Senior Fair Lending & Compliance Officer (Hybrid)

Grand Bank for Savings; Marshallton (DE); Hybrid; USD 125,000 - 160,000; Full time

Benefits offered by this job

Comprehensive benefits

Hybrid work schedule

Job summary

Grand Bank for Savings seeks an experienced Fair & Responsible Banking Officer to own and advance the bank's compliance program from Wilmington, Delaware. You will partner with leadership to shape UDAAP and fair lending strategies as the bank grows nationally.

The role offers a hybrid schedule with home days on Mondays and Fridays, a strong benefits package, and significant visibility with the Chief Compliance Officer to drive regulatory excellence.

Qualifications

• 7+ years of progressive experience in fair banking compliance and fair lending.
• At least 3 years in a leadership or officer-level role.
• Experience supporting digital banking platforms and regulatory programs is a plus.

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.

Job description

Grand Bank for Savings seeks an experienced Fair & Responsible Banking Officer to own and advance the bank's compliance program from Wilmington, Delaware. You will partner with leadership to shape UDAAP and fair lending strategies as the bank grows nationally.

The role offers a hybrid schedule with home days on Mondays and Fridays, a strong benefits package, and significant visibility with the Chief Compliance Officer to drive regulatory excellence.