Compliance Manager

Celtic Bank • Salt Lake City, UT

19h • Hybrid

About The Position

Celtic Bank is seeking a Compliance Manager (“CM”) who will be responsible for ensuring compliance with federal and state banking regulations, as well as all Celtic Bank policies, procedures and standards. This position will be responsible for working closely with the Bank’s Strategic Lending Partners to review contractual and regulatory compliance requirements, perform due diligence, assess compliance risks, monitor for adherence to policies and regulations, and manage compliance activities associated with changes to products, services, and/or regulations. Strong acumen in the following is required: Consumer protection financial regulations, including CARD ACT /Regulation Z; fair lending regulations, commercial lending regulations; anti-money laundering laws; developing/applying risk assessments; complaint management; incident management; marketing compliance; and understanding of third-party oversight principles.

Requirements

• Bachelor's degree and 3+ years of regulatory compliance experience; or if no degree, 5+ years comparable compliance experience.
• Must have prior bank experience, fintech experience preferred.
• Strong knowledge and experience with commercial and/or consumer lending regulations including UDAAP, ECOA/Fair Lending, TILA (including the CARD Act), FCRA/FACTA, SCRA, MLA, FDCPA, Privacy and TCPA.
• Knowledge and experience in performing internal control reviews, quality assessments, Compliance or Audit testing.
• Excellent verbal/written communication and strong presentation skills.
• Project management and organization skills required.
• Strong attention to detail.
• Must be a self-starter with the ability to work independently in a fast-paced environment, with minimum supervision to manage conflicting priorities and successfully meet established project deadlines.
• Team player; collaborative and interfaces effectively with other departments and Executive Management teams.
• High initiative and strong problem-solving skills; exhibits good judgement and able to make sound decisions.
• Experience working with regulators (FDIC, Utah Department of Financial Institutions) is preferred.

Nice To Haves

• CRCM or CAMS desired, but not required.

Responsibilities

• Act as the primary contact for assigned SLPs with respect to compliance-related matters and activities.
• Oversee and monitor the Compliance Management Systems of assigned SLPs.
• Inform Executive Management and support teams of key developments related to regulatory compliance and determine the impact of those developments to the Bank.
• Ensure that existing and proposed business practices comply with policies and procedures as accomplished through origination software systems; loan pricing; marketing materials; customer correspondence; and product documents and disclosures.
• Stay abreast of all federal and state regulatory changes related to consumer and commercial lending, privacy, and anti-money laundering. Ensure changes are appropriately communicated and addressed.
• Conduct regulatory risk assessments to identify key areas of inherent compliance risk, mitigating controls, and residual risks that apply to the Bank.
• Identify and deploy controls that address compliance risk and document in policies and/or procedures.
• Assist in the refinement and execution of compliance monitoring programs to test compliance controls and procedures.
• Review, facilitate responses to, and identify trends/systemic issues on customer complaints.
• Participate in audits and regulatory examinations. Assist in addressing findings and help prepare responses as requested.
• Complete additional projects and duties, as directed.

Benefits

• Medical, dental, vision
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off requests
• Robust wellness program (we’re talking catered meals four times a weeks, lunch and learns, and onsite gym.)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level