Compliance Specialist - Sr
About the position The Compliance Officer is responsible for developing and maintaining the Compliance pillar framework, overseeing regulatory change processes, and ensuring compliance with corporate policies and procedures. This role involves collaboration with various departments to monitor legal changes, manage third-party compliance risks, and assist in reporting requirements. The Compliance Officer will also develop tools and procedures to enhance compliance operations and support the Director and Chief Compliance Officer in compliance-related tasks. Responsibilities • Manage communication of statutory and regulatory developments to appropriate business or support units across the Bank. • Collaborate with other departments to research and monitor changes in the law and regulations at the federal, state, and local level. • Maintain and oversee the regulatory change management framework including procedures, guidelines, tools, and templates. • Monitor new and existing third-party relationships for compliance risk and manage tracking of assessments. • Establish and maintain a tracking calendar for the review and completion of Corporate Compliance policies and procedures. • Compile quarterly and annual reporting required by the FDIC Call Report and SEC Regulation S-X requirements. • Confirm the nature and extent of credit extensions to Insiders covered by Reg O and coordinate training requirements. • Assist the Director and/or Chief Compliance Officer with writing, editing, and presenting compliance material. • Develop and maintain procedures, guides, and tools for areas of responsibilities within the Compliance Program Office. Requirements • Bachelor's degree or equivalent work experience in the financial industry. • 3 years of compliance risk management experience in the finance industry. • Ability to organize and motivate peers across various business lines to execute complex projects. Nice-to-haves • Research experience: ability to interpret laws and regulations and provide solutions. • Ability to multi-task and reprioritize tasks as needed. • Project management skills with a high degree of initiative and excellent organization skills. • Detail-oriented with problem-solving abilities. • Experience with supervisory compliance examination under CFPB, OCC, FFIEC, and FinCEN. • In-depth knowledge of Federal and State consumer protection laws and regulations. • Excellent written and verbal communication skills. • Strong interpersonal, collaboration, and advocacy skills. • Computer aptitude with emphasis on Microsoft Office applications. • Experience leveraging data/systems to automate processes. Benefits • Hybrid workplace flexibility • Equal opportunity employer • Commitment to diversity and inclusion • Tobacco-free hiring practice Apply tot his job