Apply on Employer Site

NPAworldwide · 3 days ago

Compliance Officer (Bank/Financial Services experience only)

Clarksville, TN

Contract

Onsite

Senior Level, Lead/Staff

$105K/yr - $145K/yr

10+ years exp

NPAworld is seeking a Compliance Officer with experience in Bank and Financial Services. The role involves overseeing compliance and risk functions for the bank, ensuring regulatory compliance, and acting as the audit liaison for internal and external audits.

Recruiting

Responsibilities

Fosters the bank-wide culture that every staff position and every function has a regulatory compliance component

Designs and implements a comprehensive, bank specific Compliance Management System (CMS) incorporating multiple levels of responsibility and oversight:

Reviews the panoply of federal regulations and maps the applicability of each regulation to the specific product and activity within the banks full range of products and services

Reviews functional / product line operating procedures to ensure they incorporate accurate and appropriate compliance outcomes, including departmental level QC procedures and incorporates new regulations and new regulatory interpretations into the banks operating procedures to ensure prompt compliance

Performs annual Compliance Risk Assessments which inform the focus and schedule of third-party compliance audits annually

Coordinates and interfaces with FDIC staff during its periodic examinations

Coordinates or performs annual Risk Assessments across broad areas of the bank, which assessments provide senior management and the Board the banks current risk profile and informs the banks audit program

Oversees the banks records retention and disposal programs

Responsible for the Disaster Recovery/Business Continuity/Incident Response program and its periodic testing

Conducts periodic Compliance Committee meetings

Establishes a CRA program to assure that the Bank performs well under the assessment factors in the regulations

Develops and submits to the Board an appropriate CRA Public File, reviewing it periodically, and assuring that it is available to the public upon request

Monitor the Banks CRA performance and recommend ways to senior management to improve the Banks CRA position in the community

Conducts all necessary training to assure Bank compliance with CRA expectations

Maintains and communicates audit/exam exception items through the audit monitoring spreadsheet

Ensures that management responses to audit findings are on point and promptly completed

Works with audit partners to ensure scope of individual audits is appropriately detailed on a risk basis

Prepares audit package for Audit Committee meetings and presents Audit Schedule and Audit Tracker

Qualification

Regulatory compliance knowledgeBusiness continuity planningRisk managementAuditingContract negotiationVendor negotiationCPACIACRCMMicrosoft WordMicrosoft ExcelMicrosoft OutlookWeb-based applications

Required

Bachelors degree in Business, finance, or related field

Experience should include a minimum ten (10) years of banking experience within the defined market

Strong Knowledge of regulatory bodies, and the regulations and guidance issued by these bodies, overseeing banks, credit unions, and financial services organizations, such as the FDIC, OCC, FinCEN, Federal Reserve Board, and NCUA

Experience with business continuity planning, disaster recovery techniques, auditing, proficient in regulatory requirements for banks, and risk management, as well as contract and vendor negotiation

Demonstrated expertise in a variety of the field's concepts, practices, procedures, security technologies, standards, and networking architectures

Working knowledge of Microsoft Word, Excel, Outlook and other Web-based applications