Responsible for maintaining, coordinating and administering the Compliance Risk Monitoring Program to ensure that the Bank complies with all applicable laws and regulations. Evaluates the adequacy of policies and procedures for the safeguarding of assets and prevention and detection of loss.

Principal Duties & Responsibilities:

• Develop, implement, and oversee the Compliance Risk Monitoring Program to ensure adherence to regulatory requirements and internal policies and procedures.
• Creates and administers a comprehensive Consumer Compliance Monitoring Program for the Bank by establishing a risk appropriate monitoring schedule with set timelines following the Bank’s Compliance Risk Monitoring Program.
• Manages the Compliance Monitoring Analysts and ensures set performance goals are adequate and being met by conducting regular monitoring and providing ongoing feedback.
• Evaluates reports completed by Compliance Monitoring Analysts and provides guidance to ensure appropriate root cause analysis has been identified and recommended action plans are specific, measurable and achievable.
• Independently conducts the Bank’s inherent annual risk assessments for all deposit and lending compliance regulations to identify regulatory risk levels. Reviews residual risk assessments performed by analysts to assess and manage risk effectively.
• Evaluates results of recent examinations, internal audits, regulatory changes, regulatory enforcement actions and results of risk assessments to identify the need for ad-hoc or targeted reviews.
• Creates routine reports to the Board of Directors, Management Enterprise Risk Committee and Board Enterprise Risk Committee on results of compliance reviews conducted, related findings, recommendations and corrective action plans, as well as other regulatory issues including the adoption of new regulations/policies.
• Independently performs regulatory compliance reviews of all identified regulatory risk levels in accordance with the Bank’s Compliance Risk Management Program, on an as needed basis. This includes planning the review, assessing risk, testing, identifying root cause, performing field work in accordance with regulatory guidance, evaluating internal controls for adequacy, and preparing related working papers to document work performed and substantiates conclusions reached.
• Provides guidance to Compliance Monitoring Analysts in developing review scopes that effectively cover relevant regulations and impacted products.
• Consults with management on regulatory issues relating to new product development/services/software for compliance risk applicability/exposure, within affected areas.
• Monitors regulatory developments and industry best practices to ensure the Compliance Risk Monitoring Program remains current and effective.
• Reviews and interprets new and pending laws and regulations that potentially affect the organization’s business practices. Implements new processes and procedures needed to comply with new requirements, including disclosure/forms/notices affecting the Compliance Risk Management Program.
• Ensures all marketing material is adequately reviewed for regulatory compliance and works with the Bank’s Marketing Department to provide regulatory guidance.
• As identified during compliance reviews, provide training, guidance, and support to Bank personnel in any areas of compliance in need of reinforcement.
• Participates in Bank examinations and internal/external audits and ensure all required documents are provided and questions are answered.
• Becomes familiar with all banking areas and develop specialization in certain compliance areas thus requiring in depth knowledge and training in the function, such as regulatory lending, deposits or operation activities. Responds to regulatory questions.

• 5-7 years experience in bank internal auditing, compliance monitoring or regulatory examination with thorough knowledge of practices, principles, and inter- relationships of banking functions.
• Expertise of Compliance laws, rules, regulations, risks and typologies.
• Excellent written, verbal and analytical skills Must be a self-starter, flexible, innovative and adaptive.
• Highly motivated, strong attention to detail, team oriented, and organized.
• Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
• Ability to work collaboratively with regional and global partners in other functional units.
• Ability to train, coach, and manage team members.
• Skills in fact-finding, analysis, problem- solving and decision making are required.
• Must have general knowledge of consumer compliance laws and regulations.
• Excellent PC skills including familiarity with Microsoft Office Suite.

• Bachelor's Degree or equivalent work experience. 

• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
• Please view Equal Employment Opportunity Posters provided by OFCCP here.
• The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
• Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.