Wright-Patt Credit Union
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Manager, Lending Compliance
role at
Wright-Patt Credit Union
Compliance
Location: 3560 Pentagon Blvd, Beavercreek, Ohio
Classification: Exempt (Salary)
Work Type: Variable | Position Type: Full-Time/Regular
The Manager, Lending Compliance is responsible for leading a team of compliance advisors in supporting assigned business units in complying at all times with applicable laws, regulations, and rules, including but not limited to TIL (Regulation Z), RESPA, Flood, ECOA (Regulation B) and UDAAP. Evaluates the effectiveness of credit union controls intended to mitigate lending compliance and other risks. Ensures that all required lending related compliance policies are in force and reviewed periodically for adequateness. Directs and coordinates procedural updates related to compliance issues, participates in business line projects and meetings to provide compliance support, manages lending-related compliance issues, and responds to compliance questions. Collaborates with compliance advisors to address compliance testing findings, regulatory change impacts, and business unit process risk assessments.
Key Responsibilities
Oversight of Lending Compliance: Serves as subject matter expert and senior compliance advisor for all applicable lending compliance laws, rules, and regulations. Oversees and manages compliance advisors who support assigned business units in complying with applicable laws, regulations, and rules, and having appropriate operating controls to mitigate compliance risk.
Staff Management: Supervises Lending Compliance Advisors including overall performance, conducting employee performance appraisals, employee coaching, training, and professional development.
Project Participation: Participates in projects and supports compliance advisors with projects they participate in. This includes review of business cases, project charters, and implementing process or product changes that affect lending compliance.
Product & Service Review: Reviews product and service disclosures and advertising materials for compliance with applicable rules.
Member Complaints: Assists with member complaints as needed.
Regulatory Analysis: Analyzes new laws and regulations, developing industry and compliance trends, and emerging compliance risks, and provides recommended changes to policies, procedures, or business line controls.
Knowledge Maintenance: Maintains a strong working knowledge of all regulatory compliance and consumer protection laws, regulations, regulatory guidance, and industry best practices.
Escalation Point: Serves as the lending compliance escalation point to ensure effective and timely communication of any concerns or issues to the Director, Lending Compliance and then to senior management.
Audits & Examinations: Participates in regulatory compliance audits and/or examinations, as needed.
Performance Reporting: Submits periodic compliance performance reports to management, as needed.
Required Skills & Qualifications
A Bachelor’s degree in a business or legal discipline.
At least 10+ years’ experience in a depository financial institution with at least 8 years’ experience in a compliance role.
Ability to think intuitively and strategically to anticipate, plan, and effectively execute to mitigate compliance risk.
Highly developed managerial, communications, analytical, organizational, and strategic planning skills.
Strong problem-solving skills from multiple perspectives.
Previous experience leading a team or prior management experience required.
Excellent written and verbal communication skills.
CRCM, CUCO, or equivalent certification is strongly preferred.
Seniority Level: Mid-Senior level Employment Type: Full-time Job Function: Finance and Sales #J-18808-Ljbffr
Manager, Lending Compliance
role at
Wright-Patt Credit Union
Compliance
Location: 3560 Pentagon Blvd, Beavercreek, Ohio
Classification: Exempt (Salary)
Work Type: Variable | Position Type: Full-Time/Regular
The Manager, Lending Compliance is responsible for leading a team of compliance advisors in supporting assigned business units in complying at all times with applicable laws, regulations, and rules, including but not limited to TIL (Regulation Z), RESPA, Flood, ECOA (Regulation B) and UDAAP. Evaluates the effectiveness of credit union controls intended to mitigate lending compliance and other risks. Ensures that all required lending related compliance policies are in force and reviewed periodically for adequateness. Directs and coordinates procedural updates related to compliance issues, participates in business line projects and meetings to provide compliance support, manages lending-related compliance issues, and responds to compliance questions. Collaborates with compliance advisors to address compliance testing findings, regulatory change impacts, and business unit process risk assessments.
Key Responsibilities
Oversight of Lending Compliance: Serves as subject matter expert and senior compliance advisor for all applicable lending compliance laws, rules, and regulations. Oversees and manages compliance advisors who support assigned business units in complying with applicable laws, regulations, and rules, and having appropriate operating controls to mitigate compliance risk.
Staff Management: Supervises Lending Compliance Advisors including overall performance, conducting employee performance appraisals, employee coaching, training, and professional development.
Project Participation: Participates in projects and supports compliance advisors with projects they participate in. This includes review of business cases, project charters, and implementing process or product changes that affect lending compliance.
Product & Service Review: Reviews product and service disclosures and advertising materials for compliance with applicable rules.
Member Complaints: Assists with member complaints as needed.
Regulatory Analysis: Analyzes new laws and regulations, developing industry and compliance trends, and emerging compliance risks, and provides recommended changes to policies, procedures, or business line controls.
Knowledge Maintenance: Maintains a strong working knowledge of all regulatory compliance and consumer protection laws, regulations, regulatory guidance, and industry best practices.
Escalation Point: Serves as the lending compliance escalation point to ensure effective and timely communication of any concerns or issues to the Director, Lending Compliance and then to senior management.
Audits & Examinations: Participates in regulatory compliance audits and/or examinations, as needed.
Performance Reporting: Submits periodic compliance performance reports to management, as needed.
Required Skills & Qualifications
A Bachelor’s degree in a business or legal discipline.
At least 10+ years’ experience in a depository financial institution with at least 8 years’ experience in a compliance role.
Ability to think intuitively and strategically to anticipate, plan, and effectively execute to mitigate compliance risk.
Highly developed managerial, communications, analytical, organizational, and strategic planning skills.
Strong problem-solving skills from multiple perspectives.
Previous experience leading a team or prior management experience required.
Excellent written and verbal communication skills.
CRCM, CUCO, or equivalent certification is strongly preferred.
Seniority Level: Mid-Senior level Employment Type: Full-time Job Function: Finance and Sales #J-18808-Ljbffr