[Hiring] Assistant Compliance Officer @b1BANK

Role Description

The Assistant Compliance Officer (ACO) supports the Bank's Compliance Officer in managing and administering the Bank's regulatory compliance program. This position provides oversight, guidance, and monitoring to help ensure compliance with applicable federal and state banking laws, regulations, regulatory guidance, and internal policies. The role works closely with business line leaders, Legal, Risk Management, Internal Audit, and senior management.

• Assist the Compliance Officer in developing, implementing, and maintaining the bank’s Compliance Management System (CMS).
• Support the development and maintenance of compliance policies, procedures, and risk assessments.
• Monitor regulatory changes and communicate their impact across the organization and applicable business units.
• Review policies, procedures, disclosures, forms, marketing materials, and operational processes for regulatory compliance.
• Monitor compliance risks across lending, deposits, marketing, fair lending, UDAAP/UDAP, privacy, and other applicable areas.
• Participate in compliance risk assessments and the development of the annual compliance plan, as needed.
• Review compliance-related findings from Internal Audit, regulatory examinations, monitoring, testing, and other risk management activities.
• Oversee corrective action plans and help ensure timely remediation.
• Prepare compliance reports and presentations for executive management, the Board, and Board committees.
• Maintain awareness of regulatory developments and emerging compliance risks.
• Assist in developing and delivering compliance training.
• Serve as a resource and provide guidance to Compliance staff.

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Banking, or a related field, or equivalent experience, is required.
• Eight (8) to Ten (10) years of banking experience, including at least four (4) years in compliance, audit, regulatory risk, or related risk management functions, is required.
• Certified Regulatory Compliance Manager (CRCM) certification is required.
• Strong knowledge of federal banking regulations and regulatory guidance.
• Experience with regulatory examinations and audits, compliance monitoring and testing, risk assessments, and issue management.
• Collaborative team player with the ability to build effective working relationships across the organization.
• Strong analytical skills, including the ability to evaluate data and identify trends and root causes.
• Excellent project management, organizational, and time management skills.
• Strong verbal and written communication skills, with the ability to document conclusions clearly and concisely.
• Proficient in Microsoft Word, Excel, and Outlook.
• Travel may be required periodically.

Company Description

b1BANK is an Equal Opportunity Employer.