Compliance Manager & CRA Officer

Shore United Bank•Waldorf, MD

16d•$94,000 - $107,950•Onsite

About The Position

Shore United Bank is seeking a full-time Compliance Manager & CRA Officer to join our team. The Compliance Manager & CRA Officer is responsible for developing and maintaining the internal compliance program; managing overall Bank compliance insuring adherence to the Bank’s policies and procedures, consumer regulations, and federal and state banking regulations; achieving annual goals and objectives established in the Compliance Division’s annual operating plan; communicating with appropriate personnel; interfacing with other divisions and management personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports. Essential Functions Include: Assess compliance risks and implements monitoring controls appropriate for the defined risk. Monitor and test adherence to regulations and implementation of follow-up activities. Responsible for formulating, implementing, updating, and reviewing Bank policies and procedures with regards to regulatory requirements. Informs management and personnel of changes in laws and regulations and their implications. Coordinates compliance training. Serves as liaison with regulators and internal and external auditors. Prepares for audits and examinations. Responds to auditors’ and regulators’ inquiries in a timely manner. Researches, responds, and corrects findings. Assists all departments with compliance issues. Serves as the compliance resource to line managers and staff in all departments, responding to and resolving all compliance related questions and issues. Including compliance review of all advertisements, publications, and forms. Serves as Compliance Committee Chair; coordinates meetings and ensures agenda, minutes, and materials are prepared and distributed timely and any follow-up activities are completed. Developing, implementing, and administering all aspects of the bank’s Community Reinvestment Act Program. Demonstrating the bank’s responsiveness to the needs of our communities, especially low-to-moderate income areas.. Implements strategies to achieve goals assigned to the department as established in the Division's annual operating plan; assists in the development of the annual budget for the department and adheres to budget parameters. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace. Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information. Communicates with management and staff personnel in order to integrate goals and activities; reports to the Bank’s Board of Directors, and/or Executive Management on compliance matters. Responds to inquiries relating to his/her particular area, or to requests from other bank personnel, customers, etc., within given time frames and within established policy. Directly supervises assigned team of Compliance specialists. Administers personnel policies and procedures as established by bank policy. Demonstrates compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting all policies, procedures, and practices that promote risk management, safety, and regulatory adherence. Location: Waldorf Branch - 3035 Leonardtown Rd, Waldorf, MD 20601 Position Type/Expected Hours of Work: Full-time. Exempt. Days of Work: Monday-Friday.

Requirements

A Bachelors degree in finance, business, or related field preferred
Relevant compliance training, education, and certifications (e.g. CRCM)
Minimum of three (3) years’ experience in a compliance or regulatory role within a bank
Proven success in managing day-to-day compliance operations

Responsibilities

Assess compliance risks and implements monitoring controls appropriate for the defined risk.
Monitor and test adherence to regulations and implementation of follow-up activities.
Responsible for formulating, implementing, updating, and reviewing Bank policies and procedures with regards to regulatory requirements.
Informs management and personnel of changes in laws and regulations and their implications.
Coordinates compliance training.
Serves as liaison with regulators and internal and external auditors.
Prepares for audits and examinations.
Responds to auditors’ and regulators’ inquiries in a timely manner.
Researches, responds, and corrects findings.
Assists all departments with compliance issues.
Serves as the compliance resource to line managers and staff in all departments, responding to and resolving all compliance related questions and issues. Including compliance review of all advertisements, publications, and forms.
Serves as Compliance Committee Chair; coordinates meetings and ensures agenda, minutes, and materials are prepared and distributed timely and any follow-up activities are completed.
Developing, implementing, and administering all aspects of the bank’s Community Reinvestment Act Program.
Demonstrating the bank’s responsiveness to the needs of our communities, especially low-to-moderate income areas.
Implements strategies to achieve goals assigned to the department as established in the Division's annual operating plan; assists in the development of the annual budget for the department and adheres to budget parameters.
Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information.
Communicates with management and staff personnel in order to integrate goals and activities; reports to the Bank’s Board of Directors, and/or Executive Management on compliance matters.
Responds to inquiries relating to his/her particular area, or to requests from other bank personnel, customers, etc., within given time frames and within established policy.
Directly supervises assigned team of Compliance specialists.
Administers personnel policies and procedures as established by bank policy.
Demonstrates compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting all policies, procedures, and practices that promote risk management, safety, and regulatory adherence.

Benefits

Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
Paid parental leave
401k savings plan with up to a 4% company match
Employee Stock Purchase Plan
Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
Opportunity for growth and advancement
Paid training program and continuous training sessions throughout the year on various topics
Generous paid time off and paid sick time
Community involvement opportunities