Lending Compliance & Risk Officer

As the Lending Compliance & Risk Officer, you will be responsible for establishing, implementing and maintaining risk management standards and programs to drive compliance with all applicable state and federal laws and regulations. This person will collaborate with internal and external stakeholders to ensure processes, systems and controls are in place to effectively manage risk and meet regulatory expectations.

Our ideal candidate brings demonstrated regulatory subject matter expertise across multiple consumer lending products (unsecured and secured) and is a problem solver, capable of assessing risks associated with complex business initiatives and providing recommendations/solutions to business stakeholders for mitigating the risk.

The successful candidate will also have excellent communication skills, an ability to thrive on learning new things and strong collaboration skills.

What you’ll do:

• Provides strategic direction and guidance to line of business senior leaders regarding applicable laws, rules, regulations, enterprise standards and industry best practices
• Executes Compliance and Risk Program requirements such as regulatory change management, risk assessments, issue management, third party risk management, training, metrics and reporting
• Embraces a strong risk culture that identifies and provides oversight, credible challenge and escalation of existing and emerging risks and issues
• Monitors and coordinates the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters
• Provides subject matter expertise to business partners on how to mitigate compliance and operational risks
• Provides compliance and risk management expertise and consulting for projects and initiatives with moderate to high risk
• Identifies strategies to effectively monitor and analyze data (i.e. complaints, quality assurance results, etc.) to identify potential compliance and operational risks
• Identifies and recommends opportunities to improve processes that mitigate risk
• Develops of policies, procedures, and job aids
• Expert in reviewing marketing collateral to ensure it is in alignment with internal guidelines
• Leads the collection of information and responding to audit and exam requests
• Provides direction to the business with conducting root cause analysis, developing corrective action plans and effectively managing regulatory change
• Design and oversee implementation of compliance and risk programs

Requirements

What you’ll bring:

• Bachelor’s degree or equivalent experience
• 7+ years financial services compliance, risk management or audit experience with increasing levels of responsibility
• 5 + years experience operating within a Compliance Management System, Operational Risk Management Program, or similar and leading one or more program elements
• Prior experience interacting with external regulators and third party audit providers
• Strong interpersonal, communication and influencing skill, including the ability to indirectly influence others outside your department
• Able to communicate effectively, collaborate with others, solve problems creatively and demonstrate high integrity
• Strong analytical and critical thinking skills, with attention to detail and accuracy. Ability to identify root causes, develop tactical and strategic solutions
• Collaborative, able to influence, negotiate and solve problems with business partners and expert teams across the organizational lines
• Strong project management skills, with a proven ability to coordinate across departments and functions
• Self-starter, willing to take ownership and drive initiatives to resolution while reporting appropriately on progress made and escalating when difficulties are encountered
• 7+ years of experience working with applicable laws, rules, and regulations, how they apply to products and services; ability to identify potential gaps or deficiencies related to the regulatory requirements, assess the level of risk and design solutions to resolve the identified gaps
• Strict attention to detail; ability to produce quality work products without mistakes and discrepancies; Ability to review work products produced by others to ensure accuracy
• Ability to thrive in a fast-paced, matrixed work environment
• Strong computer skills, specifically Microsoft Office products

PREFERRED QUALIFICATIONS:

• CRCM