Compliance Officer; Safety

Overview

Compliance Officer (Safety and Soundness), 2

LOD Compliance & Banking Industry experience required. This Jobot Job is hosted by David Hyon. Salary $113,000 - $170,000 per year. This role is with a well-established California bank that has been in operation for over 100 years.

Interested candidates can apply easily by clicking the "Easy Apply" button and submitting a resume. Jobot is an Equal Opportunity Employer and provides an inclusive work environment. This description may include links to Jobot policies and background checks where applicable.

• Leverage the latest Network technologies
• Strong benefits (Medical, Dental, Vision, and 401k)
• Profit sharing contribution
• Flexible work environment
• Extra paycheck at Christmas

The Compliance Officer is responsible for managing the Bank’s compliance program to ensure adherence with state and federal banking laws and regulations, including but not limited to operational compliance, Regulation O, Regulation W, Regulation H, Regulation Y, Foreign Corrupt Practices Act (FCPA) and Bribery Act and interpreting new or changes to existing statutes and regulations impacting the Bank.

• 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 key business stakeholders to assess applicability and impact, so that the Bank can proactively address requirements.
• Coordinates the creation, review, and implementation of policies and procedures resulting from new laws and regulations and supports the Bank’s 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 the Board, executives and business unit management regarding key compliance issues identified.
• Collaborate with key stakeholders to identify remediation plans for noncompliance situations and monitoring for completion
• Stays 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.
• Supports management and enhances the Bank’s compliance management system that aligns to the Bank’s 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.
• There may be other compliance areas that 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.

Compliance with all State and Federal Banking regulatory requirements, including but not limited to BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned.

• Strong critical thinking, judgment, analytical, and problem-solving skills
• Flexible and adaptable to changes in the regulatory environment and requirements of the Bank
• Excellent interpersonal skills with strong ability to manage multiple projects in a fast-paced environment
• Strong working knowledge of compliance regulations and keeping abreast of emerging changes
• Strong active listening…