AVP Enterprise Compliance Risk Assessments (Hybrid)
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Job Location:
Sioux Falls, SD - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Overview
***After the initial training period this is a hybrid role working onsite in our Sioux Falls SD office.***
Completes Compliance Risk Assessments on third-party program managers and lines of business including an evaluation of regulatory and operational control frameworks and identification of areas of improvements in collaboration with the Director Enterprise Compliance.
Responsibilities
Essential Functions
- Conducts Compliance Risk Assessments on third-party program managers and lines of business including an assessment of applicable regulatory and operational requirements evaluation of controls and identification of areas of improvement in accordance with the approved annual schedule.
- Writes Risk Assessment reports summarizing the completed assessment including scope conclusions and identified areas of improvement.
- Presents Risk Assessment conclusions to internal and external parties with focus on identified areas of improvement as necessary.
- Assists with the creation of the annual Compliance Risk Assessment schedule.
- Builds and maintains close working partnerships with internal and external stakeholders involved with the completion and issuance of Risk Assessments.
- Participates in Compliance related meetings with management and others as necessary.
- Stays abreast of relevant consumer protection laws regulations and supervisory guidance applicable to the assigned business lines including but not limited to consumer deposit and credit regulatory requirements (e.g. Regulation B E P V Z CC DD UDAAP E-SIGN 1099 IRS rules Military Lending Act and Servicemembers Civil Relief Act).
- Assists with the management of Compliance related audits and examinations including gathering relevant documentation meeting with auditors/examiners to respond to questions preparing management responses and implementing actions recommended by auditors and examiners.
- Performs other duties as assigned.
Qualifications
- Undergraduate degree in business or a related field or an equivalent combination of training and experience.
- 5 years of consumer compliance experience in the banking or financial services industry.
- CRCM CCBCO or other compliance certification preferred.
- Comprehensive knowledge of consumer protection laws affecting lending deposit and payments-related products.
- Excellent verbal written and interpersonal communication skills.
- Ability to simultaneously prioritize and manage multiple projects and deadlines.
- Detail oriented with strong organizational skills.
- A team player able to work effectively in a team fostered multi-tasking environment.
- Proficient in Microsoft Office suite e.g. Excel PowerPoint Word Outlook. Experience in relational databases (Quick Base and Archer) is preferred.
- No travel required.
Additional Information
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank N.A. and Benefits Information: Culture & Background Screening Company Culture at The Bancorp Bank: The Bancorp Bank N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race color religion gender gender identity sexual orientation pregnancy citizenship national origin age disability genetic information veteran status or other protected category with respect to recruitment hiring training promotion and other terms and conditions of employment. Employment with The Bancorp Bank N.A. includes successfully passing a background check including credit criminal education employment OFAC and social media background history. #LI-CB1 #LI-Hybrid
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
For over 20 years, The Bancorp has been providing nonbank companies with the people, processes and banking technology that are essential in meeting their individual needs
