Mortgage Lending Compliance Manager - Fair Lending

Compliance Manager



*Fair Lending Compliance Experience preferred*

*2 years regulatory and/or compliance management in mortgage or consumer lending preferred*



Responsible for implementing the Compliance Program for assigned units. This entails working with assigned business units to assist in the determination of corrective action that meets regulatory as well as business requirements with regards to compliance issues that have been identified through the compliance review process or from regulatory, product, process, or procedural changes. It also includes the oversight of compliance audit, examinations, and training.



Responsible for conducting ongoing research and analytics for fair lending related developments in a consumer lending environment. Serve as a central resource and provide assistance to operational units regarding Fair Lending compliance. Provides fair lending compliance risk expertise for projects and initiatives with high risk. Identifies fair lending risks and issues resulting from changes in to internal and/or external environment including compliance and regulatory examinations, customer complaints, self-testing results, and industry and advocacy group positions and publications. Prepares management reporting on fair lending compliance.



Essential Duties and Responsibilities:



50% - Project manage within assigned units, system, policy, procedure and control changes that are needed to address changes in state or federal law or regulation, any audit, exam, or investor issues, or as initiated by the business unit. Oversee all aspects of the project from developing of policy/procedures, system change requirements to include testing and training. On occasion, participate on project and implementation teams for processes and credit products that are covered under Fair Lending Regulations.



20% - Within assigned units, oversee that audit activities provide for no less than a full scope review of all assigned compliance responsibilities. Coordinate/oversee audit scopes, test work, audit corrective action to address deficiencies and work paper retention.



10% - Assist Chief compliance Officer in exam or investor activities with respect to assigned unit.



10% - Within assigned units, ensure that business units have a training process in place where all applicable assigned compliance responsibilities with manual control are included in training materials. This includes ensuring new employees are trained and all employees are updated regularly on compliance responsibilities. Thorough documentation must be included on all training.



5% - Ensure completeness and accuracy of the Compliance Database, which is used to document and track responsibilities, procedures, issues, audits and training.



5% - Serve as acting Chief Compliance Officer upon absence.



Qualifications and Experience:



Bachelor's Degree or equivalent experience
At least 2 years regulatory and/or compliance management in mortgage or consumer lending preferred
Fair Lending Compliance Experience




Required Knowledge, Skills, and Abilities:



Excellent communication skills (verbal and written)
Knowledge of regulatory and mortgage orientation environments
Able to manage numerous critical projects
Build teams and consensus throughout company
Strong technology skills


Preferred Knowledge, Skills, and Abilities:



Certified Regulatory Compliance Manager, Certified Risk Professional, Project Management Professional, and Certified Internal Auditor designations preferred.
Project Management experience/training
Regulatory agency experience
Familiarity with various origination/systems
REQUIREMENTS
Compliance Manager



*Fair Lending Compliance Experience preferred*

*2 years regulatory and/or compliance management in mortgage or consumer lending preferred*



Responsible for implementing the Compliance Program for assigned units. This entails working with assigned business units to assist in the determination of corrective action that meets regulatory as well as business requirements with regards to compliance issues that have been identified through the compliance review process or from regulatory, product, process, or procedural changes. It also includes the oversight of compliance audit, examinations, and training.



Responsible for conducting ongoing research and analytics for fair lending related developments in a consumer lending environment. Serve as a central resource and provide assistance to operational units regarding Fair Lending compliance. Provides fair lending compliance risk expertise for projects and initiatives with high risk. Identifies fair lending risks and issues resulting from changes in to internal and/or external environment including compliance and regulatory examinations, customer complaints, self-testing results, and industry and advocacy group positions and publications. Prepares management reporting on fair lending compliance.



Essential Duties and Responsibilities:



50% - Project manage within assigned units, system, policy, procedure and control changes that are needed to address changes in state or federal law or regulation, any audit, exam, or investor issues, or as initiated by the business unit. Oversee all aspects of the project from developing of policy/procedures, system change requirements to include testing and training. On occasion, participate on project and implementation teams for processes and credit products that are covered under Fair Lending Regulations.



20% - Within assigned units, oversee that audit activities provide for no less than a full scope review of all assigned compliance responsibilities. Coordinate/oversee audit scopes, test work, audit corrective action to address deficiencies and work paper retention.



10% - Assist Chief compliance Officer in exam or investor activities with respect to assigned unit.



10% - Within assigned units, ensure that business units have a training process in place where all applicable assigned compliance responsibilities with manual control are included in training materials. This includes ensuring new employees are trained and all employees are updated regularly on compliance responsibilities. Thorough documentation must be included on all training.



5% - Ensure completeness and accuracy of the Compliance Database, which is used to document and track responsibilities, procedures, issues, audits and training.



5% - Serve as acting Chief Compliance Officer upon absence.



Qualifications and Experience:



Bachelor's Degree or equivalent experience
At least 2 years regulatory and/or compliance management in mortgage or consumer lending preferred
Fair Lending Compliance Experience




Required Knowledge, Skills, and Abilities:



Excellent communication skills (verbal and written)
Knowledge of regulatory and mortgage orientation environments
Able to manage numerous critical projects
Build teams and consensus throughout company
Strong technology skills


Preferred Knowledge, Skills, and Abilities:



Certified Regulatory Compliance Manager, Certified Risk Professional, Project Management Professional, and Certified Internal Auditor designations preferred.
Project Management experience/training
Regulatory agency experience
Familiarity with various origination/systems