assignments regarding the Bank’s day to day operational activities as it relates to Fair Banking/Lending
• Advises Board of Directors, Senior Management and staff of emerging fair banking issues and provides recommendations to ensure appropriate level of compliance within the desired risk appetite
• Evaluates and designs monitoring programs to ensure adequacy of business line preventive and detective controls in mitigating fair banking risks. Summarizes results of reviews and prepares analytical reports that succinctly identify the risks identified
• Conducts or critically challenges business line monitoring results
• Serves as primary contact for fair banking regulatory examinations and audits
• Contributes to strategic planning over 3–5-year period
• Create and deliver fair banking training to Board of Directors, Senior Management and employees as applicable
• Responsible for leadership and supervisory duties including employee hiring, firing, job evaluation, coaching, training, scheduling, monitoring workflow, disciplinary action, handling grievances, etc.
• Serves as subject matter expert on Fair Banking related matters to senior management; provides guidance and makes recommendations
• Manages fair banking monitoring activities, and procedure and process gap analyses. Identifies process improvement recommendations and strategic solutions to enhance review procedures

QUALIFICATIONS

• Experience with CFPB and FRB large bank examinations.
• Demonstrated leadership, management, and project management skills.
• Excellent knowledge of fair banking/lending laws and regulations related to consumer and commercial banking
• Proficiency with Microsoft Office – (Outlook, Word, Excel, and Power Point).
• Ability to effectively communicate, verbally and in writing, with senior management and regulators.
• 7+ years of experience working on fair banking issues in the financial services industry, preferably including consumer and commercial banking
• Experience monitoring and testing adequacy of preventative and detective controls to mitigate fair banking risks.
• Strong analytical and problem-solving skills.
• Ability to build collaborative relationships with internal business partners to improve operational efficiency with regulatory reporting requirements.

A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $131,221.20 to $196,831.80. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)