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AVP, Compliance - Fair and Responsible Banking - 24349

at Wintrust Financial Corporation in Rosemont, Illinois, United States

Job Description

Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.

 

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years).

  • Competitive pay and discretionary or incentive bonus eligible.

  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few

  • Promote from within culture.

 

Why join this team?

  • Hybrid Work Schedule Split your time working remotely and at our Corporate Headquarters in Rosemont, IL.

  • We foster an inclusive environment for an individual to grow and work independently.

  • Opportunity to interact with management level, experienced professionals - higher visibility.

  • Wintrust has a great compliance culture that comes from the top.

  • Gain experience and further your career by joining a growing organization.

 

Position Summary

 

The AVP, Compliance Fair and Responsible Banking is responsible for assisting the VP, Fair and Responsible Banking with the implementation and ongoing administration of the Banks Fair and Responsible Banking program. This position is a key part of the Fair & Responsible Banking team, providing risk analysis and advice to other compliance officers and business line management regarding current and emerging UDAAP risks within the organization across all product types (deposit, lending, investment, etc.).

 

What Youll Do

  • Conduct monitoring and testing related Fair Banking risk. Based on results, draft clear and informative executive summaries and communicate effective guidance to management and entity compliance officers. Evaluate, propose and implement enhancements to monitoring/testing as risk emerge. Assist with resolution of issues arising out of testing/monitoring.

  • Serve as a subject matter expert (SME) in Fair Banking (fair lending/UDAAP) and provide risk guidance across the enterprise on proposed new, modified or expanded products and services.

  • Oversee resolution of identified issues related to Fair Banking risk, including advising on risk, making recommendations, evaluating documentation of remedial measures, and providing effective challenge to management.

  • Answer Fair Banking risk questions from within and outside of team, lead completion of risk assessments, serve as a subject matter expert for complaints with potential Fair Banking risk, prepare and conduct custom Fair Banking training as requested.

  • Assist within the team as a second review of Fair Banking monitoring and testing performed by others.

 

Qualifications

  • Bachelors degree

  • 5+ years of fair lending/UDAAP compliance experience

  • Strong...

    Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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Job Posting: 12001868

Posted On: Jun 25, 2024

Updated On: Jul 25, 2024

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