[Hiring] Compliance Officer I @First Citizens Bank

Role Description

This position is responsible for executing the Compliance Risk Management Program of the Bank.

• Maintains knowledge of new and existing laws that impact enterprise activities to recommend necessary changes to mitigate compliance risk.
• Reviews business processes, procedures, and activities for risks and inefficiencies.
• Assists with internal and external audits.
• Implements new compliance policies, as appropriate.
• Serves as a liaison between corporate, legal, and business teams to identify and resolve complex issues.

Responsibilities

• Compliance Improvement: Analyzes external laws and regulations as well as internal processes and systems. Aids the development and revision of policies, procedures, services, products, and systems that support regulatory compliance. Communicates changes to business partners and supports implementation of necessary changes to impacted business areas. May assist special projects or related business initiatives.
• Business Support: Serves as a liaison between business units, examiners, regulators, auditors, legal and corporate compliance during compliance examinations. Tracks, investigates, and resolves issues which may involve system testing or direct consumer complaints. Recommends process and operational improvements that enhance efficiencies and reduce risk. May provide technical support to business programs, systems, or vendors throughout daily activities.
• Reporting: Prepares reports for management on results of compliance reviews, legal changes, or new regulations. Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups.
• Compliance Expertise: Maintains a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serves as a resource to management and associates on compliance-related matters.

Qualifications

• Bachelor's Degree and 4 years of experience in Compliance, Legal, Audit, Banking -OR- High School Diploma or GED and 8 years of experience in Compliance, Legal, Audit, Banking
• Experience with consumer and small business deposits
• Compliance knowledge and understanding of Regulation E, disputes, and electronic funds transfer.
• Ability to cross collaborate and effectively communicate (verbally and written) and work with different levels within the bank including stakeholders.
• Tech savviness, with the ability to pick up new technologies, and have strong knowledge of MS Office Suite including Excel and Power Point.

Requirements

• License or Certification Type:
• Certified Anti-Money Laundering Specialist (CAMS)
• Certified Anti-Money Laundering and Fraud Professional (CAFP)
• Certified Regulatory Compliance Manager (CRCM)
• Certified Information Privacy Professional (CIPP)

Benefits

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits .