Compliance Manager - Commercial Lending

This position is responsible for compliance oversight for all Commercial and Private Bank Lending department areas including lending and depository functions.  The primary duties of the position include managing integration of the bank’s Compliance Management Programs into existing processes, providing guidance and support to business units, and performing other compliance and risk-related functions as needed.  Must exercise the use of discretion and independent judgment with respect to guidance on matters of regulatory compliance, including review of procedures, processes and communications.

• Serve as primary point of contact for the business units and Corporate Compliance, Internal Audit and Enterprise Risk Management.
• Provide guidance and support to business units on compliance-related questions or problems.
• Identify regulatory changes affecting Commercial and Private Bank, assess the impact and work with individual business unit managers, Corporate Compliance and Legal as necessary to implement any changes.
• Consult with business units within Commercial and Private Bank regarding regulatory compliance and advise and assist those business units with appropriate corrective measures for compliance gaps.
• Manage audits and testing events between lending business units and the Corporate Compliance, Internal Audit and Enterprise Risk Management departments.
• Work with Commercial and Private Bank Policy to establish and review policies and procedures related to compliance and regulatory changes.
• Work with business units to provide requested documentation prior to audits, exams, and testing events.  Coordinate with business units as appropriate to facilitate requests made during these reviews, and assist in preparing responses to the same.
• Perform quality control assessments to evaluate business unit compliance with banking laws and regulations, and internal policies and procedures.

• Prepare reports for compliance and risk management meetings, to include the status of audit findings, the results of the Compliance Monitoring program, and other relevant topics.
• Support compliance with all applicable state and federal laws and regulations and bank policy and procedures regarding BSA/AML and regulatory compliance.
• Keep management informed of current and emerging compliance issues and the compliance performance of specific business units.
• Assist the Compliance Department as needed to execute the Compliance Management Program, which includes assisting with the completion of various operational and compliance risk assessments, gathering information, coordinating timely responses to questions or documentation requests, and supporting and assisting with remediation as needed.
• Escalate matters to Corporate Compliance and work with the Legal department when necessary.

Additional Requirements:

• Considerable understanding of the financial services industry and loan related laws, regulations, and best practices including, but not limited to FACTA, FCRA, ECOA, HMDA, CRA, TILA, RESPA, Dodd-Frank, SAFE Act, GLBA, FDPA (Flood), Truth in Saving (Reg DD), Reg CC, ESIGN ACT.
• Ability to understand regulatory impact beyond existing policies and procedures to direct the handling and/or cure of exception items.
• Flexibility to change tasks easily and work in a deadline driven environment.
• Demonstrated reasoning and critical thinking skills with the ability to define problems, collect data, establish facts, and draw valid conclusions in order to provide management with the necessary information to make business decisions.
• Skill in researching and analyzing regulatory information, evaluating applicability and drawing logical conclusions.
• Attention to detail is necessary for accurately performing tasks.
• Excellent interpersonal and communication skills are necessary for maintaining effective relationships with employees and business unit management.
• Effectively assess risk, identify root cause of issues and identify operational deficiencies.
• Skill in planning and project management.
• Skill in negotiating issues and resolving problems.
• Business software skills, including word processing, spreadsheet, internet, and presentation tools to prepare reports, memos, summaries and analyses.
• Occasional travel may be required.

Salary Range: $100,000.00 - $145,000.00. Exact compensation may vary based on skills, experience, and location.

Salary : $100,000 - $145,000