The Bancorp

VP Enterprise Compliance

The Bancorp

full-time

Posted on:

Location Type: Hybrid

Location: South Dakota • United States

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Job Level

Lead

About the role

  • Manages and administers the bank’s compliance risk management program in collaboration with the Compliance Officer
  • Keeps abreast of relevant consumer protection laws, regulations, and supervisory guidance applicable to the assigned business line
  • Informs management, clients and interested parties of new and modified compliance requirements
  • Trains internal and external clients on compliance requirements through a variety of methods
  • Reviews and updates policies, procedures and disclosures as needed for adherence with applicable laws and regulations
  • Assists in the development of compliance-related policies and procedures
  • Assists in creating and maintaining company standards related to higher risk products, services, and practices
  • Ensures documentation and training materials are current to minimize risks
  • Performs compliance reviews and risk assessments on new programs and initiatives
  • Performs ongoing evaluation of third parties requiring enhanced oversight
  • Participates in onsite due diligence reviews of key third party service providers
  • Reviews elevated marketing materials for adherence to regulatory requirements
  • Oversees monitoring and testing to ensure that activities are completed in accordance with approved schedules
  • Identifies corrective action and follows up to ensure implementation
  • Builds and maintains close working partnerships with internal stakeholders and external clients
  • Prepares and presents compliance reports and executive summaries of compliance activities
  • Acts as a subject matter expert, advising the team, other departments and clients on compliance issues
  • Partners with internal and external stakeholders to develop solutions and recommendations to meet compliance needs
  • Assists in the management of compliance-related audits and examinations.

Requirements

  • Undergraduate degree in business or a related field or an equivalent combination of training and experience
  • 10 years of compliance experience in the banking or financial services industry
  • CRCM certification preferred
  • Extensive knowledge of federal consumer protection laws and regulations
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to simultaneously prioritize and manage multiple projects and deadlines
  • Comprehensive working knowledge of consumer and commercial banking laws and regulations
  • Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook
  • Experience in relational databases (Quick Base and Archer) is preferred.
Benefits
  • Health insurance
  • 401(k) matching
  • Flexible work hours
  • Paid time off
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compliance risk managementcompliance reviewsrisk assessmentspolicy developmenttrainingdocumentation managementaudit managementproject managementconsumer protection lawsbanking regulations
Soft Skills
communication skillsinterpersonal skillsorganizational skillsproblem-solvingcollaborationpresentation skillsprioritizationtime managementstakeholder managementadvisory skills
Certifications
CRCM