Sumitomo Mitsui Banking Corporation – SMBC Group · 3 days ago
Fair Lending (Remote)
Los Angeles, CA
Full-time
Remote
Director/Executive
$208K/yr - $240K/yr
10+ years exp
Maximize your interview chancesAdviceBanking
Insider Connection @Sumitomo Mitsui Banking Corporation – SMBC Group
Get 3x more responses when you reach out via email instead of LinkedIn.
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.
Qualification
Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.
Required
Bachelor’s Degree or equivalent experience in banking and compliance functions.
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.
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.
Preferred
CRCM certification
Benefits
Annual discretionary incentive award
Competitive portfolio of benefits
Company
Sumitomo Mitsui Banking Corporation – SMBC Group
SMBC Group is a top-tier global financial group.
10001+ employees
H1B Sponsorship
Sumitomo Mitsui Banking Corporation – SMBC Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (57)
2022 (46)
2021 (41)
2020 (29)
Funding
Current Stage
Late StageLeadership Team
Chris Corrado
Managing Director & General Manager, SMBC Americas Chief Technology Officer; President JRI America
Rick Davison
Chief Financial Officer
Recent News
2022-12-15
Company data provided by crunchbase
