Compliance Officer need for well-established California bank that has been in operation for over 100 years
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Salary : $150,000 - $210,000 per year
A bit about us :
Compliance Officer with regional banking experience need for well-established California bank that has been in operation for over 100 years
Why join us?
- Leverage the latest Network technologies
- Strong benefits (M,D,V, and 401k)
- Profit sharing contribution
- Flexible work environment
- Extra paycheck at Christmas
Job Details
Essential Duties
Supports the Chief Compliance Officer and the Bank in evolving and strengthening the compliance program in all areas of the program and where support is needed.Monitors federal and state banking laws, regulations and compliance topics to provide support and assistance to the key business stakeholders to assess applicability and impact, so that the Bank can proactively address requirements. Primary areas of support and coverage will include but not limited to corporate safety and soundness requirements related to Regulation O, Regulation W, Regulation H, Regulation Y, Bribery Act and Foreign Corrupt Practices Act,Experience with developing compliance monitoring and testing programs, reporting and tracking remedial actions plans with business units.Coordinates the creation, review, and implementation of policies and procedures resulting from new laws and regulations and supports the Banks policy governance and change management process.
Proactively provides advice and guidance to business unit management on key compliance topics related to interpretation of regulations, new or changes to products and services, review of policies and procedures, remedial actions for self-identified issues and / or compliance testing and monitoring, and breach of policy or regulations.Responsible for developing periodic written compliance reports to share with Board, executives and business unit management regarding key compliance issues identified.Work with key stakeholders to identify remediation plans for noncompliance situations and monitoring for completionStays abreast of changes in banking laws and regulations, industry and regulatory trends, and best practices and keeping peers and business partners informed of relevant information.Reviews customer complaints to assess compliance with federal regulations and laws and conducts root cause analysis.This role is to support management and to enhance the Banks compliance management system that aligns to the Banks ERM standards and includes risk assessments on key regulations, compliance monitoring and testing, training to business units, marketing and disclosure review, policy and procedure management, complaints program, internal and external reporting, change management, breach management, and exam management.While the job description of this role is the primary function, there may be other compliance areas that may require additional oversight as deemed necessary by the Chief Compliance Officer, and the individual must have experience or capability to learn and obtain the expertise to support the activities required.Education and Experience
Bachelors Degree is requiredWorking experience in a regional banking organization (RBO) is required.10+ years of compliance experience and familiarity with risk management requirements of an RBOMust have experience with Regulation O, Regulation W, Regulation H, Regulation YIndustry accreditation is preferred, e.g., CRCM.Strong working knowledge of banking products, operations, structure and / or lending practicesExtensive knowledge of state and federal banking laws and regulationsThe ability to work independently, deal professionally and effectively with peers and superiors is essential, and strong written and oral communications skills.Interested in hearing more? Easy Apply now by clicking the Apply button.
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