Compliance Officers (LA & SF) Job in Los Angeles 90001, California US
Compliance Officers
San Francisco Los Angeles
Compliance Officer is responsible for overseeing and delivering an effective and independent Compliance Risk Management Program. The Compliance Officer will foster a risk management and compliance culture throughout the bank, proactively manage the compliance risk profile and ensure timely reporting and escalation of regulatory risk issues to Management and the Board Risk Committee. The Compliance Officer will facilitate the strategic development of the program in response to changes in bank activities, regulatory requirements and industry best practice.
Serve as an independent advisor to bank’s management team, participate in management meetings/committees and participate in the Board Risk Committee. Liaise with regulators, Internal Audit and external advisors on regulatory risk matters.
Own, develop, maintain, communicate and enforce implementation of regulatory risk and compliance policies, procedures and standards that align with regulatory requirements for the bank’s business activities. Promote awareness of applicable regulatory standards, upstream risks and industry best practice across the business and relevant support areas including risk. Oversee advice and sign-off on strategic and material business initiatives and new products and services and process changes.
Provide annual compliance plan aligned with for appropriate bank compliance managemen, Board Risk Committee approval, and implement approved plan. Supervise compliance staff and determine resourcing needs, credentials and compensation requirements for an effective compliance function, including specialized functions such as AML, Sanctions, Privacy, Fair Lending, Ethics Program, Retail Broker/Dealer and Affiliate and Conflicts Management. Recommend and manage bank’s regulatory risk and compliance budgets. Ensure appropriate business continuity plan for bank’s regulatory risk and compliance function.
Qualifications
Bachelor Degree required
Masters Degree preferred
CRCM certification preferred
Preferably a senior level Compliance Officer or compliance related audit role(s) within a complex global banking organization
Potential candidate must have a proven track record working in a complex financial service organization, with working knowledge of consumer and commercial banking and/or capital markets products
Problem solving skills, flexibility and adaptability, and communication skills essential
Substantial knowledge of relevant bank regulations is required
Prior experience working with regulatory agencies helpful
10+ years compliance, regulatory or audit experience with at least 5 years of leading significant compliance related programs or functions in large, complex financial services organization
Interested candidates that meet the outlined parameters should email their résumés to the bank’s designated recruiter, Glenn Woerz - GlennWoerz@gmail.com .