The Role of a Fair and Responsible Banking Manager at Frost
Are you a person who is always on the lookout for novel ways to assist people? Do you have a passion for service and take pleasure in helping others, regardless of the issue at hand? Do you aim to lead by example and play a crucial role in the growth and development of your team? If your answers are in the affirmative, the job of a Fair and Responsible Banking Manager at Frost might just be the right fit for you!
At Frost, it’s not just about securing a job. It’s about carving out a successful career where you can thrive both professionally and personally. Committed to nurturing a work environment that reflects its core values, Frost encourages its team members to strive for excellence. By joining this adaptable, integrity-driven team, you’d be contributing to Frost’s legacy of over 150 years in providing unparalleled financial services.
Who is a Director of Fair and Responsible Banking at Frost?
As a Director of Fair and Responsible Banking at Frost, you are the leader who provides guidance and support to each member of your team. In this role, you will be responsible for managing the bank’s Community Reinvestment Act (CRA) strategic plan, overseeing the Fair and Responsible Banking Policy and Program, and ensuring that all policies and procedures are up-to-date and in line with regulatory expectations. Frost managers genuinely care for people and enjoy serving others, doing so with integrity, care, and excellence in mind.
Job Responsibilities
The core responsibilities of a Fair and Responsible Banking Manager at Frost include:
- Managing the bank’s Community Reinvestment Act (CRA) strategic plan, ensuring it meets both regulatory requirements and the needs of the communities we serve
- Partnering with various business lines to develop strategies that help achieve fair and responsible banking business objectives
- Overseeing CRA-related risk assessments and reviews, and presenting findings and recommendations to the Chief Frost for Good Officer
- Maintaining the bank’s CRA Public File, ensuring its availability and compliance with regulatory standards
- Collaborating with Compliance to coordinate with federal and state regulators during CRA examinations and ensure readiness across the organization
- Leading the bank’s Fair Lending program, ensuring it is risk-based and appropriately scaled for the size and complexity of Frost
- Overseeing the development and implementation of fair lending risk monitoring tools, including dashboards and key risk indicators
- Providing training and support to staff on applicable fair lending laws and regulations to ensure a strong culture of compliance
- Collaborating with the Compliance team to ensure all policies and procedures reflect up-to-date regulatory expectations
- Overseeing the Fair and Responsible Banking Policy and Program
- Providing updates to the Frost for Good Officer on the Fair and Responsible Banking Policy and Program review
What Qualifications Do You Need?
To be considered for this role, you need to have:
- A Bachelor’s degree in a relevant field or equivalent industry experience
- At least 8 years of experience in CRA and fair lending compliance, or related experience
- Deep knowledge of CRA and fair lending regulations
- Strong analytical, project management, and interpersonal communication skills
- A proven ability to work cross-functionally with executive leadership, regulators, and team members
Additional Preferred Skills
Applicants with the following added skills will have an advantage:
- Experience in developing fair lending risk models and dashboards
- Familiarity with regulatory examination processes
- A passion for serving communities through responsible banking practices
Benefits at Frost
Frost takes care of its employees’ health, family, and future. The benefits offered include:
- Medical, dental, vision, long-term disability, and life insurance
- 401(k) matching
- Generous holiday and paid time off schedule
- Tuition reimbursement
- Extensive health and wellness programs, including an Employee Assistance Program
- Referral bonus program and more!
Since 1868, Frost has committed itself to providing exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. It is one of the 50 largest U.S. banks by asset size and a leader in customer satisfaction in the banking sector. At Frost, being part of something bigger is the norm. If this resonates with you, we encourage you to apply and see what’s possible at Frost. To learn more about this role, click Here.
