Senior Compliance Officer
4 weeks ago
Job Summary:
The Senior Compliance Officer is responsible for conducting and directing compliance risk oversight of assigned business units and/or functions within Consumer Lending.
Leads and executes compliance risk management activities to reasonably ensure compliance with the Enterprise Compliance Management Policy and Framework.
Key Responsibilities:
- Interpret new or existing laws, rules and regulations that are complex and multifaceted and use that knowledge as a subject matter expert to communicate requirements and expectations to assigned areas of responsibility.
- Analyze existing policies, procedures, processes and controls to determine gaps. Lead or assist in leading compliance initiatives necessary in implementing changes.
- Analyze and provide guidance on complex compliance actual and emerging risk scenarios within business units and/or functions.
- Develop Risk Committee materials, including evaluation of program effectiveness, level and direction of risks, key and emerging risks, and status of previously-identified risk and control issues.
- Communicate with management with respect to compliance risk management activities and regulatory examinations.
- Implement strategies and methods related to the compliance risk management framework within the organization, including quality assessments, key risk, and performance measurement data, along with oversight monitoring and mitigation strategies.
- May serve as mentor to other Compliance Officers and Analysts.
- Partner with LOB leaders and other senior Truist teammates to execute on key strategic initiatives for the company, providing counsel and oversight in a collaborative, business savvy and team-first manner.
Requirements:
- Bachelor's degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience.
- Eight years of financial institution experience.
- Five years of direct experience in consumer lending compliance.
- Demonstrated experience with regulatory agencies, requirements, and/or regulatory compliance.
- Strong communication skills, both verbally and written, and the ability to communicate and interact with all levels of management.
Preferred Qualifications:
- Knowledge of compliance laws/regulations specific to consumer lending.
- Eight years of compliance experience, with five years at medium to large financial institution.
- Certified Regulatory Compliance Manager (CRCM).
About Truist Inc:
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law.
Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf).
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/agencies/ofccp/fact-sheet-pay-transparency-provisions-under-executive-order-15591).
E-Verify (https://www.e-verify.gov/).
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