VP, Consumer Compliance & CRA Officer

Job Title

VP, Consumer Compliance & CRA Officer

Banesco USA is seeking a VP, Consumer Compliance & CRA Officer for our BSA & Compliance Department.

Primary

Job Duties:

* Responsible for the Consumer Compliance program of the Bank ensuring compliance with the regulations.

* Responsible for developing and updating compliance policies and procedures and revise as necessary.

* Follow up on audit findings and ensure corrective action.

* Reporting compliance activities and audit/review findings to the Consumer Compliance Committee.

* Maintain open communication to interact with all departments.

* Conduct on-going compliance monitoring and reviews.

* Monitor consumer complaints and report to the Consumer Compliance Committee.

* Attend seminars to receive ongoing training and be informed of regulatory changes related to Consumer Compliance Regulations and Community Reinvestment Act (CRA).

* Attend the annual three (3) day FBA Association Consumer Compliance Conference, and South Florida Compliance Association seminars to keep up to date on current regulatory updates.

* Register and attend FDIC Workshops when scheduled.

* Responsible for gathering and reporting the CRA activities and credits associated with different loan, investment and service activities to the Compliance Committee on a periodic basis.

* Advises Executive Management of emerging CRA and HMDA issues to ensure the Bank meets the needs of the community and attains CRA compliance goals.

* Work with the Bank's approved CRA external professional, to ensure proper updates to the procedures and regulations are being implemented and followed correctly.

* Responsible for any regulatory exam and/or audit associated with the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA).

* Responsible for maintaining and updating the CRA public report.

* Coordinates with the Branches to ensure proper regulatory CRA and HMDA notices are posted and sent to customers.

* Reviews and approves all advertisements and notices for customers coordinating with marketing and other departments.

* Establish, participate, and maintain relationships with community based, charitable, and non-profit organizations.

* Develops, administer and change and Bank forms to ensure the proper use of notices and that they are updated to comply with changes.

* Responsible for the development of Compliance training materials for Banesco USA's personnel and Management.

* Responsible for development of consumer compliance training for employees, should be specific, comprehensive training that directly affect their job responsibilities.

* Responsible for the training of the Board of Directors on consumer compliance trainings.

* Responsible to develop, review and/or provide responses to auditors and regulators both verbal and/or written as needed.

* Performs other tasks as required.

* Responsible for completing annual training program assigned other than Consumer Compliance,

* Performs other functions and/or duties as assigned.

Job Requirements:

* Education:

Bachelor's degree in Business Administration or equivalent work experience.

* Experience:

Seven (7) years of experience in the Consumer Compliance in a financial institution.

* Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)

* Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.

* Strong verbal and written communication skills, ability to communicate at all levels of the organization.

* Strong attention to detail and accuracy.

* Ability to multi-task, with strong organization, time-management and prioritizing skills.

* Strong customer service skills, ensuring satisfaction of internal and external customers.

* Problem solving and analytical skills in order to identify problems.

* Advance knowledge of related State and Federal banking compliance regulations and operational policies.

* Knowledge of related state and federal banking BSA/ AML regulations.

* Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank's policies and procedures.

* Ability to present to Executive…