Sr. Business Controls Manager

Qualifications

• Bachelor’s degree in related field (or equivalent combination of work experience and High School diploma/GED)
• MBA preferred
• Training in Project Management and/or Six Sigma methodologies preferred
• Experience in the financial services or mortgage industry, preferred
• 5 + years’ experience in Business Controls, Operational Risk, Change Leadership
• 5 + years’ implementing transformative initiatives
• 3 + years’ experience in a control/ compliance function
• 3 + years’ experience in issues leadership
• In-depth knowledge of CFPB examination expectations for financial institutions preferred
• In depth knowledge with mortgage industry regulations including CFPB, UDAP, RESPA, and TILA
• In-depth practical knowledge of internal preventative and detective controls, risk assessments and compliance processes, and applicable risk-based techniques for implementation of effective regulatory, compliance and legal requirements and compliance processes
• Prior demonstrated experience in reading and understanding regulatory content, and performing impact and control suitability analysis to identify potential gaps in the operation or its vendors
• Knowledge of process improvement and project management methodologies, preferred

Skills

• In-depth knowledge of CFPB examination expectations for financial institutions
• In depth knowledge with mortgage industry regulations including CFPB, UDAP, RESPA, and TILA
• In-depth practical knowledge of internal preventative and detective controls, risk assessments and compliance processes, and applicable risk-based techniques for implementation of effective regulatory, compliance and legal requirements and compliance processes
• Prior demonstrated experience in reading and understanding regulatory content, and performing impact and control suitability analysis to identify potential gaps in the operation or its vendors
• Knowledge of process improvement and project management methodologies, preferred

Benefits

• Medical, Dental and Vision Insurance
• Company Paid Life Insurance
• Disability Insurance
• Pet Insurance
• 401k Program with Employer Matching
• 3 Weeks Paid Time Off (PTO)
• Paid Holidays
• Wellness Initiatives
• Employee Assistance Program
• Eligible for Hybrid Work Schedule with Remote Flex Days

Pay

The hiring range for this position is between $95,000.00-$100,000.00 annually.

Schedule

This position is eligible for an annual discretionary bonus.

Featured Benefits

• Fay-Genstone Foundation was established to fulfill the philanthropic mission of The Fay Group employees to serve the communities in which they live and work.
• Employees make voluntary contributions to the Foundation.
• Quarterly donations are made to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.

About the Role

This position is responsible for conducting risk assessments, documenting operational processes and controls, analyzing available data, supporting issue remediation, change leadership, and providing operational support for assigned functional areas, with the purpose of identifying areas of risk outside of tolerance, existing control gaps, or improvement opportunities.

Responsibilities

• Reporting to the EVP, Enterprise Controls, this position is responsible for conducting risk assessments, documenting operational processes and controls, analyzing available data, supporting issue remediation, change leadership, and providing operational support for assigned functional areas, with the purpose of identifying areas of risk outside of tolerance, existing control gaps, or improvement opportunities.
• The role is responsible for defining recommended processes and control environment enhancements in partnership with assigned business units.
• The role partners with key stakeholders to identify, define, and implement process optimization best practices within the organization.
• Additionally, this position may support the administration functions for issue management by gathering and organizing relevant information to control gap issues and mitigation plans.
• The role responsibilities with issue management include collecting, tracking, and driving the resolution of all material issues identified through Quality Assurance (QA), Quality Control (QC), Internal Audit (IA), external audits/exams, and/or self-identified by business departments.
• Additionally, this position addresses identified issues through collaboration and partnership with senior leadership to prioritize the issue(s), determine a root cause, size the impacted population, define a remediation plan, monitor timelines, and work within the governance framework to ensure the remediation plan is executed in a timely manner.