Job description

Compliance Manager

The Compliance Manager is responsible for developing, implementing, and administering all aspects of the Banks' Compliance Management Program.

Key responsibilities include, acting as audit liaison, collaborating with senior management regarding administrative, lending, and operational compliance activities.

Key Responsibilities

Internal and External Audit Liaison

•Serve as Internal Audit Liaison between the bank and various audit companies.

•Schedule and attend periodic audit committee meetings.

•Oversee scheduling of all bank audits. Prepare schedule for dissemination to executive management before year end.

•Review audit reports and comments for satisfactory response.

•Maintain tracking of all audit and examination findings and report to Audit Committee.

•Review the findings of the monitoring and audit results with pertinent personnel and discuss recommendations for corrective action.

•Maintain and update the audit monitor tracking reports; obtain responses from management and validate completed items in a timely manner.

Key Compliance Responsibilities

•Proactively identify compliance risks; evaluate bank operations for regulatory issues and develop/refine existing processes to minimize the banks' exposure to compliance failures, related fines, and penalties.

•Responsible for the administration of all compliance matters including BSA/AML, Lending and Consumer Deposit compliance as well as UDAAP, Identity Theft Prevention, Information Security, Privacy, and all other relevant regulatory requirements.

•Performs periodic risk assessments in all areas of compliance including Consumer Complaints, ID Theft Prevention, Fair Lending and The Compliance Management System (CMS).

•Review compliance operations and procedures to determine if results are consistent with federal/state laws and regulations and if the compliance programs are being carried out as planned.

HR Management & Performance Expectations

• Conduct periodic performance reviews, provide feedback and coaching with staff members on a continuous basis.

• Prepare action plans and Performance Improvement Plan, as needed.

• Complete each employee performance review.

• Interview applicants and make hiring recommendations, as needed.

•Supervise the Information Security Officer and related Information Security Program, as well as the BSA Officer and the BSA AML program.

Compliance Training Responsibilities

•Collaborate with Human Resources and other departments as appropriate to develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.

•Consult with compliance services and/or attorneys to resolve difficult compliance issues.

•Answer and research compliance related questions for bank employees in a timely manner.

Compliance Committee Management

•Conduct periodic Compliance Committee meetings as the committee chair and prepare minutes while maintaining clear ongoing communication with members.

•Partner with CRA Officer (co-chairing committee), and update CRA public file.

•Be aware of CRA guidelines and the banks' non-discrimination policy.

Compliance Training & Continuing Education

• Complete all BVS online compliance training on or before deadlines.

• Attend compliance in-person training and web-based training when offered.

• Attend continuing education programs related to position.

Educational and experience requirements include:

Bachelor's degree with financial and/or banking coursework

10+ years relevant experience in financial compliance

Strong interpersonal skills including verbal and written communication and listening skills

Strong MS Office computer and banking software experience

Proven ability to stay current with and comply with industry regulations

Experience analyzing current and upcoming banking regulations

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job the employee:

Is regularly required to operate a computer and other office equipment, such as, a copy machine, calculator, phone, and computer printer.

Must be able to remain in a stationary position 80% of the time.

Is required to have close visual acuity to perform an activity such as, viewing a computer terminal and determine the accuracy, neatness, and thoroughness of work assigned to self and staff.

Is required to express or exchange ideas by means of the spoken word to convey detailed spoken instructions to other employees accurately.

Must be able to receive detailed information through oral communication.

The noise level in the work environment is usually low to moderate.

Position is considered sedentary and may require employee to lift up to 10 pounds.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Danbury, CT 06810: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Banking: 1 year (Required)
• Information security: 1 year (Required)
• Microsoft Office: 1 year (Required)

Work Location: One location

johnandkristie.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, johnandkristie.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, johnandkristie.com is the ideal place to find your next job.