Summary
Overview
Work History
Education
Skills
Accomplishments
Affiliations
Certification
Timeline
Generic
Rheanna Rodriguez

Rheanna Rodriguez

Grand Terrace,USA

Summary

An Expert in Regulatory Compliance, Audit, Compliance Management, Community Reinvestment Act, and Fair Lending Diligent, results-driven compliance professional with 20+ years of work experience and increasing responsibilities related to regulatory compliance, risk management, governance, audit, and regulatory examinations. Ability to work collaboratively with executive management and various key stakeholders, including regulators and auditors. Proven track record of meeting deadlines under pressure and thriving in volatile environments. Advance knowledge of the audit process, internal controls, corrective action validation, and banking compliance laws and regulations. Previously employed by FDIC as a commissioned compliance examiner, regulating banks ranging in asset size from $20 million to $96 billion in total assets. CRA examination procedures in large bank, intermediate-small bank, small bank, and multi-state evaluations. Experience managing and directing, training and developing of staff.

Overview

17
17
years of professional experience
1
1
Certification

Work History

FVP, Compliance Manager

Hanmi Bank – Compliance Department
08.2023 - Current
  • Responsible for developing, implementing, reporting, and administering all aspects of the Compliance Management System, Fair Lending, and Community Reinvestment Act Programs, ensuring conformity and adherence with interagency laws, regulations, policies, and procedures.
  • Direct and manage staff of 7, including the Compliance Officer, CRA Officer, and Fair Lending Officer.
  • Internal control development for all aspect of the bank’s compliance department’s monitoring and testing programs and responsibility for compliance with FDICAI internal control framework.
  • Manage regulatory change that impact business units and support functions.
  • Provide support in risk assessment and monitor KRI for adherence to guidelines by business unit and ensure corrective action is taken or risk is properly managed.
  • Developed roadmap for new projects that impact Compliance including the now LOS implementation for both commercial and SBA, CMS automation, and CRA Wiz. Section 1071 road map was built, but placed on pause after CFPB issued new enforcement priorities.
  • Conduct CMS risk assessment, developed policy and procedure gap analysis, policy development and enhancements, and procedure development.
  • Developed and implemented a comprehensive Compliance Department to formalized the second line of defense with comprehensive risk-based testing and monitoring program that support regulatory compliance.
  • Built out automated workflows to support complaint monitoring and root cause analysis.
  • Manage regulatory exams, audits, and other internal compliance reviews.
  • Advanced compliance program through a risk-based approach in ensure there is an enterprise impact of regulatory compliance bank wide.
  • Developed and reintroduced the bank’s compliance management committee, CRA committee, and risk committee.
  • Managed and motivated employees to be productive and engaged in work.
  • Accomplished multiple tasks within established timeframes.
  • Maintained professional, organized, and safe environment for employees and patrons.
  • Built high-performing teams through effective recruitment, onboarding, and talent development initiatives.
  • Reduced operational costs through comprehensive process improvement initiatives and resource management.

SVP, Director of Specialty Regulations

First Foundation Bank - Risk Department
07.2020 - 06.2023
  • Directed bank ERM program by providing oversight of identified risks associated with new or existing programs, products, services, vendors, and other noted changes to ensure risk is commensurate with bank’s risk appetite and risk profile. Evaluate business risks, analyze business unit processes and controls, and make risk recommendations where appropriate to mitigate risk.
  • Directed multiple business units and key stakeholders’ adherence to identified risks and built out internal control maps to mitigate risk. This process improved visibility for program gaps and limited continued risk exposure.
  • Track and monitor identified risks, provide vendor risk review, and make recommendations on changes that facilitate the need to create or change policy, procedure, or practice. Will work with key stakeholders to complete and develop risk assessment.
  • Developed and implemented the bank’s risk assessment program to capture enterprise risk from a vendor, product, or service perspective. This included development of the processes, training materials, guidance, and integration into current change management program.
  • Created and implemented SOX review procedures for vendor due diligence processes.
  • Provided oversight for the bank’s Model Risk Management program. Developed and created policy and procedure, built out the risk assessment and remediation validation processes, and provide daily oversight for the program.
  • Oversaw model development and model implementation, as well as model validation. Provide ongoing monitoring of bank models to ensure models are used as intended and assumptions are generally appropriate.
  • Serve as Risk Committee Chair. Responsibilities included creating and developing risk committee charter and reporting structure. Provide reports to executive management or the Board as needed.
  • Co-Chair of the CRA Committee. Prepare for meeting and report out on new and emerging CRA trends and regulatory changes. Prepare training as needed. Develop CRA self-assessment, quarterly reports, and review for proper delineation of assessment areas and lending markets. Provide assistance to the CRA Officer from a regulatory and technical perspective.
  • Created CRA self-assessment for quarterly monitoring and annual reviews. FDIC praised the monitoring reports and the self-assessment and attributed these documents as part of the bank’s strong CRA monitoring function.

VP, Fair and Responsible Lending Officer

First Foundation Bank- Compliance Department
06.2016 - 07.2020
  • Delegated Fair Lending Officer. Responsibilities include developing, implementing, and providing oversight for the bank’s fair lending, ECOA, FCRA, and FHA programs. Develop program risk assessments from an enterprise perspective to ensure all regulations, departments, products, and practices were captured. Develop and enhance policies related to programs as needed.
  • Monitor the bank’s underwriting and pricing guidelines specific to the FFIEC Interagency Fair Lending Examination Procedures. Conduct periodic reviews of loan files to ensure that pricing and underwriting are consistent with the bank’s guidelines. Conduct annual Fair Lending review. Monitor and maintain the fair lending and ECOA risk assessment. Edit fair lending review methodology as needed.
  • Develop and provide training to bank staff specific to fair lending, ECOA, FCRA, and FHA on an annual basis. Also, train on risk assessment process as risks or red flags arise. Increased training over 50 percent for branches and lending staff, thus decreasing overall monitoring deficiencies.
  • Conduct annual Fair Lending analysis on bank’s lending programs that include single-family residential, multifamily, small business loans, and other loans as needed.

Commissioned Financial Institution Examiner

Federal Deposit Insurance Corporation [FDIC] – Department of Consumer Protection
09.2008 - 06.2016
  • Supervise, assist, conduct, or direct FDIC Bank Examinations throughout U.S. with institutional assets ranging from $20 million to $96 billion by conducting Compliance and Fair Lending examinations of technical and lending compliance with consumer Federal Regulations, Fair Lending laws, and CRA.
  • Supervise, assist, conduct, or direct technical assistance visitations to minority-owned institutions and de novo institutions requesting assistance in developing or refining the Bank’s compliance or CRA programs or potentially new lending or deposit products.
  • Led and completed CRA evaluations for small, intermediate-small, and large bank CRA examinations. The CRA evaluations range from simple to complex with multiple lending products including small business and HMDA and community development activities.
  • Prepared confidential Reports of Examination including technical or systemic violations and recommendations for consumer regulations reviewed at each bank examination. Identified reimbursable violations and made recommendations as necessary.
  • Compiled evidence in an extensive Federal Department of Justice referral regarding significant violations pertaining to Part 329 of the FDIC Rules and Regulations. A consult and Civil Money Penalty Memo was prepared in conjunction with the Federal Department of Justice (DOJ) referral.
  • Led an extensive HMDA review for a 5-rated institution with complex Fair Lending issues related to mortgage fees and points and made recommendations to the DOJ.
  • Developed materials for and taught bank director education programs specific to regulatory changes, board governance, banking best practices. Presented at seminars as needed on regulatory hot topics and areas of expertise.

Education

Master of Arts - Management

University of Redlands
Redlands, CA
01.2007

Bachelor of Arts - Business Administration, Marketing

California State University, San Bernardino
San Bernardino, CA
01.2004

Skills

  • Compliance Management
  • Risk Management
  • Enterprise Risk Management
  • Audit
  • Fair Lending Monitoring and Testing
  • Community Reinvestment Act
  • Regulatory Examinations
  • Regulatory Compliance
  • Cryptocurrency
  • FDIC Examiner
  • FFIEC guidance
  • Model Risk Management
  • Compliance monitoring
  • Internal audits
  • Corporate governance
  • Process development

Accomplishments

  • Conducted deep dive analysis of compliance and CRA programs; identified systems and reporting process risk. Developed and implemented internal control improvement and deployment of automated technology.
  • Spearheaded the development of crypto currency risk assessment, compliance program, and mapped internal control environment for bank’s crypto currency program.
  • Developed robust ERM program that lead to significant changes in overall risk posture associated change management processes, vendor controls, and compliance specific to new products, services, and vendors.
  • Developed BaaS compliance and risk program and led program implementation.
  • Created mapping resources, processes, and internal controls for all deposit and lending related compliance in regards to mergers and acquisitions (M&A).
  • Instrumental role in the development of the FDIC’s national standardized Fair Lending Scoping and Conclusion memo and guidance issued in 2015.
  • Led large bank UDAP marketing and advertisement examination specific to marketing program, marketing materials, and social media at a large student loan originator under Cease and Desist orders.
  • Recipient of Mission Achievement Award in recognition of contributions in support of the mission, goals, and values of the FDIC from the Chairman of the FDIC in 2011.
  • Commissioned Compliance Examiner; FDIC Commissioning in 2012, competitive status

Affiliations

  • California State University, San Bernardino – Alumni Association Board President
  • California State University, San Bernardino – Philanthropic Board Member
  • AEI Outreach and Marketing Group, FDIC – Committee Member/ Trainer
  • Neighborhood Housing Services IE – Board Member
  • Hope Through Housing – Executive Committee Member

Certification

  • Commissioned Compliance Examiner, FDIC - 2012

Work Type

Full Time

Work Location

RemoteHybrid

Timeline

FVP, Compliance Manager

Hanmi Bank – Compliance Department
08.2023 - Current

SVP, Director of Specialty Regulations

First Foundation Bank - Risk Department
07.2020 - 06.2023

VP, Fair and Responsible Lending Officer

First Foundation Bank- Compliance Department
06.2016 - 07.2020

Commissioned Financial Institution Examiner

Federal Deposit Insurance Corporation [FDIC] – Department of Consumer Protection
09.2008 - 06.2016

Bachelor of Arts - Business Administration, Marketing

California State University, San Bernardino

Master of Arts - Management

University of Redlands

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