Compliance Director

T

True Find Staffing

Compliance Director

Pittsburgh, PA
Full Time
Paid
  • Responsibilities

    Job Overview:
    This position is responsible for developing, managing, and advancing the Fair Lending Risk-Based (FRB) Program by leading a team to execute compliance initiatives. The role requires broad experience in Fair Lending and FRB, with a strong focus on applying laws and regulations using advanced statistical and analytical tools. The Director of Compliance will design and oversee a comprehensive FRB Analytics program, focusing on compliance testing related to Fair Lending, UDAAP, HMDA, CRA, and other regulatory expectations.

    The successful candidate will be responsible for communicating results clearly to a variety of audiences, including the Board of Directors, Executives, and Regulators, while ensuring high-quality reporting and deliverables.

    Responsibilities:

    • Lead a team of compliance professionals to manage compliance risk across the organization.
    • Provide strategic guidance to business leaders on compliance risks.
    • Conduct compliance risk assessments and monitor business units' compliance risk controls.
    • Identify and address risks and issues, ensuring timely resolution.
    • Develop and maintain policies and procedures to align with regulatory requirements.
    • Perform or oversee statistical analysis, communicating results and actionable recommendations.
    • Prepare reports and deliver updates to the Board of Directors and other relevant committees.
    • Stay current on new and pending regulations and ensure effective change management processes.
    • Analyze complex datasets to identify risk trends and develop mitigation strategies.
    • Serve as a risk manager, ensuring all activities align with the organization’s risk management program.

    Qualifications:

    • Bachelor’s degree required; advanced degree preferred.
    • 10+ years of related experience, with a focus on compliance and regulatory frameworks.
    • Proven management experience in compliance risk management programs.
    • In-depth knowledge of federal and state consumer protection laws and banking regulations.
    • Strong analytical, communication, and leadership skills.
    • Proficient in MS Word, Excel, and PowerPoint.

    Preferred Certifications:

    • Certified Regulatory Compliance Manager (CRCM) designation preferred.

    Role Requirements

    • Experience:
      • Fair lending background is essential.
      • Previous candidates in this role, like the 15-year veteran Fair Lending Officer, underscore the importance of this experience.
      • Executive communication skills, as the role involves regular interaction with senior leadership.
    • Leadership and Team Structure:
      • The position supervises three to four compliance specialists and collaborates with other compliance directors.
      • This role reports to the Managing Director of Corporate Compliance and indirectly to higher executives, emphasizing the need for leadership in fair lending initiatives.