Description
We are seeking a dynamic, strategic thought partner to implement the compliance strategy for our 'New to Credit' credit card business segment. As a Senior Manager, Compliance, you will perform a key risk management role in the second line of defense, providing primary compliance support.
Your responsibilities will include:
- Serving as a strategic partner and providing proactive advisory during the product development lifecycle
- Partnering with business leaders to ensure compliance risk is integrated into business strategy and growth initiatives
- Providing proactive guidance on controls for new-to-credit products
- Providing guidance on business policies, standards, and procedures to support compliant scaling
- Identifying potential internal and external risks relating to the lines of business initiatives and processes and providing guidance on remediation
- Maintaining subject matter expertise of applicable laws and regulations
- Performing and reviewing control assessments executed by peers for accuracy and adherence to test procedures
- Evaluating Internal Audit, Regulatory Exam, and self-identified issues and events for compliance impacts
- Providing effective challenge and guidance on compliance risks and supporting lines of business through various interactions and forum engagements
- Advising lines of business on application of Compliance requirements
- Assisting lines of business in the development and maintenance of the Compliance Program
- Supporting lines of business through expert advice, influencing adjustments to the processes, procedures, and controls
- Conducting targeted validations and reviews on controls over applicable regulations
- Performing UDAAP validations and reviews
- Participating in reporting and governance activities
- Maintaining expert understanding of Compliance Risk Management Framework and applicable laws and regulations
- Assisting in capturing, maintaining, and analyzing compliance data
Basic qualifications include:
- Bachelor's degree or military experience
- At least 5 years of experience in Compliance, Risk Management, Audit, or Legal
Preferred qualifications include:
- Master's degree or Juris Doctor (J.D.)
- 8+ years of experience in Compliance, Risk Management, Audit, or Legal
- CRCM certification, or ACAMS certification, or CIPP certification
- Strong knowledge of Card Operations, Servicing, Systems, and Platforms
The salary range for this role is: McLean, VA: $177,700 - $202,800 Richmond, VA: $161,500 - $184,300 Riverwoods, IL: $161,500 - $184,300