Compliance Assistant Manager

Role Overview

• As a Compliance Assistant Manager you'll be a subject matter expert and provide advice, oversight and guidance related to regulatory compliance risks, control effectiveness, root cause analysis, and issue review and validation
• You'll provide leadership and direction in identifying the applicability and impact of regulations on the Bank's Mortgage products, services and lines of businesses
• In addition, you'll assist in the review and interpretation of new regulations or changes to existing regulations, including conducting impact assessments
• In this role you'll provide oversight, monitor, test and effectively challenge various regulatory compliance activities
• You'll support the Compliance programs, and perform risk and control assessments (RCSA) in line with methodology, scope, and frequency
• You’ll also conduct compliance risk assessments (CCRA) in the firm's GRC platform, ensuring accurate ratings and rationale for Inherent Risk (IRR), Quality of Risk Management (QRM) and Residual Risk (RRR)
• Effectively synthesize and communicate compliance information, identify root cause(s) of potential compliance risk, and provide various reports to management
• Collaborate with stakeholders across the Bank to gain insight into compliance risks associated with various line of business activities, objectives, practices, processes, and the overall control environment
• Partner with subject matter experts in the lines of business to formulate an integrated and independent view of the business area risks and risk management practices
• You will also work with Compliance team members to develop compliance risk management guidance for the lines of business
• Raise issues and collaborate in the development and implementation of new compliance policies, practices and tools
• May lead and develop a team: responsible for hiring, coaching, performance management, training and development

Requirements

• 6+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field
• Bachelor's degree in related field preferred but not required
• Previous leadership experience preferred
• Intermediate to Advanced knowledge of mortgage origination operations, including sales, disclosures, processing, underwriting, closing/funding, post closing
• Ability to assess compliance with applicable federal and state statutes (TILA, TRID, RESPA, ECOA, FCRA, HPA, FDPA, etc.), program specific requirements (ARM, DSCR, Interest Only, HELOC/HEL), and regulatory requirements circulated by agencies including FNMA, FHLMC, FHA, VA, USDA, and CFPB
• Intermediate to Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
• Intermediate to Advanced experience in Regulatory and Compliance as it related to Mortgage Banking is preferred
• Intermediate to advanced understanding of MS Office with specific focus in Excel and PowerPoint
• Intermediate to Advanced speaking and writing communication skills.
• Certified Regulatory Compliance Manager preferred

Benefits

• competitive salaries
• an ownership stake in the company
• medical and dental insurance
• time off
• a great 401k matching program
• tuition assistance program
• an employee volunteer program
• a wellness program