What are the responsibilities and job description for the Director of Compliance position at Parke Bank?
Parke Bank is a full-service commercial bank with the emphasis on providing personal and business financial services to individuals and small-sized businesses primarily in Gloucester, Atlantic and Cape May counties in New Jersey and Philadelphia and surrounding counties in Pennsylvania. Parke Bank commenced operations in January 1999. The principal office is located at 601 Delsea Drive, Sewell, NJ. We conduct business in branches located in Northfield, NJ, Galloway, NJ, Collingswood, NJ, two branches in Sewell, NJ as well as two branches in Philadelphia, PA.
We are seeking a highly experienced Compliance Director to oversee our organization’s compliance with all regulatory requirements.
WE are seeking a highly experienced Director of Compliance to oversee our organization's compliance with all regulatory requirements. The Compliance Director will be responsible for implementing policies and procedures withing various departments to ensure that our company operates in a legal and ethical manner. The ideal candidate for this position has a strong understanding of compliance regulations and a strategic mindset to implement the necessary changes to minimize risk.
Responsibilities
- Develop and implement compliance related policies and procedures.
- Ensure all departments follow industry standards and comply with state and federal regulations.
- Prepare and present reports to the executive team and Board of Directors.
- Monitor business operations and conduct regular audits to ensure compliance.
- Assess the business’s future ventures to identify possible compliance risks.
- Review the work of colleagues to identify compliance issues and provide advice or training.
- Keep abreast of internal standards and business goals.
- Address employee concerns or questions on regulatory compliance.
- Perform all other duties as assigned.
Qualifications
- Proven experience as a Compliance Director or similar role
- Experience in risk management and knowledge of regulatory requirements and controls.
- Familiarity with industry practices and professional standards
- Excellent communication skills
- Integrity and professional ethics
- Business acumen
- Teamwork skills
- Attention to detail.
- Certified compliance professional is a plus.
We offer medical benefits, dental benefits, life insurance, 401K, paid vacation, personal and sick days.
Parke Bank is an Equal Opportunity Employer and participates in E-Verify.
Submit resumes to: humanresources@parkebank.com