Texas Capital Bank
Director of Consumer & Commercial Banking Compliance
Texas Capital Bank, Richardson, TX
Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Brief Overview of Position
The Director of Consumer and Commercial Banking Compliance performs an invaluable function of advising and supporting the various Consumer Banking and Commercial Banking lines of businesses in complying with applicable federal and state banking laws including consumer protection laws, rules, and regulations. Additionally, the incumbent in this role also advises lines of businesses in the development and enhancement of new and existing products and services, respectively, to enable the businesses to be aligned with applicable laws, regulations, and rules and to prevent consumer, financial, and reputational harm to Texas Capital. The position is responsible to develop and execute monitoring activities, collaborate with the Risk Assurance Services function (responsible for independent second-line of-defense testing activities) to design appropriate testing coverage, participate in remedial action to address potential process weaknesses and help prevent their recurrence, and strengthen policies and procedures.
Competencies
Comprehensive knowledge of federal and state banking laws including laws of consumer protection, fair lending, CRA and related laws and regulations and the ability to apply those laws and regulations to bank products and services including laws and regulations related to consumer protection, fair lending, and Community Reinvestment (CRA).
Knowledge and experience in using analytical techniques to monitor and evaluate products and services to detect patterns of exceptions and to determine the root cause(s) of apparent exceptions of policies and procedures and applicable laws and regulations.
A comprehensive understanding of how banks operate, accounting principles, and experience in interacting with federal and state regulators.
Proficiency in communicating in writing.
Proficiency in communicating orally.
Leadership and managerial skills to lead and guide subordinate(s).
The competencies listed above are the essential functions, or fundamental competencies to perform the duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital may assign reasonably related additional duties to individual employees consistent with standard departmental policy.
Responsibilities
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.
Qualifications
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Brief Overview of Position
The Director of Consumer and Commercial Banking Compliance performs an invaluable function of advising and supporting the various Consumer Banking and Commercial Banking lines of businesses in complying with applicable federal and state banking laws including consumer protection laws, rules, and regulations. Additionally, the incumbent in this role also advises lines of businesses in the development and enhancement of new and existing products and services, respectively, to enable the businesses to be aligned with applicable laws, regulations, and rules and to prevent consumer, financial, and reputational harm to Texas Capital. The position is responsible to develop and execute monitoring activities, collaborate with the Risk Assurance Services function (responsible for independent second-line of-defense testing activities) to design appropriate testing coverage, participate in remedial action to address potential process weaknesses and help prevent their recurrence, and strengthen policies and procedures.
Competencies
Comprehensive knowledge of federal and state banking laws including laws of consumer protection, fair lending, CRA and related laws and regulations and the ability to apply those laws and regulations to bank products and services including laws and regulations related to consumer protection, fair lending, and Community Reinvestment (CRA).
Knowledge and experience in using analytical techniques to monitor and evaluate products and services to detect patterns of exceptions and to determine the root cause(s) of apparent exceptions of policies and procedures and applicable laws and regulations.
A comprehensive understanding of how banks operate, accounting principles, and experience in interacting with federal and state regulators.
Proficiency in communicating in writing.
Proficiency in communicating orally.
Leadership and managerial skills to lead and guide subordinate(s).
The competencies listed above are the essential functions, or fundamental competencies to perform the duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital may assign reasonably related additional duties to individual employees consistent with standard departmental policy.
Responsibilities
- Assist in the design, development, execution, and oversight of an effective Compliance Program. Assist in the identification, communication and operationalization of applicable federal and state commercial and consumer banking regulations. Foster an understanding of associated compliance risks as applicable; and influence the development of suitable risk mitigation strategies
- Act as a trusted advisor and primary subject matter expert for internal and external stakeholders
- Act as a key liaison during regulatory exams, internal audits, and 2LOD (independent risk management) testing
- Assist in the execution of and act as key advisor for the Bank's Regulatory Compliance Risk Assessments
- Identify compliance risk across the organization and drive and influence corresponding transformation of control environment
- Serve as lead regulatory change management subject matter expert in all aspects of the Program and oversee the implementation and operationalization of all relevant regulatory changes
- Prepare and deliver management reporting on KRIs, KPIs, and any significant developments within the Program
- Prepare and/or contribute to Board of Director reporting and training materials
- Maintain knowledge of latest industry guidelines and best practices. .
- Partner effectively across all levels of the organization to influence compliance enhancements and develop positive working relationships
- Lead in a fast-paced, dynamic, collaborative, and transformative environment
- Manage and execute multiple complex projects within the required timelines
- Maintain knowledge of latest industry guidelines and best practices
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.
Qualifications
- Bachelor's degree in finance, Accounting, Audit or Business with a compliance risk focus; or equivalent years of experience (required)
- Master's degree in finance, Accounting, Audit or Business with a compliance risk focus; or equivalent years of experience (preferred)
- Commissioned examiner status with the OCC, Federal Reserve, or FDIC is preferred with seven years of experience in bank examinations
- Certified Regulatory Compliance Manager Certification (CRCM) is acceptable with:
- 12+ years of experience in a large or mid-size financial institution (required)
- 10+ years of experience in financial institution compliance (required)
- 5+ years of managerial experience in a financial institution (required)
- Comprehensive subject matter expertise in federal banking laws including consumer protection, fair lending, and Community Reinvestment (CRA)
- High degree of integrity and strong work ethic
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.