Job Information
U.S. Bank Director of HMDA and Minority Lending Analysis in Portland, Oregon
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
The Fair and Responsible Banking Director of HMDA and Minority Lending Analysis within the Fair and Responsible Banking Division (FRBD) reporting directly to the Fair and Responsible Banking Officer, is responsible for risk management and compliance oversight of the anti-discrimination provisions of applicable fair lending laws and regulations (primarily Equal Credit Opportunity Act, Regulation B, Fair Housing Act), data accuracy and reporting requirements of the Home Mortgage Disclosure Act (HMDA, Regulation C), implementation of the 1071 Rule (Small Business data collection) and prohibitions related to unfair, deceptive or abusive acts or practices (UDAAP) in support of the enterprise-wide Fair and Responsible Banking Program and HMDA Policy. This position will lead a team responsible for HMDA and 1071 data integrity reviews and oversight, HMDA risk assessment, minority lending analysis, HMDA lending analysis and trending, branch location risk reviews and analysis, and subject matter expertise/advisory.
Successful candidates will have an advanced understanding of laws and regulations listed above, technical expertise related to data analysis and techniques, as well as a solid grasp of compliance management system components. This position is responsible for decisions and determinations regarding risk/issue identification and escalation, control design adequacy, risk mitigation and corrective action recommendations; as well as ensuring high quality work product and maintaining corresponding procedures. This position will collaborate across many lines of business, interact with senior management, and present before various committees and working groups. The position is also accountable for an effective partnership between business lines and FRBD, as well as among other second and third line of defense groups.
ESSENTIAL FUNCTIONS
Lead, direct, and support a high-performing fair and responsible banking risk management team.
Lead minority lending analysis, HMDA lending trending, and branch location analysis/review activities.
Execute the strategy for risk management and oversight of HMDA and 1071 compliance to meet regulatory and internal policy requirements.
Provide feedback, review, and approval of completed reviews and testing conducted by the team.
Identify root cause and risk mitigation actions arising from issues or concerns arising from monitoring, trends, or individual reviews.
Oversee and contribute to the successful and timely completion of assigned risk reviews under the responsibility of this team.
Effectively summarize and report out on risks and initiatives, both verbally and in writing, including management and risk committee presentations.
Establish individual goals and objectives for self and direct reports in alignment with organizational vision and goals.
Participate in or lead potentially highly complex compliance projects and initiatives, including self-directed continuous process improvement.
Direct preparation and responses for internal audits, external exams, and public inquiries of the bank’s lending patterns related to areas of responsibility.
Escalate significant control and compliance issues, consulting business lines in the development of appropriate action plans for effective resolutions.
Maintain a strong working knowledge of applicable regulatory compliance laws, regulations, and regulatory guidance.
Accountable for the active identification, response and/or escalation of risks as appropriate.
Influences policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense.
BASIC QUALIFICATIONS
Bachelor's degree, or equivalent work experience
12 or more years of experience in an applicable risk management environment
Applicable certifications
PREFERRED SKILLS/EXPERIENCE
Expert knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned function
Expert knowledge of the business line's operations, products/services, systems, and associated risks/controls
Advanced knowledge of Risk/Compliance/Audit competencies
Strong leadership and management skills of processes, projects and people
Excellent written and verbal communication skills
Strong analytical, problem-solving and negotiation skills
Excellent ability to interpret and communicate applicable regulatory guidance and related regulatory examination standards for fair and responsible banking laws and regulations such as ECOA/Regulation B, HMDA/Regulation C, and prohibitions against UDAAP
Experience in developing and implementing data integrity review and compliance reporting programs within a risk management and compliance framework
Proven leadership skills with experience in managing, mentoring, and providing ongoing feedback to staff regarding performance, as well as completing annual performance evaluations and career development planning
Ability to manage job scope and complexity of assigned business at the departmental and/or division level
Proficient computer skills, especially Microsoft Office applications
Ability to build effective cross-functional relationships throughout the organization with respect, transparency, and accountability to achieve consensus on regulatory risk issues and appropriate mitigation
Ability to initiate, manage, prioritize, and complete projects and strategic initiatives efficiently with a high attention to detail and accuracy
Ability to think innovatively to simplify processes and leverage technologies to enhance work efficiencies
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) EEO poster.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $140,930.00 - $165,800.00 - $182,380.00
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.