Compliance Assistant Manager – Fair and Responsible Banking
Western Alliance Bank
full-time
Posted on:
Location Type: Office
Location: Dallas • Arizona, Texas • 🇺🇸 United States
Visit company websiteJob Level
Mid-LevelSenior
About the role
- Provide advice, oversight and guidance related to fair lending and UDAAP/UDAP regulatory compliance risks, control effectiveness, root cause analysis, and issue review and validation.
- Provide leadership and direction in identifying the applicability and impact of regulations on the Bank's products, services and lines of businesses.
- Assist in the review and interpretation of new regulations or changes to existing fair lending and UDAAP/UDAP regulations, including conducting impact assessments.
- Provide oversight, monitor, test and effectively challenge various regulatory compliance activities.
- Support the Compliance programs and perform risk and control assessments (RCSA).
- Conduct compliance risk assessments (CCRA) on the firm's GRC platform, ensuring accurate ratings and rationale for Inherent Risk (IRR), Quality of Risk Management (QRM) and Residual Risk (RRR).
- Lead and implement Fair and Responsible Banking monitoring, Quality Assurance reviews and Board and Senior Management Reporting across consumer and commercial banking products and services.
- Effectively synthesize and communicate legal and regulatory requirements related to fair lending (ECOA and FHA), HMDA and UDAAP/UDAP laws and regulations and identify root cause(s) of potential compliance risk.
- Collaborate with stakeholders across the Bank to gain insight into Fair and Responsible Banking compliance risks associated with various line of business activities, objectives, practices, processes, and the overall control environment.
- Partner with subject matter experts to formulate an integrated and independent view of the business area compliance risks and Fair and Responsible Banking management practices.
- Work with Compliance team members to develop Fair and Responsible Banking compliance risk management guidance for the lines of business.
- Raise issues and collaborate in the development and implementation of new Fair and Responsible Banking compliance monitoring, quality assurance, reporting, policies, practices and tools.
Requirements
- 5+ years of related experience in Fair Lending, HMDA and UDAAP/UDAP Regulatory Compliance, Risk Management, Internal Audit or similar field.
- Intermediate to advanced knowledge of Fair Lending, HMDA and UDAAP/UDAP regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Bachelor's degree in related field required.
- Previous leadership experience preferred.
- Intermediate to advanced knowledge of Fair Lending, HMDA and UDAP compliance requirements, residential and commercial mortgage originations and servicing, general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Intermediate to advanced understanding of MS Office with specific focus in Excel and PowerPoint.
- Advanced speaking and writing communication skills.
- Certified Regulatory Compliance Manager preferred.
Benefits
- competitive salaries
- ownership stake in the company
- medical and dental insurance
- time off
- great 401k matching program
- tuition assistance program
- employee volunteer program
- wellness program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Fair LendingHMDAUDAAPRegulatory ComplianceRisk ManagementInternal AuditCompliance Risk AssessmentsQuality AssuranceRoot Cause AnalysisControl Effectiveness
Soft skills
LeadershipCommunicationCollaborationOversightGuidanceSynthesisDirectionInsightProblem SolvingReporting
Certifications
Certified Regulatory Compliance Manager