Compliance Manager & CRA Officer

Shore United Bank • Centreville, MD

78d • $94,000 - $107,950

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 ensuring 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.

Requirements

• High school diploma/GED equivalent.
• A B.S. or B.A. degree in a related field normally required; specialized compliance education and training required.
• A Minimum of five (5) years’ related experience normally required.

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.
• Serves as Compliance Committee Chair; coordinates meetings and ensures agenda, minutes, and materials are prepared and distributed timely.
• Developing, implementing, and administering all aspects of the bank’s Community Reinvestment Act Program.
• Implements strategies to achieve goals assigned to the department as established in the Division's annual operating plan.
• Coordinates specific work tasks with other personnel within the department as well as with other departments.
• 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.
• 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.

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees