One Florida Bank · 1 day ago
Compliance & CRA Manager
Orlando,FL,US
Full-time
Onsite
Mid, Senior Level, Lead/Staff
8+ years expOne Florida Bank is recognized for its inclusive culture and commitment to community relationships. The Compliance & CRA Manager is responsible for overseeing compliance monitoring and CRA operations, supporting the Chief Compliance Officer in maintaining compliance documentation and processes, and participating in regulatory reporting.
BankingCreditFinancial ServicesLendingMortgage
Responsibilities
Possess and maintain a working knowledge of applicable banking laws, rules, and regulations as well as stay up to date on changes that occur
Continually evaluate the bank’s policies and procedures to ensure they are effective and in line with rules and regulations especially those associated with mortgage and consumer lending as well as deposits
Contribute to the improvement and development of the Compliance program on a regular basis
Serve as administrator to back up the Regulatory University administrator. Recommend training and create courses in Regulatory University, as needed
Serve as Administrator of Continuity and manage the compliance monitoring process as well as policy attestations
Serve on the Compliance Risk Management Committee (CRMC). Attend and report monthly updates to the CRMC in all Compliance related matters including, but not limited to, HMDA, CRA, Compliance Monitoring, and Vendor Issues)
Maintain and administer the compliance monitoring schedule
Serve as Super User in Simplicity (software) to certify new account disclosures and changes to account disclosures as well as certify library documents when there are OnBoard updates that require Simplicity Updates
Responsible for maintaining and updating the Policy and Risk Calendar as well as remind policy sponsors of deadlines. Provide updated policies and risk assessments to Chief Compliance Officer (CCO) for board or Audit Committee submission
Effectively communicate with team members concerning Compliance matters and issues as well as properly respond to questions with timely responses
Serve as License holder for COGNOS to generate daily, monthly, quarterly and ad hoc reports for the department
Assist CCO in collecting and reporting CRA data for community development services and donations as well as reviewing loans to determine CRA status
Assist CCO in set up and implementation of software to streamline the compliance management process
Assist CCO in maintaining effective HMDA loan data reporting processes and data validity in the HMDA submission software
Help prepare Board Compliance Reports and reports for Audit Committee meetings
Assist CCO is developing external audit program
Support CCO with special projects (e. g. exam and audit preparation, CRA, HMDA, and fair lending reviews/analysis)
Employ effective compliance monitoring with utilization of Continuity Reg Controls and tracking within Continuity to ensure completion in a timely manner
Make decisions on appropriate action to take regarding the need for further investigation and escalate compliance issues to the CCO
Collect and maintain Community Reinvestment Act (CRA) community service and community development service data performed by bank team members
Perform reviews of CRA community development loans and donations; maintain supporting documentation of regulatory qualifications
Document the summary of findings through compliance monitoring and report monthly to the CRMC Committee concerning reviews conducted
Serve as a committee member for the CRMC and CRA Committees
Assist with new hire compliance training
Participate in exams/audits by assisting in the coordination and gathering of data for federal regulators, state examiners, independent auditors, and law enforcement
Assist with ERM software (SRA Watchtower/now Lumio) reviews, as needed
Act as the backup to the CCO as needed
Other related duties as assigned
Qualification
Required
Bachelor's degree from four-year college/university or equivalent work experience
8 or more years banking compliance experience and/or training preferred
Strong knowledge of the banking industry, deposit and lending related laws, rules, and regulations, BSA, USA PATRIOT Act, Money Laundering Control Act, OFAC regulations, strategies and enforcement policies, familiarity with key banking rules and regulations as well as interpretations, specifically CRA, Fair Lending, and HMDA as well as knowledge of bank laws and operations, risk assessment process, and analysis
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public
Ability to effectively interact with all levels of staff and management
Ability to work with mathematical concepts such as probability and statistical inference
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Ability to shift priorities, budget time and maintain effectiveness in workflow
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Ability to analyze transactions to determine applicability of regulations and if regulatory reports are required
Spreadsheet software (e.g., Microsoft Excel)
Word Processing software (e.g., Microsoft Word)
Copier/Scanner
Verafin software platform experience or other BSA/AML software and FinCEN reports
Preferred
8 or more years banking compliance experience and/or training preferred
Regulatory University software (preferred, not required)
Continuity software (beneficial, not required)
Jack Henry Core System (beneficial, not required)
CRCM, or related accreditations is a plus
Prior experience as a regulatory bank examiner or bank compliance consultant is beneficial
Benefits
100% employer paid Medical, Vision, Dental, STD, LTD and group life insurance for the employee only cost
401(k) Safe Harbor Match
Paid vacation and sick time plus 1 floating holiday
Paid volunteer hours
Wellness Program
Shared leave program
Paid Paternity Leave
Tuition Assistance Program
Pet Insurance
Team Building activities
Company
One Florida Bank
One Florida Bank offers personal and commercial banking services such as treasury management, online banking, mortgage lending and payments.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Randy Burden
Chairman Of The Board
Recent News
2022-09-20
2022-02-04
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