Job Information
Arkansas Employer Consumer Lending Division Senior Manager of Compliance, Control and Third Part Risk Management in Lowell, Arkansas
This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4195798
The CLD Senior Manager of Compliance, Control and Third-Party Risk Management (TPRM) at Arvest provides oversight of the Compliance, Control and TPRM functions for the Consumer Loan Division (CLD). As the Compliance subject matter expert, they ensure timely identification, mitigation, resolution and reporting of existing, emerging, and upstream regulatory risks and issues. Within the Control and TPRM pillars, they are responsible for the continued development, administration and effective monitoring of a risk-based control, process monitoring and review program. They ensure business strategies align with objectives, maintain and cultivate relationships with partners, teammates, and stakeholders, identify and address improvement opportunities, and serve as a catalyst for change.
? Manage, coach, and provide strategic leadership to the team with varying skill levels and backgrounds. Manage departmental resources and activities to ensure a high level of efficiency and effectiveness.
Mentor and train subordinates to continually improve services, support, and production for the division; responsible for all performance-related activities, including preparing and delivering performance reviews and any disciplinary recommendations.
Serve as the compliance subject matter expert, providing regulatory advice, risk oversight, awareness, risk-based assessment, and credible challenges in accordance with established policy.
? Partner with the Director to develop and execute strategic and tactical initiatives to ensure strong compliance and risk management framework for the division.
Develop and foster strong cross-functional relationships with internal and external partners and work collaboratively with stakeholders to influence and lead compliance initiatives.
Collaborate with the Director to anticipate the impact of the changing business environment and interact with operational leadership to meet strategic initiatives, adjusting assignments and processes as necessary.
Direct team in management of internal and external auditor requests, ensuring accurate, thorough, and timely communication and fulfillment of requested items such as documents or reports.
? Stay current on the regulatory environment and expectations, research and analyze trends related to compliance and third-party risk management and monitor for emerging risks and issues.
Collaborate with internal stakeholders to develop and improve policies, procedures, standards, and marketing materials to ensure they meet existing and new regulatory requirements.
Develop and administer a control testing program to monitor business quality and compliance processes/controls, ensuring effectiveness and compliance with all applicable laws, regulations, and rules governing operations and product offerings.
Analyze, research, and advise CLD business partners in resolving identified compliance issues by assisting in developing remediation plans and managing to full compliance with applicable rules or regulations.
? Develop processes and procedures to ensure compliance and TPRM risk issues are proactively identified, addressed, and resolved appropriately.
Assist the Director with analyzing, identifying, and overseeing third-party risk to CLD and driving the assessment, tracking and corrective actions for third-party partnerships. Ensure compliance with and support of the Arvest Third-Party Risk Management Policy and processes.
Partner with Arvest Third-Party Risk Management and senior management on the selection process, make recommendations for new third-party partnerships and ensure appropriate due diligence and management based on related criticality of the proposed services and potential access to data.
Understand and comply with bank policy, laws, regulati ns, and the bank\'s BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.
Carries out supervisory responsibilities in accordance with the organizations policies and applicable laws.