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!