Chief Compliance Officer

TexasBank•Fort Worth, TX

3d•Onsite

About The Position

The Chief Compliance Officer will serve as the primary advisor to the bank, providing strategic direction on regulatory and compliance matters. This role will be responsible for establishing and maintaining an effective, practical, and risk-based compliance risk management framework that supports the bank’s regulatory obligations, business objectives, and commitment to its customers. This role is expected to take a common-sense approach to compliance risk management by identifying meaningful risks, developing proportionate controls, and partnering with lines of business to achieve efficient, sustainable outcomes. This role will lead the compliance functions of the bank, offering specialized regulatory compliance support and clear, actionable guidance to senior leadership and business partners. Additionally, the individual will develop and implement bank-wide compliance review plans, oversee compliance risk management, and ensure all activities align with applicable laws, regulations, internal policies, and customer-focused business practices.

Requirements

Minimum five years experience in a compliance role, preferably a combination of banking, regulatory, and consultancy/professional.
Candidates must possess Certified Regulatory Compliance Manager (CRCM) certification or be able to obtain certification within 6 months of hire.
A general knowledge and understanding of regulations impacting banking, with an emphasis on mortgage production and servicing legislation, rules and regulations.
Excellent computer literacy skills.
Ability to communicate effectively, both verbally and in writing.
Ability to think clearly and assess matters quickly.
Ability to make/take decisions and to think forward and act accordingly.

Nice To Haves

Juris Doctor degree.

Responsibilities

Establish and continuously improve a consistent operating framework for the identification, management, monitoring, and reporting of compliance risks and issues across the bank.
Ensure the operating framework complies with internal policies, regulatory requirements, and statutory obligations.
Apply a practical, common-sense, and risk-based approach to compliance risk management, ensuring that compliance controls and recommendations are proportionate to the level of risk presented.
Build and maintain strong working relationships with lines of business, operations, risk management, and senior leadership to promote shared ownership of compliance risk.
Partner with business leaders to identify compliant, efficient, and customer-focused solutions that support business objectives while appropriately managing regulatory and reputational risk.
Provide clear, timely, and actionable compliance guidance that enables informed decision-making and avoids unnecessary operational burden where risks can be effectively managed through practical controls.
Provide practical compliance guidance on complex risk management issues and support senior management in making strategic decisions that appropriately balance regulatory expectations, business needs, operational efficiency, and customer impact.
Oversee the review, revisions, and implementation of compliance policies, standards, and procedures, to ensure they are aligned with current and upcoming legislation, industry best practices, and the bank’s business objectives.
Lead the bank’s efforts to interpret and apply complex regulatory changes to ensure compliance across the organization.
Serve as the bank’s primary advisor on all matters related to regulatory compliance, and corporate governance.
Develop and implement a comprehensive compliance training strategy for all employees, ensuring that the bank’s compliance culture is continuously reinforced.
Design and execute an effective communication strategy to promote compliance-related policies, updates, and best practices across the organization.
Regularly report to the Board of Directors and senior management on compliance issues, potential risks, and regulatory changes.
Ensure that compliance risks are effectively managed and that senior leaders are adequately informed and able to make timely, informed decisions.
Participate in trade association seminars and industry forums to stay informed about regulatory trends and guidance and advocate for the bank’s interests when necessary.
Coordinate with lines of business and support departments, including risk, operations, lending, servicing, and other functional areas, to ensure policies are applied consistently, understood by business partners, and implemented in a practical and efficient manner.
Monitor non-compliance trends and develop strategies to address and resolve non-compliance issues promptly, escalating matters when necessary.
Draft, review, and revise policies and procedures to ensure they are aligned with current and upcoming legislation, industry best practices, and the bank’s business objectives.
Coordinate with various departments (e.g., risk, operations) to ensure that all policies are applied consistently and are adhered to across the organization.
Provide advice and counsel to the bank's executive leadership on matters involving corporate governance, risk management, and the bank’s regulatory obligations.
Review and interpret corporate contracts, agreements, and documents, ensuring compliance and minimizing potential liabilities.
Oversee litigation management and provide strategic direction on potential or ongoing matters.
Design and implement robust processes to monitor, track, and resolve instances of non-compliance.
Identify the root causes of non-compliance and work with relevant departments to develop remediation plans.
Escalate unresolved compliance issues to senior management, advising on potential regulatory consequences.
Assist executive management in navigating statutory, regulatory, and supervisory requirements.
Perform other duties and special projects as assigned to support organizational objectives and enhance operational efficiency.
Provide early and practical guidance on product development, mergers, acquisitions, and other corporate initiatives to help business partners identify compliant, efficient, and customer-focused solutions while appropriately managing regulatory risk.
Support the development of compliance-related projects and initiatives, ensuring alignment with regulatory requirements, business goals, operational efficiency, and positive customer outcomes.