Fair Lending Manager, GE Money Bank

Job Description

Business
GE Capital

Business Segment
Capital - Retail Finance

About Us
The United States has regulations that govern the hiring of current or former U.S. Government employees. If you currently work for (or have in the past) the U.S. Government (in any capacity), you may have certain responsibilities under these regulations and certain restrictions may apply to your potential employment with GE. Therefore, if GE regarding a position of employment contacts you, and you have worked for the U.S. Government at any time, please immediately inform the GE representative of this fact.

For U.S. employment opportunities, GE hires U.S. Citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. GE will require proof of work authorization.

Role Summary/Purpose
With over $600 billion in assets, GE Capital offers consumers and businesses around the globe an array of financial products and services. GE Capital is a leader in a number of industries, from airlines, healthcare and energy financing to fleet, franchise and middle market corporate finance. With strong origination capabilities and risk management, GE Capital has deep industry expertise and experience in providing financing solutions for our customers.

This position will be responsible for d

Essential Responsibilities
-Development and implementation of ongoing enhancements of the Fair Lending strategy and program.
-Design and perform Fair Lending risk assessments and identify Fair Lending risks associated within account life cycle--including originations/servicing arrangements; support and participate in Fair Lending focused Third party periodic reviews (HI – Green Tree Servicing).
-Act as primary liaison with contracted vendor to ensure GEMB Fair Lending analyses are consistent with regulatory requirements and that tool functionality is fully utilized.
-Prepare quarterly and annual GEMB Fair Lending Analysis and Reports within 30 days of each quarter end for Sr. Management review. Together with GEMB CCO and General Counsel, provide Fair Lending compliance guidance to business leaders and support the respective compliance teams with process owner interactions. Establish on-going process to benchmark GEMB HMDA/Fair Lending data with similarly situated financial institutions.
-Assist in the development of internal/external Fair Lending communications and training materials to educate Sr. Management regarding Fair Lending requirements.
-Support GEMB CCO with the HMDA/Fair Lending compliance examination process including any requested communication with regulators.
-Support expansion of Fair Lending external focus, e.g. regulators, advocacy groups, litigation, to identify unanticipated risks requiring analysis and proactive remediation.
-Provide bank-related support and assume responsibility for special projects, gather data and prepare reports for Senior Management, audits/exams and other personnel as required.

Qualifications/Requirements

YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT *BA/BS Degree required*8+ years of Fair Lending experience and general banking compliance*Working knowledge of banking operations policies and procedures in addition to banking products/services*Working knowledge of federal banking compliance regulations*Project Management experience*Proficient with Microsoft Office programs including Word and Excel*Able to travel up to 25% Additional Eligibility Requirements* All applications for employment must be submitted through either www.gecareers.com or the Career Opportunity System (COS) to be considered * You must be 18 years or older * You must be willing to take a drug test as part of the selection process * You must be willing to submit to a background investigation as part of the selection process * You must have unrestricted authorization to work in the United States

Additional Eligibility Qualifications
GE will only employ those who are legally authorized to work. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Desired Characteristics

Experience with Fair Lending software/specialty programs*Regulatory compliance experience (OTS, OCC, Fed Reserve) *Strong communication skills (verbal and written) *Training experience in a classroom or one-on-one environment*Experience developing and delivering presentations/proposals

Job Requirements

 




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