First Republic Bank Looking for Compliance Risk Manager at Boston, Massachusetts Full Time

At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here.

Incredible teams doing exceptional work, every day

Eagle Lending is a growth-oriented team focused on acquisition of new households through our personal lines of credit, professional loan programs, home equity lines of credit and small business loan products. We provide high-touch service and customized products designed around our client’s needs. Our team is leading the way for innovation at First Republic.

A culture that invests in you

As Compliance & Risk Manager, you will have an exciting opportunity to continually build a robust first line of defense function within Eagle Lending. You will be responsible for implementing and maintaining the QA/QC programs.

What you’ll do as the Compliance & Risk Manager:

• Implement and maintain the 1st LOD Eagle Lending quality assurance and quality control programs.
• Conduct regular monitoring and testing of Eagle Lending processes with focus on operational and compliance risks.
• Maintain primary responsibility for monitoring and testing efforts.
• Adhere to Eagle Lending’s review schedule for ongoing periodic reviews and required testing.
• Partner with various teams within Eagle Lending to understand processes in detail prior to conducting reviews.
• Partner with various teams within Eagle Lending to discuss and provide recommendations for corrective action for compliance monitoring findings.
• Produce written reports on the results of assigned testing and monitoring efforts, maintain records of required follow-up or remediation actions.
• Conducts follow-up reviews and validation of corrective actions taken to address exceptions reported.
• Aid in the development of monthly/quarterly/annually senior management reporting that includes information regarding the results of monitoring, as well as significant areas of concerns.
• Escalate significant issues identified on a timely basis to supervisor
• Maintain up-to-date knowledge of Bank policies, procedures, applicable regulatory requirements as well as industry best practices.
• Other duties related to testing and monitoring as may be assigned.

You could be a great fit if you have:

• Bachelors Degree required. Certifications such as CRCM,CAMS,CIA,CBA a plus.
  7+ years of experience in consumer or small business lending compliance, compliance audit or compliance monitoring background.
• Minimum 3 years of experience with writing policies and procedures and implementing changes to programs, developing and implementing changes to processes.
• A strong ability to research banking regulations and commentary.
• Must have working knowledge of regulations impacting consumer lending such as UDAAP, Fair Housing Act, ECOA (Regulation B), TILA/RESPA (Regulation Z), FCRA (Regulation V), SCRA, MLA, HMDA (Regulation C), Gramm-Leach-Bliley Act, CPRA, CAN-SPAM, ESIGN Act, Bank Secrecy Act, USA PATRIOT Act, and other applicable state laws and regulations.
• Working knowledge of standard Risk/Control philosophies/methodologies.
• Must possess strong working knowledge of MS Word/MS Outlook/MS Visio/MS PowerPoint/MS Excel.
• Knowledge of RSA Archer strongly preferred.
• Proactive individual able to operate efficiently in a fast-paced environment.
• Must have ability to prioritize and multi-task and demonstrated ability to meet deadlines.
• Accountability and takes ownership for all actions and sets high standard for self-performance and completion of tasks.