Jobs

Description:

Compliance Select is seeking a experienced bank compliance and BSA professionals interested in working with community banks as a Digital Compliance Officer (DCO). DCO’s will partner with community banks to ensure compliance with banking regulations. Individuals in this role will be responsible for conducting reviews in the area of compliance and BSA, make recommendations, provide reports, and perform daily/weekly/monthly tasks as required to comply with bank policy and regulatory requirements. This role will require direct contact with bank personnel, as well as bank senior management. Individuals may serve as a bank’s Compliance Officer and/or BSA Officer with various other tasks allocated depending on the bank contract. DCO’s on average manage 3 banks at a time and must ensure they are organized and have excelled time management skills in order to ensure complete compliance for contracted banks.

 

Compliance Select was created by bankers for bankers. As passionate compliance and community bank advocates, the goal of Complian

 

Responsibilities:

What you’ll do:

• Identify and manage compliance risk across the Bank by collaborating with Compliance management to set the strategy for and manage Frost’s Compliance Management Program, including oversight of the Bank’s compliance advisory team and leadership support of risk assessments, periodic reporting, monitoring and testing, and complaints and issues management.
• Partner closely with the lines of business to ensure compliance with applicable Federal and State laws and regulations, internal policies and procedures, and regulatory expectations for large banks.
• Offer regulatory compliance expertise, providing guidance, credible challenge, and support for business partners, action plans, control enhancement initiatives, and complex projects.
• Partner closely with senior management to align compliance activities with strategic goals and objectives of the business units, ensuring proper prioritization.
• Continuously monitor relevant regulatory changes, assess the impacts to a line of business’ control environment, and collaborate with leadership to enhance or implement controls that effectively mitigate risk.
• Identify deficient or absent controls when compliance issues arise and collaborate with the lines of business to conduct root cause analysis, establishing or enhancing controls to address the issues.
• Support periodic compliance risk assessments and reporting, providing data-driven insights into line of business compliance risk and recommendations that inform strategic decision-making across the 1st and 2nd Lines of Defense.
• Foster a culture of compliance and ethical behavior within the Bank, partnering with other Compliance leaders to ensure employees are aware of their responsibilities and committed to ethical conduct.
• Exercise standard managerial authority in matters such as staffing, performance appraisals, promotions, salary recommendations, and terminations.- Instill Integrity, Caring, and Excellence into your work, striving to achieve all-win outcomes.

Requirements: 

Candidates should have held a compliance and BSA position in a financial institution, as well as have experience understanding regulatory requirements applicable to BSA, deposit and lending laws.

• Bachelor’s degree or commensurate work experience is required.
• Minimum of 4-10+ years of experience within banking, with most of that being in the compliance/BSA area;
• Extensive knowledge of banking regulatory compliance management system elements, with product advisory and/or monitoring experience desirable
• Strong interpersonal, communication (written and verbal), and organizational skills with the ability to work independently, as well as, collaboratively within a team environment.
• Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators and examiners while maintaining strict confidentiality.
• Knowledge of Federal, State, and municipal laws and statues as they apply to financial institutions.
• Strong research, project management, organizational, analytical, and problem resolution skills.
• Ability to work on their own.
• Excellent organizational and time management skills.