Job Openings
Head of Compliance
About the job Head of Compliance
Responsibilities:
- Oversee all aspects of commercial banking compliance, including Anti-Money Laundering (AML) / Know Your Customer (KYC), Consumer Financial Protection (CFPB), and other applicable regulations.
- Develop, implement, and maintain effective compliance policies, procedures, and training programs for commercial banking staff.
- Conduct regular compliance audits and reviews to identify and address potential risks.
- Stay up-to-date on changes in the regulatory landscape and advise the business lines on how to comply with new requirements.
- Investigate and resolve compliance issues in a timely and efficient manner.
- Represent the Compliance department in meetings with regulators and external auditors.
- Manage a team of compliance professionals and ensure they have the resources and training they need to be successful.
- Partner with the business lines to ensure that compliance considerations are integrated into all aspects of commercial banking activities.
Qualifications:
- Minimum of 10 years of experience in financial services compliance, with a focus on commercial banking and NBC
- Proven track record of developing and implementing effective compliance programs.
- Strong analytical and problem-solving skills.
- Excellent communication, interpersonal, and leadership skills.
- Ability to work independently and as part of a team.
- Bachelor's degree in Finance, Law, or a related field; MBA preferred.