Compliance Officer Senior Mortgage Origination

City National Bank; New York (NY); On-site; USD 90,000 - 160,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(k) matching contribution

Tuition Reimbursement

Valued Time Away benefits

Specialized health benefits

Colleague Resource Groups

Job summary

<p>City National Bank is searching for a Senior Compliance Officer to oversee mortgage origination compliance. This role requires an experienced professional to manage compliance risks, implement policies, and provide guidance across various business areas.</p><p>Ideal candidates will have at least 5 years in mortgage compliance and significant regulatory knowledge. The position offers a competitive salary and a comprehensive benefits package.</p>

Qualifications

• Minimum 5 years of mortgage lending or mortgage compliance experience.
• 3+ years in financial services, preferably in mortgage banking.
• Direct experience interacting with federal regulators.

Responsibilities

• Manage areas of the compliance program covering mortgage origination.
• Review marketing materials for compliance.
• Assist with regulatory examinations and liaise with regulators.
• Develop and maintain compliance policies and standards.

Skills

Mortgage lending expertise

Regulatory compliance experience

Advanced knowledge of mortgage regulations

Analytical skills

Communication skills

Education

Bachelor's Degree or equivalent

Job description

Overview

COMPLIANCE OFFICER SENIOR-MORTGAGE ORIGINATION

What is the Opportunity?

The Senior Consumer Compliance Officer is responsible for managing and maintaining assigned areas of the compliance program covering mortgage origination including monitoring business area compliance with applicable laws and regulations, ensuring controls are in place to mitigate compliance risk. Maintaining regulatory change management, policies and procedures, training, and advisory matters for mortgage compliance. This role is responsible for oversight of periodic analysis of the mortgage portfolios, assisting business areas to implement corrective actions or procedural changes, and applying a risk-based approach.

What will you do?

• Serve as a compliance subject matter expert for assigned areas.
• Review marketing materials for business areas or products including credit card, mortgage, small business, and consumer (lending or deposit) ensuring materials comply with regulatory and business standards.
• Manage regulatory change management and participate with business areas supported such as consumer, in addition to other business areas or support functions (Finance, Technology).
• Monitor legislative/regulatory/enforcement activity and trends for impacts to business line activities.
• Provide compliance advice and guidance to business areas and with assigned business projects.
• Assist with regulatory examination and serve as liaison with regulators.
• Manage assigned staff and conduct appropriate coaching to colleagues on interpretation and application of regulatory requirements to business processes.
• Develop and maintain compliance policies and standards that address key risk activities.
• Implement any corrective actions or risk mitigation measures and track, report and validate corrective actions.
• Provide support in risk assessments and internal audits.
• Review and document procedures to ensure secure maintenance and quality of records.
• Comply fully with all Bank Compliance policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).

What do you need to succeed?

Required Qualifications

• Bachelor's Degree or equivalent work experience
• Minimum 5 years of mortgage lending or mortgage compliance experience, with a strong understanding of origination processes.
• 3+ years in financial services, preferably in mortgage banking or regulatory compliance.
• Advanced knowledge of mortgage origination compliance, including federal and state regulations (e.g., TRID, TILA, RESPA, HMDA, ECOA, FDPA, FCRA, SCRA).

Additional Qualifications

• Mortgage Compliance Leadership: Ability to analyze complex mortgage-related scenarios (e.g., loan disclosures) and provide actionable guidance, escalate issues, and recommend solutions.
• Regulatory Agency Expertise: Direct experience interacting with federal regulators (e.g., CFPB, OCC, FDIC) during mortgage compliance exams, audits, or inquiries, including exam management and remediation.
• Fast-Paced Mortgage Environment: Demonstrated success in managing time-sensitive compliance tasks (e.g., TRID timelines) while maintaining accuracy in high-volume operations.
• Strategic Compliance Skills: Strong organizational and analytical abilities to develop mortgage-specific policies, training, and risk mitigation strategies.
• Clear Communication: Skill in articulating complex mortgage regulations to business teams, executives, and regulators, both verbally and in writing.
• Collaborative Influence: Effective interpersonal skills to partner with operations, servicing, and sales teams to ensure compliance alignment.
• Deadline-Driven Execution: Track record of meeting strict regulatory deadlines while prioritizing risk mitigation.
• Certifications Preferred: Certified Mortgage Compliance Professional (CMCP) or Certified Regulatory Compliance Manager (CRCM) with a focus on mortgage banking.

What’s in it for you?

Compensation

Starting base salary: $90,000-$160,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

About Us

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

Inclusion and Equal Opportunity Employment

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Reporting into a designated City National location is an essential function of the job unless otherwise indicated as fully remote.

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