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Monet Bank · 1 month ago

SVP, Chief Compliance Officer

Plano, TX, US

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

Monet Bank is seeking a Senior Vice President, Chief Compliance Officer responsible for ensuring compliance with all state and federal regulatory banking requirements. The role involves overseeing compliance strategies, maintaining regulatory relationships, and leading the compliance department.

Financial Services

Responsibilities

Collaborates effectively as part of the Senior Management Team to achieve overall Bank goals

Keeps abreast of current and developing rules and regulations, developing timely strategies to manage compliance and capitalize on changes

Provides management briefing regarding emerging issues and trends in the Bank’s legal and compliance environment

Leads and direct efforts of department staff, including hiring, training and providing ongoing guidance

Responsible for maintaining regulatory reporting responsibilities and ensuring timely adherence

Facilitates, develop and maintain strong relationships between the Bank and all relevant regulators

Oversees the development and implementation of bank-wide compliance strategies, policies, and programs for approval by the President and the Board of Directors

Provides timely and appropriate advice on key compliance matters across all business units

Protects the Bank’s interests during interactions with regulators

Coordinates all regulatory examinations

Prepares and signs all Bank responses to examination reports and ongoing supervisory/compliance matters

Monitors and ensures compliance with all regulatory commitments and follow-up to findings of examinations and inspections

Ensures the timely resolution of customer complaints

Serves as a member of key governance bodies, including the Risk Management Committee, Professional Standards Committee, IT Steering Committee, and others

Attends and present periodic updates at Bank Board and Audit Committee meetings

Participates as an independent observer on various committees, including all Loan Committees, IT Steering Committee, and the Litigation Committee

Qualification

Compliance ManagementRegulatory RelationshipsBanking Operations KnowledgeIndustry CertificationsAnalytical SkillsManagement SkillsProblem-Solving SkillsIntegrity

Required

Strong management skills

Minimum 8 years of relevant experience and 15 years of financial services experience

Proven track record in leading compliance function within a major banking group or equivalent experience

Knowledge of banking operations, laws and regulations

Knowledge of legal, financial and other compliance issues

Experience in managing regulatory relationships with FDIC and other regulators

Strong analytical and problem-solving skills

Ability to anticipate and react quickly to the evolving bank regulatory environment

Strong reputation for integrity and ability to balance business partnership with the need to exercise independent judgment and to raise potentially sensitive or contentious issues in a timely and constructive manner