Sr Compliance Officer - UDAAP

Location:

4910 Tiedeman Road, Brooklyn Ohio

Job Summary
The Sr Compliance Officer has responsibility for executing of testing and continuous monitoring to evaluate Key’s UDAAP compliance with regulatory requirements.  Additional monitoring activities may include but not limited to leading data integrity testing, leading review and challenge of procedures, developing training, training program content, reporting results including to Line of business, etc.  This position will utilize data analysis tools and techniques to analyze, quantify, and/or assess UDAAP risks and to evaluate controls to identify potential weaknesses and/or control gaps. This position will also lead monitoring and recommend improvements to business processes, which are necessary to meet regulatory changes and further mitigate UDAAP compliance risk exposure to Key. This position will develop and maintain strong, collaborative relationships with all lines of defense. 

 

 

Moreover, partnering with the LOB while balancing the fiduciary oversight role are important to the Bank and, in certain situations, requires approval or denial on high-risk initiatives, products, third parties and clients.  This role is expected to promote an organizational culture that encourages acknowledgement and recognition of compliance risks and places a high priority on risk management.  

Essential Functions

• –  Assist with coordination in the development of a bank-wide approach to UDAAP risk management, which focuses on identifying, measuring, mitigating, monitoring, and reporting of UDAAP related  risks.  

  –   Assist with Second Line of Defense “review and challenge” activities and escalation, employing independent testing, as appropriate. 

  –  Execute testing and continuous monitoring to evaluate Key’s UDAAP compliance with regulatory requirements including. 

  – Deliver testing results within established timeframes and identify opportunities, establish action plans, and drive solutions to continuously improve compliance program, and increase efficiency 

  –  Additional monitoring activities may include but not limited to data integrity testing, assisting with the review and challenge of procedures, developing training, training program content, reporting results including to Line of business, etc.