SUMMARY:

This position is responsible for maintaining the Bank’s Compliance Management Program while ensuring compliance with advertising, deposit and lending regulations. The position requires continuous expansion of regulatory compliance expertise with proficiency developed across multiple functions, while also contributing to process efficiency and effective cross-functional collaboration.

RESPONSIBILITIES:

· Partnering with the Director of Audit and Compliance to administer the Bank’s Compliance Management Program.

· Overseeing the communication and implementation of changes to regulatory policies and procedures, ensuring organizational alignment.

· Performing ongoing risk and compliance assessments to ensure compliance policies and operational controls are appropriate. Identifying any factors which may affect risk mitigation and compliance with applicable regulatory requirements.

· Monitoring strategies to ensure operations are effective and identifying any recommendations to support governance and mitigate risk.

· Ensuring that issues that arise through compliance monitoring are promptly addressed and reviewed, informing all necessary parties of issues and implementing solutions based on recommendations. Anticipating issues that may arise in the future and preparing appropriate deliverables.

· Leading the management of the Bank’s fair banking, fair lending and Community Reinvestment Act programs and overseeing regulatory examinations, ensuring adherence to best practices and regulatory expectations.

· Establishing expertise in the regulatory environment and remaining up to date on practices aligning with compliance to provide guidance to business units.

· Serving as a strategic consultant on new products, services, and marketing materials, providing high-level compliance input to leadership.

· Establishing relationships with specific business lines based on trust and assurance.

· Providing recommendations and assistance on business activities while implementing and training related regulations.