Compliance Officer

Responsibilities

• Develops and implements programs to identify and manage compliance and operational risks.
• Assists in the administration of monitoring programs for all processes and functional activities.
• Assists Manager with identification, solution and monitoring of higher risk compliance and operational activities.
• Provides compliance guidance for implementation of changes to processes, services, and system controls.
• Reviews, rewrites as necessary, and approves related change in terms documents, account agreements, service/product agreements, bank forms, documents, marketing collateral, internal procedure documents, brochures, etc.
• Provides recommendations and guidance to business unit management.
• Assists in conducting compliance and operational risk monitoring and preparing for compliance audits, regulatory examinations, and quality assurance reviews.
• Coordinates audit findings, responses, and corrective actions.
• Performs compliance and operational risk evaluations and monitors business unit activities.
• Identifies internal control weaknesses and value-add recommendations.
• Trains and/or other activities to meet regulatory requirements.

Qualifications

• Bachelor’s Degree from an accredited educational institution or equivalent work experience.
• Minimum 10 years of work experience in legal/regulatory compliance of banking laws and regulations, or equivalent work experience.
• Experience identifying and defining problems; researching and analyzing information and various situations related to data management issues and recommending alternatives or solutions.
• Experience leading and developing teams and their structure.
• General knowledge of accounting principles.
• Demonstrated proficiency and expertise with personal computers and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software.
• Knowledge of or ability to use Bank software and systems.
• Excellent verbal and written communications skills, as well as presentation skill.
• Demonstrated ability to discuss and offer alternatives or solutions to compliance and operational risk issues with any level of staff person.
• Able to identify and define problems; research and analyze information and various situations relating to data management issues.
• General knowledge of accounting principles and a working knowledge of regulatory requirements, knowledge of best practices, etc.
• Able to work flexible hours including holidays, weekends and evenings as needed.
• Must be able to provide own transportation and arrive at intended destination in a timely manner or as required.
• Travels by air as required.