Fair Lending Compliance Lead | Hybrid & Growth Role

The Richmond Group USA; Wilmington (DE); Hybrid; USD 113,000 - 138,000; Full time

Benefits offered by this job

Excellent compensation

Comprehensive benefits

401(k) and profit sharing

PTO and PTO match for communityservice

Hybrid schedule - work from home two/3

Job summary

Grand Bank for Savings, FSB in Wilmington, DE seeks an experienced Fair & Responsible Banking Officer to own the program and drive growth with the Chief Compliance Officer. Compensation starts at $125,000/year with comprehensive benefits and a hybrid schedule.

The role requires 7+ years in fair banking compliance and 3+ years in a leadership capacity, with oversight across digital banking, credit card, and third-party relationships. Join a fast-growing team shaping nationwide banking standards.

Qualifications

• 7+ years of progressive experience in fair banking compliance and fair lending
• at least 3 years in a leadership or officer-level role
• strong understanding of regulatory requirements and supervision

Responsibilities

• Develop, implement, and oversee the Bank’s Fair Lending and UDAAP compliance programs across all products and services.
• Provide second-line compliance oversight and identify, assess, and mitigate fair banking risks.
• Oversee fair banking compliance for digital banking, ACH/payments, overdraft programs, and automated decisioning processes.
• Provide Fair Lending and UDAAP oversight for the Bank’s national credit card program, including underwriting, pricing, fees, marketing, servicing, and collections.
• Monitor and test products, customer outcomes, and business practices to identify potential Fair Lending and UDAAP concerns.
• Review automated decisioning models and credit policies for potential fair lending risks.
• Analyze complaints, customer data, and portfolio performance to identify trends, systemic issues, and potential disparate impact.
• Review marketing materials, customer communications, and product changes for regulatory compliance.
• Oversee fair banking compliance for third-party relationships, including fintechs, payment processors, marketing firms, and digital platform providers.
• Advise business leaders on new products and initiatives and recommend corrective actions when compliance risks are identified.
• Develop and deliver fair banking compliance training to employees and business teams.
• Prepare compliance reports for senior leadership and Board committees and assist with regulatory examinations, audits, and remediation efforts.

Skills

Fair Lending

UDAAP

Compliance Leadership

Regulatory Knowledge

Job description

Grand Bank for Savings, FSB in Wilmington, DE seeks an experienced Fair & Responsible Banking Officer to own the program and drive growth with the Chief Compliance Officer. Compensation starts at $125,000/year with comprehensive benefits and a hybrid schedule.

The role requires 7+ years in fair banking compliance and 3+ years in a leadership capacity, with oversight across digital banking, credit card, and third-party relationships. Join a fast-growing team shaping nationwide banking standards.