Develop and maintain an effective fair and responsible banking program. Relevant laws and regulations include but are not limited to, the Equal Credit Opportunity Act/Regulation B, Home Mortgage Disclosure Act (HMDA), Servicemember Civil Relief Act (SCRA), Military Lending Act (MLA), and the Americans with Disabilities Act (ADA). Develop and maintain programs such as the Illinois Community Reinvestment Act (CRA) program and HMDA program. Execute regular risk assessments and monitoring, serve as an advisor to the business on fair and responsible banking and CRA risk, and participate in regulatory exams.
Essential Responsibilities
- Develop and execute a strategic plan to enhance the credit union's fair and responsible banking program which includes fair lending, SCRA, ADA, MLA, HMDA, and other laws and regulations within the sphere of fair and responsible banking principles.
- Conduct risk assessments and monitoring, in partnership with legal counsel, to determine the residual risk for applicable fair and responsible banking laws and regulations.
- Ensure the compliance training plan includes general awareness and role-based training.
- Coordinate and communicate with federal regulatory agency examiners during examinations and other reporting requirements.
- Perform fair lending sampling to detect potential violations or risks associated with lending practices.
- Advise business partners on aspects of fair and responsible banking risk and mitigation strategies, issues management, complaints, and other CMS elements.
- Work with business risk to track and implement any corrective action or control enhancements recommended as a result of statistical analyses, comparative file reviews, or reviews.
- Prepare status reports and presentations for related committees, the executive team and the board of directors.
- Lead the development of the CRA program and CRA examinations. Oversee CRA program including reporting and strategy and prepare board and senior management reporting on CRA program health.
- Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities. Responsible for hire, fire, performance, discipline and problem-resolution decisions.
Education & Years of Experience
- Minimum - 4 Year Bachelors Degree in Business, Finance or Related
- Preferred - Graduate Degree in Business, Finance or Related
- Minimum - 8 Years of Compliance, consumer protection or related
- Minimum - 2 Years or People Management
In Lieu of Education
- 10 Years of Compliance, consumer protection including people management
License/Certifications/Training
- Preferred: CRCM or CUCE Certification
Compensation & Benefits:
Typical hiring range: $119,400.00 to $204,600.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:
- Annual performance bonus
- Work from home up to 3 days a week
- Paid parental leave
- Employee discount programs
- Time off including paid personal and sick days
- 11 paid holidays
- Education reimbursement
*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
Equal Opportunity EmployerThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor's degree in Business, Finance or related
- Graduate degree in Business, Finance or related
- 8 Years of compliance, consumer protection or related experience
- 2 Years of people management experience
- 10 Years of compliance/consumer protection including people management (in lieu of degree)
- CRCM or CUCE certification
- Knowledge of fair lending and responsible banking laws (ECOA/Reg B, HMDA, SCRA, MLA, ADA) and CRA program requirements
What the Team is Saying
Alliant Credit Union Compensation & Benefits Highlights
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Retirement Support — Retirement benefits are described as robust, including a 401(k) plan with a 100% match on the first 5% of pay and immediate vesting through Fidelity. Feedback suggests this structure provides strong long-term savings support from day one.
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Leave & Time Off Breadth — Paid time off is characterized as generous, with 21–31 days of PTO by tenure, 11 paid U.S. bank holidays, and dedicated volunteer time. Senior leaders may also have Flexible Time Off (unlimited), adding further flexibility at higher levels.
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Healthcare Strength — Health coverage includes two medical plan options and dental, with company‑paid vision benefits and employer HSA contributions when a medical plan is elected. Feedback suggests the breadth of core health coverage is comprehensive for a midsize financial employer.
Alliant Credit Union Insights
What We Do
Alliant is unlike any other financial institution — a digital credit union that wows our members. We’re boldly disrupting banking norms to do good for our members, employees and communities. With 90 years of history and more than $19 billion in assets, Alliant Credit Union is the largest credit union in Illinois and one of the largest in the U.S. Our industry-leading financial products, seamless digital experiences and exceptional customer service make banking simpler for our 900,000+ members. Fully digital, fully human and full of possibility, we work to provide our members with experiences that redefine the financial industry, challenge the status quo and unleash brilliance.
Why Work With Us
Our employees enjoy a hybrid schedule, allowing for flexible remote work and purpose-driven, outcome-focused onsite opportunities. Driven by Alliant's guiding principles and values, employees across all teams build together to provide our members with industry-leading financial products, seamless digital experiences & exceptional customer service.
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Alliant Credit Union Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Alliant offers a purpose-driven, outcome-focused hybrid workplace model.
