KeyBank Compliance Officer - Home Lending in Buffalo, New York
Compliance Officer - Home LendinginBuffalo, NYatKeyBank
Date Posted: 2/23/2021
Employee Type: Full-Time
Location: Buffalo, NY
Date Posted: 2/23/2021
Headquartered in Cleveland, Ohio, KeyCorp (Key) is one of the nation s largest financial services companies. Key provides investment management, retail and commercial banking, consumer finance and investment banking products to individuals and companies throughout the United States and, for certain businesses, internationally.
Our goal is to be the best regional bank in the U.S. What that means is we put our clients needs first and take a customized approach to meeting those needs. At Key we ve made a promise to our clients that they will always have a champion in us. To deliver on that promise, we re committed to building a team of engaged employees who do the right thing for our clients and help them achieve their financial goals each and every day.
Essential Job Functions:
Serve as the corporate subject matter expert for real estate matters across the designated lines of business.
Partner with other members of the second line of defense and designated lines of business to identify risks, develop and execute assessments, provide guidance on control and testing design and execution, and advise on and monitor findings and associated remediation activities.
Provide oversight and monitoring of line of business processes and controls.
Proactively identify process improvements or control gaps and facilitate necessary associated changes.
Research, interpret and assist in applying laws, regulations and regulatory guidance to relevant business processes.
Assist in the identification of training opportunities and course development.
Address regulatory actions and other regulatory communications, following up and monitoring until satisfactory resolution is obtained.
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.
Develop and maintain collaborative working relationships with internal clients, staff, peers, and senior management.
Identify, respond to and/or escalate risks as appropriate.
Bachelor s Degree required; substantial industry experience may be substituted for a Bachelor s Degree; Juris Doctorate or CRCM preferred.
3-5 years of experience as a financial services compliance professional, bank regulator or other comparable legal experience.
Demonstrated knowledge of real estate related regulations or guidance as well as the related rules and regulations of the financial services industry to include: OCC, FDIC, FRB, CFPB, state law and other pertinent laws for First Mortgage and Home Equity loans and lines.
In-depth practical knowledge of internal controls, risk assessments and compliance processes, and applicable techniques for implementation of regulatory, compliance and legal requirements and compliance processes
Ability to comprehend, interpret and analyze federal and state real estate related laws to assist the designated line of business in assessing risk.
Strong relationship management and leadership skills coupled with a proven ability to work in a team environment
Candidate must possess the ambition and flexibility to undertake new functions/tasks as Compliance Risk and the line of business evolves and grows.
Sound decision-making skills; ability to make decisions independently and quickly.
Detail oriented with solid written and oral communication skills.
Sound understanding of compliance risks.
Strong research skills coupled with strong problem solving/analytical skills.
Proven ability to address multiple deadlines and priorities.
FLSA STATUS: Exempt
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.