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Retail/Consumer Compliance Specialist - Home Loans Vendor Management : 1200004545 Job Details

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Employer:  Bank of America
Job Ref No:  1200004545
Job Title:  Retail/Consumer Compliance Specialist - Home Loans Vendor Management : 1200004545
Sector:  Energy
Sub Sector:  Other
Risk Type:  Regulatory/Compliance
Expertise:  Regulatory/Compliance
Specific Description:

This role will support the Home Loans and Legacy Asset Servicing (HL/LAS) businesses from a vendor management compliance perspective. The person in this role will help enable compliance policies, be an expert of programs and standards, assist in assessing program adherence, and help provide compliance risk oversight, reporting & monitoring for risk issues for vendor management. In addition, he/she will work with other groups to help ensure adherence to laws and regulations related to the Home Loans business they support.

Responsibilities include:

• Maintain independent compliance risk oversight

• Develop relationships with business partners in the LOB and other support functions

• Help implement compliance processes, tools, policies and procedures

• Test and monitor activities within the business to identify and communicate situations in which risk tolerances are approaching or beyond acceptable levels

• Support meaningful reporting regarding compliance risk performance

General 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.

Qualifications


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

  • 3 plus years of vendor management experience
  • Good communication skills and the ability to influence
  • Good interpersonal and teamwork skills
  • Self motivated and high level of personal energy
  • Drive to excel
  • 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:
  • Familiarity and experience in financial services
  • 3 years relevant compliance experience
  • Experience interfacing with regulators
  • Experience with the mortgage industry
  • Knowledge of federal and state laws and regulations
Region/Country:  Americas, United States
States/Counties:  California
City:  Calabasas
Address: 
02/09/2012

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