A Compliance Officer or Analyst monitors internal compliance with company policies and also company compliance with local, state and federal laws. Reviews company documents, including contracts and marketing materials; communicates with employees and develops training and internal policy materials.
Senior Compliance Officer Western Alliance Bank - 3.3 Westlake Village, CA Job Details Full-time 4 hours ago Benefits Wellness program Health insurance Dental insurance Tuition reimbursement 401(k) matching Qualifications Commercial banking expertise Compliance with loan regulations Writing skills Mortgage compliance Industry knowledge of banking risk management Employee relationship building Microsoft Office High school diploma or
GED Full Job Description Job Title:
Senior Compliance Officer Location:
CA - Westlake Village What you'll do: As a Senior Compliance Officer in the Second Line of Defense, you'll review and analyze information, reports or data to determine if the applicable process is in compliance with internal policy or regulations and provide effective challenge to the business where applicable. You'll assist management with development, maintenance, and support of the Compliance Management System (CMS), particularly related to mortgage servicing related compliance oversight. In this role you'll provide subject matter advice, oversight, and guidance on applicable bank policies, compliance interpretation, risk assessments, issue management, policy and procedure review, controls evaluation, exam management, data management, and other risk mitigation activities. You'll collaborate with all lines of defense departments to support adherence to regulatory commitments and the development of enhanced monitoring and controls to mitigate compliance risk. Interpret and effectively communicate compliance management information, identify the root cause(s) of potential compliance risk, provide advice on addressing risk and strengthening controls, as well as provide periodic reports to management. Monitor the progress of compliance issues, analyze risk mitigation strategies and tactics, and validate effectiveness of corrective action plans by the line of business. Identify opportunities for improvement in the design and effectiveness of compliance controls as appropriate for first line business units, issue final reports and communicate results in writing to first line management or risk committees. What you'll need: 2+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field; experience with mortgage servicing compliance programs preferred. High school diploma required; Bachelor's degree in related field preferred. Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services; experience with mortgage servicing related processes including default and non-default and subservicing oversight preferred. Intermediate knowledge of applicable mortgage servicing-related regulatory and legal compliance obligations, rules and regulations, industry standards and practices. Intermediate understanding of MS Office. Intermediate ability to foster and build relationships to achieve a common goal. Intermediate speaking and writing communication skills. Benefits you'll love: We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
