Alliant Credit Union
Compliance Advisory, Sr. Manager (#Hybrid at our Chicago HQ near O'Hare Airport)
Alliant Credit Union, Chicago, Illinois, United States, 60290
In this role, you will support the consumer lending programs, primarily on residential mortgage lending, by providing consumer compliance advisory services. Assist members of the compliance advisory team and provide advisory services with regards to deposits, payments, and other areas with consumer compliance impacts. Partner with complaint management and provide consulting services to help the first line of defense understand applicable regulatory requirements and the appropriate risk-based control framework to manage compliance risk within the stated compliance risk appetite. Responsible for the development and evaluation of Compliance Management System ("CMS") components such as risk assessments, policies, procedures, issues management, controls and monitoring, and reporting for their assigned advisory support teams.Responsibilities:
Assist in risk assessments to evaluate the effectiveness of the CMS within assigned business areas and work with the first line of defense to appropriately address identified gaps.Knowledge and experience working with the requirements of TILA, TRID, RESPA, Flood Insurance laws and regulations, HPA/PMI Cancellation Act, HOEPA, and UDAAP.Support product and service development by providing compliance advice to project teams.Provide effective challenge and compliance advice through regular interaction with first line partners and risk management peers to influence outcomes regarding the CMS.Consult and advise the issues remediation teams on the comprehensiveness of issue remediation plans to ensure identification of root cause, timely restitution to impacted members, and successful updates to the CMS to prevent a recurrence.Responsible for working with regulatory exams and internal audit preparation, including assistance with fieldwork and remediation.Assist the compliance advisory leader with CMS enhancements across the organization.Partner with complaint management and marketing teams to review materials and advise on compliance risk such as marketing materials, complaint documentation, supporting information or evidence.Participate on project teams to serve as a trusted advisor to the various product and service teams.Qualifications:
Education:Bachelors Degree - Business or related - Minimum.Graduate Degree - Juris Doctor - Preferred.Years of Experience:8 years - Financial Institution Compliance or Related - Minimum.In Lieu of Education:10 years - Financial Institution Compliance.License/Certifications/Training:
Preferred: Certified Regulatory Compliance Manager (CRCM) or Credit Union Compliance Expert (CUCE).You will benefit from:Competitive medical, dental, and free vision benefits.Paid parental leave.Competitive compensation plan.Gym memberships discounts.Generous PTO and banking holidays off.Tuition reimbursement.401k with immediate employer match and vesting.Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
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Assist in risk assessments to evaluate the effectiveness of the CMS within assigned business areas and work with the first line of defense to appropriately address identified gaps.Knowledge and experience working with the requirements of TILA, TRID, RESPA, Flood Insurance laws and regulations, HPA/PMI Cancellation Act, HOEPA, and UDAAP.Support product and service development by providing compliance advice to project teams.Provide effective challenge and compliance advice through regular interaction with first line partners and risk management peers to influence outcomes regarding the CMS.Consult and advise the issues remediation teams on the comprehensiveness of issue remediation plans to ensure identification of root cause, timely restitution to impacted members, and successful updates to the CMS to prevent a recurrence.Responsible for working with regulatory exams and internal audit preparation, including assistance with fieldwork and remediation.Assist the compliance advisory leader with CMS enhancements across the organization.Partner with complaint management and marketing teams to review materials and advise on compliance risk such as marketing materials, complaint documentation, supporting information or evidence.Participate on project teams to serve as a trusted advisor to the various product and service teams.Qualifications:
Education:Bachelors Degree - Business or related - Minimum.Graduate Degree - Juris Doctor - Preferred.Years of Experience:8 years - Financial Institution Compliance or Related - Minimum.In Lieu of Education:10 years - Financial Institution Compliance.License/Certifications/Training:
Preferred: Certified Regulatory Compliance Manager (CRCM) or Credit Union Compliance Expert (CUCE).You will benefit from:Competitive medical, dental, and free vision benefits.Paid parental leave.Competitive compensation plan.Gym memberships discounts.Generous PTO and banking holidays off.Tuition reimbursement.401k with immediate employer match and vesting.Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
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