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Seacoast Bank · 1 day ago

Community Risk Consultant

Stuart, Florida, United States

Full-time

Onsite

Senior Level

5+ years exp

Seacoast Bank is a financial institution seeking a Community Risk Consultant to enhance the effectiveness of risk and compliance programs within their Retail & Community Bank network. The role involves supporting Community Banking Leaders in adhering to risk frameworks, conducting inspections, and managing existing and emerging risks to strengthen the control environment.

BankingFinancial ServicesLending

Responsibilities

Responsible for inspecting Community Banking business activities, detection of problem areas, and delivering quality inspection outcomes as it relates to our Risk and Compliance based policies and procedures

Based on inspection, documenting formal summary of findings and delivering remediation, along with recommendation of corrective actions and necessary process & procedural improvements

Identifies and manages existing and emerging Risks that stem from Community business activities and the job role

Ensures Risks associated with Community business activities are effectively identified, measured, monitored, and controlled. Follows written Risk and Compliance policies and procedures for business activities

Advises the Community business on how to strengthen and manage their control environment pertaining to oversight of procedures/process, accurate regulatory reporting and filing, document governance, Risk control self-assessments, procedure governance, control design, new product controls, or quality governance

Performs ongoing supervision and oversight of business controls which may include the coordination of testing, root cause analysis, control design, and examining key Risk metrics to evaluate the effectiveness of established business controls

Performs Risk data analysis, report preparation and trend analysis

Partners with business owners to assist them in the identification of control failures and assesses the impact

Assists with translating control deficiencies into action plans and facilitates effective and timely Risk remediation through action plan oversight; provides recommendations to enhance governance practices in alignment with Risk and compliance frameworks

Maintains processes, procedures, and tools for managing exception alerts as they occur, including monitoring of resulting exception cases

Provides control oversight to ensure compliance with laws and regulations

Serve as first line of defense for Community Bank to work directly with BSA on the following:

Ensuring all new accounts comply with the Bank’s CIP (Customer Identification Program)

Ensuring adequate risk based KYC (Know Your Customer), CDD (Customer Due Diligence) and EDD (Enhanced Due Diligence) information is captured for new accounts

Ensuring compliance with the Bank’s “On-Going Profiling Methodology” of the legacy accounts

Addressing transactional activity inquiries within set time frames

Ensuring properly executed Beneficial Ownership Certifications are obtained at account opening and upon triggering events as outlined in the BSA/AML/OFAC Program

Ensuring compliance with all aspects of OFAC (Office of Foreign Assets Control) as outlined in the BSA/AML/OFAC Program

Ensuring compliance with Currency Transaction Reporting (FinCEN Form 112)

Support special BSA compliance projects, as needed

Report any unusual and/or suspicious circumstances and/or activity detected via the BSA “Referral Process”

Provide regular reporting back to BSA and Community Bank Leadership on operational and BSA performance in the branch network

Serve as the branch liaison for operational issues of the Community Bank. Conduct regular monthly operational meetings with Community Bank leadership

Continually strive to improve operational efficiencies in all areas supervised

Support branch consolidations and relocations

Ensure the administration of bank wide security & fraud training to Retail network in cooperation with the Learning team and addresses all branch related security & fraud concerns

Manage the development and implementation of Branch operational policies and procedures for all functions within Branch & Retail Operations Support, including new or modified deposit related products or services and ensures adherence to all applicable laws and regulations

Responsible for supporting the Retail Bank’s quality control/assurance monitoring program

Perform audit oversight for branches to include quality control of new account opening, and other operational performance metrics as outlined in operational scorecard

Support self-monitoring activities as part of the first line of defense for regulations associated with retail line of business operations to ensure compliance with related lending, deposit, BSA and other key regulations

Assist first line of defense risk leadership in identifying patterns of non-compliance with policies, procedures, and/or regulations, investigate root cause, and propose and implement cost-effective solutions for remediation

Strong understanding of the retail enterprise risk and necessary controls/interactions between dependent processes to minimize failures and achieve efficient and effective associate workflows

Evaluate the compliance to efficiencies and risk controls critical to the Retail Bank’s strategy for success:

Complete self-monitoring activities for key risks

Prepare written reports of testing results and recommendations

Responsible for evaluating new and existing processes and procedures to ensure adherence to all applicable laws and regulations

Qualification

Risk managementCompliance knowledgeBSA regulationsData analysisOperational efficiencyMicrosoft OfficeBranch operationsCommunication skillsRelationship building

Required

High School Diploma or GED required

5+ years' experience in community bank operations with emphasis in branch office procedures and related compliance issues and regulations required

Must be proficient in usage of PC keyboard typing and Microsoft Office suite with the ability to learn other computer systems/programs quickly

Intermediate knowledge of item processing, automated teller machines, electronic funds transfer and wire transfer processing, branch capture, remote capture and electronic image exchange, as well as current technology which governs branch and bank security required

Intermediate knowledge of BSA (CIP/CDD/EDD), Compliance and OFAC requirements