New York, NY, 10176, USA
17 days ago
Senior Compliance Officer II. - CRA
Date: Dec 6, 2024 Location: New York, NY, US, 10004 Company: Popular Workplace Type: Hybrid Senior Compliance Officer II. - CRA US CRA We are looking for a senior CRA Compliance Officer/CRA Program Manager to join our Compliance Team in New York, NY. This person will develop and actively manage the Bank’s CRA strategy and be responsible for its successful implementation. The Senior CRA Officer-CRA Program Manager shall also be the key point of contact for internal and external stakeholders on CRA issues, managing activities across various lines of business, branches, and operating departments. In this position, you will: + Serve as the Bank’s Senior CRA Officer-CRA Program Manager and monitor the Bank’s CRA performance in accordance with the Bank’s CRA strategy and goals. + Develop, lead and manage a comprehensive and enterprise wide CRA Program by engaging stakeholders in the Bank and within the community. + Chair the Bank’s CRA committee or equivalent group. + Monitor state and federal laws and regulations affecting CRA and fair lending compliance. Keep senior management abreast of all changes. Manage, implement and monitor regulatory changes relative to HMDA and CRA, including NYSDFS 76.16, CRA modernization and 1071. + Serve as Popular’s corporate HMDA SME. + Develop CRA training and conduct training for applicable management and Bank personnel. Develop and maintain a library of CRA resources. + Complete annual CRA self-assessment. Develop, maintain, monitor and provide support in achieving annual CRA goals. + Oversees the coordination and reporting of all CRA-related loans, investments and services on an enterprise-wide basis in compliance with the Community Reinvestment Act. + Serve as a resource to business units, internal team members and management providing a range of support, guidance, and analysis on regulatory compliance requirements, issues, and/or best practices relative to CRA and fair lending. + Support Popular’s UDAAP & Fair Lending Team as it relates to Popular Bank’s CRA/fair lending reviews. + Manage the federal and state CRA examinations and/or related regulatory examinations, audits or reviews. + Advise and support management and the business lines in the design and development of processes and controls to manage CRA related compliance risk, including the establishment and execution of action plans to address CRA related deficiencies, findings and/or recommendations of examiners, internal audits, and self-identified issues. + Provide support to management in the execution of the compliance training program, including drafting training materials and conducting training as needed. + Support the Bank’s CRA Program, including the monitoring of the Bank’s CRA performance in accordance with the Bank’s CRA strategy. + Mentor CRA staff and/or manage/mentor junior staff as needed. + Develop and manage a CRA focused community program for Popular Bank and its community partners. + Establish, monitor and maintain relationships with community based charitable and non-profit organizations, representing Popular Bank and its commitment to the communities that it serves, including but not limited to board service as needed. + Work with lending, credit and senior business managers and community organizations to identify opportunities and service the needs of low-moderate income households. + Support the development of lending, investment, and service/volunteer programs that will help meet the needs of low- moderate income households and fulfill the Bank’s regulatory obligations under the Community Reinvestment Act. + Perform other duties as assigned. To be considered, you will need: + Bachelor’s degree required. CRCM designation or JD is preferred, with superior knowledge of compliance laws and regulations including CRA, HMDA, fair lending, UDAAP and other applicable consumer compliance regulations. + 5-7 years of experience with CRA Wiz, including use for submission, reporting and mapping functionalities, and analytics. + Requires broad management and leadership experience. + Minimum 12-15 years performing relevant regulatory compliance functions in the banking industry, including 10 or more years of experience in a CRA Subject Matter Expert role, with at least five or more years in a leadership role. + Prior experience working with regulatory agencies, including FRB, OCC, FDIC or CFPB. + Strong written and verbal communication, research, and presentation skills including a demonstrated ability to clearly provide written reports that identify and quantify risk as well as present sound solutions considering Popular’s operations and culture. + Strong organizational, time management and project management skills, including prioritization and attention to detail and working with deadlines. + Travel may be required. Salary Range Information Our base salary for this position located in New York City generally ranges between $160,000.00 and $175,000.00​ annually, depending on business need and on your qualifications and experience. Base salary does not include incentive compensation, commission, or any other type of remuneration or benefits. Base salary may vary if position is based in other geographic locations. Important:The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary. ABOUT US Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America. As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds. We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events. If you have a disability or need more information about requesting an accommodation, please contact us atasesorialaboral@popular.com.This email inbox is monitored for such types of requestsonly. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response. Are you ready for a rewarding career? Popular is an Equal Opportunity Employer Learn more about us at www.popular.com and keep updated with our latest job postings atwww.jobs.popular.com. Connect with us! LinkedIn (http://www.linkedin.com/company/banco-popular-de-puerto-rico) | Facebook (http://www.facebook.com/popular/) | Twitter (http://twitter.com/popular?lang=es) | Instagram (http://www.instagram.com/popular.pr?igshid=ykmhge270ti5communitybank/) If you are a California resident, pleaseclick hereto learn more about your privacy rights.
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