Compliance Consultant - Contract to Hire

Western Alliance Bank; Phoenix (AZ); On-site; USD 92,000 - 114,000; Full time

Benefits offered by this job

Competitive salary

Ownership stake

Medical and dental insurance

Paid time off

401k matching program

Tuition assistance

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank is seeking a Compliance Consultant for a Contract to Hire arrangement to join our team. You will review information to ensure compliance with applicable policies and regulations and support the Compliance Management System across lines of defense.

You will interpret compliance data, monitor issue remediation, and communicate findings to management, while helping strengthen controls and regulatory reporting.

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, etc.), program specific requirements (ARM, DSCR, Interest Only, HELOC/HEL), and regulatory requirements circulated by agencies including FNMA, FHLMC, FHA, VA, USDA, and FRB, CFPB
• Intermediate knowledge of general mortgage lending compliance and operations, including issue management, regulatory change management, and document review activities applicable to residential retail and correspondent mortgage lending. Wholesale lending is a plus
• 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.

Responsibilities

• Interpret and effectively communicate compliance management information, identify the root cause(s) of potential compliance risk, provide advice on addressing risk and strengthening controls, as well as provide periodic reports to management.
• Monitor the progress of compliance issues, analyze risk mitigation strategies and tactics, and validate effectiveness of corrective action plans by the line of business.
• Identify opportunities for improvement in the design and effectiveness of compliance controls as appropriate for first line business units, issue final reports and communicate results in writing to first line management or risk committees.

Skills

Regulatory Compliance

Risk Management

Internal Audit

Documentation review

Education

Bachelor's degree

Tools

MS Office

Job description

Job Title

Compliance Consultant - Contract to Hire

Location

CityScape

What You’ll Do

As a Senior Compliance Officer you'll review and analyze information, reports or data to determine if the applicable process is in compliance with internal policy or regulations. You'll assist management with development, maintenance, and support of the Compliance Management System (CMS). In this role you'll provide subject matter advice, oversight, and guidance on applicable bank policies, compliance interpretation, risk assessments, issue management, policy and procedure review, controls evaluation, exam management, data management, and other risk mitigation activities. You'll collaborate with all lines of defense departments to support adherence to regulatory commitments and the development of enhanced monitoring and controls to mitigate compliance risk.

• Interpret and effectively communicate compliance management information, identify the root cause(s) of potential compliance risk, provide advice on addressing risk and strengthening controls, as well as provide periodic reports to management.
• Monitor the progress of compliance issues, analyze risk mitigation strategies and tactics, and validate effectiveness of corrective action plans by the line of business.
• Identify opportunities for improvement in the design and effectiveness of compliance controls as appropriate for first line business units, issue final reports and communicate results in writing to first line management or risk committees.

What You’ll Need

• 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, etc.), program specific requirements (ARM, DSCR, Interest Only, HELOC/HEL), and regulatory requirements circulated by agencies including FNMA, FHLMC, FHA, VA, USDA, and FRB, CFPB
• Intermediate knowledge of general mortgage lending compliance and operations, including issue management, regulatory change management, and document review activities applicable to residential retail and correspondent mortgage lending. Wholesale lending is a plus
• 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.

Compensation: Salary range for new hires is generally $92,450.00 - $114,203.33 for Westlake Village, CA. Salary amount is determined by specific job location.

Benefits You’ll Love

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands‑on experience to help grow your career!

About The Company

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation