Compliance Officer

The Compliance Officer is responsible for management of the bank's compliance program including development and maintenance of policies, procedures, systems, and processes to ensure ongoing compliance.

• Works closely with Director of Risk Management & senior leadership team to create a culture of best practices in compliance that is clearly aligned with regulatory requirements, organizational values, and operating principles to support bank operations.
• Leads the development, implementation, and administration of the bank's compliance program to establish policies/procedures, controls, necessary training, and organizational development to mitigate risk.
• Advises the Bank's Directors and Senior Management of emerging compliance issues and impact of those changes.
• Serve as the Enterprise Regulatory Change Management subject matter expert (new products/services & regulatory change)
• Manage and provide oversight over Enterprise Fair and Responsible Banking Program
• Communicates with regulatory examiners, internal/external auditors, and business stakeholders to ensure compliance issues are identified and addressed.
• Writes reports, business correspondence, and procedure manuals and effectively present information and respond to questions from groups of managers, Board of Directors, members, and the public.
• Develop annual compliance testing plan
• Oversight of completion of compliance risk assessments.
• Conduct appropriate monitoring and oversight over new initiatives and various program elements.
• Any other duties as assigned

Education and Experience Qualifications:

• Bachelor's degree or higher in related field of study. Minimum 7 years relevant experience in complex banking environment. Management background and demonstrated leadership excellence required.
• Experience with external examinations for community banks preferred
• CRCM or related certification preferred
• Strong knowledge of regulatory consumer compliance regulations including but not limited to UDAAP, Fair Lending, Community Reinvestment Act, Truth-in-Lending Act, etc.
• Extensive knowledge of all financial regulations and strong background in risk management, external controls, and corporate governance.
• Ability to read, analyze and interpret government regulations, trade journals and legal documents.