Compliance Manager

About the role

As a Compliance Manager you'll oversee compliance risk management activities related to the bank's residential mortgage lending operations. This role indirectly oversees other compliance professionals, collaborates with first, second, and third line of defense departments partners with business lines to ensure compliance with applicable federal and state mortgage laws and regulations. The Compliance Manager serves as a trusted advisor to the business, providing regulatory guidance, conducting compliance assessments, supporting issue management and regulatory change initiatives, and evaluating the effectiveness of controls designed to mitigate compliance risk. This position operates within the Second Line of Defense (2LOD) Compliance function and helps ensure the organization maintains a strong compliance management system (CMS) aligned with regulatory expectations and organizational risk appetite.

Responsibilities

• Provide guidance and advice across all lines of defense regarding the applicability and impact of regulations, regulations pertaining to residential mortgage lending and purchasing, including support for issue management, regulatory change assessments, document and vendor reviews and other related activities.
• Support issue management activities, including issue identification, documentation, risk assessment, remediation planning, validation.
• Review the line of business policies, procedures, job aids, training materials and related documentation to evaluate alignment with applicable regulatory requirements, internal policies, and control expectations.
• May lead and develop a team: responsible for hiring, coaching, performance management, training and development.

Requirements

• 7+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field.
• Ability to assess compliance with applicable federal and state statutes (TILA, TRID, RESPA, ECOA