Compliance Specialist - Sr

Description

Responsible for developing and maintaining various aspects of the Compliance pillar framework including development, maintenance and oversight of the regulatory change process, review and monitoring of third-party relationships for compliance risk, maintaining and overseeing corporate compliance owned policies and operating procedures, assistance with Board and Management level reporting, performing Regulation O reporting and recordkeeping requirements and other program office related activities, as needed.

Major Areas of Accountability (Core)

• Manage communication of statutory and regulatory developments to appropriate business or support units across the Bank.

• Collaborate with other departments to research and monitor changes in the law and regulations at the federal, state and local level, including statutes, regulations and other regulatory guidance to ensure timely assessment and gap analysis by legal, compliance or other support staff regarding the impact on the Bank's products, services and businesses.

• Maintain and oversee the regulatory change management framework including procedures, guidelines, tools and templates for use by internal customer executing their projects. Strive for continuous improvement, streamlining and efficiencies in the process including enhanced design, monitoring and communication. Leveraging systems/automation to automate where possible.

• Responsible for monitoring for both new third party relationships, and for scheduled/existing third-party ongoing monitoring for compliance risk. Determine and notify appropriate Compliance SME of required assessment. Maintain and manage tracking of completed assessments and verification process.

• Establish and maintain a tracking calendar of the required review and completion of Corporate Compliance policies and procedures. Coordinate with Compliance SMEs and Legal on the timely review of the policy/procedure in a timely manner. Obtain policy approval from appropriate Compliance committee and provide a final version to Enterprise Policy & Governance by the due date. Communicate new and updated Compliance policies/procedures to compliance colleagues.

• Compile quarterly and annual reporting required by the FDIC Call Report and SEC Regulation S-X requirements. Responsible for maintenance of relationship indicators in the Bank's system of record, performing preferential reviews on consumer extensions, validating board approval and acknowledgment packets, and maintaining adequate documentation to evidence compliance with the Program.

• Responsible for confirming, on an as needed basis, the nature and extent of credit extensions to Insiders covered by Reg O, as well as applicable Related Interests. Coordinate annual Regulation O training requirements for Bank colleagues that includes an overview of Regulation O and its requirements and identifying Insiders and Related Interests the Bank's system of record.

• Assist the Director and/or Chief Compliance Officer with writing, editing, and in limited circumstances, presenting compliance material.

• Responsible for developing and maintaining procedures, guides and tools for areas of responsibilities within the Compliance Program Office.

Supervisory Responsibilities

• N/A

Basic Qualifications

• Bachelor's degree or equivalent work experience in the financial industry.

• 3 years of compliance risk management in the finance industry with Ability to organize and motivate peers across various business lines to execute against complex projects and defined timelines.

Preferred Qualifications:

• Research experience: ability to interpret laws and regulations and provide solutions

• Ability to multi-task and reprioritize tasks as needed.

• Project management skills. High degree of initiative and excellent organization skills.

• Detail oriented. Ability to problem solve and assess work priorities.

• Experience with supervisory compliance examination under CFPB, OCC, FFIEC, and FinCEN.

• Experience as a regulatory bank examiner, financial industry compliance professional, or consultant.

• In-depth knowledge of Federal and State consumer protection and public interest laws and regulations, supervisory compliance examination procedures, regulatory guidance and industry best practices.

• Excellent written and verbal communication skills. Strong interpersonal, collaboration and advocacy skills. Strong presentation skills.

• Ability to motivate peers and senior leaders and assess work priorities.

• Computer aptitude with emphasis on Microsoft Office applications.

• Experience leveraging data/systems to automate processes and bring efficiencies.

• Ability to identify process enhancements and efficiencies and redesign process accordingly without sacrificing quality of output.

• Knowledge of banking operations and bank technology.

LI-MK2

LI-HYBRID

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type

Hybrid

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position

This employer will not sponsor applicants for the following work visas: F-1 student, H-1B worker, O-1 worker, TN worker, E-3 worker. Applicants must be currently authorized to work in the United States on a full-time basis.