Assistant Vice President – QC Compliance Manager
| Company | Western Alliance |
|---|---|
| Location | Westlake Village, CA, USA |
| Salary | $107395 – $132661.66 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- 9+ years of related experience in Mortgage Regulatory Compliance, Risk Management, Mortgage Quality Control or similar field.
- Bachelor’s degree or equivalent experience required; Bachelor’s degree in related field preferred.
- Previous leadership experience required.
- Intermediate to advanced knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
- Advanced to expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate to advanced knowledge of FNMA, FHLMC, FHA, USDA and VA guidelines.
- Advanced knowledge of Federal regulatory guidelines and procedures, including but not limited to TILA, TRID, ECOA, RESPA, FCRA, UDAAP, HPA, NFIP, etc.
- Advanced speaking and writing communication skills.
- Certified Mortgage Compliance Professional (CMCP) – Required (or equivalent skillset)
Responsibilities
- Coordinate and oversee the workflow and audits conducted by the Quality Control Compliance Analysts (and Due Diligence firms) for all lines of business.
- Oversee the progress of timely and accurate completion of audit projects.
- Communicate identified defects to internal and external counterparties, participate in remediation of identified defects and monitor the progress of implementation of action plans based on the Quality Control findings and results.
- Prepare and socialize the compliance report drafts and finalize the reports once the report drafts have been approved by management.
- Assist team and Operations personnel in interpreting compliance defects cited by external sources and preparing appeals or rebuttals to internal and external parties.
- Manage the workflow of the Retail Compliance Audits, including the sampling, workload assignment, Quality Assurance Review, and delivery of reporting to internal and external parties.
- Be a subject matter expert for QC Compliance Analysts for issues that arise from Retail Compliance Audits, as well as Due Diligence Trade Activity.
- Oversee and review compliance findings for whole loan trade due diligence activity.
- Prepare and present the Monthly Audit Plan material for the QC Risk Management audit cycles.
- Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
Preferred Qualifications
- Microsoft Office Specialist (MOS) – Preferred (or equivalent skillset).
- Occasional travel required.