AVP, Compliance HMDA/CRA Data Integrity Manager at Wintrust Financial Corporation in Rosemont, Illinois

Job Description:

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

Why join us?

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 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 Overview

Responsible for managing the Data Integrity (DI) Team and providing ongoing oversight for HMDA, CRA, and 1071 data collection as well as new regulations and updates to regulations issued by the CFPB affecting HMDA, CRA, and 1071 data collection. Collaborates with the Compliance Officers for Wintrust Mortgage, Centralized Loan Operations and non-bank entities to verify new or existing regulations are being followed. Responsible for performing quality assurance on all data submitted annually to the regulators and for reviewing CRA qualified donations, services, and community development loans.

What You’ll Do

• Manage and provide guidance and instruction to DI Team with regard to new regulations, enforcement actions, regulatory FAQs, regulatory data standards and expectation, and updates to existing regulations issued by CFPB.




• Review for accuracy HMDA, CRA, and 1071 fields entered by Centralized Loan Operations, Wintrust Mortgage and non-bank entities. Monitor the output and quality results of the processes assigned to the team.




• Complete annual submission of HMDA, CRA, and 1071 data.




• Assist with HMDA, CRA, and 1071 internal and external exams.




• Keep abreast of business policies and related laws and regulations, guidance and other legal and regulatory developments, which directly affect business practices, to ensure review assessments are appropriately analyzing and identifying risk.




• Monitor existing/new products and lines of business for HMDA, CRA, and 1071 reporting applicability as well as internal changes that impact the accuracy of specific reporting data elements.




• Coordinate and review for CRA qualified donations, services, and community development loans.

Qualifications

• 5-7 years of Banking Regulatory Compliance experience.




• Bachelor’s degree preferred.




• CRCM preferred.




• Experienced people leader.

Benefits

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

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From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.