Compliance Manager - Mortgage Compliance

About the role

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

Responsibilities

• 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.
• Identifies and assesses 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.
• Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.
• Operates within the Banks risk appetite, achieving results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

• Bachelor's degree or equivalent work experience required.
• Mortgage Servicing Compliance experience preferred.

Qualifications

• Demonstrates working or functional proficiency sufficient to apply the use of software applications (Micro-Soft Office Suite) without assistance and minimal supervision.
• Able to Understand and conceptualize basic statistical analysis and theories.
• Strong analytical skills required to gather, assesses and present quantitative and qualitative data.
• Able to Develop and Support conclusions and make practical recommendations to the business Lines and/or Affiliates.
• Ability to Develop and implement controlled, systematic step-by-step processes based on guidance and procedures.
• Ability to work independently and in a team to Plan and accomplish a project or elements of a project (complexity of project scope to depend on seniority), identifying responsibilities, tasks, deadlines and pursuing their timely completion.
• Advanced understanding of consumer finance and of Fifth Third Banking and Mortgage products, business lines, Affiliate structure and operations, and Corporate support organization. Including, the bank's management teams and decision-making operations.
• Strong understanding of the Federal Reserve and consumer financial Protection Bureau (CFPB) Examination standards and general Regulatory issuances.
• Advanced understanding of the operations and interdependencies of the Affiliates and Bancorp. Including back-Office operations related to credit products.
• Advanced understanding of fair lending and responsible banking laws and regulations and the technical requirements of the Community Reinvestment Act (CRA), Interagency fair lending. Examination Procedures (IFLEP) and the Interagency CRA Examination Procedures (IEP).

Skills

• Excellent oral and written communication skills.
• Effectively communicates upward, downward and laterally.
• Displays a positive business presence with management and external contacts.

Benefits

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html.

Pay

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

Schedule

Not specified.