Compliance Officer

Columbia Bank • Los Angeles, CA

2d • $85,543 - $122,203

About The Position

About the Role: Administer, oversee and direct compliance program for a business unit, division, or the Bank and its subsidiaries, in order to ensure compliance with various laws and regulations. Maintain a compliance management strategy that reduces risk, promotes operational efficiency and fosters high quality customer service through implementation of the Bank's compliance and risk management standards. Develop and maintain bank-wide compliance programs. Provide compliance advice to a business unit, division, or the enterpriseby providing subject matter expertise in response to questions and in reviews of products, services and delivery systems, including the implementation of new regulations or changes to existing regulations. Administer the compliance and risk management program standards for assigned business units, divisions or enterprise that includes conducting monitoring, performing reviews, developing risk assessments, assessing controls, and/or self-assessments. Engage in the development of the annual required training plan, including reviewing and/or developing custom training as needed. Develop a comprehensive understanding of applicable regulatory compliance examination manuals. Prepare guidance on compliance issues to applicable areas of assignment, including the implementation of new regulations or changes to existing regulations. Prepare annual review of the Bank’s compliance related corporate policies; revise as needed based on regulatory, organizational and procedural changes, and exam or audit findings. Ensure revisions to corresponding business unit policies and procedures occur. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulatory changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of written policies and procedures as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become “Business Bank of Choice” May perform other duties as assigned. About You: Bachelor's Degree (preferred) 2-4 years — of financial services sector experience (Required) Knowledge of consumer financial regulations and compliance management programs. Knowledge of various bank operations. Specialization in specific regulatory risk area may be required. Extensive understanding of financial institution general control structure to assess regulatory risk and make appropriate recommendations. Advanced level of interpersonal communication skills, both written and verbal. Possess strong project management, organizational, analytical and leadership skills. Possess proficiency in the use of standard office software applications such as Word, Excel, Power Point, Share Point, etc. Travel Requirements Occasional

Requirements

• 2-4 years — of financial services sector experience (Required)
• Knowledge of consumer financial regulations and compliance management programs.
• Knowledge of various bank operations.
• Specialization in specific regulatory risk area may be required.
• Extensive understanding of financial institution general control structure to assess regulatory risk and make appropriate recommendations.
• Advanced level of interpersonal communication skills, both written and verbal.
• Possess strong project management, organizational, analytical and leadership skills.
• Possess proficiency in the use of standard office software applications such as Word, Excel, Power Point, Share Point, etc.

Nice To Haves

• Bachelor's Degree (preferred)

Responsibilities

• Administer, oversee and direct compliance program for a business unit, division, or the Bank and its subsidiaries, in order to ensure compliance with various laws and regulations.
• Maintain a compliance management strategy that reduces risk, promotes operational efficiency and fosters high quality customer service through implementation of the Bank's compliance and risk management standards.
• Develop and maintain bank-wide compliance programs.
• Provide compliance advice to a business unit, division, or the enterpriseby providing subject matter expertise in response to questions and in reviews of products, services and delivery systems, including the implementation of new regulations or changes to existing regulations.
• Administer the compliance and risk management program standards for assigned business units, divisions or enterprise that includes conducting monitoring, performing reviews, developing risk assessments, assessing controls, and/or self-assessments.
• Engage in the development of the annual required training plan, including reviewing and/or developing custom training as needed.
• Develop a comprehensive understanding of applicable regulatory compliance examination manuals.
• Prepare guidance on compliance issues to applicable areas of assignment, including the implementation of new regulations or changes to existing regulations.
• Prepare annual review of the Bank’s compliance related corporate policies; revise as needed based on regulatory, organizational and procedural changes, and exam or audit findings.
• Ensure revisions to corresponding business unit policies and procedures occur.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training.
• Keeps up to date on regulatory changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of written policies and procedures as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become “Business Bank of Choice”
• May perform other duties as assigned.

Benefits

• We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.
• We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays.
• Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

What This Job Offers

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