[Hiring] Compliance Director, Testing & Monitoring @MVB Bank

Role Description

The Compliance Director, Testing & Monitoring position is responsible for overseeing consumer regulatory testing activities within our banking processes. This role will support the compliance programs for both core retail banking, as well as our FinTech business partners. This position is responsible for overseeing and directing a team of compliance testing professionals, fostering collaboration and ensuring alignment with organizational goals. The role requires strong leadership skills to guide the team in regulatory compliance initiatives and to support continuous professional development. The successful candidate will serve as a mentor and resource to team members, promoting an environment of accountability, innovation, and mutual respect.

What You’ll Do

• Lead a team of compliance testing and monitoring professionals and/or managed services in planning, executing and reporting the results of regulation-based consumer compliance testing, BSA/AML compliance testing, fintech partner testing and general compliance monitoring and oversight, ensuring compliance testing and monitoring activities are performed consistently and at a high level of quality.
• Review testing results and create reports to properly communicate testing outcomes and risk profiles to management.
• Provide guidance to staff regarding complex compliance issues.
• Evaluate team member performance through quality assurance reviews, performance evaluations and coaching.
• Foster a positive work environment focused on developing individual team member skills through learning and growth opportunities.
• Partner with other Compliance Advisory, Enterprise Risk, Legal and Line of Business stakeholders in developing recommendations to enhancements to compliance controls.
• Maintain a current knowledge of applicable laws, regulations and regulatory expectations (including industry enforcement actions and emerging risks).
• Manage all logistical aspects of the testing process, including budgeting/scheduling, planning/scoping, executing, and reporting.
• Perform validation testing on issues to ensure they have been fully addressed.
• Provide reports to leadership on overall testing results and trends.
• Provide periodic status reporting to the various Management and Board level governance committees.
• Manage the tracking and reporting of compliance testing issues.
• Assist in researching compliance requirements that may arise during the compliance testing process.
• Support and participate in regulatory exams, internal audits and internal compliance testing.

Qualifications

• Bachelor’s degree and/or commensurate work experience.
• 8+ years of consumer compliance, audit or regulatory exam support experience, with specific experience overseeing and performing compliance monitoring and testing activities.
• Strong attention to detail.
• Strong ability to work in an ever-changing environment.
• Strong working knowledge of consumer compliance laws and regulations.
• Strong ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines.
• Strong written and verbal communication skills.
• Ability to work independently.
• Compliance certification, such as a CRCM or CAMS, preferred.
• Must be comfortable working with people at varying levels of skill and authority.
• Demonstrated commitment to service, organization values, and professionalism through appropriate conduct and demeanor always.

Benefits

• Medical, Dental and Vision Insurance
• Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA)
• Short- and Long-Term Disability Plan
• Group Life Insurance
• 401K Salary Deferral Plan
• Wellness Program
• Education & Tuition Expense Reimbursement
• PTO and Unique Vacation Purchase Program
• Nationwide Pet Insurance Coverage