Compliance Governance Director

Coastal Community Bank • Madison, MS

1d • $146,230 - $195,217

About The Position

The Compliance Program Oversight & Governance Director is responsible for maintaining a robust and effective compliance management system (CMS) at the Bank, collaborating across the three lines of defense to establish. Key Responsibilities include supporting the maturity of the Compliance program, developing compliance policies/programs, exam management, process improvement identification and execution, Board Committee and Management reporting, MIS Reporting and Technology initiatives.

Requirements

• Ability to read, analyze and interpret governmental laws, regulations, and regulatory guidance.
• Strong investigative, problem-solving, and critical thinking skills and ability to provide workable recommendations and solutions.
• Ability to perform multiple tasks and priorities to meet deadlines.
• Ability to exercise independent judgement and perform complex analytical work independently.
• Strong verbal and written communication skills with ability to summarize issues, articulate complex concepts clearly, create reports effectively, and interact with variety of individuals within all levels of the department and the financial institution.
• Must possess initiative, be a self-starter, have exceptional organizational skills and a high attention to detail and accuracy.
• Proven ability to establish and maintain effective relationships at all levels.
• Advanced knowledge with standard computer applications including Windows Office suite, e.g. Microsoft Word, Excel, PowerPoint, SharePoint.

Nice To Haves

• Certified Regulatory Compliance Manager (CRCM) designation preferred.
• Ideally,experienceacrossfintechandtraditionalfinancialinstitutions.

Responsibilities

• Create oversight program for regulatory reporting, work with operations, advisory, business units/partners and IT to bridge gaps or provide compliance expertise.
• Lead improvement efforts to correct any gaps or deficiencies identified in internal reviews, audits, or regulatory examinations.
• Oversee and lead various task forces or discussion groups to address compliance related matters and develop enhancement strategies.
• Develop and implement approach for developing metrics and reporting.
• Analyze data and create presentations for the Board, Management and other stakeholders.
• Develop, revise, and implement Bank-wide compliance policies and procedures and address various compliance matters.
• Drive strategy for enhancing the Compliance Risk Assessment, including process, risk and control inventory management.
• Lead Compliance technology initiatives, managing relationship and execution
• Manage requests from outside regulators and internal audit.
• Maintain proficient knowledge of the rules and regulations, including but not limited to, Regulation E, Truth in Savings Act, Unfair, Deceptive or Abusive Acts or Practices (UDAAP), FACTA, Reg Z-Truth in Lending, Reg B-Equal Credit Opportunity Act, Fair Credit Reporting Act.
• Builds and maintains strong relationships with key stakeholders and team members.
• Provide internal service in accordance with Coastal Core Values.
• Because we are a rapidly changing organization, there will be other duties as assigned.

Benefits

• Medical Coverage: Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle.
• Health Savings Account (HSA): Available with eligible medical plans, offering tax advantages and employer contributions.
• Flexible Spending Accounts (FSA): Options for healthcare and dependent care expenses to help you save on out-of-pocket costs.
• Dental and Vision Insurance: Plans to keep you and your family smiling and seeing clearly.
• Life Insurance: Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.
• Long-Term /Short-Term Disability (LTD): Income protection in the event of a long-term illness or injury.
• Supplemental Benefits: Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most.
• 401(k) Retirement Plan: A competitive retirement savings plan with company matching to help you plan for the future.
• Paid Time Off: Generous vacation and sick leave policies to support your time away from work.
• Holidays: Enjoy 11 paid holidays throughout the year.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed