Busey · 10 hours ago
Commercial Business Risk and Compliance Manager
Glenview, IL
Full-time
Onsite
Senior Level, Lead/Staff
$80K/yr - $100K/yr
8+ years expBusey is a financial services organization seeking a Commercial Business Risk and Compliance Manager. This role is responsible for developing and implementing business procedures to minimize regulatory and financial risks, serving as a subject matter expert on commercial lending laws and providing consultative advice across lending processes.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Assess controls frameworks throughout the commercial business lines for adequacy against the Company’s enterprise-wide controls framework with an emphasis on regulatory compliance controls
Provide recommendations for improvements where deficiencies are identified and monitor resolution/implementation of the recommendations
Provide guidance to business line staff to ensure control design and/or enhancement objectives adequately mitigate risk in the most operationally efficient manner possible
In coordination with business line staff, develop or enhance control testing standards and monitoring tools to evaluate the design and operating effectiveness of key controls; monitoring includes, sample testing, end-to-end process reviews and reviewing key indicators
Function as a liaison between the second line of defense and the business lines to ensure appropriate coordination on commercial-related changes in law and regulation by translating the regulatory impact into the business lines’ operations
Support change management necessitated by 1) the impact of new legislation/regulations or 2) the introduction or modification of new products and services; assist business line staff in implementing monitoring programs to ensure new processes/controls are effective
Provide direct assistance to business lines in support of enterprise-wide efforts to identify, assess, measure, monitor, and report risk; when levels of risk are outside of appetite, assist in implementing mitigating controls and ensure evidence of associated training
Create and maintain reporting that captures the status of a variety of risk and compliance projects and initiatives to keep business line staff and management, as well as second line partners, informed about first line priorities and progress
Respond to a variety of queries from business line staff, and other internal parties, insofar as they relate to commercial risk and compliance initiatives
Responsible the data accuracy of the CRA and HMDA reportable loans, ensuring no lapses in flood insurance coverage, and the preparation of flood letters for the commercial lending division
Qualification
Required
Bachelor's degree or the equivalent combination of education and experience
8-10 years' experience in financial services with an audit, risk management or compliance background and/or experience with commercial lending processes, credit risk processes and compliance requirements
Strong oral and written communication skills; can adapt communication and presentation style to fit various audiences
In-depth and up-to-date knowledge of commercial lending regulations and trends, which include certain consumer and small business protection regulations
Design and documentation of procedures and controls that promote consistent and repeatable processes
Develop new procedures and approaches to remediate a variety of issues and findings
Develop testing and monitoring programs and related metrics to measure the effectiveness of business processes
Problem-solve by making sound and timely recommendations or decisions to keep forward progress; is discerning and applies situational knowledge to determine appropriate action or escalation
Identify process efficiency and automation opportunities to strengthen control effectiveness
Establish and maintain collaborative partnerships at all levels throughout the organization; facilitate cooperation between process leaders when conflicting views and priorities arise
Manage a department and team of associates
Proficiency in Microsoft Office required
Preferred
Business or Finance degree preferred
Large-bank experience (> $10B) strongly preferred
Current Certified Regulatory Compliance Manager (CRCM) certification preferred
Smartsheet and other project and reporting tools preferred
Benefits
401(k) match
Profit sharing
Employee stock purchase plan
Paid time off
Medical
Dental
Vision
Company-paid life insurance
Long-term disability
Supplemental voluntary life insurance
Short-term and long-term disability
Wellness incentives
Employee assistance program
Pre-tax health savings accounts
Flexible spending accounts
Company
Busey
Busey is a financial company that offers wealth management, banking, brokerage, and mortgage services.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$200M2025-05-14Post Ipo Equity· $200M
2001-06-14IPO
Leadership Team
Christopher Chan
Chief Financial Officer
Recent News
First Busey Corporation
2025-10-29
2025-09-29
2025-09-05
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