VP, Consumer Compliance & CRA Officer

VP, Consumer Compliance & CRA Officer

Full-Time Exempt Miami, FL, US

4 days ago Requisition

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 Management and Board Members as well as train employees as necessary of updates in regulations.
• Paid time off.
• 401k with employer match.
• Paid parental leave.
• Life Insurance.
• Supplemental Insurances.
• Short-Term & Long-Term Disability Benefits.
• Free parking.
• On-site Cafeteria.