Compliance Officer

Truist Bank • Richmond, VA

22h • Onsite

About The Position

Responsible for conducting compliance risk oversight of assigned business units and/or functions. Executes compliance risk management activities to reasonably ensure compliance with the Compliance Risk Management Policy and Framework. Position will sit in-office 5 days a week at one of the hub locations listed. No remote options available.

Requirements

• Bachelor's degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience.
• Two years of compliance-related experience
• Five years of financial institution experience
• Demonstrated working knowledge of standard compliance concepts, practices, policies and related state and federal laws.
• Detail orientated and strong analytical skills.
• Strong communication, presentation and facilitation skills; proven ability to interact with all levels of management.
• Leadership skills to guide and mentor the work of less experienced compliance consultants and analysts.

Nice To Haves

• 5 years of experience in the financial services industry within audit, compliance, financial crimes or fraud
• Completion of the American Bankers Association (ABA) Compliance School, CRCM certification, CAFP Certified AML and Fraud Professional

Responsibilities

• Maintain an understanding of all applicable laws, rules and regulations applicable to coverage areas and provide regulatory guidance to assigned business unit and/or function associates.
• Review regulatory changes and assess the impact those changes may have on assigned business units and/or functions.
• Manage compliance risk management communications, training, documentation, procedures, and processes.
• Monitor and communicate compliance risk management industry developments.
• Implement strategies and methods related to the compliance risk management framework within the organization, including quality assessments, key risk, and performance measurement data, along with oversight monitoring and mitigation strategies.
• Assess process, procedure and control documentation and other related compliance issues and documentation to help ensure they are accurate and easily understood by audit and/or external regulatory agencies
• Consult with business and/or functional units with respect to the design and implementation of remediation efforts as needed.

Benefits

• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

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