Compliance Manager, Monitoring

Compliance Manager, Monitoring page is loaded## Compliance Manager, Monitoring remote type:
Hybrid locations:
Merrillville, INtime type:
Full time posted on:
Posted Yesterday job requisition :
R2690

Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and talent that our associates invest in their work represents a significant part of not only our culture, but our reputation and company’s achievement as well.
**** A Centier Associate
**** is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results. Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
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* Supervisory Responsibilities:

** Yes, they will manage a team of compliance associates.
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* Summary:

** The Compliance Manager will be responsible for ensuring compliance with federal and state banking regulations, as well as all Centier Bank policies, procedures and standards. This position will be responsible for working closely with the Bank's Strategic Partners and Business Units to review contractual and regulatory compliance requirements, perform due diligence, assess compliance risks, monitor for adherence to policies and regulations, and manage compliance activities associated with changes to products, services, and/or regulations.

This position will help manage the Bank’s Compliance functions to ensure operational effectiveness, adequate oversight and control of the bank’s compliance activities. The Compliance Manager will support the Chief Compliance Officer through interpretation of regulations, evaluating data and making decisions and provide recommendations and guidance to the associates as well as Senior leadership and the Business Units.
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* Essential Duties and Responsibilities:

*** Act as the primary contact for assigned Business units with respect to compliance-related matters and activities.
* Oversee and monitor the Compliance Management Systems
* Inform Senior Management and support teams of key developments related to regulatory compliance and determine the impact of those developments to the Bank
* Ensure that existing and proposed business practices comply with policies and procedures as accomplished through origination software systems; loan pricing; marketing materials; customer correspondence; and product documents and disclosures
* Stay abreast of all federal and state regulatory changes related to consumer and commercial lending, privacy, and anti-money laundering. Ensure changes are appropriately communicated and addressed
* Conduct regulatory risk assessments to identify key areas of inherent compliance risk, mitigating controls, and residual risks that apply to the Bank
* Identify and deploy controls that address compliance risk and document in policies and/or procedures
* Prepare comprehensive documentation, including detailed work papers and formal reports outlining findings and conclusions.
* Escalate issues identified during reviews and support issue documentation, tracking, and resolution.
* Assist in the refinement and execution of compliance monitoring programs to test compliance controls and procedures
* Review, facilitate responses to, and identify trends/systemic issues on customer complaints
* Participate in audits and regulatory examinations. Assist in addressing findings and help prepare responses as requested.
* Interprets regulations and provides recommendations to Department Heads and associates using experience to ensure compliance.
* Improve efficiencies within the department by improving processes, procedures, and assigning new responsibilities to…