Commercial Business Risk and Compliance Manager

About This Role

Manage commercial lending risk and compliance by developing and implementing procedures, assessing control frameworks, and providing expert advice. Serve as a subject matter expert for commercial lending laws and regulations.

Responsibilities

• Assess controls frameworks throughout commercial business lines for adequacy against enterprise-wide 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
• Develop or enhance control testing standards and monitoring tools to evaluate 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 introduction/modification of new products and 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 a variety of risk and compliance projects and initiatives
• Respond to a variety of queries from business line staff, and other internal parties regarding commercial risk and compliance initiatives
• Responsible for data accuracy of CRA and HMDA reportable loans, ensuring no lapses in flood insurance coverage, and preparing flood letters for the commercial lending division

Requirements

• Strong oral and written communication skills
• In-depth and up-to-date knowledge of commercial lending regulations and trends
• Ability to design and document procedures and controls
• Bachelor's degree or equivalent in Business or Finance preferred
• 8-10 years' experience in financial services with audit, risk management, compliance, or commercial lending processes experience
• Proficiency in Microsoft Office

Qualifications

• Bachelor’s degree or the equivalent combination of education and experience; Business or Finance degree preferred
• 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

• Large-bank experience (> $10B)
• Current Certified Regulatory Compliance Manager (CRCM) certification
• Smartsheet and other project and reporting tools

Skills

* Required skills

Benefits

Certifications