Compliance Privacy & Fair Banking Manager

Landmark Credit Union

$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Risk Management, Business, Finance, or a related field
  • Minimum of seven years of compliance experience in a financial institution
  • Proven expertise in fair lending compliance planning
  • Advanced understanding of financial operations and compliance management
  • Experience collaborating with regulators and government agencies
  • Exceptional verbal and written communication skills
  • Strong capability to build relationships and influence stakeholders without direct authority

Responsibilities

  • Monitor and ensure compliance program alignment with regulations and policies
  • Provide expert guidance on fair lending and related compliance areas
  • Conduct comprehensive risk assessments related to banking practices
  • Oversee the collection and submission of HMDA data for compliance
  • Implement and manage the Fair Lending Program effectively
  • Develop and enforce the organization’s privacy policies and procedures
  • Collaborate with Information Security to safeguard member information
  • Respond to regulatory inquiries and conduct necessary compliance documentation audits

Benefits

  • Comprehensive health and wellness programs
  • Retirement savings plans
  • Opportunities for professional development
  • Flexible work arrangements
  • Support for continuing education and certifications
Full Job Description
NATURE AND SCOPE: Reports to Director, Compliance. Manages Privacy and the Fair and Responsible Banking programs to ensure compliance with regulatory requirements and to minimize risk for the organization. Builds strong relationships with business partners and provides compliance guidance and oversight in fair lending, unfair, deceptive, or abusive acts and practices (UDAAP), and Privacy. Responsible for fair lending testing and HMDA compliance assurance program. REQUIREMENTS: 1. Bachelor's degree in Risk Management, Business, Finance, or related field and a minimum of seven years of compliance experience in a financial institution. Equivalent combination of education and experience will be considered. 2. Demonstrated advanced knowledge of current regulatory requirements and proven research skills. 3. Demonstrated success in developing and implementing fair lending compliance plans. 4. Demonstrated advanced knowledge of financial operations, policies, and procedures, including but not limited to Compliance management, internal audits, and action plan design and follow up. 5. Experience working with regulators and other governmental agencies. 6. Excellent verbal and written communication skills, and the proven ability to work across various departments and levels in an organization. 7. Ability to use independent judgment and discretion while maintaining a high degree of confidentiality. 8. Ability to engage stakeholders, collaborate, and build trusting relationships; ability to influence without direct authority. 9. Must develop a thorough understanding of company policies and procedures as they relate to the position. Must understand and comply with all job-related state and federal laws and regulations. PRINCIPAL ACCOUNTABILITIES: 1. Monitor existing compliance programs to ensure alignment with external regulations and internal policies. Develop and implement new compliance programs as determined. 2. Provide subject matter expertise on fair lending, responsible banking, UDAAP, and Privacy regulations and translate them into actionable guidance appropriate to business unit operations. 3. Conduct risk assessments for fair lending, responsible banking, UDAAP, and Privacy. 4. Lead day-to-day functions of collection, review, analysis, correction, and submission of Home Mortgage Disclosure Act (HMDA) data and liaises with applicable business units to ensure compliance. 5. Implement and manage Landmark's Fair Lending Program, including ongoing risk assessment and implementation of mitigation measures, as necessary. 6. Implement and maintain Landmark's privacy policy and procedures. 7. Partner with Information Security to establish mechanisms that protect member information as required by law. 8. Participate in review of complaints related to Privacy, fair lending, and UDAAP. 9. Prepare thorough and accurate responses to inquiries from regulatory agencies and complete all required compliance documentation. Coordinate and communicate directly with auditors and regulatory agency examiners during examinations. 10. Maintain current and extensive knowledge of the laws and regulatory guidelines with which the credit union is required to comply. 11. Direct the work of business area stakeholders, and third parties completing fair lending analysis. 12. Execute compliance strategic goals for the organization and adhere to approved budgets. 13. Performs other duties as assigned.

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