First Citizens Bank · 13 hours ago

Senior Compliance Officer - Trust & Fiduciary Services (Remote)

Raleigh, NC

Full-time

Remote

Senior Level, Lead/Staff

$118K/yr - $175K/yr

8+ years exp

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Responsibilities

Compliance Improvement - Leads the analysis of external laws and regulations as well as internal processes and systems. Develops and revises policies, procedures, services, products, and systems that ensure regulatory compliance. Fosters understanding and proper implementation of necessary changes in impacted business areas. Assists special projects or related business initiatives as needed, which may include consulting on specific compliance matters.

Business Support - Serves as a liaison between examiners, regulators, auditors, and legal and corporate compliance teams during compliance examinations, processes, and procedures. Tracks, investigates, and resolves complex or escalated issues which may involve system testing or direct consumer complaints. Provides technical support to business programs, systems, or vendors throughout daily activities. Assists less experienced associates in addressing and addressing factors that perpetuate risk.

Testing and Reporting – Develop and maintain compliance testing program. Prepares reports for management on results of compliance testing, and recommends process and operational improvements that enhance efficiencies and reduce risk. Keeps up to date on legal changes, or new regulations, and 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 subject matter expert in providing guidance to management and associates on compliance-related matters. May facilitate compliance trainings, educational resources, or other methods of strengthening knowledge within the Bank of applicable rules, regulations, and standards. May participate in industry events or professional organizations in order to remain knowledgeable on factors that could impact enterprise activities.

Qualification

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ComplianceLegal knowledgeRisk managementAuditPolicy developmentERISABanking regulationsTraining facilitationProject management

Required

Bachelor's Degree and 8 years of experience in Compliance, Legal, Audit, Banking or other related experience OR High School Diploma or GED and 12 years of experience in Compliance, Legal, Audit, Banking or other related experience