Compliance Officer-Deposits

Compliance Officer-Deposits

Position is responsible for performing risk analysis and assessment of compliance regulations, identifying risks and controls, monitoring business unit control environment, drafting and maintaining remediation plans and issues tracking logs, and escalation of compliance issues. The incumbent is responsible for playing a critical role in the issues remediation strategy for compliance identified issues and ensuring issues are closed in a manner which both adheres to the regulatory requirements and ensures business continuity.

Reviews / challenges compliance risk assessments, analyzing the Bank's compliance risk; determine if current processes control risk.

Analyze new and changing laws and regulations and development of implementation strategies.

Maintain updates to compliance policies, procedures, and training for new or revised laws and regulations.

Assist the Compliance Manager, Senior Compliance Officer, and Risk Assessment team with the evaluation of compliance testing program and processes.

Performs research on regulations and provides guidance to business operations (divisions) on compliance requirements.

Create, maintain and update reporting of compliance test results along with comparable line of business QA testing results.

Conduct meetings to discuss testing and risk assessment results and lead line of business to remediation plans.

Works with Senior Compliance Officer, Compliance Manager to maintain audit tracking logs and other tracking reports as deemed necessary.

Conduct regulatory compliance monitoring activities as assigned and maintain appropriate work papers.

Performs compliance reviews on specific loan-level accounts, as required.

Complies fully with all Bank Compliance policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).

Provide guidance on regulations, requirements, and Bank procedures.

Conducting and documenting reviews and addressing findings with employees and supervisors.

Drafting and maintaining employee training for assigned topic areas.

Analyze the Bank's compliance risk; determine if current processes control risk.

Completes all required training.

Other duties and special projects as assigned.

Required Qualifications

Bachelor's Degree or equivalent

Minimum 5 years' experience working with federal and state compliance regulatory matters

Minimum 5 years' experience in banking, consumer finance, retail banking compliance, mortgage banking or working in a legal department

Minimum 3 years' experience with managing projects or processes

Additional Qualifications

College degree preferred. Relevant, equivalent work experience may be substituted for degree preference.

Good knowledge and relevant work experience with bank credit, deposit, operations regulations (as applicable / assigned).

Knowledge and experience with traditional bank products and services and / or reviewing marketing materials is a plus.

Knowledge of Regulations E, CC, DD and activities relating to digital account services.

Ability to influence / motivate others to produce desired results.

Ability to operate effectively in a fast paced environment.

Excellent organizational and analytical skills.

Ability to communicate clearly and professionally with all levels of an organization.

Excellent written and verbal communications skills.

Effective interpersonal skills.

Proficiency in multi-tasking and prioritizing projects.

Excellent time management skills and be accustomed to working with deadlines.

Certified Regulatory Compliance Manager (CRCM), Certified Internal Auditor (CIA), and / or Certified Financial Services Auditor (CFSA) designation a plus.

Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs.

What's In It For You?

Compensation Starting base salary : $77,000 - $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Inclusion and Equal Opportunity Employment City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.