Compliance Officer; Bank​/Financial Services

Compliance Officer (Bank/Financial Services experience only)

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• Fosters the bank-wide culture that every staff position and every function has a regulatory compliance component.
• Designs and implements a comprehensive, bank specific Compliance Management System (CMS) incorporating multiple levels of responsibility and oversight.
• Reviews the panoply of federal regulations and maps the applicability of each regulation to the specific product and activity within the bank’s full range of products and services.
• Reviews functional / product line operating procedures to ensure they incorporate accurate and appropriate compliance outcomes, including departmental level QC procedures, and incorporates new regulations and regulatory interpretations into the bank’s operating procedures to ensure prompt compliance.
• Performs annual Compliance Risk Assessments which inform the focus and schedule of third‑party compliance audits annually.
• Coordinates and interfaces with FDIC staff during its periodic examinations.
• Coordinates or performs annual Risk Assessments across broad areas of the bank, providing senior management and the Board with the bank’s current risk profile and informing the bank’s audit program.
• Oversees the bank’s records retention and disposal programs.
• Responsible for the Disaster Recovery/Business Continuity/Incident Response program and its periodic testing.
• Conducts periodic Compliance Committee meetings.
• Establishes a CRA program to assure that the Bank performs well under the assessment factors in the regulations.
• Develops and submits to the Board an appropriate CRA Public File, reviews it periodically, and ensures it is available to the public upon request.
• Monitors the Bank’s CRA performance and recommends ways to senior management to improve the Bank’s CRA position in the community.
• Conducts all necessary training to assure Bank compliance with CRA expectations.
• Maintains and communicates audit/exam exception items through the audit monitoring spreadsheet.
• Ensures that management responses to audit findings are on point and promptly completed.
• Works with audit partners to ensure scope of individual audits is appropriately detailed on a risk basis.
• Prepares audit package for Audit Committee meetings and presents Audit Schedule and Audit Tracker.

Education

Bachelor’s degree in Business, Finance, or related field.

Experience

Minimum ten (10) years of banking experience within the defined market.

Knowledge

• Strong knowledge of regulatory bodies and the regulations and guidance issued by these bodies, overseeing banks, credit unions, and financial services organizations (FDIC, OCC, FinCEN, Federal Reserve Board, NCUA).
• Experience with business continuity planning, disaster recovery techniques, auditing, and regulatory requirements for banks, risk management, and contract and vendor negotiation.
• Demonstrated expertise in a variety of the field’s concepts, practices, procedures, security technologies, standards, and networking architectures.

Other Required

Skills And Abilities

• Working knowledge of Microsoft Word, Excel, Outlook, and other web‑based applications.

Certifications, Licenses and Registrations

CPA, CIA, or CRCM preferred.

Responsible for Compliance and Risk functions for the bank, serving as the audit liaison for all internal and external audits and examinations. This position is mission‑critical for maintaining a secure, regulatory compliant environment for the client financial institution and protecting non‑public information for employees and customers.

Annual Salary: $105,000 - $145,000 (USD)

• Seniority level:
  Mid‑Senior level
• Employment type:
  
  Contract
• Job function:
  Legal
• Industry: Professional Services

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