Compliance manager - consumer
Location:
4910 Tiedeman Road - Brooklyn, Ohio 44144 JOB BRIEF The Compliance Manager will be a member of the Consumer Deposit Compliance team within Compliance Risk Management. They will provide subject matter expertise of federal regulations and second line of defense oversight to various lines of business, with a focus on deposit servicing functions. Additionally, the Compliance Manager will conduct compliance monitoring and testing to ensure compliance risks are mitigated according to Key's Risk & Control Self-Assessment (RCSA) Procedures and applicable policies. The Compliance Manager will research, interpret and assist with applying laws and federal regulations to each applicable line of business processes and systems. Essential Job Functions- Provide subject matter expertise to the first line of defense, including support of consumer servicing functions across the enterprise. Oversight of first line of defense functions responsible for management of technology/applications supporting deposit products is also applicable for mitigation of compliance risk.
- Conduct compliance monitoring to proactively identify process improvements or control gaps and facilitate necessary changes.
- Provide strong oversight to the first line of defense for timely and sustainable remediation of findings, including completion of second line of defense verification activities.
- Assist with internal and external regulatory compliance exams/audits.
- Develop relationships of trust and confidence with the designated lines of business.
- Provide oversight and monitoring of line of business processes, risks and controls.
- Keep abreast of new laws, regulations and enforcement actions. Conduct applicable gap analyses and facilitate necessary changes.
- Assist with corporate policy and training development.
- Educate and provide consultative advice on assigned regulations.
- Provide independent review and challenge on various line of business activities.
- Participate in or lead various projects related to mitigating risk to Key.
- Bachelor’s Degree required; Juris Doctorate or Certified Regulatory Compliance Manager (CRCM) preferred.
- Minimum 5 years of experience as a financial services compliance professional, bank regulator or other comparable legal experience.
- Demonstrated knowledge of the banking industry, particularly as it relates to deposit product servicing and related systems.
- Demonstrated knowledge of federal laws and regulations that apply to the designated lines of business including, but not limited to, Regulations E, CC, DD, D, V, E-Sign Act, and UDAAP. Experience with application of consumer protection state laws is also preferred.
- Strong verbal and written communication skills; ability to work with all levels of management with a focus on collaboration and relationship management.
- Autonomous, self-motivated, and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment.
- Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.
- Proven ability to work well in a team environment.
- Strong risk assessment, monitoring, and testing skills.
- Sound decision-making skills; able to make decisions independently and quickly.
- Strong research skills coupled with strong problem solving/analytical skills.
- High level of attention to detail.
- Desire for continuous learning, including utilization of technology for increased efficiency.
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