Senior Level Compliance Officer
Regular consultation with CEO & Chief Compliance Officer regarding all aspects of the Compliance Management System; assist with the review of policies, guidelines and procedures; making recommendations to management; perform testing, report writing, issue tracking and monitoring and preparation of tracking reports and risk assessments.
* On an on-going basis review laws and regulations that may impact the bank with an emphasis on Bank Secrecy Act, Patriot Act, and OFAC. * Complete risk assessment(s) and serve as a compliance resource on projects during the implementation of new products, processes, and services, including review and implementation of new or enhanced policies and procedures. * Act as the banks”s primary contact for regulatory compliance research, analysis and interpretation involving a high degree of accuracy, tact, and diplomacy in interpreting and communicating regulatory compliance issues with management. * Provide timely and accurate reports on new requirements with solution driven processes to implement changes. Validate and ensure that the applicable staff are adequately notified and trained. * Disseminate information, answer questions, and serve as a subject matter expert for the bank on all compliance related issues. Assess risk potential of current procedures and propose potential changes that will minimize risk exposure. * Identify regulatory impact for new and/or revised products and services. * Assist in the revision and/or design of forms, products, web site, programs, and promotions to ensure compliance with all state and federal rules and regulations. * Develop or assist in the development of compliance training programs. Conduct BSA committee meetings and coordinate reporting. * Oversee the vendor management program and work with relationship managers to ensure current and accurate contracts, financials, and due diligence are maintained for all third party relationships. * This job description is not an exhaustive list of all job duties. Other duties may be assigned at any time. Job Requirements * Five or more years previous experience in Compliance; related experience in areas such as bank auditing, lending or operations; regulatory examination; loan review; and/or as bank counsel may be considered. * Juris Doctorate preferred but not required * Certified Regulatory Compliance Manager, or equivalent current professional or regulatory certification preferred.