Banking Regulatory Compliance Risk Director

As a Banking Compliance Risk Director, you will get the opportunity to grow and contribute to our banking clients' business needs by providing in-depth technical knowledge on emerging regulations and help organizations leverage efficiencies within the Regulatory Compliance Practice – all with the resources, environment, and support to help you excel. You’ll collaborate with teams to provide comprehensive compliance optimization strategies, to help clients remediate regulatory gaps, streamline operations and limit risk exposure.

From day one, you’ll be empowered by the greater Risk team to help clients make the moves that will help them achieve their vision and help you achieve more, confidently. 

 

Your day-to-day may include:

• Perform engagement management responsibilities, including performance reviews, task delegation, project scheduling, project financials, quality review, and client management
• Lead and support business development activities, such as proposals, capture, account teams, whitepapers, conferences, and/or other thought leadership material
• Meet or exceed sales targets for new and follow-on work
• Build, maintain, and utilize networks of client relationships and industry involvement and communicating our value proposition 
• Maintain active communication with clients to manage expectations, ensure satisfaction, and become a trusted business partner
• Work closely with Grant Thornton managers and partners to promptly identify and resolve client concerns
• Develop and track engagement work plans, timelines, budgets, and resource allocations
• Manage and minimize engagement risk by proactively identifying issues and recommending courses of remediation
• Research, analyze, and understand current marketplace issues and emerging regulatory requirements and guidance
• Participate in and speak at industry conferences, seminars, and associations
• Communicate externally with clients and internally with all levels of the organization 
• Adhere to the highest degree of professional standards and strict client confidentiality
• Manage, develop, train, mentor staff on projects and assess performance for engagement and year-end reviews
• Actively participates in recruiting top talent to the firm and interviews campus and/or experienced candidates
• Other duties as assigned

You have the following technical skills and qualifications:

• Bachelor’s or Master’s degree in Accounting, Economics, Finance, Information Technology, MIS, or related field
• Minimum 12 years of related work experience working in compliance, risk or internal audit departments at commercial/retail banks or other financial institutions, or in a similar consulting practice
• Certification required, CRCM certification preferred and/or former commissioned bank examiner with the FDIC FRB, OCC, or CFPB preferred 
• Proven technical ability handling compliance issues
• Knowledge of consumer protection principles, compliance management systems, compliance risk management, and consumer protection laws in the banking industry (UDAP/UDAAP, TILA, ECOA, RESPA, Flood Insurance, HMDA, FDCPA, FCRA, UDAAP, TISA, EFTA, EFAA, SCRA, MLA, Privacy, etc.)
• Understanding of banking regulatory hot topics, focus areas, and concepts, such as Fair Lending, Unfair or Deceptive Acts or Practices, Fraud Prevention, Capital and Liquidity Management, etc.
• Knowledge and understanding of consumer financial products, including transaction accounts, savings deposits, time deposits, prepaid cards, mortgages, home equity loans/lines of credit, credit cards, auto loans, student loans, personal loans/lines of credit, and overdraft services
• Experience with operational processes, systems, and controls relating to the development, marketing, origination, servicing, and termination of consumer financial products at banks and financial institutions of various types and sizes
• Practical work experience involving compliance testing/monitoring, compliance audits, compliance training, control testing, and data analytics at banks and financial institutions of various types and sizes
• Familiarity with CFPB, FDIC, FRB, OCC, and NCUA compliance examination procedures
• Understanding of the risk-based approach and methodologies used across the different stages of an internal audit, including Risk Assessment, Scoping, Audit Work Program Development, Design Assessment, Operating Effectiveness Testing, Root Cause Analysis, Reporting, and Issue Validation
• Work experience in a similar Compliance and/or Regulatory Compliance consulting practice or function servicing cross-industry clients at a national level
• Exceptional client service with a demonstrated ability to develop and maintain outstanding client re