Compliance Manager

Job Description

Job Description

The Compliance Manager is responsible for championing the Company's proactive execution and on-going enhancement of the Compliance Management System ("CMS") and supporting efforts to prepare the organization for regulatory and operational changes associated with being an FDIC-Large Insured Depository Institution and a Covered Institution subject to the direct supervision of the Consumer Financial Protection Bureau. The Compliance Manager’s primary focus is on influencing the evolution of the CMS through targeted assessment delivery, business line outreach, facilitation of exams and audits and coordination with third-party firms on complex regulatory compliance monitoring. The Compliance Manager is instrumental in ensuring the Company’s adherence to regulatory requirements, collaborating with partners across the three lines of defense and fostering a culture of compliance and integrity.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Provide leadership, supporting the Chief Compliance Officer and Company team members through his / her thorough knowledge and understanding of deposit and lending compliance requirements, awareness of the regulatory environment and overall business acumen
• Engage in proactive assessment of the Bank’s CMS; areas include but are not limited to policies, procedures, risk assessments, regulatory change management, training, monitoring, complaints response and audit and exam management
• Ensure CMS aligns with regulatory expectations, industry best practices and internal risk appetite
• Act as a trusted advisory, partnering with business leaders to identify, support and address potential emerging risks and issues
• Collaborate with business units and across the lines of defense to integrate compliance expectations into operational processes to ensure on-going compliance with laws and regulations
• Support on-going development and delivery of the comprehensive compliance roadmap for regulatory and operational readiness in alignment with the Company’s growth strategy
• Provide regulatory reports and updates to senior management and business partners on compliance risks, trends and program effectiveness
• Seek opportunities to support on-going efficiencies through automation, process simplification and cross-functional collaboration
• Support a culture of accountability, transparency and continuous learning, leading by example and through peer coaching
• Complete his / her duties with discretion and confidentiality reflecting the sensitive nature of the work; be comfortable working under a deadline

Other Duties

Skills / Abilities

Supervisory Responsibility

This position does not have supervisory responsibilities at this time but may in the future.

Work Environment

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing, as necessary.

Travel

Travel will be required for this position (approximately 10%-15%)

Education and Experience

Equal Employment Opportunity / M / F / disability / protected veteran status.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.