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Compliance Specialist - Home Loans Compliance : 1200006060 Job Details

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Employer:  Bank of America
Job Ref No:  1200006060
Job Title:  Compliance Specialist - Home Loans Compliance : 1200006060
Sector:  Energy
Sub Sector:  Other
Risk Type:  Multiple
Expertise:  Regulatory/Compliance
Specific Description:

Implements and monitors compliance programs for one or more departments of functions within a business group. Applies knowledge and expertise to influence business managers and peers to ensure enforcement of compliance programs, balancing business strategy with appropriate risk management controls. Contributes to the development, implementation and communication of Corporate Compliance's missions, goals and strategies. Communicates and interacts with regulatory agencies, external consultants, and other internal risk management groups within area of responsibility.

General Description:

The Compliance Specialist assist in overseeing Compliance Risk Management in a Home Loans/Legacy Asset Services (HL/LAS) business unit specifically covering Loan Servicing. Role reports through the HL/LAS Senior Compliance Manager.
The Compliance Specialist assist in the management and operation of Compliance Risk Management programs within a core function of the Home Loans business. Responsible for knowing and independently enforcing compliance with the applicable rules and standards for the line of business to which they are aligned; developing compliance policies aligned to the rules and standards; proactively identifying and measuring risks through control assessments, independently monitoring and managing testing; holding the business accountable for risk mitigation and remediation efforts; conducting regular management routines with business leaders; timely escalation of key risks and issues including compliance, emerging and reputational. Partners with peers in Rules and Standards, Testing, Regulatory Relations and Governance Reporting to deliver independent compliance risk management required for core process area of responsibility.

Qualifications


Required Skills: "Must" have these skills to be minimally qualified

• 3 - 5 yrs functional experience

• Strong communication skills and the ability to influence

• Strong interpersonal and teamwork skills

• Self motivated and high level of personal energy

• Drive to excel

• Familiarity and experience in financial services

• Ability to resolve issues with "can-do" attitude

• Ability to handle multiple tasks, take on new responsibilities and prioritize work in a deadline-intensive environment

• Knowledge of Mortgage Loan Servicing

Desired skills:

• Experience with the mortgage industry

• Knowledge of federal and state laws and regulations
• College degree

Region/Country:  Americas, United States
States/Counties:  Texas
City:  FORT WORTH
Address: 
02/09/2012

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