AVP. Consumer Compliance Officer

Join a top banking clinet as they look to bring on an additional compliance testing officer within their consumer compliance function.

Client Details

Largest Union owned bank in the United States

Description

Compliance Monitoring & Testing:

• Monitor and test to ensure deposit and lending-related business practices, policies, procedures, software systems, documents, and disclosures comply with federal and state regulations.
• Conduct quarterly reviews of the Bank's Home Mortgage Disclosure Act - Loan Application Register (HMDA-LAR) data.

Subject Matter Expertise:

• Possess expertise in lending, deposit, and loan servicing regulations.

Collaboration & Compliance Management:

• Collaborate with the Chief Compliance Officer to execute the Bank's Compliance Management System.
• Work with Lending and Deposit Compliance Officers and business units to analyze compliance risks associated with new and existing consumer, small-business, and commercial lending and deposit products and services.

Advertising & Disclosures:

• Review deposit and lending-related advertisements for regulatory compliance.
• Review all loan and deposit disclosures and forms for compliance with regulatory requirements.

Policy & Procedure Management:

• Review and revise policies, procedures, and processes in response to regulatory changes.
• Update and maintain the Outstanding Issues Tracking Log following each monitoring review, ensuring proper corrective action is taken with relevant departments.

Risk Assessment & Monitoring:

• Work with other Compliance Officers on ongoing lending- and deposit-related compliance, fair lending monitoring, and risk assessments.
• Conduct compliance monitoring/testing reviews and risk assessments of key regulations; evaluate the effectiveness of internal policies, procedures, and processes.
• Track and monitor remediation efforts for issues identified in compliance reviews and regulatory examinations.

Audit & Regulatory Exam Support:

• Collaborate with internal and external auditors and examiners for successful completion of compliance audits and regulatory exams.

Research & Reporting:

• Perform thorough, accurate, and timely research on regulatory issues.
• Develop reports based on research results and create action plans for addressing identified issues.

Business Unit Collaboration:

• Work with business units to analyze compliance risks associated with new and existing consumer and small-business products and services.

Internal Projects & Other Duties:

• Participate in internal bank projects and provide assistance as needed.
• Perform other duties as directed.

Profile

Education & Experience:

• Bachelor's degree.
• Three or more years of experience in Compliance.

Industry Knowledge:

• Knowledge of the banking industry, regulatory processes, and policy issues.

Work Style & Adaptability:

• Ability to work independently, prioritize assignments, and manage multiple responsibilities simultaneously.
• Strong ability to adapt to a rapidly changing work environment.

Skills:

• Excellent project management, analytical, and organizational skills.
• Ability to identify problems and recommend effective solutions.
• Strong verbal and written communication skills, with excellent interpersonal abilities.
• Proficient in technical skills, including Excel, with the ability to quickly learn new systems.

Job Offer

Ability to improve and expand one's knowledge & experience from both a testing and consumer compliance perspective.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.