Compliance Officer-Credit Cards

Compliance Officer-Credit Cards

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

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 :

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.