What are the responsibilities and job description for the Assistant Manager, Real Estate Compliance position at SchoolsFirst FCU?
We’re always looking for diverse, talented, service-oriented people to join our exceptional team.
Assistant Manager, Real Estate Compliance
The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range:
$96,110.00 - $153,777.00
Scheduled Weekly Hours:
40
What You’ll Be Doing
Supports and advises the Real Estate (RE) Division on regulatory compliance and first-line of defense audits. Responsible for managing the RE compliance program including monitoring business area compliance with applicable laws, rules, and regulations, and ensuring effective controls are in place to mitigate compliance risks. Maintains policies, procedures, and training. Oversees compliance of the Real Estate Division and assists with implementation of corrective actions or procedural changes using a risk-based approach.
- Serves as a compliance subject matter expert for assigned business areas. Provides compliance guidance and direction for continued best practices and ensures adherence to policies and procedures.
- Creates metrics to assess business unit adherence to guidelines. Provides guidance on and documents corrective action when risk appetites are exceeded.
- Monitors legislative/regulatory/enforcement trends for impacts on business line activities.
- Develops and maintains compliance policies and standards that address key risk activities.
- Supports risk assessments, internal audits and regulatory examination.
- Partners with mortgage front-line risk functions to provide recommendations related to the development and improvement of compliance programs for respective business unit areas.
- Develops and oversees routines of mortgage front-line compliance programs. Identifies, challenges and corrects compliance program deficiencies.
- Tracks, reports, and validates corrective actions.
- Reviews and consolidates front-line risk assessments and reports results/recommendations to senior management.
- Ensures federal and state-specific criteria for disclosures are executed properly.
- Maintains and enhances policies and procedures designed to ensure compliance with the Credit Union’s regulatory requirements.
- Work collaboratively with all departments by providing compliance guidance and direction for continued best practices and ensuring adherence to policies and procedures.
- Maintain proficiency in software tools necessary to complete requisite analysis and collaborate with software vendors, as needed.
- Collaborate with and maintain strong relationships with systems vendors. Assist VP in managing expenses and overseeing compliance to contract requirements.
Additional Job Functions
- Provides daily support to staff, including answering questions and problem resolution, communicating job expectations; planning, monitoring, and appraising job results; training, coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards.
- Accomplishes financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures and analyzing variances.
- Contributes to organizational goals and priorities as a member of Management team. Establishes and implements plans that have short-term (1-2 year) impact on business results in alignment with organization objectives.
- Evaluates operating procedures and policies, ensuring the highest levels of Member service, productivity and internal control.
- Initiates, researches, coordinates and implements department or division projects intended to benefit Members, internal teammembers or department operations.
- Ensures compliance with state and federal laws as well as any other applicable regulations.
- Understands the credit union organizational goals and key performance indicators and takes the necessary actions to achieve desired results.
- Performs other duties as assigned
- Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions
Qualifications
- Bachelor's Degree or equivalent years of experience required
- 5-7 years experience in lending and regulatory reporting in a data management environment
- 1-3 years previous supervisory experience
- 7-10 years years of experience at a financial services organization preferred
- Certified Internal Auditor (CIA) preferred
- Certified Financial Services Auditor (CFSA) preferred
Knowledge, Skills, and Abilities
- Advanced knowledge of real estate compliance laws and regulations.
- Ability to analyze complex situations and provide guidance, make recommendations, and/or escalate issues to appropriate levels of management.
- Ability to interact with federal regulatory agencies.
- Ability to operate effectively in a fast-paced environment.
- Excellent organizational and analytical skills.
- Ability to communicate clearly and professionally with all levels of an organization.
- Excellent written and verbal communication skills.
- Effective interpersonal skills.
- Excellent time management skills and accustomed to working with deadlines.
- Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs.
SchoolsFirst FCU is committed to Diverse, Equitable, and Inclusive Hiring
At SchoolsFirst FCU we are dedicated to building and growing a diverse, inclusive, and authentic Dream Team, so if you’re excited about a position or wanting to make a career change but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. Many skills are transferrable and you may be just the right candidate for the position, or for other roles we are working on.
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.
Salary : $96,110 - $153,777
