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Posted : Wednesday, May 01, 2024 09:48 AM
Position Goals:
Develop, implement, train, support and guide the Compliance Management System (CMS).
Essential Duties and Responsibilities: Manage and analyze the performance of the CMS program, including review, access and advise on the need for policies, procedures, risk assessments, monitoring, consumer complaint management and training.
Chair the Corporate Compliance Committee and provide quarterly CMS reporting to Risk and Board-level committees.
Provide effective staff development, mentoring, leadership, and oversight to the Compliance staff.
Continually analyze the regulatory environment and communicate emerging risks to management.
Prepare and communicate the annual CMS Strategic Plan.
Provide training on compliance related topics to board and management as needed.
Provide oversight and guidance to the Fair and Responsible Banking Program and Regulatory Issues Management.
Provide effective consumer compliance thought leadership to the overall Risk Management function.
Provide regulatory compliance guidance in the development and maintenance of bank products, services, and processes.
Conduct and maintain fair lending and compliance risk assessments to ensure prompt identification and communication of existing and emerging compliance and reputational risks.
Oversee a risk-based compliance testing program to determine whether business activities are performed in accordance with corporate compliance policies and applicable rules and regulations including (but not limited to) fair lending regulations, Truth in Savings, Electronic Funds Transfer Act, Truth in Lending, Flood Disaster Protection Act, and Real Estate Settlement Procedures Act.
Design and/or manage compliance training to ensure staff and directors have knowledge of the regulatory requirements applicable to their duties and responsibilities.
Respond to inquiries from regulatory agencies in connection to investigations and customer complaints.
Own the Compliance business plan, structure, and strategy for the team; create processes and enhance controls to ensure reasonable compliance with regulations.
Collaborate across the lines of defense to raise compliance issues for investigation and sufficient remediation.
Researches and analyzes emerging and existing federal and state rules, regulations, and interpretive guidance, and draws well-reasoned conclusions related to their applicability to Bank products and services, as well as operational processes and procedures.
Participate in new product and service development and oversee the review of marketing, sales and product materials and communications to ensure regulatory compliance.
Performs annual risk assessments to include but not be limited to compliance management, fair lending, and UDAAP.
Carry out monitoring and testing to identify areas of potential compliance risks; implement preventive/corrective strategies to address compliance issues.
Collaborate across the lines of defense to raise compliance issues for investigation and sufficient corrective action and remediation.
Maintains in-depth knowledge of State and Federal regulations applicable to the Bank and necessary level of knowledge on emerging regulatory Compliance risks.
Must have experience with providing regulatory guidance, addressing regulatory concerns and providing recommendations for closing regulatory concerns at all levels at the Bank.
Position Requirements: Education - Bachelor’s degree in business, management, law, or a related field Experience - A minimum of ten (10) years of relevant bank compliance management experience Other - Current Certified Regulatory Compliance Manager (CRCM) Preferred Requirements: CMS Management experience at banks with assets in excess of $10 billion.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
41 CFR 60-1.
35(c)
Essential Duties and Responsibilities: Manage and analyze the performance of the CMS program, including review, access and advise on the need for policies, procedures, risk assessments, monitoring, consumer complaint management and training.
Chair the Corporate Compliance Committee and provide quarterly CMS reporting to Risk and Board-level committees.
Provide effective staff development, mentoring, leadership, and oversight to the Compliance staff.
Continually analyze the regulatory environment and communicate emerging risks to management.
Prepare and communicate the annual CMS Strategic Plan.
Provide training on compliance related topics to board and management as needed.
Provide oversight and guidance to the Fair and Responsible Banking Program and Regulatory Issues Management.
Provide effective consumer compliance thought leadership to the overall Risk Management function.
Provide regulatory compliance guidance in the development and maintenance of bank products, services, and processes.
Conduct and maintain fair lending and compliance risk assessments to ensure prompt identification and communication of existing and emerging compliance and reputational risks.
Oversee a risk-based compliance testing program to determine whether business activities are performed in accordance with corporate compliance policies and applicable rules and regulations including (but not limited to) fair lending regulations, Truth in Savings, Electronic Funds Transfer Act, Truth in Lending, Flood Disaster Protection Act, and Real Estate Settlement Procedures Act.
Design and/or manage compliance training to ensure staff and directors have knowledge of the regulatory requirements applicable to their duties and responsibilities.
Respond to inquiries from regulatory agencies in connection to investigations and customer complaints.
Own the Compliance business plan, structure, and strategy for the team; create processes and enhance controls to ensure reasonable compliance with regulations.
Collaborate across the lines of defense to raise compliance issues for investigation and sufficient remediation.
Researches and analyzes emerging and existing federal and state rules, regulations, and interpretive guidance, and draws well-reasoned conclusions related to their applicability to Bank products and services, as well as operational processes and procedures.
Participate in new product and service development and oversee the review of marketing, sales and product materials and communications to ensure regulatory compliance.
Performs annual risk assessments to include but not be limited to compliance management, fair lending, and UDAAP.
Carry out monitoring and testing to identify areas of potential compliance risks; implement preventive/corrective strategies to address compliance issues.
Collaborate across the lines of defense to raise compliance issues for investigation and sufficient corrective action and remediation.
Maintains in-depth knowledge of State and Federal regulations applicable to the Bank and necessary level of knowledge on emerging regulatory Compliance risks.
Must have experience with providing regulatory guidance, addressing regulatory concerns and providing recommendations for closing regulatory concerns at all levels at the Bank.
Position Requirements: Education - Bachelor’s degree in business, management, law, or a related field Experience - A minimum of ten (10) years of relevant bank compliance management experience Other - Current Certified Regulatory Compliance Manager (CRCM) Preferred Requirements: CMS Management experience at banks with assets in excess of $10 billion.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
41 CFR 60-1.
35(c)
• Phone : NA
• Location : 14500 West Davis Drive, Daleville, IN
• Post ID: 9058578277
