Grant Thornton is seeking a Regulatory and Risk Compliance Manager to join our team in Arlington, VA. Additional approved locations include Charlotte, NC, Dallas, TX, New York, NY.

POSITION SUMMARY

The Regulatory and Compliance Solutions Senior Associate provides advisory and consultative services to financial institutions (primarily commercial/retail banks, mortgage companies, etc.) in addressing consumer protection regulatory consumer compliance matters, including Compliance Management System reviews, Compliance policy and procedure development, compliance testing, compliance training, regulatory examination readiness reviews, risk assessments, enforcement action remediation, compliance audits, etc.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Participate in the creation and tracking of proposals, engagement work plans, timelines, budgets, project management, resource allocations, and other business development activities as appropriate
• Research, analyze, and understand current market place issues and emerging regulatory requirements and guidance
• Manage and minimize engagement risk by proactively identifying issues and recommended courses of remediation
• Manage, develop, train, and mentor staff on projects and assess performance for engagements
• Maintain active communication with clients to manage expectations, ensure satisfaction, and become a trusted business partner
• Actively participate in recruiting top talent to the firm
• Attend professional development, networking events, and training seminars on a regular basis
• Meet or exceed targeted billing hours (utilization)
• Adhere to the highest degree of professional standards and strict client confidentiality
• Ability to work additional hours and/or travel as needed
• Other duties as assigned

Preferred Knowledge, Skills, and Abilities

• Knowledge of consumer protection principles, Compliance Management Systems, compliance risk management, consumer protection laws (TILA, ECOA, RESPA, Flood Insurance, HMDA, FDCPA, FCRA, UDAAP, TISA, EFTA, EFAA, SCRA, MLA, Privacy, etc.)
• Understanding of banking consumer protection laws and areas such as Fair Lending, Unfair or Deceptive Acts or Practices, Truth in Lending, Truth in Savings, etc.
• Understanding of consumer financial products and disclosures, 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.
• Knowledge of operational processes, systems, and controls relating to consumer financial products
• Practical experience involving compliance testing, compliance audits, compliance training, data analytics at banks and financial institutions of various types and sizes
• Familiarity with CFPB, FDIC, FRB, OCC, and NCUA compliance examination procedures
• Strong oral communication, written communication, organizational, technical and analytical skills
• Excellent teamwork and collaboration skills
• Ability to work independently, with moderate supervision

Qualifications

• Bachelor's degree in Accounting, Economics, Finance, Information Technology, Risk Management, or related field. An advanced degree is a plus
• A minimum of two to five years of relevant work experience working in compliance, risk or internal audit departments at commercial/retail banks or other financial institutions, in a similar consulting practice, or as a financial services regulator
• Proven technical ability handling compliance issues
• Compliance risk management, audit, or risk management, background highly preferred
• CRCM certification preferred
• Prior relevant consulting experience preferred
• Ability to work additional hours as needed and travel 40%-60% as required
  

The base salary range for this position in Manhattan / New York City only is between $96,200 and $137,200.