Become A Regulatory Compliance Officer

* Maintain awareness of all regulatory approval and compliance requirements to inform senior management of potential regulatory, compliance or quality risks and necessary corrective actions, and ensure the promotion of awareness of current regulatory, quality and compliance requirements throughout the organization
* Conduct Management Reviews with senior management to report and discuss the adequacy and effectiveness of the company s regulatory compliance, and to identify any need for improvement
* Provide regulatory requirements training and facilitate the transfer of knowledge to company employees.
* Form strong alliances with peers and externally with strategic partners for the purpose of completing organizational objectives
* Work with operations to enhance process compliance and robustness across institutions resulting in improved quality, compliance and financial performance
* Lead the review, analysis, and guidance of failure investigations and corrective actions referred to Regulatory Affairs
* Serve as a Subject Matter Expert to address regulatory questions from all business units
* Establish and ensure alignment of regulatory compliance metrics across all institutions
* Perform duties of the Management Representative and represent the company before regulatory agencies and authorization agencies
* Develop the annual budget for Regulatory Compliance
* Performs other duties as assigned by Management

* Assist in the design, implementation and supervision of a comprehensive compliance and surveillance program.
* Work with business unit leaders to develop, communicate and implement strategies, procedures and technology systems designed to enhance the firm’s compliance function.
* Oversee periodic compliance reviews and ongoing maintenance of documentation in support of corrective measures taken.
* Work with business unit leaders to evaluate and enhance IT processes and procedures that support compliance with Investment Adviser regulations.
* Work with business partners to ensure operating policies and procedures are in compliance with required regulations and assist in setting objectives to bring non-complying areas into compliance.
* Partner with senior business executives, legal, risk management, and compliance to appropriately mitigate and manage regulatory and litigation risk
* Provide periodic summaries and reporting to RJF and subsidiaries/business units.
* Work closely with business units and Compliance to ensure that the rules repository used by the firm is complete and up to date.
* Research existing rules and monitor regulatory developments, communicating changes to affiliates and home office staff.
* Develop, implement, sustain, monitor and revise compliance programs that reflect “best practices” and ensure the firm is adhering to all legal and regulatory requirements.
* Ensure procedures are appropriately documented and referenced in the firm’s compliance manuals and standard operating procedures.
* Oversee testing, perform risk assessments, and verify internal controls are adequate to achieve compliance with prevailing rules and regulations.
* Support a culture of risk management and compliance throughout all levels within the firm.
* Respond to, oversee and/or assist, counsel with responses to regulatory inquiries.
* Develop policies and procedures and design processes to mitigate regulatory risks.
* Identify trends and implement corrective action as necessary.
* Plan, assign, monitor, review, evaluation and lead the work of others.
* Coach and mentor subordinates, identify training needs and recommend appropriate development programs.
* Perform other duties as assigned

* Conduct compliance reviews under the direction of the Americas Head of Compliance Testing and the Head of Bank Testing in order to assess and review compliance with legal, regulatory and internal firm policy requirements applicable to banking products and services
* Assist in developing a review work plan based on the results of the annual compliance risk assessment, in consultation with the Americas Head of Compliance Testing, the Head of Bank Testing and the Head of US Bank Compliance.
* Ensure review work plan addresses regulatory priorities and that reviews are designed to meet applicable regulatory guidance
* Advise team members with respect to applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations applicable to banking products and services
* Escalate potential issues and exception items noted during the review process to senior management for discussion and further investigation if deemed necessary
* Prepare and distribute reports to senior management detailing review findings and recommendations.
* Periodically report on significant activities conducted and planned for the upcoming period.
* Review all banking-related reports prior to vetting the report with other stakeholders
* Ensure that all findings and recommendations are entered into Compliance Testing s Issue Tracker for tracking purposes and perform required follow-up of open issues to ensure proper resolution
* Assist in compliance related matters during examinations by the firm s regulators and internal auditors
* Assist the team with various ad hoc projects

* Evaluate requests from internal stakeholders and determine appropriate data sources for information based on nature of requests.
* Perform analyses on data to determine the root cause of identified issues and for forecasting purposes and provide metrics and findings to Compliance Senior Managers as well as Advisory LOBs.
* Evaluate and respond to quarterly and annual regulatory reporting and other requests from FINRA, SEC and the Fiduciary Committee, including assessing request to determine appropriate data sources, synthesizing metrics, performing analyses and presenting information in consumable format.
* Serve as principle point of contact for responding to and reconciling regulatory reports and requests.
* Evaluate data integrity, quality and completeness of feed files into and throughout the Customer Complaints and FINRA environment and provide feedback into recurring metrics processes.
* Partner with Compliance, Operations, LOB and Technology contacts to conduct analyses aimed at determining root cause of data issues and develop strategy on how to address/remediate such issues.
* Lead the resolution of exceptions identified by reconciliation, completeness checks, data attribute validation, fluctuation (spike) monitoring and timeliness.
* Define and implement processes and adequate controls to ensure consistency across regions and other data pillars within the Compliance Operations group.
* Perform periodic detailed analyses and forecasting of staffing needs during peak tax, fee maintenance and other time periods and create reports containing trends, predictions and recommendations relating to such needs.
* Conduct reviews to understand how source feed data is utilized in the Customer Complaints environment and evaluate basis for changes and trends and impact on various functions and teams within and outside of the Compliance organization.
* Develop presentations for senior stakeholders based on interpretation of data metrics, evaluations of trends and make recommendations based on findings.
* Act as PMO to the Defect Management process ensuring adherence to the Operating Model.
* years demonstrated experience in an Operational or LOB Middle Office function with a key focus on ensuring data quality
* Demonstrated experience in defining/documenting new processes ensuring the appropriate level of controls in place
* Proven experience in exception management, preferably in resolving data quality issues
* Demonstrated superior problem solving and decision-making skills
* Ability to identify issues, seek solutions and gain consensus regarding outcome
* Strong data analytic skills with ability to dive into details and understand the data provided, along with decisioning based on analysis gathered
* Excellent communication, influence and relationship building skills, able to work with LOB and Technology staff
* Experience in creating an executing test plans & documenting results
* Accuracy and attention to detail
* Team player adaptable to changing environment, with great interpersonal skills
* Highly disciplined individual, self-motivated, and delivery focused
* Intermediate Excel skills required for data analysis (e.g. use of pivot tables and v-lookups)
* Experience with SQL

* The primary function of the Regulatory Compliance Reviewer is to review and prepare reports for loan applications including review of both loans that close, and those that did not close for adherence with State, Federal, and Agency guidelines.
* Position will be responsible for data management, review and reporting.
* Database knowledge and management of large amounts of data is required.
* Successful candidate will be familiar with Fair Lending issues as well as HMDA reporting requirements in addition to RESPA, FCRA, ECOA, and TILA requirements including the most recent changes to these regulations.
* They may also assist in the development and implementation of the regulatory compliance plan.
* Reviewers review applicable federal and state law and regulation and make recommendations for compliance.
* Compliance Reviewers also participate in process improvement activities at the direction of management.
* Duties include but are not limited to:
* Conduct loan level reviews for adherence to Federal, State, and Agency guidelines.
* Prepare reports and track results including being able to identify and address trends.
* Gather and analyze data including assisting with Fair Lending Analysis as assigned.
* Assist with recommendations for implementation of controls regarding adherence to state and federal law, as well as agency guidelines.
* Promotes highly efficient processes and systems to monitor, assess, and accurately report on the state and federal regulatory changes.
* When assigned, assists the Compliance function to promote awareness of emerging compliance issues and/or regulatory changes.
* Assists operational areas in defining practices that would result in adherence to regulatory compliance objectives as assigned.
* Assists as necessary to ensure training materials and the forum for training are adequate to meet the needs of Freedom Mortgage.
* Assists in the development of training materials as needed and reviews materials presented by other Departments within FMC.
* Assists in training efforts as deemed necessary.
* When assigned, assists in ensuring that changes in regulatory compliance requirements are reflected in our application systems, as well as submits process improvement requests in which automation would help prevent user errors.
* Consults on special projects as requested by the Compliance Officer, Associate Counsel, and Senior Management.
* Works closely with other staff in Regulatory Compliance