Sr. Compliance Officer (Us Banking Regulatory Compliance)

Sr. Compliance Officer (US banking regulatory compliance)

Remote, East Coast hours (NYC/NJ/PA/FL based) 90% remote

Requires: Minimum 7 years’ experience in regulatory compliance in the retail banking industry, including deposit and lending laws

Our client is a top-tier banking institution with a long history serving consumers, small businesses, corporations, and governmental organizations. The company seeks a qualified Senior Compliance Officer to support its consumer regulatory compliance functions, including the development, implementation, and maintenance of a consumer regulatory compliance program across various lines of business, branches, and operating departments.

Responsibilities of the Sr. Compliance Officer:

· Participate in and contribute to the execution of the bank’s Compliance Program, ensuring alignment with corporate compliance and strategic direction and recommend policy and/or actions based on internal and external industry developments

· Serve as a compliance resource and Subject Matter Expert (SME) to business units, internal team members, and management, providing a range of support and analysis on regulatory compliance requirements, issues, and/or best practices, including the provision of guidance in the design, development and/or enhancement of processes and controls to manage compliance risks. Serve as the SME for all lending compliance related matters, including consumer lending, mortgage, and commercial lending.

· Perform regulatory research in response to business unit compliance inquiries. Assist/support the business units on the implementation of new and amended laws and regulations.

· Identify and professionally escalate matters requiring management attention.

· Advise and consult on proposed new products, services, and initiatives regarding compliance obligations, corresponding compliance risks, and mitigating controls.

· Provide support with regulatory compliance examinations, and/or compliance audits or reviews.

· Review marketing materials, disclosures, and other customer communications subject to consumer protection regulations for compliance.

· Support the issue management process for the compliance department and support the complaint management process, including the responses to consumer complaints received from regulators.

· Advise and support the business lines in the establishment and execution of action plans to address compliance deficiencies, findings, and/or recommendations of examiners, internal audits, and self-identified issues.

· Provide support to management in the execution of the annual compliance training program, including drafting training materials and conducting training as needed.

· Perform other duties as assigned.

Qualifications of the Senior Compliance Officer:

· Bachelor’s degree in Finance/Banking/Accounting or related field is required.

· CRCM designation or JD is preferred.

· Minimum 7 - 10 years performing relevant regulatory compliance functions in the retail banking industry, and in-depth knowledge of both deposit and lending products and applicable laws and regulations, included but not limited to Reg. DD, Reg. E, Reg. CC, ECOA, RESPA, TILA, HMDA, & FCRA. Lending specific compliance experience required.

· Prior experience working with regulatory agencies, including FRB, OCC, FDIC, or CFPB.

· Ability to analyze complex laws and regulations and relate those laws to operational procedures, company policies, and industry trends.

· Bilingual English/Spanish-speaking candidate is a plus

· Strong written, verbal, and interpersonal skills, including ability to communicate effectively with senior level management.

· Ability to work independently. Excellent project management and organization skills, including ability to handle multiple projects at the same time while attentive to details and effectively meeting deadlines.

· Advanced analytical and highly developed critical thinking skills.

· Proficient in Microsoft Office applications necessary to complete assigned tasks and projects.

· Travel on occasion will be required.

Keywords: regulatory compliance, consumer banking, lending compliance, CRCM