Commercial Business Risk and Compliance Manager

About This Role

Manage commercial lending risk and compliance by developing, updating, and facilitating business procedures. Serve as a subject matter expert for commercial lending laws and regulations, providing consultative advice across commercial lending processes.

Responsibilities

• Assess controls frameworks throughout commercial business lines for adequacy against the Company’s enterprise-wide controls framework, emphasizing regulatory compliance controls
• Provide recommendations for improvements where deficiencies are identified and monitor resolution/implementation
• Provide guidance to business line staff to ensure control design and/or enhancement objectives adequately mitigate risk efficiently
• Develop or enhance control testing standards and monitoring tools to evaluate the design and operating effectiveness of key controls
• Function as a liaison between the second line of defense and business lines to ensure appropriate coordination on commercial-related changes in law and regulation
• Support change management necessitated by new legislation/regulations or the introduction/modification of products/services
• Provide direct assistance to business lines in support of enterprise-wide efforts to identify, assess, measure, monitor, and report risk
• Create and maintain reporting that captures the status of risk and compliance projects and initiatives
• Respond to queries from business line staff and other internal parties related to commercial risk and compliance initiatives
• Ensure data accuracy of CRA and HMDA reportable loans, no lapses in flood insurance, and preparation of flood letters for commercial lending

Requirements

• 8-10 years’ experience in financial services with an audit, risk management or compliance background
• Experience with commercial lending processes, credit risk processes and compliance requirements
• In-depth and up-to-date knowledge of commercial lending regulations and trends
• Proficiency in Microsoft Office

Qualifications

• Bachelor’s degree or the equivalent combination of education and experience
• 8-10 years’ experience in financial services with an audit, risk management or compliance background and/or experience with commercial lending processes, credit risk processes and compliance requirements

Nice to Have

• Business or Finance degree
• Large-bank experience (> $10B)
• Smartsheet and other project and reporting tools

Skills

* Required skills

Benefits

Certifications