What are the responsibilities and job description for the Fair & Responsible Banking Officer position at Sunflower Bank NA?
Description
Overland Park, KS – Must be local to Overland Park, KS
MUST HAVE: Knowledge of Compliance laws, rules, regulations, risks and typologies, including working knowledge of the US fair lending and fairness laws
MUST HAVE: Prior experience with working at a large bank or similar organization, preferably in a Compliance. Legal or similar function.
MUST HAVE: Ability to master laws, rules and regulations and apply them to business scenarios
MUST HAVE: Strong written and verbal communication and interpersonal skills
Salary: Pay is dependent on knowledge, skills, abilities, experience, and location.
Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Fair & Responsible Banking Officer in our Overland Park, KS location.
Summary
The Fair & Responsible Banking Officer will be responsible for managing the Fair Banking Program to ensure the organization is operating in compliance with fair lending, anti-predatory and unfair, deceptive and abusive laws and regulations.
Primary Responsibilities
- Development and maintenance of the Bank’s Fair Banking programs.
- Development and maintain formal process documentation including job aids and other procedural documents related to the Fair Banking program
- Prepares periodic reports concerning ongoing compliance with Fair Banking regulations.
- Perform Fair Banking reviews, analyses, and testing, with subsequent comparative file reviews, including but not limited to underwriting, redlining, steering, and pricing, as applicable.
- Reviews procedures in the business line to ensure compliance with applicable Fair Banking laws and regulations.
- Collaborate with Community Affairs in establishing annual CRA and Fair Banking goals and monitor and reports upon the bank’s performance in achieving said goals.
- Provides constructive feedback and coaching as well as prepare and submit performance reports.
- Leads or assists in ongoing Fair Banking risk assessments based on lines of business and by CRA and Fair Banking regulations; identify acceptable level of compliance risk and corresponding controls; identify and provide solutions to address gaps in controls, mitigate Fair Banking risks, and enhance Fair Banking training.
- Champions a corporate culture in which all personnel view Fair Banking & CRA compliance as aligned with the Company’s purpose and values and is regarded as a key objective in business decisions and process development/implementation.
- Acts as subject matter expert and provide consulting or advisory services to business or internal partners on an as needed basis.
- Collaborate with business partners on requests for internal audits, internal projects, regulatory examinations related to CRA, Fair Lending and UDAAP.
- Contribute to the CRA & Fair Banking performance context.
- Assist with training and education on Fair Banking and CRA topics as necessary.
- Stays abreast of changes to the Fair Lending, CRA, and UDAAP laws, rules, and related regulations.
- Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
- Responsible for upholding Fair and Responsible Banking practices and Code of Ethics and Conduct guidelines.
- Understand and participate in the Bank’s Community Reinvestment Act program.
- Perform other duties as assigned.
Education / Experience
- Bachelors Degree or equivalent experience required in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof with knowledge of the fair lending laws and regulations; strong working knowledge of function/business/product supported and the related operations and financial requirements
- Advanced (MS, MBA, JD, etc.) Degree preferred
- CRCM or other relevant certification preferred
- Knowledge of Compliance laws, rules, regulations, risks and typologies, including working knowledge of the US fair lending and fairness laws
- Prior experience with working at a large bank or similar organization, preferably in a Compliance. Legal or similar function.
- Must be a self-starter, flexible, innovative and adaptive
- Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
- Strong written and verbal communication and interpersonal skills
- Ability to both work collaboratively and independently; ability to navigate a complex organization
- Ability to master laws, rules and regulations and apply them to business scenarios
- Advanced analytical skills
- Ability to both work independently and collaborate with team members
- Excellent project management and organizational skills and capability to handle multiple projects at one time
- Proficient in MS Office applications (Excel, Word, PowerPoint)
- Demonstrated knowledge in area of focus as noted above.
Sunflower Bank Benefits Employees enjoy outstanding benefits, including:
- 401(k) Plan with 6% Match
- Health/Dental/Vision Insurance
- Company-paid Life Insurance
- Tuition Reimbursement
- Fitness Reimbursement
- Paid Time Off
- Volunteer Leave
- Paid Holidays
- Plus many more employee perks & incentives!
People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives and we know that starts with our team.
If you qualify, apply online at www.sunflowerbank.com/careers.
You’ve never worked anyplace like Sunflower Bank!
EOE/AA: Minorities/Females/Disabled/Vets
Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.
If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy.
Overland Park, KS – Must be local to Overland Park, KS
MUST HAVE: Knowledge of Compliance laws, rules, regulations, risks and typologies, including working knowledge of the US fair lending and fairness laws
MUST HAVE: Prior experience with working at a large bank or similar organization, preferably in a Compliance. Legal or similar function.
MUST HAVE: Ability to master laws, rules and regulations and apply them to business scenarios
MUST HAVE: Strong written and verbal communication and interpersonal skills
Salary: Pay is dependent on knowledge, skills, abilities, experience, and location.
