Compliance, Fair Lending Consumer Compliance, Vice President

Location(s) US-TX-Richardson | US-DE-Wilmington | US-UT-Draper
Job ID
Schedule Type
Full Time
Vice President
Business Unit
Consumer Compliance
Employment Type



Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.




The candidate will operate as key member of the Fair Lending Consumer Compliance Team, with a primary focus on ensuring that compliance risks with respect to fair lending are adequately identified, assessed, monitored, and controlled across related product lines, including providing support for the Bank’s personal loan, small business, and credit card portfolios.   The candidate will provide ongoing support in continued implementation and expansion of the Bank’s Fair Lending Program, which will include:


  • Supporting the completion of fair lending monitoring and testing, including through development of dashboards, completion of fair lending file reviews, review of fair lending analysis results, and preparation of reports / memoranda documenting completed reviews
  • Completing fair lending risk assessments, including review of inherent risks and complementing controls with respect to fair lending risk factors across impacted business lines
  • Providing guidance to businesses on new initiatives, credit strategies, and model usage with respect to fair lending compliance
  • Representing the Fair Lending Team in various business and control function meetings / approval flows
  • Development and maintenance of compliance-owned policies and procedures with respect to fair lending
  • Analyzing regulatory changes and formulating solutions to new regulatory developments
  • Preparation of recurring and ad-hoc reporting for management and other stakeholders covering fair lending testing results, escalations, and regulatory development
  • Coordinating and supporting the preparation of materials and information to regulatory agencies, examiners, and internal auditors to navigate fair lending-related inquiries and assist with action plans created as a result of examinations, audits, or internal testing




The candidate will be expected to have a strong knowledge of federal and state consumer financial protection laws and regulations, particularly related to fair lending. Additionally, the candidate should meet the following criteria:

  • Subject matter expertise with fair lending-related laws and regulations (ECOA, Fair Housing Act, Community Reinvestment Act), including in applying fair lending regulatory requirements to the development and operation of consumer and / or small business financing businesses.
  • Excellent written and verbal communication skills, with the ability to summarize observations and present in a clear, concise manner to peers and senior management, including translation of technical concepts and results to stakeholders without analytical backgrounds, providing support for opinions with respect to regulatory compliance
  • Ability to quickly grasp complex concepts, including with respect to understanding principles of statistical analysis, fair lending monitoring and testing methodologies, and model development
  • Proven expertise in delivering high quality work products, reflecting attention to detail and analytical prowess, in a fast pace and agile work environment
  • Strong project management and organizational skills, ability to contribute effectively both independently and as part of larger team
  • Minimum 5 years of experience in compliance or risk management in the financial services industry, or other relevant experience
  • Experience in compliance or legal-related role at bank or financial institution, law firm, or regulatory agency a plus.


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