Compliance Officer, VP
Compliance Officer, VP
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 85000 - 110000
1 Vacancy
Job Description
Job Details
Job Posting Date(s)
Description
Do you desire a career that provides you with opportunities to learn grow and impact your community Flatirons Bank is seeking candidates from all backgrounds to join our team.
We are looking for driven reliable hardworking candidates who want to make a difference in their community and work for a company where their opinion counts. We want our employees to be proactive resourceful communicative efficient and to provide key input into the future success of our team. If your goal is to build a career with impact and influence consider joining the dedicated team at Flatirons Bank.
WHO WE ARE
Flatirons Bank is a full-service independent bank dedicated to serving the financial needs of individuals businesses and nonprofits in Boulder County. With locations in Boulder and Longmont we provide personalized banking experience making all our decisions locally. Since our inception over two decades ago our goal has been to bring more to banking in Boulder County. We take pride in developing personal relationships with our clients while maintaining the highest level of professional service. Our suite of services includes Personal and Business Banking services Professional Services Banking Treasury Management Mortgage Lending and Commercial Real Estate Lending solutions.
Flatirons Bank not only provides personalized and innovative banking solutions for our clients but our employees also personally contribute to making a difference in the Boulder County community through a variety of nonprofit organizations. Flatirons Banks headquarters location in Boulder was the first in the county to achieve LEED Gold certification upon its opening in 2009. The Bank actively works towards being a community leader that balances purpose with profit by considering the impact of its decisions on its stakeholders: employees clients vendors community and the environment. By working at Flatirons Bank you are helping your neighbors and local businesses thrive.
Website Contact
ROLE AND RESPONSIBILITIES
The position of Compliance Officer plays an important role for the Bank. With responsibility for managing compliance for the entire bank this position is a critical part of the Banks operations and risk management function. This position requires the Officer to work closely with lending deposit operations management and others in a client-centric and rewarding environment. Compensation will be competitive and commensurate with experience and will include an attractive base salary annual bonus opportunity and comprehensive benefits package.
The Banks lending products include the following: Commercial and Residential Real Estate including TRID financing such as Adjustable-Rate Mortgages Bridge Loans Construction Fixed Rate Secondary Market Loans (where the Bank serves as the Broker) etc. along with HELOCs and various Commercial & Industrial lending products. The Banks deposit products consist of traditional transaction and savings accounts along with other related services. The specific responsibilities for the Compliance Officer are further outlined below:
Compliance Management System
- Manage the Banks overall Compliance Management System in accordance with all consumer protection laws and regulations.
- Manage the Banks compliance training program ensuring that all employees and directors receive appropriate compliance training based upon their roles and responsibilities
- Maintain the Banks Compliance Risk Assessment to ensure that all applicable regulations are appropriately assessed for each bank product.
- Chair the Banks Compliance Committee and oversee the preparation of materials and ensure proper minutes are maintained.
- Develop implement and maintain lending and deposit compliance policies processes and procedures to ensure compliance with State and Federal regulations and internal compliance requirements. Maintain on-going knowledge of all compliance rules and regulations including but not limited to: CFPB mortgage lending rules TRID ECOA (Reg B) TILA (Reg Z) Flood HMDA RESPA (Reg X) CRA (Reg. BB) Loans to Insiders (Reg O) Fair Housing Act HOEPA SCRA HUD CCEPA EFT (Reg. E) Safe Act Privacy & GLBA (Reg. P) Funds Availability (Reg. CC) Truth in Savings (Reg. DD) FCRA and FACT Act Right to Financial Privacy Reg. CC Check 21 Advertising E-Sign etc.
- Guide mentor and train team members on all compliance aspects when appropriate and necessary.
- Conduct internal audits to ensure department policies and procedures are achieving accurate and desired results.
- Serve as primary contact for all compliance related matters brought by employees regulators board members etc.
- Collaborate with the Banks Marketing Department to ensure that all marketing and advertising materials comply with applicable regulations.
- Attend and support the periodic Loan and Deposit Operations meetings providing compliance guidance research and follow up as appropriate.
- Serve as the primary contact for compliance audits and exams inclusive of gathering of files and documentation required for regulatory examinations external audits and other file reviews facilitating the transmission of requested files to the various auditing entities and preparing responses including recommended corrective action to the identified findings.
- Assist the BSA/CFT/OFAC Officer with developing policies procedures and risk assessments.
- Review loan documentation for accuracy and compliance in addition to confirming that pricing and program guidelines have been met.
- Successful completion and implementation of special projects relating to compliance.
Regulatory
- Serve as the Banks SAFE Act Officer ensuring all policies and procedures are kept up to date registrations for new employees are transferred and/or established timely annual registrations are completed for MLOs and the Institution and compliance with all NMLS standards is maintained.
- Serve as the Banks CRA Officer overseeing the ongoing monitoring and reporting on the Banks CRA performance and compliance (as necessary) including ongoing maintenance of the CRA Public File coordinating with third parties and bank staff in managing CRA related programs and keeping abreast of emerging CRA issues and regulatory perspectives.
- Review the Banks mortgage compensation plans to ensure compliance with applicable regulations.
- Support the Records Officer with maintaining record retention policies.
- Adhere to all Federal and State laws and regulations applicable to the Bank as well as all Bank policies and procedures.
- Support the compliance and reporting aspects of the Banks mortgage origination through its participation in the Federal Home Loan Bank Mortgage Partnership Finance Program.
Reporting / Lending Systems
- Serve as a software Administrator for the Banks systems (iCore - core accounting system LaserPro/DepositPro loan and deposit documentation system and AccuAccount - loan and deposit document imaging system).
- Monitor software release notes for all software platforms to ensure that the systems remain current.
- Oversee the production and maintenance of various reporting documentation produced from core systems (AccuSystems iCore etc.).
- Provide oversight of the Banks HMDA LAR tracking and ensure timely submission of applicable reports.
- Managing the exception tracking systems for deposit and loan documentation ensuring that goals of the Audit Committee are maintained.
- Prepare compliance related reports for the Board.
- Support the Enterprise Risk Management function of the Bank.
- Review vendor contracts to ensure that appropriate compliance provisions are included.
Client Experience
- Provide effective customer service by answering customer questions; investigates and corrects errors; and resolves problems or other issues.
- Liaise between borrowers and personal bankers to encourage the cross selling of other bank products as appropriate for the client.
- Report and appropriately address any compliance related complaints that the Bank receives.
- Maintain a professional work environment demeanor and business-like appearance.
- Perform other related duties periodically as required and assigned.
Qualifications
EDUCATION / EXPERIENCE / SKILLS
- At least seven years of related experience and/or educational experience in banking compliance and lending.
- Educational experience through in-house training sessions formal school or financial industry related curriculum should be lending related.
- Advanced knowledge of related state and federal banking compliance regulations and other Bank operational policies.
- Advanced experience knowledge and training in lending activities terminology and related products and services.
- Intermediate to advanced level of knowledge with Microsoft Office products is preferred (Word Excel PowerPoint).
- Preferred experience with one or more of the following (or similar) software products is preferred: DCI iCore core system Finastra LaserPro documentation software and AccuSystems documentation retention software.
- Advanced math skills suitable for working in a bank environment.
- Current Colorado drivers license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
- Courteous social skills to welcome visitors in a business environment.
- Effective oral written and interpersonal communication skills with the ability to apply common sense to carry out instructions interpret documents understand procedures write reports and correspondence and communicate clearly to clients and employees.
- Ability to regularly address and resolve problems involving multiple facets and variables in non-standardized situations.
- Effective organizational and time management skills.
- Ability to work with minimal supervision while performing duties.
WHAT WE OFFER
COMPENSATION AND BENEFITS
- The positions pay range starts anywhere between $85000 to $110000 annually
- An annual bonus may be paid to eligible employees based upon organizational and individual performance
- Medical dental and vision insurance
- Employer paid short-term and long-term disability insurance
- Employer paid life insurance
- Employer-matching 401K
- Guaranteed Safe Harbor Match
- Discretionary Yearend Profit-Sharing Match
- Health Savings Account with company contribution
- Health Reimbursement Arrangement
- Paid-time off (PTO)
- Sick Time Off
- Volunteer Time Off
- Paid parking
REPORTING
Supervision Received
Directly: President & CEO / Board of Directors
Indirectly: Chief Credit Officer
Supervision Exercised
Directly: N/A
Indirectly: Mortgage Loan Administrator
Required Experience:
Exec
Employment Type
Full-Time
