VP – Consumer Compliance Officer recruitment
Responsibilities:
• Track and research any regulatory developments that may impact the bank and circulate this information to all relevant internal parties.
• Review and monitor that all bank operations (i.e. – policies, processes, systems, products, etc.) are in compliance with current and upcoming regulations, both state and federal.
• Monitor any changes to regulations effecting privacy, deposits and loans, and promptly inform senior management of such changes
• Aid in the coordination of, and response to audits, both external and internal. Resolve any issues that are raised.
• Aid in the development, enhancement and execution all monitoring and testing programs for compliance processes, procedures and controls.
• Maintain up-to-date in all required compliance trainings.
• Act as compliance liaison for the development of any new products, technologies and processes to maintain 100% compliance with all federal, state and internal rules and regulations
Requirements:
• BA degree or equivalent experience.
• MINIMUM five (5) years – bank regulatory compliance.
• Thorough knowledge of the Alphabet Soup Regulations.
• CRCM – ideally.
• Bank experience – MUST.
• Analyze and decipher regulations (federal and state – NY NJ).
• Strong knowledge of products: loans, commercial loans, deposits.
• Ample personal experience liaising with the FRB, FDIC and the OCC.
• Strong background in federal and state deposit and lending laws.
Exceptional writing skills and client/customer facing skills.