ZipRecruiter

Log In

1

Udaap Jobs in Ohio (NOW HIRING)

KeyBank

Sr Compliance Officer - UDAAP

Brooklyn, OH · On-site

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 ...

Keybank

Sr Compliance Officer - UDAAP

Brooklyn, OH · On-site

Location: 4910 Tiedeman Road, Brooklyn Ohio Job Summary The Sr Compliance Officer has responsibilityforexecuting oftesting and continuous monitoring to evaluate Key'sUDAAPcompliance with regulatory ...

next page

Showing results 1-20

People also search for

All JobsUdaap JobsUdaap Jobs in Ohio

Udaap information

What are the key skills and qualifications needed to thrive as a UDAAP (Unfair, Deceptive, or Abusive Acts or Practices) Compliance Specialist, and why are they important?

To thrive as a UDAAP Compliance Specialist, you need a deep understanding of consumer protection laws, risk assessment, and regulatory compliance, often supported by a degree in law, finance, or a related field. Familiarity with compliance management systems, regulatory research tools, and certifications like Certified Regulatory Compliance Manager (CRCM) is highly valuable. Strong analytical thinking, attention to detail, and effective communication skills help you interpret regulations and educate stakeholders. These skills ensure organizations remain compliant, avoid legal penalties, and uphold fair treatment for consumers.

What are some common challenges faced by professionals working in UDAP (Unfair, Deceptive, or Abusive Acts or Practices) compliance roles?

Professionals in UDAP compliance roles often navigate the challenge of interpreting broad and evolving regulations to ensure their organization avoids practices that could be deemed unfair or deceptive. They must stay updated on regulatory guidance and enforcement actions, which can shift with changes in laws or regulatory priorities. Collaboration with legal, risk, and business units is crucial to proactively identify and mitigate potential compliance issues. Additionally, UDAP specialists often educate employees across departments, ensuring consistent understanding and application of policies throughout the organization.

What are UDAAP and why are they important in the financial industry?

UDAAP stands for Unfair, Deceptive, or Abusive Acts or Practices. These are standards set by regulatory agencies, such as the Consumer Financial Protection Bureau (CFPB), to protect consumers from harmful behaviors by financial institutions. UDAAP regulations are crucial because they ensure that consumers are treated fairly, that products and services are transparent, and that companies do not engage in practices that could exploit or mislead customers. Compliance with UDAAP helps organizations avoid legal penalties and maintain trust with consumers.

What is the difference between Udaap vs Data Analyst?

AspectUdaapData Analyst
Required credentialsTypically a background in data analysis, statistics, or related fieldsBachelor's degree in data science, statistics, or related disciplines
Work environmentTech companies, digital marketing, or analytics firmsBusiness, finance, healthcare, and various industries
Employer usageUsed for analyzing user data, app performance, and digital marketing metricsUsed for interpreting data, creating reports, and supporting decision-making

Udaap and Data Analyst roles share overlapping skills in data analysis and require similar educational backgrounds. However, Udaap focuses more on analyzing user data within digital platforms, while Data Analysts often work across diverse industries to interpret data and generate insights. Both roles are essential in data-driven environments but serve different specific functions.

What are popular job titles related to Udaap jobs in Ohio? For Udaap jobs in Ohio, the most frequently searched job titles are:
What job categories do people searching Udaap jobs in Ohio look for? The top searched job categories for Udaap jobs in Ohio are:
Udaap jobs near you
Sr Compliance Officer - UDAAP

Sr Compliance Officer - UDAAP

KeyBank

Brooklyn, OH • On-site

Full-time

Posted 3 days ago

KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 89 frontline employees who took The Breakroom Quiz

38th of 141 rated banks

Job description

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.
    - 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
    - Monitor and recommend improvements to business processes, which are necessary to meet regulatory changes and further mitigate UDAAP compliance risk exposure to Key.
    - Assist with supporting the LOB on UDAAP -related regulatory exam and internal audit activities
    - Clearly document and communicate the results or conclusions from any UDAAP testing and monitoring performed and provide heightened awareness around significant risks and proactive identification, escalation, and remediation of control weaknesses or gap
    - Develop and maintain strong, collaborative relationships with mid to senior level management, other internal clients and peers, and Audit
    - Assist with ad hoc tasks as required to ensure team objectives are achieved, even where outside usual area of responsibility
    - Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
    - Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.

Required Qualifications
  • Bachelor's Degree , or an advanced degree (preferred)
  • Minimum 3 years of UDAAP Compliance experience with strong knowledge of applicable regulations, and a strong focus on risks and controls.
  • CRCM certification (preferred)/
  • Knowledge of internal controls, risk assessments, and compliance testing and monitoring processes (including analytics), and applicable techniques for implementation of regulatory compliance requirements and compliance processes.
  • Demonstrated skill in effectively communicating (verbal and written) results to a diverse audience; ability to work with all levels of management with a focus on collaboration and relationship management. - Ability to work closely with a diverse/cross-functional group and ability to work well in a team environment to achieve results
  • Strong critical thinking, detective, analytical, and problem-solving skills.
  • High ethical standards, strong critical thinking, detective, analytical, and problem-solving skills
  • Detail-oriented, with the ability to multi-task and work in a fast-paced, changing environment to juggle and see multiple projects from start to finish with little guidance and on tight deadlines.
  • Strong written and oral communications and interpersonal skills, ability to develop and maintain strong, collaborative relationships with all lines of defense.
  • Autonomous, self-motivated, and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment

Core Competencies
  • All KeyBank employees are expected to demonstrate Key's Values and abide by Key's Code of Conduct.

Physical Demands
  • General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Work Location Category
  • Hybrid (3+ days)

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 05/28/2026KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
#LI-Hybrid

What KeyBank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

KeyBank logo

About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849

View All KeyBank Jobs

Apply