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MVB Bank · 14 hours ago

Senior Compliance Specialist

United States

Full-time

Remote

Senior Level

5+ years exp

MVB Bank is an innovative financial holding company providing services to individuals and corporate clients. The Senior Compliance Specialist is responsible for planning, developing, and executing compliance testing plans to monitor consumer compliance risks and provide oversight of applicable laws and regulations.

BankingCommercial LendingEmployee BenefitsFinancial ServicesFinTechWealth Management

Responsibilities

Support Compliance Monitoring and Testing Program in conducting reviews based upon the regulatory requirements and risk assessment outcomes

Understand and stay abreast of applicable regulatory requirements to ensure monitoring and testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations

Carryout issue management protocols for the proper follow-up of open issues, including the validation of cured issues

Escalate potential issues and exception items noted during the review process to senior management

Ensure that stakeholders respond with appropriate action to address all draft recommendations and deficiencies noted during the fieldwork process

Provide assistance with the Team’s collective issues management and validation testing

Assist with efforts in developing annual testing plans

Lead ongoing compliance monitoring efforts in key areas where compliance risks exist

Building and managing relationships with stakeholders across the business and peers within compliance

Assist in communicating results to Compliance Director and Chief Compliance Officer, as needed

Maintain strong time management, organizational, and prioritization skills; ability to complete multiple tasks within deadlines with a high degree of accuracy and attention to detail

Identify opportunities to streamline and/or automate compliance processes and enhance operational efficiency

Act as a subject matter expert, offering coaching and mentoring on compliance issues and regulatory interpretations to compliance specialists

Qualification

Compliance MonitoringRegulatory RequirementsRisk ManagementCompliance CertificationAnalytical SkillsCommunication SkillsProblem-Solving SkillsLeadership ExperienceAttention to DetailTime Management