Kimberly Hughes
Director, Commercial Banking Risk & Compliance @First Merchants Corporation
Signup · Get unlimited contacts
WORK HISTORY
Director, Commercial Banking Risk & Compliance @First Merchants Corporation
Provide Commercial business unit (Lending and Treasury Management) oversight of compliance with primary federal and state regulations and statutes for the Commercial line of business. Work closely with Corporate Risk and Compliance as part of the Commercial line of business to ensure compliance of all banking-related rules and regulations. Work directly with the necessary parties in the collection and reporting of data for departmental exams andaudits.• Ensure commercial loan policies and procedures comply with applicable regulatory requirements.• Develop and monitor key risk indicators for the Commercial LOB.• Assist in other areas including product and system testing and development.• Serve as the subject matter expert in key laws and regulations for the Commercial LOB.• Monitor and analyze developing trends and changes in applicable banking laws and regulations.Assist management with the implementation of regulatory changes.• Assist in training Commercial line of business administrative and client-facing bankers oncompliance-related matters.• Maintain a working knowledge of compliance requirements affecting the position and scope ofresponsibility and actively learn new regulations and assist in the implementation.• Prepare and present annual Commercial LOB EnterpriseRisk Management Assessment, along with periodic updates.• Recommend corrective action for all Commercial LOB audit, compliance and loan review findings.• Evaluate risk in new and existing Credit and Treasury Management products and recommendprocess changes.• Serve as the Senior Model Risk Manager for all models managed by the Commercial LOB.• Serve as Departmental Records Manager for the Commercial LOB.• Direct the Risk Control Self-Assessment processes and the Aggregate Enterprise RiskManagement processes for the LOB.
EDUCATION
Oakland University
Bachelor of Science, Accounting
SKILLS
ABOUT KIMBERLY HUGHES
SUMMARYI am a Community Banking Business Compliance, Risk and Internal Controls Manager at Flagstar Bank, with a Bachelor of Science in Accounting and 20 years of experience in financial services and banking. I have a proven track record of ensuring compliance and regulatory oversight, conducting audits and internal controls, managing and mitigating risks, and improving and optimizing processes in the community banking sector.My core competencies include compliance and regulatory oversight, audit and internal controls, risk management and mitigation, process improvement and optimization, fraud detection and prevention, analytical and organizational skills, and team leadership and collaboration. I am passionate about providing leadership and drive to plan and execute organizational goals, while developing and implementing compliance strategy, structure, and processes. I am also skilled at maintaining proper licensing, registration, and filings, preserving documentation of all compliance activities, and delivering fraud detection and loss prevention training to employees and approved outside agencies.
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.