Compliance Manager - Mortgage Compliance

Compliance Manager - Mortgage Compliance

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General Function:

Assists Chief Compliance Officer in advocating and facilitating the development, implementation, communication, and maintenance of corporate-wide Compliance Risk Management (CRM). Responsible for all facets of the Line of Business compliance program to ensure full compliance with state and federal laws, rules, and regulations (i.e. B, C, D, E, Q, DD, CC, M, U, X, Y, Z, HOEPA, and Predatory Lending). Actively engaged and readily available to work with Executive Line of Business Division Head to address compliance matters.

Manages Line of Business compliance staff.

Responsible for managing the identification and assessment of risks (Fair Lending, Responsible Banking, CRA) and the execution of procedures to evaluate the Bancorp's compliance with laws, regulations and industry standards. Evaluates efficiency and effectiveness of existing programs, processes, and control within departmental operations and propose and implement solutions.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Essential Duties and Responsibilities:

• Assists the Chief Compliance Officer with the overall management of the Bank's compliance program.
• Act as the Servicing Compliance Manager for the Mortgage Line of Business.
• Responsible for developing, strengthening, and implementing the line of business compliance Program in compliance with Existing laws and regulations, including governance, policies and procedures, Monitoring, reporting, communications, and education.
• Initiates and facilitates collaborative alliances with line of business risk manager, Affiliate management, and corporate Partners to ensure line of business compliance Program is adequately managed.
• Assists in the Development of strategic CRM goals and tactical and strategic planning systems.
• Communicates significant issues to senior management.
• Serves on various task forces or discussion groups to address compliance related issues.
• Oversees evaluations of line of business compliance processes and procedure effectiveness across Affiliates.
• Identifies opportunities, Establishes action plans, and drives solutions to continuously improve compliance Program, and increase efficiency.
• Liaisons with regulators as appropriate.
• Partners with the Director of compliance communications and Training department to Develop awareness, Training, and required Continuing Education programs as IT relates to specific laws and regulations.
• Provides leadership, coaching, and Assessment to ensure optimum team and individual performance in Support of department, division, and Bancorp goals.
• Builds industry Relations through industry networking.
• Maintains a cutting edge awareness of division goals, Regulatory and legislative developments, and industry trends.
• Assumes additional responsibilities and Leads special projects as assigned.
• Participates in the analysis of lending policies and procedures, including scoring systems, strategic priorities, market share data, lending trends, external influences, current regulatory focuses, previous examination findings, and input from Audit and conducts interviews and discussions with managers at all levels to Understand the lending process, lending guidelines and Technology platforms.
• Analyzes data by numerous delivery channels, geographic area, product types, facility, and even employee or officer to identify risks and Develop and recommend scope or target for the Review, corrective action/or performance gap closure. Develops and executes strategies for closing gaps in performance.
• Assess the adequacy of the business…