Senior Compliance Officer

Western Alliance Bancorporation; Westlake Village (CA); On-site; USD 90,000 - 140,000; Full time

Job summary

Western Alliance Bancorporation is seeking a Senior Compliance Officer in Westlake Village, CA to join the Second Line of Defense. The role involves reviewing information to ensure compliance with policy and regulations, and challenging the business when needed.

You’ll support the Compliance Management System, especially mortgage servicing oversight, and provide guidance on bank policies, risk assessments, and controls.

Qualifications

• 2+ years of experience in Regulatory Compliance, Risk Management or Internal Audit.
• Bachelor's degree in related field preferred; high school diploma required.
• Experience with mortgage servicing compliance programs preferred.
• Knowledge of general banking operations and mortgage servicing regulatory obligations.
• Proficient in MS Office and able to communicate effectively.

Responsibilities

• Interpret and communicate compliance management information; identify root causes of risk and advise on mitigating actions.
• Monitor progress of compliance issues, analyze risk mitigation strategies and validate corrective actions.
• Identify opportunities to improve design and effectiveness of controls; communicate results to management.

Skills

Regulatory Compliance

Risk Management

Internal Audit

MS Office

Communication

Relationship Building

Education

Bachelor's degree

High School Diploma

Tools

MS Office

Job description

Senior Compliance Officer

Location

CA - Westlake Village

What you’ll do

As a Senior Compliance Officer in the Second Line of Defense, you’ll review and analyze information, reports or data to determine if the applicable process is in compliance with internal policy or regulations and provide effective challenge to the business where applicable. You’ll assist management with development, maintenance, and support of the Compliance Management System (CMS), particularly related to mortgage servicing related compliance oversight. 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; experience with mortgage servicing compliance programs preferred.
• High school diploma required; Bachelor's degree in related field preferred.
• Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services; experience with mortgage servicing related processes including default and non-default and subservicing oversight preferred.
• Intermediate knowledge of applicable mortgage servicing‑related 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.

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