Fair Lending (Remote)

ABOUT THE ORGANIZATION

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $208,000.00 and $240,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.
To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties:

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

JOB SUMMARY:

The Director, Fair Lending is responsible for the execution of SMBC MANUBANK’s Fair Lending program to ensure the Bank complies with all fair lending laws, rules and regulations.  Key responsibilities include conducting the annual Fair Lending Risk Assessment, advising business partners on fair lending risks as well as assisting them with identifying and remediating fair lending risks, and conducting periodic monitoring activities such as fair lending regression analyses. 

PRINCIPAL DUITES AND RESPONSIBILITIES:

• Act as subject matter expert in fair lending laws and regulations, and advise the lines of business, operational areas and Compliance colleagues on Fair Lending issues, including business initiatives and regulatory changes.
• Provide strong leadership skills in spearheading discussions with senior management, engaging stakeholders, clearly articulating issue and identifying collaborative solutions to mitigate risk.
• Lead matters regarding statistical analysis, regression and model risk management.
• Conduct detailed and rigorous assessments regarding business and operational processes and procedures; analyzes results and makes recommendations on the adequacy and reliability of controls.
• Conduct annual fair lending risk assessment
• Complete periodic fair lending reviews (underwriting, pricing, marketing, redlining, steering, etc.) to evaluate the bank’s level of compliance with fair lending laws, regulations, and guidance
• Research regulations, staying apprised of fair lending regulatory developments and conduct impact analysis for respective lines of business and preparation of Board and management reporting on applicable program components and metrics.
• Assist in the coordination of audit and exam materials.
   

POSITION SPECIFICATIONS:

Education:    Bachelor’s Degree or equivalent experience in banking and compliance functions.  CRCM certification preferred.

Experience:    

• 10+ years of experience with regulatory compliance in a banking environment. 
• Experience with fair lending laws and regulations, including but not limited to Equal Credit Opportunity Act and Fair Housing Act.
• Experience with completing statistical analyses and testing to address fair lending concerns, including the use of statistical analyses to prepare action plans.
• Experience in managing models

Skills/Qualifications:  

• Excellent analytical and research skills 
• High level of professionalism
• Ability to communicate with all levels of management
• Excellent oral and written communication skills 
• Proven ability to apply related laws to business practices and identify and assess compliance risk
• Good issue spotting, risk assessment and problem-solving skills
• Team player and self-starter
• Ability to work well with personnel and inspire confidence at all levels of the organization
• Adaptable and flexible workstyle with a proven ability to handle competing demands and priorities
• Able to successfully navigate changing environments and perform in a fast-paced setting
• Proficient in Microsoft Word, PowerPoint and Excel is required 

EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

CCPA DISCLOSURE
Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at <span style="font-family:"Aptos",sans-serif">https://www.smbcmanubank.com/privacy/ccpa-disclosure. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.