Apply on Employer Site

Nelnet · 2 days ago

Senior Compliance Manager - Compliance Risk Management

Draper, UT

Full-time

Onsite

Mid, Senior Level

$100K/yr - $130K/yr

5+ years exp

Nelnet is a diversified and innovative company committed to enriching lives through the power of service. The Senior Compliance Manager is responsible for driving elements of Nelnet Bank’s Compliance Management System, overseeing compliance advisory, training, and complaint management programs while collaborating with the Chief Compliance Officer and various teams.

Financial ServicesInformation TechnologyPayments

Responsibilities

Performs compliance due diligence and oversight of new products, services and initiatives at the Bank

Manages Nelnet Bank’s Complaint Management Program, including trending, analysis, issue identification, reporting, and process improvement

Develops and continually enhances due diligence tools for new products

Manages Nelnet Bank’s Compliance Training Program including LMS administration and supplementary training development and delivery

Leads Nelnet Bank’s marketing compliance reviews to ensure compliance with laws, regulations, policies, procedures, and guidance

Advises diverse business units and all levels of management on complex compliance risks and requirements

Keeps policies, procedures, and guides that are within primary scope of responsibilities up to date with the Bank’s risks, activities, and the changing regulatory landscape

Reports on CMS activities and outcomes to appropriate committees

Progressively increases personal knowledge of internal control concepts and applies them to enhance the compliance management system

Assists with the development and ongoing maintenance of the Bank’s strategic partner compliance program

Assists the Chief Compliance Officer with FDIC and UDFI compliance exams

Communicates opportunities and areas of improvement for compliance and/or operational activities such as enhancements to procedures, processes, training or technology

Engages effectively and proactively with Bank partners in deposit and lending programs

Assists in various compliance-related duties as needed

Qualification

Certified Regulatory Compliance ManagerCompliance Management SystemBank lawsRegulationsData analyticsRisk management frameworkCommunication skillsNegotiation skillsPresentation skillsAdapt

Required

Bachelor's Degree in related field

5 or more years in audit, compliance, fair banking, complaints, risk management, or governance related field

Experience working with and overseeing third parties

Experience with fair lending laws and regulations

Extensive knowledge of bank laws and regulations including but not limited to Unfair, Deceptive, or Abusive Acts and Practices (UDAAP); Truth in Lending Act; Truth in Savings Act; Equal Credit Opportunity Act; Fair Credit Reporting Act, Servicemember Civil Relief Act, Military Lending Act, Electronic Fund Transfers Act, Garnishments of Accounts Containing Federal Benefit Payments, and privacy laws

In-Depth Knowledge of the three lines of defense risk management framework

Ability to work independently on multiple issues concurrently and to exercise independent judgment in establishing priorities

Data analytics

Ability to succeed in a fast pace, heavy workload, environment

Ability to communicate complex concepts

Excellent oral, written, negotiation and presentation skills

Ability to adapt to a highly diversified and changing environment