Western Alliance Bancorporation

Senior Compliance Manager

Western Alliance Bancorporation$149K — $184K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 9+ years of experience in Regulatory Compliance, Risk Management, or Internal Audit.
  • Bachelor's degree in a related field required.
  • Previous leadership experience with a balance of team management and compliance execution.
  • Advanced knowledge of banking operations and compliance obligations in mortgage banking.
  • Ability to assess compliance with extensive federal and state regulations and industry standards.
  • Strong analytical skills to identify risks and develop strategic insights for leadership.
  • Exceptional communication skills, both verbal and written, with a preferred certification as a Regulatory Compliance Manager.

Responsibilities

  • Lead and execute the Compliance Management System (CMS) and strategy for the bank.
  • Manage a team while directly contributing to complex compliance activities.
  • Conduct annual compliance risk assessments and impact assessments.
  • Partner with various stakeholders to document compliance impacts from business changes.
  • Participate in Compliance meetings, reporting on weaknesses and regulatory dependencies.
  • Lead project teams focused on enhancing the CMS robustness.
  • Serve as a subject matter expert in residential mortgage lending compliance.

Benefits

  • Competitive salaries and potential ownership stake in the company.
  • Comprehensive medical and dental insurance.
  • Generous 401k matching program.
  • Tuition assistance to support continuing education.
  • Employee volunteer and wellness programs.
  • Opportunities for professional growth through hands-on business knowledge.
Full Job Description

Job Title:

Senior Compliance Manager

Location:

CA - Westlake Village

What you'll do:

As a Senior Compliance Manager, you'll uphold the company’s values and serve as a hands-on leader responsible for both managing a team and directly executing complex compliance activities. You’ll lead the execution of the Compliance Management System (CMS) and strategy, while partnering with the business and key stakeholders to drive a strong culture of compliance and demonstrating integrity and professional judgment in protecting the interests of Western Alliance Bank. This working-manager role is expected to oversee and personably contribute to activities related to annual or periodic compliance risk assessments, impact assessments, advisory and regulatory interactions, issue management, periodic risk committee presentations and reports, and ensure adherence to the CMS or other applicable requirements. In this role you'll ensure teams adhere to all applicable CMS requirements, through effective challenge of issues, regulatory change, document reviews, and vendor reviews as they pertain to residential mortgage lending/purchasing when needed. You'll develop and implement management and board reporting, as well as reporting for applicable regulatory agencies.
  • Provide subject matter expertise and guidance related toresidential mortgage lending/purchasinglaws and regulations to strengthen processes, procedures and controls for the lines of business.
  • Partner with team members and external partners to understand and document the impact changes to product offerings and business changeshaveon the Compliance Risk Assessment.
  • Participate in Compliance Department meetings by providing topics for discussion and report on areas of weakness as well as identify regulatory dependencies, execute support for governance and any program management activities.
  • Lead working groups and project teams designed to identify and implement actions that strengthen the bank's CMS.
  • Lead and develop a teamwhile maintaining directresponsibility for complex compliance deliverables; responsible for hiring, coaching, performance management, training and development.
  • Serve as a working manager and subject matter expert by directly performing high-priority compliance activities, including regulatory impact assessments,issue validation support, advisory reviews, reporting, and effective challenge related to residential mortgage lending/purchasing.

What you'll need:

  • 9+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Previoushands-onleadership experience requiredwith demonstrated ability to balance people management responsibilities with direct execution of complex compliance work.
  • Advanced knowledge of generalbankingmortgage bankingoperations, includingsales, disclosures, processing, underwriting, closing/funding, and post-closing.
  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Ability to assess compliance with applicable federal and state statutes (TILA, RESPA, ECOA, FCRA, HPA, FDPA, etc.), program specific requirements (ARM, DSCR, Interest Only, HELOC/HEL), and regulatory requirements circulated by agencies including FNMA, FHLMC, FHA, VA, USDA, and FRB, CFPB.
  • Advanced knowledge of all activities within the scope of compliance governance and program management, including regulatory compliance as it relates to Mortgage Banking.
  • Advanced ability to identify and understand key risks, issues and trends and to develop meaningful information to be shared with leadership.
  • Advanced speaking and writing communication skills.
  • Certified Regulatory Compliance Manager is preferred.
  • Occasional travel required.

Compensation: Salary range for new hires is generally $149,295.00 - $184,425.00 for Irvine, CA. Salary range for new hires is generally $149,295.00 - $184,425.00 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.

Benefits you’ll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company that provides a range of banking and related services to businesses and individuals. The company was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance Bancorporation operates through its subsidiary banks, which include Western Alliance Bank, Bank of Nevada, and Bridge Bank. The company offers a variety of products and services, including commercial and industrial loans, real estate loans, treasury management, and wealth management. Western Alliance Bancorporation is committed to providing exceptional customer service and has received numerous awards and recognitions for its performance and growth.
Learn more about Western Alliance Bancorporation
Size
3,139 employees
Market Cap
$6.2 billion
Industry
Net Income
$506.6 million
5 Year Trend
+18.8%
NASDAQ

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