First Republic Bank

Returning Candidate?

Director, Lending Compliance

Director, Lending Compliance

ID 
2017-5435
Job Locations 
US-CA-San Francisco
Category 
Compliance

More information about this job

Overview

First Republic is an ultra-high-touch bank that provides extraordinary client service. We believe that one-on-one interactions build lasting relationships. We move quickly to serve our clients’ needs so that their financial transactions are handled with ease and efficiency. Client trust and security are paramount in our line of business. Ultimately, our goal is unsurpassed client satisfaction which will lead to personal referrals – our number one source of new business.

 

We recognize that our competitive advantage starts with our people and our culture. At First Republic, we work hard and move quickly as a very coordinated team. If you are looking for an opportunity to grow and contribute in a fun, fast-paced environment, First Republic is the place for you. We have exceptional people focused on providing extraordinary service.

 

Organizational Objective/Purpose:
The Compliance Department at First Republic Bank is responsible for providing regulatory guidance to the Lending and Deposit business units of the Bank, and for evaluating, tracking and reporting on compliance with the applicable regulations. The Compliance Department aims to provide superior risk-based compliance and process management service throughout the Company in a fast-paced and dynamic environment.

The Director for Lending Compliance reports to the Bank‘s Chief Compliance Officer.

Responsibilities

We are looking for a Director who is able to:

 

Act as a knowledge resource for compliance-related matters and serve as a subject matter expert who is able to research and/or provide technical support to stakeholders in Bank business lines with regard to lending regulations, including but not limited to the following:

  • Truth in Lending Act
  • Real Estate Settlement Procedures Act
  • Home Mortgage Disclosure Act
  • Flood Disaster Protection Act

 

Actively partner with business line stakeholders to develop creative solutions and/or process improvements to ensure that new and existing loan products and programs comply with Bank policies and procedures and with applicable laws and regulations. 

 

Effectively interpret compliance laws and regulations and analyze their impact on existing policy and business practices.

 

Track the implementation of operational changes in order to maintain compliance with all applicable laws and regulations and with standard consumer and business lending practices.

 

Develop and maintain policies and procedures to foster a culture of compliance.

 

Participate in and/or lead projects involving the implementation of the following:

  • Processes to adhere to new or changing regulatory requirements;
  • Systems used for the origination, documentation, maintenance, evaluation and/or assessment of consumer and commercial loans; and,
  • New or expanding loan products, programs and delivery channels.

 

Participate in the testing and validation of newly implemented or changing proprietary and third-party systems and technologies.

 

Work with the Bank’s Training Director and with business lines to develop and deliver staff training on lending-related laws and regulations.

 

Problem-solve on a day-to-day basis. 

 

Participate in projects and perform other duties, as assigned.

 

Communicate process recommendations and findings in a diplomatic and effective manner.

 

Promote innovation and adoption of best practices through communication and education of partners within the Bank’s business lines.

 

Stay abreast of the regulatory environment and maintain competency through discussions with peers and participation in internal and external training opportunities, such as seminars, webinars, roundtables presented by regulatory agencies, law firms, bankers associations, etc.

 

Effectively maneuver through the organization, assist in influencing others, and keep up with the ever-changing and growing First Republic Bank landscape.

Qualifications

Key Skills, Knowledge, and Abilities:

  • Bachelor's degree in Business, Finance or equivalent.
  • CRCM certification preferred, but not required.
  • Minimum 10+ years of Bank, audit or regulatory compliance experience in consumer financial services field, or a regulatory agency.
  • Substantive/current knowledge of the consumer and commercial lending regulations applicable to banks, with particular expertise with the TILA/RESPA Integrated Disclosure rules, the Home Mortgage Disclosure Act and the Flood Disaster Protection Act.
  • Familiarity with mortgage operation processes, including but not limited to loan processing, closing and funding, is desired.
  • Strong, effective communication skills (written, verbal, and listening).
  • Must be a self-starter, strong, decisive, bottom-line and action-oriented manager who can obtain results.
  • Understanding of best practices in the compliance field.
  • Proven track record of complex problem solving and decision-making ability.
  • Excellent analytical, project management and interpersonal skills.
  • Effective leader, who is self-motivated, possesses a strong work ethic and is demonstrated team player.
  • Possess creativity – mental characteristic that allows a person to think outside the box, which results in innovative or different approaches to a particular task.
  • Exhibit accountability – personal ownership for actions, decisions.
  • Possess critical thinking – actively and skillfully conceptualize, apply, analyze and/or evaluate information gathered from, or generated by, observation, experience or communication.
  • Computer proficiency, specifically MS Office (Word, Excel, Access, PowerPoint, etc.)

Mental/Physical Requirements:

  • Vision must be sufficient to read data reports, manuals and computer screens.
  • Hearing must be sufficient to understand a conversation at a normal volume, including telephone calls and in person.
  • Speech must be coherent to clearly convey or exchange information, including the giving and receiving of assignments and/or directions.
  • Position involves sitting most of the time, but may involve walking or standing for brief periods of time.
  • Must be able to travel in a limited capacity

Options

Share on your newsfeed