Western Alliance Bank

Compliance Assistant Manager

Western Alliance Bank

full-time

Posted on:

Location Type: Office

Location: Westlake Village • Arizona • California • United States

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Salary

💰 $114,910 - $141,946 per year

About the role

  • 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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
regulatory compliancerisk managementroot cause analysisrisk and control assessmentscompliance risk assessmentsmortgage origination operationsfederal and state statutesregulatory requirementscompliance obligationsRegulatory and Compliance in Mortgage Banking
Soft Skills
leadershipcommunicationcollaborationoversightguidanceperformance managementcoachingtrainingsynthesis of informationproblem-solving
Certifications
Certified Regulatory Compliance Manager