Lending Governance & Control Analyst
What will your day look like?
You will partner with leaders in the Lending lines of business to create, execute and monitor internal processes and procedures compliant with regulatory requirements and industry best practices. The incumbent will serve as the liaison between Internal Audit, External Audit, Compliance, Business Risk and the business to develop remediation plans for audit findings, as well as, design compliant processes within the lending platforms. The Lending Governance & Control Advisor will manage timely delivery of action items, controls and procedures. The incumbent will create ongoing monitoring practices and develop independent monitoring plans to review business processes, products, and services for adherence to internal policies and standards and compliance with applicable federal, state, and local laws and regulations. The Governance & Control Advisor will work with the business to design adaptable lending platform processes that are compliant, as well as, develop remediation plans, validation of remediation efforts, and to confirm monitoring results. Additionally, this individual will be responsible for providing key stakeholders timely and accurate reporting on the status of all risk related issues and events. General direction is received from the Vice President, Asset Operations Transformation.
Responsibilities
Do you see yourself doing this?
- Work with various lines of business to ensure that all Risk Issues and Events are comprehensively captured and closed within established target dates
- Develop and implement first line of defense standards and policies appropriate for the business that conform to the principles and policies established by Risk Management, Audit and Compliance
- Develop, execute, and validate remediation plans for assigned business areas, products, and services
- at the credit union or third parties
- Plan and lead internal reviews, audits and benchmarking against regulations and standards
- Provide metrics and data on findings to ensure prioritization for remediation and closure
- Utilize the Governance, Risk, and Compliance (GRC) repository to conduct trending and analysis on identified findings
- Interpret patterns of non-compliance to determine impact on levels of risk and work with the appropriate resources to drive higher levels of compliance
- Analyze issues to determine root cause and provide recommendations for remediation plans to management and business.
- Collaborate with business partners to create, improve, and scale compliant processes within the lending platform
- Follow written policies, standards, and procedures for how the remediation and monitoring programs are designed to function.
- Coordinate assigned monitoring according to monitoring plan schedule.
- Work closely with internal partners to identify process gaps
- Work as an agent on the businesses behalf when working with the 2nd and 3rd lines of defense
- Write clear issue statements and develop effective remediation plans.
- Provide clear and concise remediation status reports
- Design effective controls and monitoring plans.
- Deliver results and potential findings from monitoring activities to members of management.
Qualifications
What makes you a great fit?
You’ll be a great fit if in addition to the completion of a Bachelor’s degree required, and you have:
- Minimum of 3 years of experience in a testing, audit or quality control background, preferably in the financial services industry is required
- 5 + years risk and compliance experience preferably in Financial Services industry
- Broad knowledge of financial services and industry best practices for continuous improvement in Compliance, Audit and Business Risk Management.
- Excellent analytical skills.
- Exceptional written and verbal communication skills.
- Ability to influence and build strong partnerships.
- Highly effective time and project management skills.
- Technical aptitude and ability to work collaboratively with a team.
- Excellent influencing and negotiation skills.
- Detail oriented with good time management skills.
- Demonstrated ability to handle multiple assignments simultaneously in a time-bound schedule.
- Effective stakeholder management skills.
- Expert problem solving, decision making and analytical skills.
- Expert level of proficiency in Excel, PowerPoint, and other Microsoft Office applications.
- Experience with working and developing within Microsoft Access Database preferred.
When you’re happy, we’re happy!
As a thank you for joining our team, you’ll benefit from:
- Competitive medical, dental, and free vision benefits
- Competitive compensation plan
- Contributions towards gym memberships
- Generous PTO and banking holidays off