Compliance and Risk Officer (Special Assets) in East Petersburg, Pennsylvania at Fulton Bank
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Job Description
Category: Operations
# of Openings: 1
Position Type (Portal Searching): Full-Time
ASC - East Petersburg
Lancaster
FLSA Status: Exempt
Value Proposition
Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.
Overview
This is a full-time, hybrid career opportunity based out of our Administrative Services Center location in East Petersburg, PA.
Primary Liaison between the special assets department and the compliance and risk function. Responsibilities associated with compliance include policy and procedure development, regulatory monitoring and compliance related training. Ensures compliance with policies and procedures including regulatory and servicer requirements by developing and executing quality control process for the special assets function including residential, consumer and commercial areas.
Responsibilities
- Coordinates the completion and updating of department policies and procedures with unit and department managers. Approves policies and procedures for the department as part of the compliance requirement, using knowledge of department workflows and regulatory requirements.
- Develop and maintain quality control procedures for the quality review process and workflow. Monitor for accuracy enhancements in the processes and workflows. Manage and ensure compliance with all secondary market requirements, Consumer Financial Protection Bureau rules and ensure adherence to bank policies. Communicate results of statistical evaluation to management. Perform quality assurance reviews on residential and consumer related defaults and foreclosures as well as loss mitigation work flows and processes. Prepare reports including monthly statistical summary of errors detected in the quality assurance testing and findings reports with subsequent monitoring or responses. Communicates results of document reviews with department management.
- Represents the special assets department for various risk related duties.
Qualifications
Education
Bachelor's Degree or the equivalent experience. Specialty: Relevant degree pertaining to the essential duties of this role. (Required)
Experience3 or more years of default or compliance related experience. (Preferred)
Knowledge, Skills, and Abilities- Knowledge of MSP and/or Signature servicing platforms (Preferred)
Sponsorship Statement
As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.
EEO Statement
Fulton Bank (Fulton) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.