Compliance Program Officer

COMPLIANCE PROGRAM OFFICER

WHAT IS THE OPPORTUNITY?

The Compliance Program Officer's primary duty is to ensure the company is in compliance with all laws, regulations and regulatory guidance. Position will assist the manager with keeping track of issues, remediation plans, implementation of new regulations, and other compliance-related projects with affiliates. Will maintain regulatory inventory; review policies, procedures and controls to ensure the division is mitigating compliance risks adequately. Will manage monitoring and testing of regulations, controls and risks applicable to the division. Will also provide reporting metrics for various key risk indicators/key performance indicators.

What You Will Do

• Track various compliance monitoring metrics, key performance indicators, and key risk indicators to ensure consistent framework, standards and risk tolerances are followed.
• Monitor compliance risks and ensure corrective actions are taken when compliance risk appetites are exceeded.
• Perform compliance testing and monitoring activities to ensure that all areas of organization are in compliance with applicable laws and regulations and develop trending analysis/heat maps on state of compliance programs.
• Work with technology groups to develop reports to monitor, assess and identify control breakdowns in the enterprise's compliance risk management system.
• Prepare compliance reports, analysis and documents for reporting to management and board.
• Assist with monitoring regulatory changes and track plans to implement new regulatory requirements across the organization.
• Review communications and procedures and provide actionable advice to effect compliance with regulatory and bank standards.
• Participate in the processes for proposed project initiatives.
• Partners with appropriate departments, management and colleagues in the development of new and/or updated compliance policy and procedure.
• Assist with performing risk assessments and compliance testing to monitor compliance with regulatory requirements and validate adherence to policies and procedures.
• Continuously evaluate both business and compliance processes and procedures to drive effectiveness and efficiencies.
• Additional projects and tasks based on business and department needs.
  
  

Must-Have*

• Minimum of 4 years experience in banking and compliance experience at a financial institution with knowledge of banking regulations.
• Minimum of 2 years working for financial institutions in a compliance, audit or operational risk management capacity.
• Minimum 2 years experience with using data to develop reports and analysis in Excel and other MS Office applications.
  
  

Skills And Knowledge

• Ability to influence/motivate others to produce desired results.
• Ability to handle problem situations with colleagues effectively and take appropriate action.
• Ability to operate effectively in a fast paced environment.
• Strong ability to work in a complex team environment requiring exceptional communication, project management and organizational skills.
• Working knowledge of bank technology and operating systems.
• Experience in large project management.
• Excellent analytical, verbal and written communication skills.
• Excellent attention to detail and follow-up skills.
• Ability to perform functional duties and related positions with minimal supervision.
• Excellent verbal and written communication skills; excellent interpersonal/customer service skills.
• Ability to analyze complex situations and provide guidance, makes recommendations, and/or escalates the issues to appropriate level of management.
• Ability to multi-task and switch gears to work on special projects.
• Exceptional PC skills required, including all Microsoft Office applications.
  
  

Compensation

Starting base salary: $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

• To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
  
  

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

About City National

City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

• City National Bank does business in Miami and the state of Florida as CN Bank.
  
  

For more information about City National, visit cnb.com.

EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION

City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.

#CA-BD1