AVP/VP Consumer Compliance

New York, NY | Direct Hire

Post Date: 05/06/2016 Job ID: 11326 Industry: Compliance Officer, Compliance Specialist, Consumer Compliance -Vp, Consumer Compliance Specialist
Chat with me now! - https://flashrecruit.com/jobs/183892

AVP/VP Consumer Compliance 

(Expanding Foreign Bank located in Manhattan)

The AVP /VP will be responsible for document drafting and preliminary review and assessment of the Bank’s consumer compliance practice, including but not limited to the following: communicating with the relevant Departments/Branches; drafting consumer compliance related policy and procedures; collecting documents required for the consumer compliance review and assessment; assisting in communicating with or reporting to Consumer Compliance Officer; reviewing consumer complaints; and assisting in training.

Job Duties
Include but are not limited to:
Consumer Compliance Policies and Procedures
•       Conduct research on consumer compliance issues and regulatory updates;
•       Review the policy and procedures periodically and ensure the compliance with all regulatory requirements - Truth in Savings, Privacy, RESPA, Flood Hazard etc.

Consumer Compliance Review and Assessment
•       Collect documents required for the consumer compliance review and assessment of banks adherence to consumer compliance regulations;
•       Participate in the consumer compliance review and assessment against all relevant activities, practices and products of all Branches;
•       Discuss with relevant Branches/Department on the consumer compliance issues;
•       Support new product development and conduct consumer risk assessment.

Reviewing and Resolving Complaints
•       Review consumer complaints on the CFPB (Consumer Financial Protection Bureau) online portal and collect consumer complaints from the relevant Departments/Branches;
•       Report the complaints to Consumer Compliance Officer and participate in the discussion on the resolution;
•       Communicate with each relevant department/branch and the complaining consumer (if necessary)

Assist In Consumer Compliance Training Program
•       Prepare and draft the required materials for the enterprise-wide consumer compliance training;
•       Update the training materials periodically to comply with all regulatory requirements.

Job requirements
•       Bachelor’s degree required; CAMS preferred
•       2-3 years min. of  experience in regulatory, examination or compliance in a financial institution/regulatory institution

 • Experience in the alphabet regs, BSA/AML is a plus but the focus is on more retail banking regulations: residential mortgage loans regs/deposit regs/electrical funds transfer regs/checking availability etc.

•       Proficiency in consumer lending/deposits/remittances and banking regulations a plus
•       Familiarity with OCC and CFPB consumer compliance rules and regulations
•       Bilingual Chinese abilities a plus
•       Proficiency with MS Office
•       Strong verbal and written communication skills

Chat with me now! - https://flashrecruit.com/jobs/183892

Franca Diona

Franca Diona has over 15 years of recruitment experience. She is a graduate of Iona College with a Bachelor of Arts specializing in public relations. She started her career in the music business working for major radio stations in the tri-state area. She furthered her career promoting the world-renowned musician Debbie Gibson. She utilized her skills expanding into the financial industry as a recruiter. Being a part of Adams Consulting Group has allowed Franca to broaden her craft by setting goals and striving to achieve them. She remains energetic and enthusiastic about getting the job done at ACG.

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