Senior Compliance Officer

Position Overview

The Senior Compliance Officer operates under the direction of the Senior Compliance Manager. This role is pivotal in ensuring the bank's adherence to applicable laws and regulations.

Essential Functions

• Acquires and maintains advanced knowledge of banking laws, regulations, and guidelines, specializing in a particular area of compliance.
• Provides backup support for other Compliance Officers and leads the implementation of regulatory changes.
• Offers strategic advice on risk assessment processes and control design to mitigate risks effectively.
• Affords primary responsibility for essential regulatory reporting, including annual Reg O compliance.
• Manages and updates the bank’s Business Continuity Management documentation and coordinates related activities.
• Delivers accurate and comprehensive responses to compliance inquiries from bank staff, aiding in the compliance aspects of new product and service implementation.
• Develops and administers a comprehensive compliance training program for all bank personnel.
• Plays a key role in the management and enhancement of the bank's web-based compliance management system, including compliance review coordination and direct compliance testing.
• Oversees the review and approval of bank marketing materials, ensuring compliance with regulatory requirements.
• Maintains, reviews, and updates compliance policies and procedures, with a focus on loan compliance.
• Handles consumer inquiries and complaints related to regulatory compliance, ensuring issues are addressed promptly and effectively.
• Facilitates interactions between regulatory personnel/auditors and bank staff, contributing to procedural adjustments based on compliance findings.

Experience & Education

• 7+ years in bank regulatory compliance, examination, and/or auditing experience.
• Bachelor’s degree or equivalent professional designation, or status as a commissioned examiner.
• Advanced CRA and HDMA knowledge preferred.

Skills & Qualifications

• Strong ability to collaborate and communicate effectively across all organizational levels.
• Excellent verbal and written communication skills.
• Capability to work autonomously with minimal supervision.
• High level of analytical skills with a focus on accuracy and detail.
• Ability to tackle complex compliance issues with strategic solutions.
• Experience in creating and delivering comprehensive compliance training programs.
• Expertise in preparing and managing regulatory reports and documentation.

Other Requirements

• Professional compliance certification such as the Certified Regulatory Compliance Manager (CRCM) is required or must be obtained within a designated timeframe from date of hire.
• Requires the ability to lift, carry, push, pull weights or otherwise move objects weighing as much as 10 lbs. on a regular basis and/or for extended periods of time during the workday.
• Occasional overtime or extended hours may be required.

Company Culture

• Career Development and Mentorship Programs
• Generous paid time off, minimum 4 weeks
• Employee recognition, awards, and events
• Free vision insurance
• Retirement matching
• Tuition reimbursement

Equal Opportunity Employer

We’re a culture that offers resources to benefit your overall health and well-being. Broadway Bank is proud to be an Equal Opportunity Employer. Broadway Bank is a drug-free and tobacco-free workplace, with a nicotine-free hiring policy. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.