Compliance Officer - Home Lending Compliance

KeyBank•Brooklyn, OH

3d•$71,000 - $125,000•Hybrid

About The Position

The Home Lending Compliance Officer will be a member of the Home Lending Compliance team within Compliance Risk Management. They will provide support to the Mortgage and Home Equity Origination lines of business by researching, interpreting, and assisting with applying the assigned laws and regulations to each applicable line of business processes and systems. They will provide consultative advice to applicable lines of business related to compliance, 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 required; substantial industry experience may be substituted for a Bachelor’s degree; CRCM preferred.
Minimum 3 years of experience as a financial services compliance professional, Home Lending Origination, Audit- or other comparable experience.
Demonstrated knowledge of mortgage and home equity originations including the related rules and regulations to include: TILA, RESPA, FCRA, ECOA and other consumer protection regulations.
Practical knowledge of internal controls, risk assessments and compliance processes, and applicable techniques for implementation of regulatory requirements.
Established relationship management skills.
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 and the ability to communicate up and across the organization.
Strong research skills coupled with strong problem solving/analytical skills.
Strong attention to detail.

Responsibilities

For the Home Lending Origination line of business, serve as the corporate compliance subject matter expert.
Demonstrate working knowledge of banking/consumer compliance laws and regulations and apply them to risk management strategies.
Develop relationships of trust and confidence with the lines of business.
Provide second line of defense oversight and monitoring of processes and controls, identify improvements and facilitate necessary changes.
Document testing results in concise management reports and escalate significant risks.
Review policies and procedures for consistency with current banking and securities regulations.
Educate and provide consultative advice on various regulations.
Provide independent review and challenge to various business activities.
Participate in various projects related to mitigating risk to Key.
Ensure that systems utilized by lines of business function in a compliant manner.