SPECIALTY LENDING GROUP FIRST LINE COMPLIANCE MANAGER -MANUFACTURED HOUSING

Company: RRC Solutions Group
Location: Knoxville
Posted on: October 25, 2024

Job Description:

Our client is hiring for a Specialty Lending Group First Line Compliance Manager in their Knoxville location. The SLG First Line Compliance Manager will lead a first line of defense compliance team within SLG, partnering with various bank departments, including Corporate Compliance, Risk Management, and other compliance teams. This role is responsible for identifying and mitigating regulatory compliance risks while seeking opportunities to enhance operational efficiency and support a positive customer and team member experience. The ideal candidate will have deep knowledge of the banking regulatory environment and excel at coaching and counseling the business line and team members.

Essential Duties and Responsibilities:

• Lead the SLG First Line Compliance team to work with business units to mitigate regulatory compliance risks.
• Collaborate with the business unit to enhance compliance throughout all processes, procedures, and practices.
• Act as a regulatory compliance advisor for new SLG projects and services.
• Develop and implement a risk-based First Line Compliance Testing Calendar.
• Partner with Corporate Compliance and SLG on remediation and risk mitigation initiatives.
• Identify opportunities to enhance compliant operational efficiencies.
• Balance complex legal/regulatory requirements while advocating for business needs.
• Provide insights on emerging risks, control effectiveness, compliance risk exposure, and mitigation efforts.
• Collaborate with the 1LOD Governance Team on input for Risk and Control Inventory.
• Assist SLG leadership in consumer complaint responses, ensuring appropriate complaint resolution timelines.
• Monitor compliance with current and emerging regulations, and help develop training materials when necessary.
• Prepare and distribute compliance reports to SLG management, business units, and Corporate Compliance.
• Monitor testing reports for trending items and address root causes with business units.
• Establish reporting and tracking for emerging risks, control effectiveness, and risk mitigation efforts. Additional Responsibilities:
  
  • Foster an environment that supports diversity, teamwork, and high performance.
  • Provide leadership through communication, performance management, employee development, and recognition.
  • Manage team members by providing direction, coaching, and training to support their personal growth and performance improvement. Qualifications:
    Education and Experience:
    
    • Minimum 7+ years of experience in banking regulatory compliance, with a focus on manufactured housing preferred.
    • CRCM or similar certification required, or equivalent years of compliance experience.
    • In-depth knowledge of Federal and State regulations, especially consumer lending regulations (e.g., Reg Z, Reg X, ECOA, HMDA, UDAAP).

Keywords: RRC Solutions Group, Kingsport , SPECIALTY LENDING GROUP FIRST LINE COMPLIANCE MANAGER -MANUFACTURED HOUSING, Executive , Knoxville, Tennessee