AVP Enterprise Compliance (Hybrid)
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Job Location:
Sioux Falls, SD - USA
Monthly Salary:
Not Disclosed
Posted on:
19 hours 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.***
Manage the relationship and oversight of compliance for one or more lines of business as assigned through implementation of an effective compliance program in collaboration with the Compliance Officer.
Responsibilities
- Develops and maintains a collaborative working relationship with internal and external clients.
- Keeps abreast of relevant consumer protection laws regulations and supervisory guidance applicable to the assigned business line (i.e. Alphabet of CFPB regulations such as B C E F G M O P V X Z CC DD) and laws such as E-SIGN and SCRA. Informs management clients and interested parties of new and modified compliance requirements.
- Reviews and updates policies procedures and disclosures as needed for adherence with applicable laws and regulations. May assist in the development of compliance-related policies and procedures.
- Assists in creating and maintaining company standards related to higher risk products services and practices. Ensure documentation and training materials are current to minimize risks.
- Performs compliance reviews and risk assessments on new programs and initiatives as assigned.
- Participates in due diligence reviews of key third party service providers associated with the line of business as assigned.
- Reviews elevated marketing collateral and materials for adherence to regulatory requirements and bank standards providing guidance and advice as needed to bring the materials into compliance.
- Assists line of business in the remediation of any risk items arising from testing audits or examinations.
- Acts as a subject matter expert advising internal and external clients on day-to-day elevated and complex compliance issues rules and regulations. Partners with clients (internal and external) to develop solutions and makes recommendations to meet compliance needs.
- Assists in the management of compliance-related audits and examinations. Gather relevant documentation as requested meet with auditors to respond to questions prepare audit responses as needed and implement actions recommended by auditors and examiners.
- If assigned manages compliance analyst team members and may be required to interview hire set high performance standards and manage team performance in accordance with HR policies and procedures. Creates a flexible and energized work environment fostering an atmosphere that enables employee trust and engagement. Inspires confidence and m
- Motivate others to perform at their best.
- Performs other duties as assigned.
- No travel required.
Qualifications
- Undergraduate degree in business or a related field or an equivalent combination of training and experience.
- Five years consumer compliance experience in the banking or financial services industry specifically experience within or supporting a line of business.
- CRCM CCBCO or other compliance certification preferred.
- Strong knowledge of federal consumer protection laws affecting lending deposit and payments-related products and services. and/or payments product knowledge and experience.
- Excellent verbal written and interpersonal communication skills.
- 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.
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 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
