Retail Branch Compliance

Overview

• Lead compliance initiatives to ensure adherence to federal, state, and local banking regulations.
• Develop and maintain comprehensive compliance policies and programs aligned with regulatory standards.
• Collaborate with senior management to implement strategies for regulatory compliance and risk mitigation.
• Provide training resources to enhance staff understanding of compliance requirements.
• Oversee internal audits and regulatory examinations, ensuring timely and effective responses.
• Prepare compliance reports for senior management and regulatory bodies.
• Support operational and lending compliance efforts across the organization.
• Maintain up-to-date knowledge of banking laws and regulations to inform compliance strategies.

Key Responsibilities & Duties

• Manage the Compliance Department to ensure adherence to applicable regulations and policies.
• Implement and maintain compliance programs, policies, and procedures.
• Coordinate responses to regulatory audits and examinations, addressing identified deficiencies.
• Communicate regulatory updates and implications to staff and senior management.
• Provide training resources to enforce compliance with laws and regulations.
• Conduct performance reviews and provide coaching to compliance staff.
• Ensure compliance with personnel policies and procedures within the department.
• Support cross-functional areas within the organization as needed.

Job Requirements

• Bachelor of Science (BS) degree in a relevant field is required.
• Minimum of 5 years of experience in compliance, with 15 years preferred.
• Executive-level experience in managing compliance programs and teams.
• Thorough knowledge of banking regulations and compliance program elements.
• Proficiency in Microsoft Office and other relevant software tools.
• Strong analytical and interpretive skills for regulatory documents and legal texts.
• Effective communication and interpersonal skills for training and collaboration.
• Ability to manage audits and examinations with attention to detail and accuracy.