Senior Compliance Officer, Advisory

GENERAL DESCRIPTION OF POSITION

The Senior Compliance Officer, Advisory, is responsible for providing guidance related to bank regulatory compliance requirements in a leadership advisory capacity and serving as a subject matter resource to the Advisory Department and all lines of business.

The Senior Compliance Officer, Advisory serves in a backup leadership capacity to the Managing Director of Compliance Advisory.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Remain current with the changes to state and federal banking laws and regulations affecting the management, operations, and product offerings of the bank.

This duty is performed daily, about 10% of the time

2. Coordinate with operating departments to ensure adherence to laws and regulations relating to new or revised products and services offerings of the bank.

This duty is performed daily, about 5% of the time.

3. Make recommendations concerning compliance training through coordination and supporting the banks training department related to various compliance reviews.

This duty is performed weekly, about 5% of the time.

4. Provide senior management with information to accurately determine the banks extent of compliance. This duty is performed monthly, about 10% of the time.

5. Maintain confidentiality on all Audit and Risk Committee files, records, work papers, minutes, etc. This duty is performed daily, about 5% of the time.

6. Schedule meetings with the operating units and managers to provide information on compliance changes that affect their respective areas.

This duty is performed as needed, about 5% of the time.

7. Obtain continuing education related to job duties. This duty is performed as needed, about 5% of the time.

8. Develop and manage strong working relationships with business units and Advisory staff. This duty is performed daily, about 10% of the time.

9. Assist with Compliance Risk Assessments of business units and programs. This duty is performed as needed, about 10% of the time.

10. Provide expert regulatory advice, challenge, and oversight on compliance matters to business units. This duty is performed daily, about 5% of the time.

11. Assist with Third Party Vendor Risk Assessments on compliance-related items. This duty is performed as needed, about 5% of the time.

12. Communicate a comprehensive view of regulatory risk to lines of businesses. This duty is performed monthly, about 5% of the time.

13. Participate in the planning and due diligence phases of the Company’s various acquisition projects. This duty is performed as needed, about 5% of the time.

14. Serve as advisor to Compliance Officer I and Compliance Officer II advisory employees. This duty is performed daily, about 5% of the time.

15. Provide business units with periodic updates of Bank policies and procedures. This duty is performed as needed, about 5% of the time.

16. Prepare reports to management on training, regulatory change, and other ongoing compliance-related activities in the department.

This duty is performed monthly, about 5% of the time.

17. Complete required BSA / AML training and other compliance training as assigned. This duty is performed quarterly.

18. The ability to work in a constant state of alertness and in a safe manner. This duty is performed daily.

19. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four-year college degree, plus 7 years related experience and / or training, and 3 years related management experience, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to read, analyze, and understand general business / company related articles and professional journals; ability to speak effectively before groups of customers or employees.

ability to write reports, business correspondence, and policy / procedure manuals; ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.

Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Certified Regulatory Compliance Manager (CRCM) Certification or similar designation.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Advanced : 10-Key, Presentation / PowerPoint, Spreadsheet, Word Processing / Typing

RESPONSIBILITY FOR WORK OF OTHERS

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities may include but not limited to interviewing, hiring, and training employees;

planning, assigning, and directing work; appraising performance, rewarding, and disciplining employees; addressing complaints and resolving problems.

Supervises a small group (3-7) of employees, usually of lower classifications. Assigns and checks work; assists and instructs as required and performs same work as those supervised, or closely related work, a portion of the time.

Content of the work supervised is of non-technical nature but presents numerous situations to which policies and precedents must be interpreted and applied.

WORKING CONDITIONS

Periodically exposed to such elements as noise, intermittent standing, walking, pushing, carrying, or lifting; but none are present to the extent of being disagreeable.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks.

• While performing the functions of this job, the employee is continuously required to talk or hear; regularly required to stand, walk, sit, use hands to finger, handle, or feel;
• occasionally required to reach with hands and arms, stoop, kneel, crouch, or crawl. The employee must occasionally lift and / or move up to 25 pounds;

regularly lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision, and color vision.

ADDITIONAL INFORMATION

• Seven (7) years of related bank compliance experience and / or training
• Three (3) years of bank-related management experience managing projects or systems
• Certified Regulatory Risk Manager Certification (CRCM) or similar designation.
• Working knowledge of DecisionPro, Encompass, Prime, and Centrax preferred.
• Must be proficient in Microsoft Office Word and Excel.
• Strong oral and written communication skills required.
• Ability to interpret state and federal regulations required.
• Ability to work under stringent time constraints related to the current year's monitoring schedule.
• Ability to organize schedules, tasks, reports, risk assessments, and other compliance-related material.
30+ days ago