The Bancorp

AVP, Enterprise Compliance Risk Assessments

The Bancorp

full-time

Posted on:

Location Type: Hybrid

Location: Sioux Falls • South Dakota • 🇺🇸 United States

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Job Level

Lead

About the role

  • Completes Compliance Risk Assessments on third-party program managers and lines of business, including an evaluation of regulatory and operational control frameworks and identification of areas for improvements, in collaboration with the Director Enterprise Compliance
  • Conducts Compliance Risk Assessments on third-party program managers and lines of business, including an assessment of applicable regulatory and operational requirements, evaluation of controls, and identification of areas of improvement, in accordance with the approved annual schedule
  • Writes Risk Assessment reports summarizing the completed assessment, including scope, conclusions, and identified areas of improvement
  • Presents Risk Assessment conclusions to internal and external parties with focus on identified areas of improvement, as necessary
  • Assists with the creation of the annual Compliance Risk Assessment schedule
  • Builds and maintains close working partnerships with internal and external stakeholders involved with the completion and issuance of Risk Assessments
  • Participates in Compliance related meetings with management and others, as necessary
  • Stays abreast of relevant consumer protection laws, regulations, and supervisory guidance applicable to the assigned business lines, including, but not limited to, consumer deposit and credit regulatory requirements (e.g., Regulation B, E, P, V, Z, CC, DD, UDAAP, E-SIGN, 1099 IRS rules, Military Lending Act, and Servicemembers Civil Relief Act)
  • Assists with the management of Compliance related audits and examinations, including gathering relevant documentation, meeting with auditors/examiners to respond to questions, preparing management responses, and implementing actions recommended by auditors and examiners
  • Performs other duties as assigned

Requirements

  • Undergraduate degree in business or a related field or an equivalent combination of training and experience
  • 5 years of consumer compliance experience in the banking or financial services industry
  • CRCM, CCBCO, or other compliance certification preferred
  • Comprehensive knowledge of consumer protection laws affecting lending, deposit, and payments-related products
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to simultaneously prioritize and manage multiple projects and deadlines
  • Detail oriented with strong organizational skills
  • A team player, able to work effectively in a team fostered, multi-tasking environment
  • 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
  • Paid time off

Applicant Tracking System Keywords

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

Hard skills
Compliance Risk AssessmentRegulatory control frameworksOperational control frameworksConsumer protection lawsLending regulationsDeposit regulationsPayments-related productsRisk Assessment reportingAudit managementRelational databases
Soft skills
Verbal communicationWritten communicationInterpersonal communicationOrganizational skillsDetail orientedProject managementTeam collaborationMulti-taskingStakeholder engagementPresentation skills
Certifications
CRCMCCBCO