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Atlantic Union Bank · 1 day ago

Compliance LOB Advisor--Consumer Deposits (Hybrid--Richmond, VA)

Glen Allen, VA

Full-time

Hybrid

Senior Level

5+ years exp

Atlantic Union Bank is seeking a Compliance LOB Advisor to assess regulatory risk within bank operations and ensure compliance with applicable regulations. The role involves conducting regulatory reviews, providing guidance to business units, and maintaining adequate controls to address risks effectively.

BankingFinancial ServicesWealth Management

Growth Opportunities

Responsibilities

Engage as Compliance primary point of contact to 1LOD line of business unit, offering advice and guidance on the identification and remediation of regulatory risks and to serve as a credible effective challenge to the 1LOD

Perform consumer compliance reviews to assess performance, risks, internal controls and adherence to regulatory requirements specific to any area of the organization

Interpret, perform and provide research on compliance and regulatory questions impacting the bank's operations and performance

Identify risks, root cause, control weaknesses or gaps through regulatory reviews and work with management to correct deficiencies

Report results of reviews and feedback to management and business owners and recommend strategies to improve performance

Review, update and create (when necessary) relevant policies and procedures to ensure Compliance oversight for supported 1LOD areas

Provide Compliance oversight and participate in the development and implementation of new products, processes and initiatives within the 1LOD

Participate in the development and review of marketing campaigns and materials to ensure compliance and associated risks with advertising are addressed

Escalate and report any potential violations of law or regulations to 1LOD Management and the Compliance Manager

Work with Compliance Manager to maintain, enforce, and strengthen Atlantic Union's Compliance Program

Engage with other Compliance teammates and Enterprise Risk Teammates to ensure complete risk identification and remediation plans

Stay abreast of changes to federal and state banking laws and regulations affecting product offerings and areas of operations at Atlantic Union; inform management of impacts of changes

Assist with research, dissemination and implementation of new and updated regulatory requirements

Adhere to all applicable laws and regulations governing bank functions, including compliance with Atlantic Union Compliance Program and associated policies and procedures

Assist with development, review, publishing and delivery of compliance related training materials

Obtain necessary training to keep current on regulatory compliance and bank functions

Assist Compliance Manager with coordination and preparation for Regulatory exam; working with examiners as needed

Assist with addressing consumer complaints received from regulatory agencies

Performs other duties as assigned

Qualification

Regulatory ComplianceBanking OperationsAnalytical SkillsMicrosoft OfficeCompliance ManagementCommunication SkillsProblem SolvingAttention to DetailTime ManagementTeamworkAdaptability