U.S. Bank U.S Bank Home Mortgage Compliance Risk Management Specialist in Saint Louis, Missouri
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
The U.S Bank Home Mortgage Compliance Risk Management Specialist (CRMS) position supports Mortgage Origination, to ensure compliance with applicable consumer banking laws and regulations. This position is responsible for complex functional segments of the Corporate Compliance Consumer Banking program, evaluating and analyzing information from U.S. Bank Home Mortgage, particularly as it relates to certain functions and governing regulations. Devote significant time to ensuring compliance programs meet all applicable laws and regulations. Review and analyze internal and external regulatory information and coordinate with responsible parties to ensure compliance with applicable laws. Monitor and follow-up on outstanding compliance concerns and issues and ensure timely resolution. Collaborate with management and staff in areas affected by changes in products, systems, vendors or personnel to ensure ongoing compliance. Promote understanding and implementation of policies and procedures in support of mortgage origination requirements.
Foster cooperation and involvement from CRMS partners, legal partners, business partners, and management
Work collaboratively across multiple business functional units on reportable regulatory matters and compliance management initiatives
Act under the U.S. Bancorp Customer Complaint Policy to review and advise business line partners regarding escalated complaints, as well as perform root cause analyses and issue identification
Provide compliance guidance in regulatory change, business change and/or issue management related projects as well as during regulatory audits and examinations - Provide compliance review of business line procedures and customer communications in applicable systems.
Guide development of appropriate regulatory compliance policies, processes and systems to meet regulatory expectations and protect the interests of U.S. Bank
Participate in the Enterprise Compliance Risk Assessment (ECRA) process to ensure the appropriate consumer lending regulations and laws are followed, respond to or escalate inquiries as appropriate
Support implementation of the ECRA Risk Policies, Procedures and Methodologies
Review the controls related to all relevant risk, compliance with laws and regulations, established compliance programs, internal controls and operational processes
Review and assess risks associated with business, product and vendor changes, including through the BCRA processes
Monitor, follow-up and track the resolution of risk and control matters through use of corrective action plans and effectively escalating issues in a timely manner in accordance with the program policies and procedures.
Manage and support communication channels and forums to appropriately escalate regulatory risks and issues across the enterprise
Contribute to regulatory risk management reports for stakeholders and senior management
Perform other duties as requested by management
Bachelor's degree, or equivalent work experience
Seven to ten years of applicable experience
7 or more years of experience in regulatory compliance, legal or related business line required, with 2 years in mortgage origination compliance/legal preferred
Strong knowledge of government and consumer lending laws and regulations, in depth understanding of regulatory applicability to mortgage origination, particularly with a strong working knowledge of TILA, ECOA and FCRA.
Understanding of mortgage origination operations, products/services, systems, and associated risks/controls related to origination functions such as sales, operations, disclosure and closing requirements.
Demonstrated ability to work independently and think critically
Must be able to prioritize work, effectively manage time and be adaptable to change
Ability to simultaneously research and manage multiple projects and deadlines
Strong verbal and written communication skills
Proficient in Microsoft Office applications
Ability to apply organizational skills in a wide variety of areas
Understanding of Risk/Compliance/Audit competencies
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers (https://www.usbank.com/careers/index.html) .
EEO is the Law
Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .
Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $92,735.00 - $109,100.00 - $120,010.00
Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.