Senior Compliance Manager at Western… · Westlake…

Job Title: Senior Compliance Manager

Location: CA - Westlake Village

What you'll do: As a Senior Compliance Manager, you'll uphold the company’s values and serve as a hands-on leader responsible for both managing a team and directly executing complex compliance activities. You’ll lead the execution of the Compliance Management System (CMS) and strategy, while partnering with the business and key stakeholders to drive a strong culture of compliance and demonstrating integrity and professional judgment in protecting the interests of Western Alliance Bank. This working-manager role is expected to oversee and personably contribute to activities related to annual or periodic compliance risk assessments, impact assessments, advisory and regulatory interactions, issue management, periodic risk committee presentations and reports, and ensure adherence to the CMS or other applicable requirements. In this role you'll ensure teams adhere to all applicable CMS requirements, through effective challenge of issues, regulatory change, document reviews, and vendor reviews as they pertain to residential mortgage lending/purchasing when needed. You'll develop and implement management and board reporting, as well as reporting for applicable regulatory agencies.

• Provide subject matter expertise and guidance related to residential mortgage lending/purchasing laws and regulations to strengthen processes, procedures and controls for the lines of business.
• Partner with team members and external partners to understand and document the impact changes to product offerings and business changes have on the Compliance Risk Assessment.
• Participate in Compliance Department meetings by providing topics for discussion and report on areas of weakness as well as identify regulatory dependencies, execute support for governance and any program management activities.
• Lead working groups and project teams designed to identify and implement actions that strengthen the bank's CMS.
• Lead and develop a team while maintaining direct responsibility for complex compliance deliverables; responsible for hiring, coaching, performance management, training and development.
• Serve as a working manager and subject matter expert by directly performing high-priority compliance activities, including regulatory impact assessments, issue validation support, advisory reviews, reporting, and effective challenge related to residential mortgage lending/purchasing.

What you'll need:

• 9+ years of related experience in Regulatory Compliance, Risk Management, Internal Audit or similar field.
• Bachelor's degree in related field required.
• Previous hands-on leadership experience required with demonstrated ability to balance people management responsibilities with direct execution of complex compliance work.
• Advanced knowledge of general banking mortgage banking operations, including sales, disclosures, processing, underwriting, closing/funding, and post-closing.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Ability to assess compliance with applicable federal and state statutes (TILA, RESPA, ECOA, FCRA, HPA, FDPA, etc.), program specific requirements (ARM, DSCR, Interest Only, HELOC/HEL), and regulatory requirements circulated by agencies including FNMA, FHLMC, FHA, VA, USDA, and FRB, CFPB.
• Advanced knowledge of all activities within the scope of compliance governance and program management, including regulatory compliance as it relates to Mortgage Banking.
• Advanced ability to identify and understand key risks, issues and trends and to develop meaningful information to be shared with leadership.
• Advanced speaking and writing communication skills.
• Certified Regulatory Compliance Manager is preferred.
• Occasional travel required.

Compensation: Salary range for new hires is generally $149,295.00 - $184,425.00 for Irvine, CA. Salary range for new hires is generally $149,295.00 - $184,425.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

Benefits you’ll love: We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation