Senior Compliance Officer

Corporate Compliance Advisory Team Member

Play a key role in the Corporate Compliance Advisory team member by helping the Business Units comply with applicable laws and regulations. Responsible for acting as Subject Matter Expert for Business Units aligned to role and delivering quality compliance advisory support. Looking for a forward-thinking team member that can leverage Artificial Intelligence (AI) to manage compliance risk. Reporting to the Director of Compliance Advisory, support bank-wide programs including, but not limited to, regulatory change management and regulation specific policies. Provide SME support to prevent, detect, and mitigate compliance risk across the bank. Assist with implementation for large compliance projects.

Responsibilities include:

• Support compliance advisory team on consumer protection regulations (lending and deposits), broker-dealer (FINRA/SEC), RIA (Advisers Act), and privacy laws, rules, and regulations, including credible challenge and assisting Business Units in strengthening and developing necessary controls.
• Maintain close relationships with risk and executive management, Business Unit, and Internal Audit to ensure compliance with compliance risk appetite and to allow for compliant solutions across the Bank.
• Review and approve related compliance policies, procedures, forms, and disclosures. Influence adjustments to processes, procedures, and controls.
• Identify potential internal and external risks related to Business Unit initiatives and processes.
• Provide guidance on remediation, escalate, and facilitate with subject matter expertise, as necessary.
• Work with Compliance Monitoring to capture, maintain, and analyze compliance data to monitor compliance risks.
• Provide credible challenge of Risk and Control Self-Assessments (RCSAs).
• Provide guidance on controls over regulatory requirements and Business Units monitoring of those controls.
• Assist with the assessment of all regulatory risks and controls, including identifying gaps in controls, highlighting areas of highest risk, and developing appropriate risk mitigation strategies.
• Assist Business Units in development of compliance programs, including how to monitor, report, and train.
• Perform compliance risk assessments for the Business Units aligned to role.
• Assist in the development or review of compliance training and support / supplement Business Unit training, as necessary.
• Provide credible challenge of compliance issues and action plans to effectively resolve issues and ensure corrective action is effectively implemented.
• Manage timely completion of compliance issue validation records, as applicable.
• Monitor regulatory changes and manage regulatory change management process, including working with Business Units. This may include tracking, analyzing, performing initial impact analysis, and working with the Business Units to operationalize requirements.
• Monitor regulatory implementation for projects managed under other Compliance Officers.
• Review third-party contracts for compliance impact and assist with appropriate due diligence and monitoring of vendor activities that have a compliance risk.
• Be actively involved with RCSA, Compliance, and Internal Audit testing.
• Prepare committee packages, as needed.
• Assist Chief Compliance Officer and Director of Compliance Advisory with strategic projects as needed.
• Perform other duties as assigned.

Qualifications include:

• Minimum 7-10 years of experience with regulatory compliance in a banking environment; knowledge of banking regulations and guidance (CFPB, FRB, FINRA, SEC)
• Bonus if experience with FINRA and SEC requirements, including Investment Advisers Act requirements
• Knowledge of relevant regulations, guidance, and industry leading practices
• Experience with project implementation and management
• Experience managing and developing staff
• Deep understanding of AI/ML technologies, Generative AI platforms, and automation tools (e.g., Microsoft CoPilot).
• Proficiency in Microsoft Word and Excel is required

Additional desired skills and qualifications include:

• Bachelor's degree in a related field; advanced degrees or certifications (e.g., JD, CRCM) are preferred.
• Excellent oral and written communication skills; experience communicating with all levels of management, executive, and writing and presenting reports
• Collaborative and good at building and leveraging relationships
• Analytical and critical thinking

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

Compensation: The base pay range for this position is USD $100,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.