Compliance Officer

Truist Bank • Greensboro, VA

2d • 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

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• 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