Our client, a leading bank, is looking for an experienced Compliance or Risk professional to join their growing team.
03rd May, 2022
Job Description & Synthesis
This position ensures the legal, operational, and risk management compliance of the Bank. Maintains an expert knowledge of new and existing laws that impact enterprise activities in order to recommend necessary changes. Reviews business processes, procedures, and activities for risks and inefficiencies. Assists internal and external audits. Develops and implements new, compliant policies as appropriate. Serves as a liaison between corporate, legal, and division teams to identify and provide state law and federal regulatory changes. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards.
Compliance Improvement - Analyzes external laws and regulations as well as internal processes and systems. Aids the development and revision of policies, procedures, services, products, and systems that ensure regulatory compliance. Fosters understanding and proper implementation of necessary changes in impacted business areas. May assist special projects or related business initiatives.
Business Support - Serves as a liaison between examiners, regulators, auditors, and legal and corporate compliance during compliance examinations, processes, and procedures. Monitors state law and regulatory changes and provides changes to the various business areas. Recommends process and operational improvements that enhance efficiencies and reduce risk. May provide technical support to business programs, systems, or vendors throughout daily activities.
Reporting - Prepares reports for management on results of legal changes, or new regulations. Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups.
Compliance Expertise - Maintains a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serves as a resource to management and associates on compliance-related matters.
Bachelor's Degree and 5 years of experience in Compliance, Legal, or Audit OR High School Diploma or GED and 9 years of experience in Compliance, Legal, or Audit
License or Certification Type: Certified Anti-Money Laundering Specialist (CAMS) Required or Certified Anti-Money Laundering and Fraud Professional (CAFP) Required or Certified Regulatory Compliance Manager (CRCM) Required