Senior Compliance Officer

Position:
Senior Compliance Officer | Division:
Enterprise Risk Mgmt | Work Days:
Monday - Friday | Hours of Operation: 8:00am - 5:00pm

We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending.

The Senior Compliance Officer I operates under the direction of the Senior Compliance Manager and Compliance Process Manager. This role is pivotal in ensuring the bank's adherence to applicable laws and regulations. With primary responsibilities including offering compliance advice to business partners, conducting testing and monitoring for regulatory compliance, creating and analyzing compliance-related reports, and reviewing marketing materials, the Senior Compliance Officer I is a compliance generalist with a deep specialization in either deposit or loan compliance.

This role tackles complex compliance challenges, oversees significant monitoring activities, and offers mentorship to junior department members.

• Acquires and maintains advanced knowledge of banking laws, regulations, and guidelines, specializing in a particular area of compliance. Provides backup support for other Compliance Officers and leads the implementation of regulatory changes.
• Offers strategic advice on risk assessment processes and control design to mitigate risks effectively.
• Assumes primary responsibility for essential regulatory reporting, including annual Reg O compliance.
• Manages and updates the bank’s Business Continuity Management documentation and coordinates related activities.
• Delivers accurate and comprehensive responses to compliance inquiries from bank staff, aiding in the compliance aspects of new product and service implementation.
• Develops and administers a comprehensive compliance training program for all bank personnel.
• Plays a key role in the management and enhancement of the bank's web-based compliance management system, including compliance review coordination and direct compliance testing.
• Oversees the review and approval of bank marketing materials, ensuring compliance with regulatory requirements.
• Collaborates with department specialists to maintain, review, and update compliance policies and procedures, with a focus on loan compliance.
• Handles consumer inquiries and complaints related to regulatory compliance, ensuring issues are addressed promptly and effectively.
• Facilitates interactions between regulatory personnel/auditors and bank staff, contributing to procedural adjustments based on compliance findings.
• This position may require travel within the Bank’s geographic area.

• 7+ years in bank regulatory compliance, examination, and/or auditing experience.
• Bachelor’s degree or equivalent professional designation, or status as a commissioned examiner.

• Strong ability to collaborate and communicate effectively across all organizational levels.
• Excellent verbal and written communication skills.
• Capability to work autonomously with minimal supervision.
• High level of analytical skills with a focus on accuracy and detail.
• Ability to tackle complex compliance issues with strategic solutions.
• Experience in creating and delivering comprehensive compliance training programs.
• Expertise in preparing and managing regulatory reports and documentation.

• Certified Regulatory Compliance Manager (CRCM) designation or equivalent is highly preferred.
• Requires the ability to lift, carry, push, pull weights or otherwise move objects weighing as much as 10 lbs. on a regular basis and/or for extended periods of time during the workday.
• Occasional overtime or extended hours may be required.

• Career Development and Mentorship Programs
• Generous paid time off, minimum 4 weeks
• Employee recognition, awards, and events
• Free vision insurance
• Retirement matching
• Tuition reimbursement

This job description is not designed to be a comprehensive listing of duties, responsibilities, or activities that are required for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Broadway Bank is proud to be an Equal Opportunity Employer. Broadway Bank is a drug-free and tobacco-free workplace, with a nicotine-free hiring policy. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

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