Fair Banking Oversight & Senior Risk Advisor; Hybrid​/Richmond, VA

Fair Banking Oversight & Senior Risk Advisor (Hybrid/Richmond, VA)

The Fair Banking Oversight & Senior Risk Advisor is responsible for serving as a Second Line of Defense (2

LOD) Fair and Responsible Banking oversight framework across Atlantic Union Bank. This role focuses on maturing, maintaining, and operationalizing the Fair Banking framework encompassing Fair Lending, Community Reinvestment Act (CRA), and UDAAP-related risks. The Senior Advisor provides independent oversight, governance leadership, credible, and effective challenge to the First Line of Defense (1

LOD). In addition to governance and framework ownership, this role provides horizontal integration across Fair Banking disciplines and supports peer roles during periods of increased demand, including regulatory exams, remediation efforts, and peak monitoring or testing cycles. This role will partner closely with the Director - Fair & Responsible Banking, the Fair Banking CRA Program Administrator, and the Fair Banking CRA Advisor to ensure clear role delineation and strong program execution.

This position operates within the Second Line of Defense and provides independent oversight, advisory support, and risk-based challenges.

Position Accountabilities

Fair Banking Risk Oversight & Monitoring

• Serves as a co-architect and steward of the enterprise Fair Banking governance framework, partnering with the Director to evolve structure, standards, and oversight routines.
• Maintains Fair Banking governance artifacts, including frameworks, standards, escalation models, monitoring strategies, and documentation aligned to the Compliance Management Program (CMP).
• Matures Fair Banking governance routines, including reporting cadence, issue escalation pathways, and management/committee materials.
• Ensures the Fair Banking framework effectively integrates Fair Lending, CRA, and UDAAP risk considerations from a horizontal, enterprise perspective.
• Continuously enhance the Fair Banking risk governance framework supporting risk identification, documentation, and thematic assessment.
• Utilizes data analytics, trend analysis, and qualitative assessments to identify emerging Fair Banking risks, control gaps, or areas of heightened regulatory exposure.
• Support issue management activities, including independent challenge of root cause analysis and validation of remediation effectiveness.

Complaints & Marketing Oversight

• Provides independent 2
  
  LOD oversight of complaint trends and themes impacting Fair Banking, coordinating with the Office of the President while maintaining independent conclusions.
• Maintain Fair Banking standards and expectations for complaint theming and escalation related to fair treatment and UDAAP risk.
• Conducts independent reviews and effective challenging of marketing campaigns and customer communication for Fair Banking risk.
• Coordinate with Fair Banking teammates when complaints or marketing raise Fair Lending or CRA specific considerations.

Change Management & Regulatory Readiness

• Monitors regulatory development related to Fair Lending, CRA, UDAAP, and broader Fair Banking expectations.
• Assess regulatory changes for Fair Banking governance and framework impacts and support implementation efforts from a Fair Banking governance and oversight perspective.
• Assist with preparation for regulatory examinations and internal audits, including development of governance narratives, responses, and supporting materials.

Training & Advisory Support

• Support development of Fair Banking training and awareness material focused on governance expectations and risk themes.
• Serve as a 2
  
  LOD Fair Banking governance and escalation point for assigned LOBs (Line of Business), providing independent guidance and credible effective challenge on material Fair Banking risks.
• Conducts independent review and effective challenge of new products, processes, initiatives, and changes with Fair Banking implications.
• Partner with LOB Compliance Advisors, Risk, Legal, and Enterprise teams to ensure consistent and coordinated Fair Banking oversight.
• Support CRA oversight activities through governance integration, framework support, and surge capacity, partnering with the Fair Banking teammates.
• Sup…