VP, AML Sanctions
Synchrony
Job Level
Senior
About the role
- Support legal projects and assist the company with maintaining and ensuring compliance with Federal and State regulations companywide
- Assist with review and/or audit of company operations related to fair lending regulations (FCRA, ECOA, HMDA), and other applicable regulations (e.g. AML/BSA, TCPA, CCPA/CPRA)
- Provide day-to-day support and may assist with and act as lead for tasks including annual and new hire training, third-party vendor assessments, regulatory compliance, implementation of policies and procedures, fraud investigations, monitoring and testing, regulatory audits, regulatory reporting, and customer complaint investigations
- Provide day-to-day support with cross-functional partners to address compliance risks and identify areas of improvement
- Assist with regulatory compliance reporting and processes, including HMDA and ECOA
- Lead the corrective action process as needed, including collaborating across business units to resolve and document issues
- Assist with the fraud escalation and investigation process
- Facilitate the data request process for regulatory reporting
- Assist with fulfilling requests for external audits
- Lead the development and deployment of annual and new hire compliance training, and follow up to ensure completion
- Maintain existing policies and procedures and draft new policies and procedures as necessary
- Manage the customer complaint and other customer investigation process
- Conduct risk-based reviews on new vendors within the procurement process
- Work with cross-functional teams to evaluate and update processes and policies
Requirements
- Bachelor’s degree required
- 3-5 years of experience supporting a legal, compliance, or operations team
- Mortgage experience and/or compliance experience
- Demonstrated knowledge and application of laws and regulations including HMDA, ECOA, FCRA, and BSA/AML preferred
- Ability to work with and communicate effectively with cross functional partners
- Ability to draft written summaries clearly synthesizing recommendations
- Thrives in a constantly-evolving & fast-moving environment
- Ability to handle large volume of emails on a regular basis
- Ability to think critically and creatively to solve problems
