Compliance Officer

About Key Mortgage Services

When you show your people some love, good things happen. As an independent, family-owned business, Key Mortgage feels like a big family because that's exactly what we are. Our secret is we invest in our people, and they keep getting better-- so our company does, too. Support starts on day one, so you can focus on what's most important--delivering the highest quality home financing services to our customers. At Key Mortgage, we've got your back.

Job Summary

The Compliance Officer is responsible for the development, implementation, and maintenance of an effective compliance program to ensure adherence to all relevant laws, regulations, and company policies. They are tasked with providing guidance and oversight to ensure compliance with regulations set by regulatory agencies and internal policies and procedures. It is their responsibility to stay current with mortgage laws, rules, products, technologies, and applications and to assess and communicate compliance implications for the assigned areas.

Essential Duties and Responsibilities

• Participate in various business initiatives, identify potential compliance risks and collaborate on solutions.
• Recognize, document, and assess key risks, control environments and applicable consumer regulations.
• Design and conduct compliance monitoring activities for assigned area.
• Maintain thorough understanding of compliance risk of assigned area through ongoing advisory and monitoring activities.
• Contribute to the Compliance Annual Risk Assessment including gathering and analyzing Key Risk Indicator results, Management Control Assessment results, industry and regulatory emerging risk trends and the adequacy/strength of the control structure.
• Advise in the resolution of issues, including reviewing and approving corrective action plans ensuring root cause is addressed and remediation occurs as appropriate.
• Review policy and procedure changes to ensure compliance with all applicable laws, regulations and internal policies.
• Develop Compliance policies and guidelines.
• Participate in special projects and fulfill ad hoc requests as needed.
• Issue management, governance, oversight and escalation for both compliance-owned issues/corrective action plans and business-owned issues/CAPs.

Requirements

• Bachelor's degree in a related field
• Minimum of 10 years of experience in compliance or regulatory role within the mortgage industry
• Minimum of 5 years recent management experience in compliance, audit or legal.
• Strong knowledge of origination processes as well as federal and state laws and regulations related to mortgage lending (e.g., RESPA, TILA, TRID, HMDA)
• Strong interpersonal skills with the ability to work collaboratively with people at all levels of the organization
• Experience with compliance management systems and tools
• Excellent analytical and problem-solving skills
• Attention to detail and strong organizational skills
• Ability to effectively communicate and provide training to employees at all levels of the organization
• Professional certifications related to compliance (e.g., CRCM) are a plus

Benefits

• PTO
• VTO
• Medical
• Dental
• Vision
• 401k