Bank Regulatory Compliance Manager

About the role

The Bank Regulatory Compliance Manager is responsible for managing all aspects of the Bank's Compliance Program to ensure the Bank is in compliance with all applicable laws, regulations, and rules governing its operations and product offerings.

Responsibilities

• Oversee the Bank's Compliance Management Program to ensure the Bank is in compliance with all applicable laws, regulations, and rules governing operations and product offerings.
• Plan, organize, and control the Bank's operational compliance activities and collaborates with management in the overall administration of the program.
• Provide expert advice and guidance through periodical reporting to Bank's Board of Directors, Senior Management, and Bank personnel regarding existing and emerging compliance issues. Consult and guide Senior Management regarding establishing controls to mitigate risks.
• Conduct regular compliance risk assessments and manage the annual Health of Compliance review schedule/audit program for the Bank.
• Monitor and ensure completion of risk mitigation recommendations contained within the various Health of Compliance reports.
• Oversee the development and compliance with regards to the Bank's Community Reinvestment Act (CRA) Strategic Plan.
• Periodically review and update the Bank's policies and procedures to ensure compliance with applicable federal laws and regulations. Create new policies as needed.
• Develop and maintain a comprehensive training program, which addresses applicable federal laws and regulations; compile and maintain training materials and conduct training sessions for Bank personnel as well as the Bank's Board of Directors as necessary.

Qualifications

• Bachelor's degree or equivalent experience.
• Certified Regulatory Compliance Manager (CRCM) or working towards.
• 7+ years of BMW Group/FS and/or Financial Services Industry experience.
• 5+ years of experience within regulatory compliant environment.
• 3+ years of experience working in a Bank Secrecy Act (BSA) environment.

Pay

$94,600.00 - $161,900.00