Deposit Compliance Officer

 Join our dynamic team as a Deposit Compliance Officer! In this pivotal role, you'll develop, implement, and administer a comprehensive monitoring program, providing proactive advice to stakeholders on deposit operations. Your primary goal is to ensure robust coverage of deposit compliance-related risk management requirements. You'll regularly interact with senior management across various departments, including Operations, IT, Third Party Risk Management, Marketing, Internal Audit, Training, Project Governance, Compliance, and Enterprise Risk Management.

What You’ll Do:

• Risk Reduction & Efficiency: Monitor and analyze bank functions to minimize risk and promote operational efficiencies.
• Regulatory Expertise: Develop expertise in key regulations and implement procedures to support compliance initiatives.
• Guidance & Instruction: Advise lines of business on bank policies, procedures, and deposit-related regulations.
• Regulatory Adherence: Ensure compliance with federal and state regulations, including vendor monitoring.
• Performance Monitoring: Develop and report key performance and risk indicators to track regulatory data performance.
• Reporting: Prepare periodic reports and dashboards for senior leadership and the Board.
• Advisory Role: Conduct reviews and advise senior management on potential impacts of adverse findings.
• Corrective Actions: Monitor and track corrective actions on regulatory issues to resolution.
• Support & Training: Assist the Chief Compliance Officer with regulatory examinations and facilitate training for teammates.
• Regulatory Developments: Stay updated on regulatory changes and coordinate necessary adjustments within the business.
• Subject Matter Expert: Provide compliance guidance to employees and manage direct reports, including training and performance evaluations.
• Special Projects: Support special projects to ensure regulatory requirements are met.
• Compliance Training: Participate in all required compliance training, including BSA/AML training and other internal and external programs.

What We’re Looking For:

• Experience: Minimum of 5 years in regulatory compliance of banking laws and regulations or related experience.
• Education: Bachelor's degree.
• Required Skills:
  • In-depth knowledge of deposit-related state and federal banking laws and regulations (e.g., Regulations E, CC, UDAAP, EFTA, TISA).
  • Certified Regulatory Compliance Manager (CRCM) or similar accreditation is a plus.
  • Strong ability to interpret and understand government laws and regulations.
  • Excellent communication, analytical, and project management skills.
  • Proficiency in bank systems and processes; advanced MS Word, Excel, and PowerPoint skills.
  • Data analysis experience is a plus.
  • Sound judgment and problem-solving skills.
  • Detail-oriented and well-organized.
  • Collaborative team player with a positive attitude.
  • Leadership and management skills to direct compliance staff.

Supervisory Responsibility: This position includes managing employees, providing coaching, development, and performance management.

Working Environment and Physical Demands:

• Schedule flexibility to work evenings and weekends as needed.
• Up to 10% travel required.
  
  

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.