Compliance Manager

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Competitive salary

Ownership stake in the company

Medical and dental insurance

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank, a Western Alliance Bancorporation subsidiary, seeks a Compliance Manager to oversee compliance risk management for residential mortgage lending. You will guide the 2LOD function, advise the business on federal and state mortgage rules, and support issue management, regulatory changes, and controls evaluation.

The role may lead a team and requires strong communication skills and extensive regulatory knowledge; travel is possible.

Qualifications

• 7+ years of experience in Regulatory Compliance, Risk Management, or similar fields.
• Ability to assess compliance with federal/state mortgage laws and agency requirements.
• Strong leadership potential and experience supervising teams is preferred.
• Advanced written and verbal communication skills for diverse audiences.

Responsibilities

• Oversee compliance risk management for residential mortgage lending operations.
• Provide regulatory guidance and support issue management and regulatory change initiatives.
• Review policies and training to ensure regulatory alignment and control expectations.
• May lead and develop a team including coaching and performance management.

Skills

Regulatory knowledge

Risk management

Leadership

Communication (verbal & written)

Regulatory change management

Issue management

Vendor/document review

Education

Bachelor's degree

Tools

Certified Regulatory Compliance Manager

Job description

Job Title:

Compliance Manager

Location:

CityScape

What you'll do:

As a Compliance Manager you'll oversee compliance risk management activities related to the bank's residential mortgage lending operations. This role indirectly oversees other compliance professionals, collaborates with first, second, and third line of defense departments partners with business lines to ensure compliance with applicable federal and state mortgage laws and regulations. The Compliance Manager serves as a trusted advisor to the business, providing regulatory guidance, conducting compliance assessments, supporting issue management and regulatory change initiatives, and evaluating the effectiveness of controls designed to mitigate compliance risk.
This position operates within the Second Line of Defense (2LOD) Compliance function and helps ensure the organization maintains a strong compliance management system (CMS) aligned with regulatory expectations and organizational risk appetite.

• Provide guidance and advice across all lines of defense regarding the applicability and impact of regulations, regulations pertaining to residential mortgage lending and purchasing, including support for issue management, regulatory change assessments, document and vendor reviews and other relate.
• Support issue management activities, including issue identification, documentation, risk assessment, remediation planning, validation.
• Review the line of business policies, procedures, job aids, training materials and related documentation to evaluate alignment with applicable regulatory requirements, internal policies, and control expectation
• May lead and develop a team: responsible for hiring, coaching, performance management, training and development.

What you'll need:

• 7+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field.
• Ability to assess compliance with applicable federal and state statutes (TILA, TRID, 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 CFPB
• Bachelor's degree in related field required.
• Previous leadership experience preferred.
• Intermediate to advanced knowledge of 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 to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to advanced experience and skills in effectively communicating (verbal and written) risk assessment results to a diverse audience.
• Ability to work with all levels of management with a focus on collaboration and relationship management.
• Advanced speaking and writing communication skills.
• Certified Regulatory Compliance Manager preferred.
• Occasional travel possible.

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