Compliance Officer – Consumer Lending Originations

KeyBank•Brooklyn, OH

1d•$71,000 - $125,000•Hybrid

About The Position

The Compliance Officer will be a member of the Consumer Lending Compliance team within Compliance Risk Management. The Compliance Officer will provide support to various lines of business by researching, interpreting and assisting with applying the assigned laws and regulations to each applicable line of business. 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 and monitoring 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 ability to work independently and collaboratively in a regulatory environment
Relevant certifications in compliance, auditing, or risk management (preferred)
Demonstrated knowledge and understanding of ECOA, TILA, FCRA, MLA, E-SIGN, UDAAP and other consumer protection regulations.
Ability to comprehend and interpret federal and state laws that apply to the consumer and commercial lines of business.
Staying current with regulatory changes and industry best practices.
Ability to identify and accurately rate/prioritize risks, including the ability to develop creative risk mitigation techniques that keep the bank within its risk appetite while achieving relevant business goals.
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.
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 analytical and resourceful problem solving skills.
Strong attention to detail.

Responsibilities

For assigned lines of business and/or regulations, serve as the corporate subject matter expert across the designated lines of business.
Develop relationships of trust and confidence with the designated lines of business.
Demonstrate working knowledge of banking/consumer compliance regulations and laws, and apply this to risk management strategies.
Provide oversight and monitoring of line of business processes and controls.
Work proactively and collaboratively with the line of business to identify process improvements or control gaps and facilitate necessary associated changes.
Keep abreast of new laws and regulations.
Assist with regulatory compliance exams.
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.
Pursue training and continuing education to stay current on regulatory compliance and industry trends.
Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.