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Compliance Executive- Retail / Consumer : 1200005704 Job Details

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Employer:  Bank of America
Job Ref No:  1200005704
Job Title:  Compliance Executive- Retail / Consumer : 1200005704
Sector:  Energy
Sub Sector:  Other
Risk Type:  Regulatory/Compliance
Expertise:  Risk Manager
Specific Description:

Directs and manages compliance programs for one or more complex business groups. Exercises judgment and influences senior business managers and peers to ensure enforcement of compliance programs, balancing business strategy with appropriate risk management controls. Works with the Compliance senior leadership to develop, implement and communicate Corporate Compliance's mission, goals and strategies. Proactively manages the relationships with regulatory agencies, external consultants and other internal risk management groups.

General Description:

The Compliance Executive leads a team to oversee Compliance Risk Management for Home Loans with a specific focus on Underwriting and Fulfillment Operations. Each Each HL/LAS Compliance Executive is 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 regulators and business leaders; timely escalation of key risks and issues including compliance, emerging and reputational; oversight and accountability for select assigned Enterprise Compliance Programs. Partners with peers in Rules and Standards, Testing, Regulatory Relations and Governance Reporting to deliver independent compliance risk management required for HL/LAS business unit.

Qualifications


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

• 10 - 14 years of functional experience within Mortgage Banking and or Compliance management

• Strong communication skills to deal with internal and external constituencies.

• Strong interpersonal and teamwork skills and ability to influence through collaboration

• Demonstrated experience in leading teams

• Self-motivated, high level of personal energy and commitment, serve as a role model for others in the business; ability to master diverse sets of skills, regulatory areas of the law and business strategies/operations, strong client orientation

• Experience in financial services legal and regulatory matters

• Ability to resolve complex issues with a resourceful, "can-do" attitude.

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

• Ability to understand and integrate details of business /operations /systemic environment in applying legal and policy requirements
• Bachelor's degree

Desired Skills:

• Knowledge of federal and state consumer protection laws and regulations as well as the regulatory statutes

• Experience with Mortgage Banking operations and requirements

• JD

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

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