Compliance Manager

Job Description

Responsible for keeping current with all lending regulatory requirements and communicating that information to the various lines of business.

RESPONSIBILITIES:

• Keep current with lending regulatory requirements and assist with communicating the information to all departments.
• Oversight of the lending regulations, as well as policies and procedures, related to the follows regulations: Regulation B, the Equal Credit Opportunity Act; Regulation C, the Home Mortgage Disclosure Act; Regulation H, Flood Insurance and Appraisals; Regulation M, Leasing Provision of the Truth-in-Lending Act; Regulation U, Buying and Carrying Margin Stocks; Regulation V, Provisions of the Fair Credit Reporting Act; Regulation X, the Real Estate Settlement Procedures Act; Regulation Z , the Truth-in-Lending Act; Regulation FF, the FACT Act and use of Medical Information; Comprehensive Environment Response, Compensation and Liability Act; Fair Credit Reporting Act/Fair and Accurate Credit Transactions Act; Fair Debt Collection Practices Act; Fair Housing Act; Flood Disaster Protection Act; Home Ownership and Equity Protection Act; Homeowners Protection Act; Housing and Economic Recovery Act; John Warner National Defense Authorization Act; Service Member’s Civil Relief Act; The SAFE Act.
• Oversight and completion of annual risk assessments associated with the various lending regulations.
• Act as the main contact for assisting with lending and state code questions as well as conducting research on lending compliance issues.
• Organize and conduct compliance related training.
• Participate in the development of new products and policy and procedures to ensure compliance with regulatory changes.
• Responsible for assigned staff hiring, development, coaching, performance manage, and all other management responsibilities.

Qualifications

• Bachelor’s degree required
• A minimum of 4 - 5 years’ previous compliance/regulatory banking experience
• Minimum of two (2) years prior experience of managing department staff required
• CRCM Certified (Certified Regulatory Compliance Manager) highly desired or the ability to become certified required
• Ability to travel up to 20%, including some overnight travel as business needs
• Proficiency in Microsoft Office products is required
• Ability to comprehend, interpret and communicate banking laws and regulations
• Ability to communicate in an effective, concise and inclusive manner
• Excellent verbal and written communication skills
• Excellent organizational skills
• Ability to work independently and as a team

KEY COMPETENCIES:

• Regulatory and Compliance focused
  Strong Problem solving skills
• Verbal and written comprehension
• Interpersonal skills

ESSENTIAL FUNCTIONS:

• Sitting for extended periods of time.
• Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse and other computer components.
• Ability to converse and exchange information with all levels of staff within organization.
• Ability to observe, perceive, identify, and translate data
• Ability to travel via air, rail, automobile and/or bus.