FAIR BANKING COMPLIANCE OFFICER

WHAT IS THE OPPORTUNITY?

The position of VP, Sr. Fair Banking Compliance Officer is responsible to assess Unfair, Deceptive and Abusive Acts and Practices and Fair Lending risk for products and services of the Bank and its affiliates. The position also analyzes processes for FL/UDAAP risk that touch the client and their accounts. Once identified, the Sr. Compliance Officer must than work with the area to correct the identified risks. Accordingly, the Sr. Compliance Officer must possess a good knowledge of compliance laws and regulations as they apply to a federal financial institution as well as a good understanding of banking operations as it pertains to client accounts.

Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.

WHAT WILL YOU DO?

• 
  Works to ensure that products and services provided by the Bank and its affiliates do not create a potential for FL/UDAAP or regulatory violations.
• Works to ensure that bank and affiliate operations processes do not create a potential for FL/UDAAP or regulatory violations.
• Performs diagnostic and analytic reviews for all areas in the Bank and its affiliates that may create potential FL/UDAAP and regulatory risk.
• Develops and uses sound diagnostic and analytical processes that will identify risk.
• Works with all levels of the company, including presentations to the Board that provides the assessment of risk and corrective action plan, if needed.
• Partner with the business units to create workflows and internal control documentation to assist in implementation and understanding of processes as they relate to their specific area of responsibility. Consults with the business units Compliance Officers or other management as to any deficiencies, and monitors to ensure that required changes are made.
• Works with Corporate Compliance colleagues to include reviews performed by the Sr. Compliance Officer are incorporated into applicable risk assessments.
• Enhance the Bank’s UDAAP (Fair and Responsible Banking) Program
• Partners with business/operations units to remediate FL/UDAAP risk identified in internal and external examinations.
• Identifies and addresses training needs by partnering with business areas and Compliance Training Manager.
• Integrates activities with other departments to accomplish common goals.
• Maintains up-to-date knowledge of Bank policies, procedures and industry best practices.
• Partner with various divisions as a FL/UDAAP risk consultant in the review, development and implementation, including marketing and documentation of all existing, new or changed products, services, systems and forms relating to the lending environment.
• Applies both technical and general business knowledge to resolve the issues in assigned function.
  

WHAT DO YOU NEED TO SUCCEED

Must-Have*

• Bachelor's Degree
• Minimum 5 years of experience in Compliance or Operations analysis roles that work closely with the Compliance area
• Minimum 3 years of experience with writing policies and procedures and implementing changes to programs. developing and implementing changes to processes
  

Skills and Knowledge

• Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry preferred.
• Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
• Highly developed analytical and diagnostic skills that allow the colleague assess all areas of the company whether the colleague does or does not have specific expertise in that area.
• Ability to work with no supervision while performing duties.
• Proven ability to effectively train and instruct others in a formal classroom or one-on-one environment.
• The incumbent must be able to perform this position safely, without endangering the health or safety to himself or herself or others.

Compensation

Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

• 
  To be considered for this position you must meet at least these basic qualifications

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.