Director, Fair and Responsible Banking

Description

Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2.3 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank.

You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for :

The Director, Fair and Responsible Banking (FaRB) will develop, implement, and administer all aspects of the Bank's Fair and Responsible Banking Program.

Reporting to the Managing Director, Fair Lending and Responsible Banking, this position will help ensure that Cornerstone Capital Bank and its subsidiaries, across a national footprint of 46 states, are operating in compliance with applicable laws and regulations.

This position will be appointed and serve as the Fair Lending Officer.

The preference is for this position to be in Houston or Plano. Will consider remote for the right qualified candidate.

What you'll do :

• Support the development and implementation of the Bank's FaRB Program and strategies
• Manage FaRB Program for the Bank and several Controlled Business Arrangements
• Maintain Program policies and procedures; continually enhance Program, as deemed necessary
• Monitor and report on FaRB activities to oversee adherence to applicable laws and regulations
• Serve as subject matter expert on fair lending and responsible banking (including UDAP and UDAAP) laws, rules, regulations and regulatory agency policy statements and guidance (LRRs)
• Oversee compliance with applicable federal and state regulations
• Support interface with auditors and regulators and oversee internal audits and regulatory examinations related to fair lending and responsible banking
• Lead development and execution of fair lending risk assessments utilizing regression analysis and other tools available in RiskExec analysis system
• Lead Fair Lending Committee material preparation and actively participate in committee meeting
• Ensure the completion of the annual Fair Lending risk assessment
• Conduct periodic reviews and develop reporting
• Prepare FaRB assessments, plans, training, and reporting for executive management and the Board of Directors, as needed
• Advise Bank team members on relevant FaRB LRRsIdentify and advise on FaRB training needs across the organization and assist in curriculum development
• Champion FaRB initiatives across the enterprise
• Mentor and develop team members
• Other duties as assigned
• Participate in industry forums to stay abreast of industry best practices and trends

What you'll need to be successful :

Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications :

• Minimum of 8 years of experience of administering a fair lending and / or responsible banking program
• Bachelor's Degree preferred, or Associate's degree and a combination of experience
• The position will require 5+ years of experience leading and managing a team.
• Expert knowledge of risk management practices and regulatory expectations
• Expert knowledge of ECOA, FHA, HMDA, FCRA / FACTA, UDAAP, UDAP
• Expert on fair lending software analysis tools; RiskExec experience preferred
• Strong analytical skills and the ability to "story tell" with data to explain complex scenarios and fact situations
• Strong analytical reasoning, problem solving and critical thinking skills
• Strong computer and organizational skills
• Strong oral and written presentation skills
• Ability to train on fair lending and UDAAP requirements
• Ability to work independently
• Ability to multi-task and meet deadlines
• Strong proficiency with Microsoft Office

What we offer :

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next : If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company.

As many of our team members can tell you, there's something special about working at Cornerstone.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand;

walk; use hands to finger, handle or feel; and reach with hands and arms. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

The noise level in the work environment is usually quiet to moderate.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)