Internal Audit Compliance Manager

The Internal Audit Compliance Manager – is primarily accountable for ensuring adequate and appropriate audit coverage of federal / state / GSE requirements applicable to the organization and providing input to the audit plan and advice to audit teams regarding consumer compliance regulatory applicability. The Manager supports the Company's quality control / risk management statement to reduce compliance and operational exposures. Additionally, this role performs compliance testing using sampling studies of operating practices and testing that internal controls and procedures are being followed.

Responsibilities :

• Develop and maintain Internal Audits regulatory compliance coverage program
• Provides compliance expertise on internal audits and projects as assigned
• Provides compliance expertise in conjunction with validation projects / activities as assigned
• Assists audit teams to identify compliance coverage applicable to audits as assigned
• Develops test steps for regulatory requirements as assigned
• Completes reviews of regulatory audit findings as assigned
• Attend regulatory compliance change management meetings to stay updated on Compliance Department activities and report back to Internal Audit management and staff on upcoming dates
• Provide compliance training to department staff
• Provide meaningful recommendations to audit procedures and programs
• Participate in the annual risk assessment process
• Contribute to completion of annual audit plan for assigned areas
• Supports in special projects as directed by management
• On an as needed basis, oversees audit engagements covering the business including risk assessment, audit planning, audit testing, control evaluations, report drafting and follow up and verification of issue closure ensuring compliance with corporate policies, regulatory guidelines, and industry best practices
• Establishes strong working relationships with business process owner / management
• Works closely with audit colleagues in the early identification of emerging control issues and reporting them timely to Audit and business management
• Assists in the development of other team members
• Assists in performing ongoing analysis of risk trends ensuring appropriate audit coverage
• Stays up-to-date with evolving regulatory changes and market events impacting the business
• Assists in developing / implementing automation to streamline the audit process
• Assists other team members through development of enhanced analytics / diagnostic reports / tools
• Appropriately assess risk when business decisions are made, including but not limited to compliance and operational risk. Demonstrate consideration for the Company's reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.