Job ID | 2024-4789 | Category | Enterprise Risk | Type | Full-Time |
Responsible for maintaining, coordinating and administering the Compliance Risk Management Program to include the tracking and analysis of CRA loans, Fair Lending Risk Assessment and Compliance Monitoring Program to ensure that the Bank complies with all applicable laws and regulations. Evaluates the adequacy of policies and procedures for safeguarding assets and prevention and detection of loss.
Principal Duties & Responsibilities:
Consults with management on regulatory issues relating to new product development/services/software for compliance risk applicability/exposure, within affected areas.
Reviews and interprets new and pending laws and regulations that potentially affect the organization's business practices. Implements new processes and procedures needed to comply with new requirements, including disclosure/forms/notices affecting the Compliance Risk Management Program.
Reviews all marketing material for regulatory compliance working with the Bank's Marketing Department to provide regulatory guidance
As identified during compliance reviews, provide training to Bank personnel in any areas of compliance in need of reinforcement.
Participates in Bank examinations and internal/external audits and ensure all required documents are provided and questions are answered.
Becomes familiar with all banking areas and develop specialization in certain compliance areas thus requiring in depth knowledge and training in the function, such as regulatory lending, deposits or operation activities. Responds to regulatory questions.
Expertise of Compliance laws, rules, regulations, risks and typologies.
Excellent written, verbal and analytical skills Must be a self-starter, flexible, innovative and adaptive.
Highly motivated, strong attention to detail, team oriented, and organized.
Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
Ability to work collaboratively with regional and global partners in other functional units.
Ability to train, coach, and manage team members.
Skills in fact-finding, analysis, problem- solving and decision making are required.
Must have general knowledge of consumer compliance laws and regulations.
Strong working knowledge of Microsoft Office Suite, including Outlook, Word, Excel, and Power Point.