Compliance Officer – Enterprise Fraud and Disputes

Job Summary The Compliance Officer will be a member of the Enterprise Fraud and Disputes team within Compliance Risk Management. They will provide subject matter expertise of federal regulations and second line of defense oversight for all dispute and fraud-related processes and products across Key, with a particular focus on supporting the Enterprise Fraud Services line of business. Additionally, the Compliance Officer will conduct compliance monitoring and testing to ensure compliance risks are mitigated according to Key's Risk & Control Self-Assessment (RCSA) Procedures and applicable policies.

The Compliance Officer will research, interpret and assist with applying laws and federal regulations to applicable line of business processes, controls and systems.

Location
4910 Tiedeman Road, Brooklyn Ohio

Job Summary The Compliance Officer will be a member of the Enterprise Fraud and Disputes team within Compliance Risk Management. They will provide subject matter expertise of federal regulations and second line of defense oversight for all dispute and fraud-related processes and products across Key, with a particular focus on supporting the Enterprise Fraud Services line of business. Additionally, the Compliance Officer will conduct compliance monitoring and testing to ensure compliance risks are mitigated according to Key's Risk & Control Self-Assessment (RCSA) Procedures and applicable policies.

The Compliance Officer will research, interpret and assist with applying laws and federal regulations to applicable line of business processes, controls and systems.

• Provide subject matter expertise to the first line of defense for all fraud and dispute-related functions across the enterprise. Oversight of first line of defense functions responsible for management of technology/applications supporting fraud and disputes processes is also applicable for mitigation of compliance risk.
• Conduct compliance monitoring and risk assessments to proactively identify process improvements or control gaps and facilitate necessary changes.
• Provide strong oversight to the first line of defense for timely and sustainable remediation of findings, including completion of second line of defense verification activities (includes transaction level testing).
• Develop relationships of trust and confidence with the designated lines of business.
• Provide oversight and monitoring of line of business processes, risks and controls.
• Keep abreast of new laws, regulations and enforcement actions. Conduct applicable gap analyses and facilitate necessary changes.
• Assist with corporate policy and training development.
• Educate and provide consultative advice on assigned regulations.
• Provide independent review and challenge on various line of business activities.
• Participate in or lead various projects related to mitigating risk to Key.

• Bachelor’s Degree (required)

• Minimum 3 years of experience as a financial services compliance professional, bank regulator or other comparable legal experience (required)

• Juris Doctorate or Certified Regulatory Compliance Manager (CRCM) (preferred)

• Demonstrated knowledge of the banking industry, particularly as it relates to fraud risks and handling of customer claims/disputes.
• Demonstrated ability to perform research and assist with interpretation of federal laws and regulations, which may include, but are not limited to Regulations E, Z, CC, V, E-Sign Act, and UDAAP.
• Strong verbal and written communication skills; ability to work with all levels of management with a focus on collaboration and relationship management.
• Autonomous, self-motivated, and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced…