Fair and Responsible Banking Specialist Details

TowneBank - Suffolk, VA

Employment Type : Full-Time

Essential Responsibilities:

  • Promote a culture of fair & responsible banking within the bank
  • Work with lines of business to identify and obtain relevant information necessary to assist in measuring and/or evaluating UDAAP risk across loans, deposit or any other relevant financial service and escalate potential UDAAP risks to your supervisor
  • Validate accuracy of information collected and work with appropriate business lines to resolve noted differences or deficiencies
  • Build strong partnerships across the organization and provide subject matter expertise and support guidance on fair banking related matters
  • Collaboratively work with FRB analysts to provide appropriate data files for in-depth data analysis when applicable
  • Maintain a current knowledge of applicable consumer protection laws and regulations, business operations and internal Compliance policy and procedures
  • Maintain the schedule and coordinate the activity for the FRB models to ensure compliance with Model Risk Management requirements
  • Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)



Minimum Required Skills and Competencies:

  • Familiarity with loan origination & processing, core banking and document imaging systems
  • Excellent written, verbal and interpersonal communication skills, computer proficiency (Excel, Word) and an eye for detail
  • Ability to work well under pressure and in an ever-changing regulatory environment
  • Ability to meet scheduled deadlines while managing competing priorities
  • Discretion and a demonstrated ability to work with highly sensitive and confidential information
  • High School Diploma or equivalent



Desired Skills and Competencies:

  • Compliance risk related experience
  • Bank and/or mortgage lending experience
  • Power BI experience



Physically you can anticipate to:

  • Express or exchange ideas by means of the spoken word via email and verbally.
  • Exert up to/carry 25 pounds of force occasionally, use your arms and legs, and sit most of the time.
  • Vision, hearing, speech, and manual dexterity sufficient to reach/handle items and work with fingers is required.
  • Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing
    documentation.
  • Not be substantially exposed to adverse environmental conditions.

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)

Posted on : 2 years ago