Compliance Officer - Consumer Deposit

Keybank National Association•Albany, NY

70d•$71,000 - $122,000•Onsite

About The Position

The Compliance Officer will be a member of the Consumer Deposit Compliance team within Compliance Risk Management. The Compliance Officer will provide subject matter expertise of federal regulations and second line of defense oversight to various lines of business. Additionally, the Compliance Officer will conduct compliance monitoring and testing to ensure compliance risks are mitigated according to Key's Risk & Control Self-Assessment (RCSA) Procedures and applicable policies. As subject matter expert for their assigned laws and regulations, the Compliance Officer will provide consultative advice across all lines of business related to compliance. The Compliance Officer will perform oversight activities and assume responsibility for mitigating and discouraging actions that may expose KeyCorp and its affiliates to risk outside its desired risk appetite.

Requirements

Bachelor's Degree or equivalent work experience; Juris Doctorate or CRCM preferred.
Minimum 3 years of experience as a financial services compliance professional, bank regulator or other comparable legal experience.
Demonstrated knowledge of the banking industry, particularly deposit product offerings and the systems supporting them.
Ability to comprehend and interpret federal and state laws that apply to the designated lines of business and other areas related to Regulations E, CC, DD, and D, Electronic Signatures in Commerce, UDAAP, deposit insurance coverage (12 CFR 330), Joint Guidance on Overdraft Protection Programs, and other social media or advertising requirements.
Strong relationship management and leadership skills.
Candidate must possess the wherewithal and flexibility to undertake new functions/tasks as the Compliance Risk and line of business evolves and grows.
Proven ability to work in a team environment.
Compliance monitoring and testing skills.
Sound decision-making skills; able to make decisions independently and quickly.
Solid written and oral communication skills.
Sound understanding of compliance risks.
Strong research skills coupled with strong problem solving/analytical skills.
Strong attention to detail.

Responsibilities

Provide subject matter expertise to the first line of defense for the development of new products and/or processes
Provide ongoing second line of defense support to existing processes, procedures and enhancements.
Conduct compliance monitoring to proactively identify process improvements or control gaps and facilitate necessary changes.
Develop relationships of trust and confidence with the designated lines of business.
Provide oversight and monitoring of line of business processes, risks and controls.
Keep abreast of new laws, regulations and enforcement actions. Conduct applicable gap analyses and facilitate necessary changes.
Assist with internal and external regulatory compliance exams/audits.
Assist with corporate policy and training development.
Educate and provide consultative advice on assigned regulations.
Provide independent review and challenge on various line of business activities.
Participate in or lead various projects related to mitigating risk to Key.