Dealership:L0238 Driveway Finance Corporation

　　DFC Regulatory Compliance Manager

　　The DFC Regulatory Compliance Manager will be responsible for developing, executing, and monitoring company standards and processes and ensuring regulatory compliance requirements are adhered to by all departments of the organization. One of the primary objectives is to maintain a systematic approach in evaluating and improving risk management, governance processes and controls.

　　The DFC Regulatory Compliance Manager reports to the Senior Manager of Regulatory and QAQC.

　　Responsibilities

　　Standard-Operating-Procedures (SOP’s) – Creating or assisting in the creation of all DFC SOP’s. Manage SOP system and the review and approval process. Assist the Regulatory Compliance and Credit Quality Control staff in the creation and administration of organizational SOP’s.

　　Regulatory Change Management - Drive the organization to meet all state, local, federal, international, and financial regulations. Keep abreast of the regulatory environment by conducting compliance research and analysis of new/pending laws, regulations, interpretive rulings, and regulatory agency directives. Procure attorney advisement and compile all necessary components for entire scope of risk for operations practice & expansion and present all available business decisions. Assess compliance risk, correct compliance deficiencies identified by internal and external examinations, identify root cause of compliance exceptions, and develop corrective actions.

　　Business Change Management – Create and administer a process to document and approve changes to core DFC business processes that involves getting appropriate reviews from other departments as necessary. Identify new or changing rules or regulatory requirements, and support DFC department leaders in ensuring compliance with those requirements upon effective date of changes. Test and validate new requirements within the control environment.

　　Training – Compile and assign all regulatory training to all DFC staff. Track and report training progress. Assist in the coordination and reporting of other DFC training.

　　DFC Control Matrix – Assist in the creation, administration, and documentation of the DFC Control Matrix for both QC and regulatory controls; identify preventative, detective, and corrective control needs. Some items involved in the control matrix outline include: points of risk identification within all policies, procedures, processes, and documents; as well as authorization, completeness, accuracy, validity, error handling, segregation of duties, safeguarding and securing information standard control.

　　DFC Complaints – Process, document, investigate, and resolve all DFC Complaints and escalate Complaints according to internal processes and risk levels.

　　DFC Third-Party Risk Management – Evaluate, document, and remediate key DFC third-party vendors to ensure compliance with business standards. Ensure frequent, timely control evaluation on third-party vendors. Facilitate remediation plans for non-compliance with vendors.

　　Manages employees for Quality Assurance and Quality Control departments

　　Regulatory & QC Reviews – Create, implement, and document review results for DFC SOP’s.

　　Regulatory Affairs & Licensing - Act as a liaison between organization and state, local, federal, and international agencies to submit required forms and paperwork to ensure maintenance with currently held or future licenses. Work with external legal counsel to determine licensing needs and requirements for compliance and implement accordingly.

　　Remediation – Investigate, document, and resolve all DFC control findings or findings outside of the control environment that require formal remediation.

　　Other duties as assigned.

　　Skills and Qualifications

　　5+ years progressively complex compliance experience

　　Experience in auto finance, auto finance compliance, consumer protection and business risk, employee management, operational standards monitoring and efficiency strategy.

　　Working knowledge of retail lending products and originations processes preferred

　　Supervisory or management experience required

　　Strong attention to detail

　　Sense of urgency

　　Excellent communication

　　PC skills including knowledge and use of MS Office (Excel, Word, Windows, etc.)

　　Competencies

　　Does the right thing, takes action and adapts to change

　　Self-motivates, believes in accountability, focuses on results, makes plans and follows through

　　Believes in humility, shares best practices, desires to keep learning, measures performance and adapts to improve results

　　Thrives on a team, stays positive, lives our values

　　Physical Demands

　　The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.*

　　Up to 1/3 of time: standing, walking, lifting up to 25 pounds

　　Up to 2/3 of time: sitting, kneeling, reaching, talking, hearing

　　*Reasonable accommodations may be made to enable individuals to perform the essential functions.

　　NOTE: This is not necessarily an exhaustive list of responsibilities, skills, or working conditions associated with the job. While this list is intended to be an accurate reflection of the current job, the company reserves the right to revise the functions and duties of the job or to require that additional or different tasks be performed.

　　We offer best in class industry benefits:

　　Competitive pay

　　Medical, Dental and Vision Plans

　　Paid Holidays & PTO

　　Short and Long-Term Disability

　　Paid Life Insurance

　　401(k) Retirement Plan

　　Employee Stock Purchase Plan

　　Lithia Learning Center

　　Vehicle Purchase Discounts

　　Wellness Programs

　　High School graduate or equivalent, 18 years or older required. Acceptable driving record and a valid driver's license in your state of residence necessary for select roles. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.

　　At Lithia & Driveway, we stand by our mission of Growth Powered by People, as we build a workplace that ignites ideas and opportunities to Earn Customers for Life. Our focus is on making the customer experience better; as we aim to meet our customers’ needs whether in person, online or a combination of both.

　　Lithia & Driveway is the largest automotive retailer in North America and listed on the Fortune 500 (NYSE: LAD). Drive your career forward with roles in Sales, Finance, Service, Technology and Corporate. With thousands of vehicles and hundreds of locations, the career possibilities are endless. Join us as we accelerate towards growth in automotive and beyond!