Compliance Officer - Commercial Servicing and Default
Cleveland, OH 
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Posted 2 days ago
Job Description

Location:

For Those Who Work At Home - Various, Ohio 44145

ESSENTIAL FUNCTIONS

The Commercial Lending Compliance Officer - Servicing and Default, will be a member of the Commercial Lending and Servicing Compliance team within Compliance Risk Management. The Commercial Lending Compliance Officer - Servicing and Default, will provide support to business and commercial lines of business by researching, interpreting and assisting with applying the related laws and regulations. As subject matter expert, the Commercial Lending Compliance Officer - Servicing and Default, will provide consultative advice, perform oversight activities and assume responsibility for mitigating and discouraging actions that may expose KeyCorp and its affiliates to risk outside its desired risk appetite.

For assigned lines of business, serve as a corporate subject matter expert for all compliance risks.

  • Develop relationships of trust and confidence with the designated lines of business.
  • Provide oversight and monitoring of line of business processes and controls.
  • Proactively identify process improvements or control gaps and facilitate necessary associated changes.
  • Keep abreast of new laws and regulations, and perform impact and gap analyses as applicable.
  • Assist with regulatory compliance exams.
  • Assist with corporate policy and training development.
  • Educate and provide consultative advice on related regulations.
  • Provide independent review and challenge on various line of business activities.
  • Assist with issues management and resolution.
  • Participate in or lead various projects related to mitigating risk to Key.
  • Assist the broader Commercial Lending and Servicing Compliance team with various aspects of commercial banking.

REQUIRED QUALIFICATIONS

  • Bachelor's Degree required; substantial industry experience may be substituted for a Bachelor's Degree; Juris Doctorate or CRCM preferred.
  • 3-5 years of experience as a financial services compliance professional, bank regulator or other comparable legal experience.
  • Demonstrated knowledge of the regulatory requirements related to servicing and default compliance.
  • Experience applying and interpreting SCRA, FCRA, ECOA, UDAP, state law requirements, and other commercial or banking laws and regulations.
  • Ability to comprehend and interpret federal and state laws that apply to servicing and default, or other commercial banking requirements.
  • Strong relationship management and leadership skills.
  • Candidate must possess the wherewithal and flexibility to undertake new functions/tasks as the Compliance Risk and line of business evolves and grows.
  • Proven ability to work in a team environment.
  • Sound decision-making skills; able to make decisions independently and quickly.
  • Solid written and oral communication skills.
  • Sound understanding of compliance risks.
  • Strong research skills coupled with strong problem solving/analytical skills.
  • Strong attention to detail.
  • Experience working within the three lines of defense model strongly considered.
  • Demonstrated commitment to a diverse, inclusive workplace.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $90,000 to $110,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

Job Posting Expiration Date: 06/01/2024

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.


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KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3 to 5 years
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