Compliance Officer, Finance & Banking

Compliance Officer

Compliance Officer need for well-established California bank that has been in operation for over 100 years

$/yr - $/yr

• Leverage the latest Network technologies
• Strong benefits (M,D,V, and 401k)
• Profit sharing contribution
• Flexible work environment
• Extra paycheck at Christmas

• Supports the Chief Compliance Officer and the Bank in evolving and strengthening the compliance program in all areas of the program and where support is needed.
• Monitors federal and state banking laws, regulations and compliance topics to provide support and assistance to the key business stakeholders to assess applicability and impact, so that the Bank can proactively address requirements. Primary areas of support and coverage will include but not limited to corporate safety and soundness requirements related to Regulation O, Regulation W, Regulation H, Regulation Y, Bribery Act and Foreign Corrupt Practices Act.
• Experience with developing compliance monitoring and testing programs, reporting and tracking remedial actions plans with business units.
• Coordinates the creation, review, and implementation of policies and procedures resulting from new laws and regulations and supports the Bank’s policy governance and change management process.
• Proactively provides advice and guidance to business unit management on key compliance topics related to interpretation of regulations, new or changes to products and services, review of policies and procedures, remedial actions for self-identified issues and/or compliance testing and monitoring, and breach of policy or regulations.
• Responsible for developing periodic written compliance reports to share with Board, executives and business unit management regarding key compliance issues identified.
• Work with key stakeholders to identify remediation plans for noncompliance situations and monitoring for completion.
• Stays abreast of changes in banking laws and regulations, industry and regulatory trends, and best practices and keeping peers and business partners informed of relevant information.
• Reviews customer complaints to assess compliance with federal regulations and laws and conducts root cause analysis.
• This role is to support management and to enhance the Bank’s compliance management system that aligns to the Bank’s ERM standards and includes risk assessments on key regulations, compliance monitoring and testing, training to business units, marketing and disclosure review, policy and procedure management, complaints program, internal and external reporting, change management, breach management, and exam management.
• While the job description of this role is the primary function, there may be other compliance areas that may require additional oversight as deemed necessary by the Chief Compliance Officer, and the individual must have experience or capability to learn and obtain the expertise to support the activities required.

• Bachelor’s Degree is required
• Working experience in a regional banking organization (RBO) is required.
• 10+ years of compliance experience and familiarity with risk management requirements of an RBO
• Must have experience with Regulation O, Regulation W, Regulation H, Regulation Y
• Industry accreditation is preferred, e.g., CRCM.
• Strong working knowledge of banking products, operations, structure and/or lending practices
• Extensive knowledge of state and federal banking laws and regulations
• The ability to work independently, deal professionally and effectively with peers and superiors is essential, and strong written and oral communications skills.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories.

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