Senior Compliance Officer

3 Locationssenior

Legal & ComplianceCompliance Specialist

1 views0 saves0 applied

Apply Now

Quick Summary

Key Responsibilities

As a Senior Compliance Officer in the Second Line of Defense, you'll review and analyze information,

Technical Tools

Legal & ComplianceCompliance Specialist

Senior Compliance Officer

CA - Westlake Village

Responsibilities

~2 min read

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.

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.
Regulatory experience in RESPA, TILA, FCRA, SCRA, FDCPA, FDPA, ECOA, and UDAAP is required.
Regulatory experience in EFTA, E-SIGN, HPA, HCA, PTFA, and State Mortgage Servicing Requirement are nice to haves.
Experience developing or performing risk-based compliance monitoring, evaluating controls, identifying potential compliance gaps, and providing effective challenge would be a strong preference.
Experience with compliance monitoring is required
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.

Compensation: Salary range for new hires is generally $92,450.00 - $114,203.33 for Irvine, CA. Salary range for new hires is generally $92,450.00 - $114,203.33 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

What We Offer

~1 min read

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.