VP - Compliance

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Develop, execute and maintain a risk-based enterprise-wide monitoring program to ensure the organization’s compliance with federal and state laws and regulations.
• Keep abreast of current or new laws and regulatory Update monitoring programs accordingly.
• Maintain compliance with agency requirements, including but not limited to TILA, RESPA, ECOA, FCRA, HMDA as well as other requirements that pertain to the mortgage industry.
• Research questions concerning laws or regulations and report findings to the responsible areas.
• Consult with management and General Counsel on the development of policies and procedures to ensure compliance with relevant laws and regulations.
• Serve as a resource for all company employees regarding compliance.
• Coordinate the activities of assigned compliance personnel to efficiently maintain department day-to-day operations, provide on-the-job training, allocate tasks and monitor employee work.
• Review advertising and draft disclosures to ensure compliance with Regulation N and other related rules.
• Manage employee compliance training program.
• Administer BSA Compliance.
• HMDA and Fair Lending reviews and reporting.
• Manage audits and examinations.
• Draft and maintain risk assessments.

SUPERVISORY RESPONSIBILITIES: Direct supervision of 1 to 5 employees

QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

ADDITIONAL QUALIFICATIONS:

• Working knowledge of lending laws and regulations
• Experience working with regulators during compliance reviews.
• Understanding of risks and controls required to ensure compliance with applicable regulations and the ability to assess the effectiveness of controls and the root cause of issues.
• Problem solving and/or extensive research related to all compliance issues presented to the corporation. The ability to interpret, reach conclusions, support decisions and persuade others is essential.
• Ability to communicate orally and in writing in a clear, concise and credible manner.
• Must be a self-motivated and self-starter with the ability to work independently and build effective working relationships with all colleagues.
• Strong supervisory, coaching, mentoring, project management, organizational, presentation and interpersonal skills.
• Ability to function in a fast-paced environment and meet tight time/deadline constraints.
• Have the ability to implement appropriate changes to rectify incidents of noncompliance.
• Must have effective communication skills to oversee consumer complaints and credit disputes and provide responses.

EDUCATION and/or EXPERIENCE: Qualified Candidates will have a bachelor’s degree in business, Finance, or a related field along with 7-10 years’ experience in compliance. Individuals with equivalent/comparable years related work experience will also be considered.

CRC (Certified Regulator Compliance) Certification, or other related compliance certification is a plus.

COMPUTER SKILLS: Microsoft Office/Adobe

LANGUAGE SKILLS: Excellent grammar and diction. Ability to read and comprehend complex instructions, correspondence, and memos. Ability to write complex correspondence. Ability to effectively present information in one-on-one and group situations to other employees of the organization.

MATHEMATICAL SKILLS: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent.

CUSTOMER SERVICE SKILLS: Using excellent customer service skills which includes maintaining a good attitude, taking ownership of meeting internal customer needs, going the “extra mile” for customers, demonstrating a commitment to sharpening skills through education and training, using positive communication, and looking for opportunities to respect customers’ time and schedules.

REASONING ABILITY: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

CERTIFICATES, LICENSES, REGISTRATIONS: N/A

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee frequently is required to reach with hands and arms. The employee is occasionally required to walk; stand; and stoop, kneel or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is a professional office environment where a conservative business dress code is in effect. The noise level in the work environment is usually moderate.

Additional work environment characteristics: 5%-10% travel may be required.