Compliance & CRA Manager

Description

We have been voted one of the best companies to work for 5 years in a row, because we have developed a fun and inclusive culture that is at the forefront of how we operate. We only hire the best and most passionate talent and are proud to promote employees from within.

One Florida Bank was founded on the belief that when we work together, our goals are One. As a Florida-based bank, we are firmly rooted in our local communities, because building relationships one-on-one is the way business gets done. We are committed to knowing you personally, understanding your needs and goals, and providing the products and services that will support you along the way.

The Compliance & CRA Manager position is responsible for managing the compliance monitoring and CRA operations while supporting the Chief Compliance Officer in maintaining proper documentation of the compliance programs in all areas of the bank. This position will advise, identify, and implement processes and system controls necessary to maintain the bank’s compliance. The position will also include active participation in the regulatory reporting processes for various laws, rules, and regulations.

Other duties include serving on the CRA and CRMC Committees.

• Possess and maintain a working knowledge of applicable banking laws, rules, and regulations as well as stay up to date on changes that occur.
• Continually evaluate the bank’s policies and procedures to ensure they are effective and in line with rules and regulations especially those associated with mortgage and consumer lending as well as deposits.
• Contribute to the improvement and development of the Compliance program on a regular basis.
• Serve as administrator to back up the Regulatory University administrator. Recommend training and create courses in Regulatory University, as needed.
• Serve as Administrator of Continuity and manage the compliance monitoring process as well as policy attestations.
• Serve on the Compliance Risk Management Committee (CRMC). Attend and report monthly updates to the CRMC in all Compliance related matters including, but not limited to, HMDA, CRA, Compliance Monitoring, and Vendor Issues)
• Maintain and administer the compliance monitoring schedule.
• Serve as Super User in Simplicity (software) to certify new account disclosures and changes to account disclosures as well as certify library documents when there are OnBoard updates that require Simplicity Updates.
• Responsible for maintaining and updating the Policy and Risk Calendar as well as remind policy sponsors of deadlines. Provide updated policies and risk assessments to Chief Compliance Officer (CCO) for board or Audit Committee submission.
• Effectively communicate with team members concerning Compliance matters and issues as well as properly respond to questions with timely responses.
• Serve as License holder for COGNOS to generate daily, monthly, quarterly and ad hoc reports for the department.
• Assist CCO in collecting and reporting CRA data for community development services and donations as well as reviewing loans to determine CRA status.
• Assist CCO in set up and implementation of software to streamline the compliance management process.
• Assist CCO in maintaining effective HMDA loan data reporting processes and data validity in the HMDA submission software.
• Help prepare Board Compliance Reports and reports for Audit Committee meetings.
• Assist CCO is developing external audit program.
• Support CCO with special projects (e.g. exam and audit preparation, CRA, HMDA, and fair lending reviews/analysis).

• Employ effective compliance monitoring with utilization of Continuity Reg Controls and tracking within Continuity to ensure completion in a timely manner.
• Make decisions on appropriate action to take regarding the need for further investigation and elevate compliance issues to the CCO.
• Collect and maintain Community Reinvestment Act (CRA) community service and community development service data performed by bank team members.
• Perform reviews of CRA community development loans and donations; maintain supporting documentation of regulatory qualifications.
• Document the summary of…