Compliance Assistant Manager - Mortgage Lending

Company: Disability Solutions
Location: Irvine
Posted on: April 18, 2024

Job Description:

Job Title:Compliance Assistant Manager - Mortgage LendingLocation:CA - IrvineWhat you'll do:The Assistant Compliance Manager works under the direction of the Corporate Compliance Associate Director to oversee Mortgage Lending areas of regulatory compliance. They perform a key second line of defense role to ensure the line of business processes complies with applicable laws and regulations. The position supports overall compliance through the execution of compliance control testing programs, risk assessments, procedure and training reviews, and other line of business monitoring designed to evaluate the effectiveness of line of business practices in meeting respective regulatory compliance. Assists with developing and maintaining the compliance program to ensure the Company meets regulatory requirements in all areas. Maintains current knowledge of applicable state and federal laws and regulations pertaining to compliance and mortgage lending. Consults on design and implementation of preventative techniques to lessen the risk of non-compliance and legal exposure to the Company. Contributes to the overall strategic plan of the Compliance Department and assists with various projects as required.What we are looking for:

• Act as a liaison for Corporate Compliance CMS contacts and Mortgage Compliance Officers to ensure compliance framework requirements are integrated into the Mortgage Compliance Program, including Regulatory Change; Policies, Standards and Procedures; Testing & Monitoring; Issue Management; Risk Assessment, and role-based Compliance Training;
• Assist with maintaining mortgage-related risk and control documentation to ensure all mortgage CMS activity is based on a comprehensive and accurate library of documentation.
• Assist with compliance program reporting, including to internal groups, committees, boards, and executive management.
• Work with the Compliance Officers to ensure identification, documentation, and remediation of all compliance issues, whether noted in compliance testing or monitoring, assessments, or from external/internal audits.
• Participate as needed in the Third-Party Service Provider Programs, to ensure mortgage compliance risk is identified and assessed where needed, working with Compliance Officers where appropriate;
• Perform Clean Desk Audit
• Manage Policy and Procedure and Vendor review process.
• Perform other related duties as required and assigned.
• Demonstrate behaviors that are aligned with the organization's desired culture and values.Minimum Qualifications:
  • Prior experience and current working knowledge of federal, state, GSE (FNMA, FHLMC, HUD, VA, USDA) and CFPB regulations such as TRID, TILA, ATR/QM, RESPA, FDCPA, TCPA, etc. and other regulatory guidance, especially as applicable to mortgage lending.
  • Experience with federal regulatory requirements for Compliance Management Systems.
  • Ability to function independently and prioritize workload.
  • Must be highly proficient in Excel, Word, and PowerPoint.
  • Must be a team player with strong attention to detail and able to work independently.
  • Proven track record at delivering timely and accurate information in a fast-paced environment.
  • Excellent critical thinking, problem-solving, mathematical skills, and sound judgment.
  • Strong business acumen.
  • Ability to interface with regulators and executive management.
  • At least 6 Years of Experience preferred;
  • Education: Bachelor's Degree at minimum, advanced degree or Compliance Certification preferred.Compensation: Salary range for new hires is generally $109,436.00 - $128,749.00 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 the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Yorba Linda , Compliance Assistant Manager - Mortgage Lending, Executive , Irvine, California