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Retail / Consumer Senior Compliance Manager : 1200005719 Job Details

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Employer:  Bank of America
Job Ref No:  1200005719
Job Title:  Retail / Consumer Senior Compliance Manager : 1200005719
Sector:  Energy
Sub Sector:  Other
Risk Type:  Multiple
Expertise:  Regulatory/Compliance
Specific Description:

Implements and manages compliance programs for one or more business groups. Exercises judgment and influences 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 mission, goals and strategies. May manage other associates.

General Description:

Oversee management and operation of Compliance Risk Management programs within a core function of the Home Loans/Legacy Asset Services businesses (e.g. Default Compliance within Servicing.) serving as the liaison for FHA and HUD Requirements. Responsibilities include coordination of FHA and HUD Requirements, Issues Management, Exam Management and reporting for HL and LAS. 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

• 5 - 9 years functional experience specific to FHA and HUD requirments

• 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

Desired Skills:

• Experience interfacing with regulators

• Experience with the mortgage industry

• Knowledge of federal and state laws and regulations

• College degree

Region/Country:  Americas, United States
States/Counties:  California
City:  Charlotte
Address: 
02/09/2012

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