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Relyance Bank · 3 weeks ago

SENIOR REGULATORY COMPLIANCE OFFICER

Headquarters - White Hall, AR 71602

Full-time

Onsite

Senior Level

5+ years exp

Relyance Bank is committed to ensuring compliance with federal and state banking laws and regulations. The Senior Regulatory Compliance Officer will lead the development and oversight of the bank’s compliance framework and serve as a strategic advisor to senior leadership while liaising with regulators.

BankingFinancial ServicesWealth Management

Responsibilities

Primarily responsible for the Bank’s Regulatory Compliance Program

Lead the design and execution of the bank’s compliance risk framework

Develop and maintain compliance policies, procedures, and manuals

Ensure sufficient compliance testing and on-going monitoring is performed

Conduct gap analyses on new and existing regulations; advise departments on mitigation strategies

Monitor regulatory changes and ensure timely implementation across business units

Manage the CRA compliance, Fair Lending, and HMDA compliance programs

Coordinate with internal audits and regulatory examinations; manage documentation and responses

Design and deliver compliance training programs for staff, management, and board members

Promote a culture of compliance through proactive communication and engagement

Prepare periodic compliance reports for senior management and board committees

Serve as primary contact for regulatory agencies and external auditors on compliance matters

Escalate breaches and non-compliance issues per established protocols

Lead or participate in compliance change management process to receive, evaluate and respond to new and changes to existing banking laws and regulatory guidelines

Collaborate with legal counsel and business units to ensure compliance integration into operations

Lead or participate in compliance committees, working groups, and strategic initiatives

Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions

Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action

Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities

Performs the position safely, without endangering the health or safety to themselves or others. Expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations, and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct

The position of Senior Regulatory Compliance Officer performs duties specific to the position and other functions as assigned

The position of Senior Regulatory Compliance Officer is responsible for the supervision of regulatory compliance support staff

Qualification

Banking regulationsRegulatory risk managementCompliance frameworksCRCM certificationConsumer real estate lendingData analysisMicrosoft Office SuiteFIS HorizonLeadership skillsInterpersonal skills

Required

Bachelor's degree in business, finance, law or related field or equivalent work experience and/or training; or the equivalent combination of education and experience

Minimum of 5 - 7 years in banking compliance, with demonstrated leadership in regulatory risk management and program development

Deep understanding of banking regulations, compliance frameworks and familiarity with CFPB, FDIC, FRB and state banking regulators

Proficient understanding of all consumer real estate lending regulations

Ability to conduct research, analyze data, draw conclusions, define problems and propose solutions

Ability to manage multiple priorities and lead cross-functional teams

Ability to maintain confidentiality and handle sensitive information

Experience with regulatory examinations and audit coordination

Ability to establish and maintain effective work relationships both internally and externally

Strong interpersonal skills evidenced in both verbal and written communications as well as excellent listening skills

Fundamental knowledge of general banking principles, philosophies, and operations

Ability to provide leadership, motivating and persuading others to address compliance risks without having actual authority over them

Proven ability to influence and educate associates at all levels

Proficiency in Microsoft Office Suite and compliance management systems

Current Arkansas driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities