Our client, a leading bank, is looking for an SVP to lead the Fair Lending, HMDA, Privacy, Reg W, Reg O, and Volcker programs.
15th September, 2021
Location: 100% Remote
Job Description & Synthesis
The SVP of Compliance Specialty Programs is tasked with leading a team of professionals overseeing the Fair Lending compliance program, HMDA compliance program, Privacy Program, Reg. W, Reg. O, and Volcker programs. This role is responsible for providing senior leadership and strategic planning to assure appropriate processes are in place to manage each of the regulatory areas.
Provide strategic planning to implement an appropriate fair lending program based upon the size and complexity of the organization, and the distinct customer segment
Provide strategic planning to implement an appropriate HMDA program based upon the size and complexity of the organization
Provide leadership to the Privacy program and oversee continued program development Manage Regulation W program implementation within the large foreign banking organization setting
Provide regulatory expertise for Regulation O and Volcker Rule activities Oversee the performance of the annual fair lending risk assessments and report results/recommendations
Oversee annual Privacy notice updates and associated processes
Oversee annual HMDA filing and periodic reviews
Report upon identified compliance risk issues
Communicate any corrective actions or risk mitigation measures for implementation and develop processes to track, report and validate corrective actions.
Ensure federal and state-specific criteria for disclosures are executed properly.
Review and document procedures to ensure secure maintenance and quality of records.
Maintain an understanding of the status and document changes to regulatory guidelines.
Coordinate and develop policies and procedures designed to ensure the highest level of ethical conduct.
Work collaboratively with all departments by providing compliance guidance and direction for continued best practices.
Maintain proficiency in software tools necessary to complete requisite analysis and collaborate with software vendors as needed.
Comply fully with all Bank Compliance policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
Supervise employees in the department. Performs other duties as assigned or requested. Completes all required training.
Bachelor's Degree Minimum 10 years experience working with Federal and State compliance regulatory matters. Minimum 7 years in a banking environment