Compliance Consultant – Contract to Hire

Jobtailor; Arizona; On-site; USD 60,000 - 90,000; Full time

Job summary

Jobtailor in Arizona seeks a Compliance Professional to review information for policy compliance, assist with CMS maintenance, and provide guidance on bank policies and risk assessments.

You will collaborate across lines of defense, communicate compliance information, and help strengthen controls while monitoring issues and tracking corrective actions.

Candidates should have 2+ years in regulatory compliance or related fields and a high school diploma; a Bachelor's is preferred.

Qualifications

• 2+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field.
• High school diploma required; Bachelor's degree in related field preferred.
• Ability to assess compliance with applicable federal and state statutes (TILA, RESPA, ECOA, FCRA, HPA, FDPA).
• Knowledge of program-specific requirements (ARM, DSCR, Interest Only, HELOC/HEL).
• Knowledge of regulatory requirements from FNMA, FHLMC, FHA, VA, USDA, and FRB, CFPB.

Responsibilities

• Review information, reports, or data to determine compliance with internal policy or regulations.
• Assist management with development, maintenance, and support of the Compliance Management System (CMS).
• Provide subject matter advice, oversight, and guidance on bank policies, compliance interpretation, risk assessments, issue management, policy review, controls evaluation, exam management, data management, and risk mitigation.
• Collaborate with all lines of defense departments to support regulatory commitments and develop enhanced monitoring and controls.
• Interpret and communicate compliance management information.
• Identify root causes of potential compliance risks.
• Advise on addressing risks and strengthening controls.
• Provide periodic reports to management.
• Monitor compliance issues and analyze risk mitigation strategies and tactics.
• Validate the effectiveness of corrective action plans.
• Identify opportunities to improve compliance control design and effectiveness.
• Issue final reports and communicate results to first-line management or risk committees

Skills

Regulatory Compliance

Risk Management

CMS

Mortgage Lending

Federal/State Statutes

Education

High School Diploma

Bachelor's degree preferred

Tools

MS Office

Job description

• Review and analyze information, reports, or data to determine compliance with internal policy or regulations
• Assist management with development, maintenance, and support of the Compliance Management System (CMS)
• Provide subject matter advice, oversight, and guidance on bank policies, compliance interpretation, risk assessments, issue management, policy and procedure review, controls evaluation, exam management, data management, and risk mitigation
• Collaborate with all lines of defense departments to support regulatory commitments and develop enhanced monitoring and controls
• Interpret and communicate compliance management information
• Identify root causes of potential compliance risks
• Advise on addressing risks and strengthening controls
• Provide periodic reports to management
• Monitor compliance issues and analyze risk mitigation strategies and tactics
• Validate the effectiveness of corrective action plans
• Identify opportunities to improve compliance control design and effectiveness
• Issue final reports and communicate results to first-line management or risk committees

Requirements

• 2+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field
• High school diploma required; Bachelor's degree in related field preferred
• Ability to assess compliance with applicable federal and state statutes, including TILA, RESPA, ECOA, FCRA, HPA, and FDPA
• Knowledge of program-specific requirements including ARM, DSCR, Interest Only, HELOC/HEL
• Knowledge of regulatory requirements from FNMA, FHLMC, FHA, VA, USDA, and FRB, CFPB
• Intermediate knowledge of general mortgage lending compliance and operations
• Knowledge of issue management, regulatory change management, and document review activities applicable to residential retail and correspondent mortgage lending
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
• Intermediate understanding of MS Office
• Intermediate ability to foster and build relationships to achieve a common goal
• Intermediate speaking and writing communication skills

Core Competencies

Demonstrates expertise in Regulatory Compliance and Risk Management, with a strong ability to assess compliance with federal and state statutes. Proficient in developing and maintaining Compliance Management Systems while effectively communicating compliance information and fostering relationships across departments.

Highest-signal resume keywords

• Regulatory Compliance
• Risk Management
• Compliance Management System (CMS)
• Federal and State Statutes
• Mortgage Lending Compliance

Hard Skills

• Compliance Analysis
• Risk Assessment
• Policy Review
• Controls Evaluation
• Data Management
• Corrective Action Plans
• Regulatory Change Management
• Document Review
• Issue Management
• Compliance Reporting

Soft Skills

• Communication Skills
• Relationship Building
• Collaboration

Industry Keywords

• TILA
• RESPA
• ECOA
• FCRA
• HPA
• FDPA
• FNMA
• FHLMC
• FHA
• VA

Tools & Technologies

• MS Office