VP, Fair Lending & CRA Officer

About the Role

At TBK Bank, a subsidiary of Triumph, we're a team of passionate, driven, collaborative, solutions-minded people who want to make a difference in the lives of our customers and communities. Our mission is to do well and to do good at the same time by working together. The VP, Fair Lending and CRA Officer will maintain and continuously improve a robust fair lending and CRA program, partnering with management to establish effective strategies that meet the needs of the Bank's communities.

Responsibilities

• Research, analyze, and interpret all applicable federal and state regulations related to fair lending and CRA; keep abreast of emerging issues and communicate changes or controls needed for regulatory compliance.
• Coordinate with the Credit Compliance Officer on related policies, procedures, and practices; perform routine data integrity reviews and enhance existing fair lending and CRA policies and processes.
• Partner and collaborate with cross-functional leadership to align on fair lending and CRA strategies and support execution of agreed-upon strategies.
• Evaluate new products for potential impact on fair lending and CRA strategies; provide pro-forma reporting for new product roll-outs.
• Actively pursue community development lending, investments, and service opportunities within the Bank’s footprint; cultivate relationships with community-based, charitable, and non-profit organizations.
• Prepare, audit, and submit applicable CRA data to FFIEC by March 1 of each year; maintain the Bank’s CRA Public File by April 1 of each year.
• Oversee fair lending risk assessments and monitoring systems in conjunction with the enterprise Compliance team and Credit Compliance Officer.
• Monitor and evaluate lending practices to prevent discriminatory practices, including redlining; analyze banking data to identify potential disparities or concerns.
• Prepare periodic fair lending and CRA reports for management and the CRA Committee to evaluate the Bank’s program and inform strategic decisions.
• Present to the Executive Loan Committee periodically and the CRA Committee semi-annually.
• Conduct periodic CRA Self-Assessments to identify potential risk areas through peer analysis and redlining review, ensuring alignment with Board and CRA Committee goals.
• Serve as the liaison for handling fair lending or CRA complaints and assist in issuing responses.
• Develop and update the CRA Performance Context for the triennial CRA Performance Evaluation by the FDIC.
• Participate in regulatory examinations and audits; respond timely and accurately to regulatory inquiries and examination findings; develop remediation plans for compliance issues.
• Keep staff and Board updated on regulatory changes and compliance requirements; develop and deploy periodic training as appropriate.
• Provide guidance on fair lending and CRA issues to business units.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree is required.
• Certified Regulatory Compliance Manager (CRCM) is preferred.
• 5+ years’ experience in banking compliance, fair banking, or a related field.
• Strong knowledge of the Community Reinvestment Act and regulatory requirements.
• Extensive knowledge of bank regulations, operations, lending, and accounting principles.

Skills

• Advanced written, oral, and interpersonal skills with the ability to prepare and present technical presentations and educate Bank staff.
• Demonstrated ability to actively and effectively interact with regulators, the Board of Directors, and management.
• Ability to prioritize heavy workloads and meet time-sensitive deadlines.
• Strong collaboration and cooperation skills.
• Intermediate skills using Microsoft Office Suite.
• Experience and good judgment to plan and accomplish goals with creativity and autonomy.
• Ability to manage competing priorities under tight deadlines.

Work Environment

• Moderate noise (e.g., business office with computers, phones, and printers, light traffic).
• Ability to work in a confined area and sit at a computer terminal for extended periods.
• Occasional stooping or kneeling may be necessary.
• Regularly required to stand, sit, talk, hear, and use hands and fingers to operate a computer keyboard and telephone.
• Specific vision abilities required for computer work.
• Light to moderate lifting is required.
• Regular, predictable attendance is required.

Benefits

• Medical, Dental, and Vision coverage.
• Paid Time Off.
• 401k retirement plan.