Compliance and Risk Officer (Special Assets)

Overview

This is a full-time, hybrid career opportunity based out of our Administrative Services Center location in East Petersburg, PA. Primary Liaison between the special assets department and the compliance and risk function.

Responsibilities

• Ensures compliance with policies and procedures including regulatory and servicer requirements by developing and executing quality control process for the special assets function including residential, consumer and commercial areas.
• Captures and updates department policies and procedures with unit and department managers.
• Approves policies and procedures for the department as part of the compliance requirement, using knowledge of department workflows and regulatory requirements.
• Develops and maintains quality control procedures for the quality review process and workflow. Monitors for accuracy enhancements in the processes and workflows.
• Manages and ensures compliance with all secondary market requirements, Consumer Financial Protection Bureau rules and ensures adherence to bank policies.
• Communicates results of statistical evaluation to management.
• Performs quality assurance reviews on residential and consumer related defaults and foreclosures as well as loss mitigation work flows and processes.
• Prepares reports including monthly statistical summary of errors detected in the quality assurance testing and findings reports with subsequent monitoring or responses.
• Communicates results of document reviews with department management.
• Represents the special assets department for various risk related duties.

Qualifications

• Educational Requirement: Bachelor's Degree or the equivalent experience.
• Specialty: Relevant degree pertaining to the essential duties of this role.
• Experience: 3 or more years of default or compliance related experience.

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location. The salary range for this position is $57,800.00 - $96,300.00 annually.

Additional Compensation Components

This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Benefits

• Medical plans with prescription drug coverage;
• Flexible spending account or health savings account depending on the medical plan chosen;
• Dental and vision insurance;
• Life insurance;
• 401(k) program with employer match and Employee Stock Purchase Plan;
• Paid time off programs including holiday pay and paid volunteer time;
• Disability insurance coverage and maternity and parental leave;
• Adoption assistance;
• Education assistance and a robust wellness program with financial incentives.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.