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Centier Bank · 3 months ago

Chief Compliance Officer

Merrillville, IN

Full-time

Onsite

Director/Executive

10+ years exp

Centier Bank is seeking a Chief Compliance Officer (CCO) to lead the company's compliance strategy and oversee the Compliance Management System. The CCO will ensure adherence to regulatory requirements while fostering a culture of compliance and integrity, as well as managing a high-performing compliance team.

BankingFinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Develop, implement, manage, assess and advance the Company’s CMS; areas include but are not limited to policies, procedures, risk assessments, regulatory change management, training, monitoring, advisory and complaints response

Ensure CMS aligns with regulatory expectations, industry best practices and internal risk appetite

Oversee compliance monitoring, reporting and issues management processes

Accountable for management and monitoring of customer complaints as well as reporting periodically to the Audit and Risk Committee

Collaborate with business units and across the lines of defense to integrate compliance expectations into operational processes

Partner with business leaders to identify, support and address potential emerging risks and issues

Develop and execute a comprehensive compliance roadmap for regulatory and operational readiness in alignment with the Company’s growth strategy

Ensure robust management of delivery targets, with clear change control as needed

Evaluate on-going delivery to align program with evolving expectations

Overall accountability to ensure that the bank embraces a culture of compliance. This includes maintaining knowledge of the bank’s operations and associates as well as creating and cultivating relationships

Provide senior level leadership through expert-level understanding of the consumer regulatory requirements and business acumen

Serve as a key advisor to senior leadership and the Board of Directors on compliance matters

Provide regulatory reports and updates to the Board of Directors and its committees as well as senior management on compliance risks, trends and program effectiveness

Act as the primary liaison between the federal and state regulators on compliance-related matters

Lead responses to regulatory examinations, audits and inquiries

Monitor regulatory developments, proactively assessing the impacts of proposed legislation and regulatory guidance and guiding integration / implementation of changes into the CMS

Build, mentor and lead a high-performing compliance team, promoting professional development and certifications ( e.g., CRCM)

Foster a culture of accountability, transparency and continuous learning

Encourage tools and automation to support team member efficiency and effectiveness in delivery

Qualification

Compliance Management SystemRegulatory compliance expertiseLeadership experienceCRCM certificationRisk management experienceAnalytical skillsMicrosoft Office SuiteCommunication skillsProblem-solving skills

Required

Thorough knowledge of Deposit and Lending related consumer compliance regulations in a large bank setting

Strong problem solving and analytical skills, with the ability to interpret complex regulatory requirements and apply them to the Company's operational needs

Excellent written and verbal communication skills, with the ability to work collaboratively with senior management and regulatory bodies

Effective influence and coaching skills

Microsoft Office Suite experience

Ability to handle extended work time and stressful situations

4-year college degree required

Ten years of experience in compliance, risk management or a similar role in the financial services industry, with at least 5 years in a leadership role

Experience managing a CMS and preparing for significant regulatory milestones

Experience working within and influencing matrixed teams