Deposit Compliance Officer

Peoples Bank • Greenville, SC

295d • $68,287 - $113,209

About The Position

Join our dynamic team as a Deposit Compliance Officer! In this pivotal role, you'll develop, implement, and administer a comprehensive monitoring program, providing proactive advice to stakeholders on deposit operations. Your primary goal is to ensure robust coverage of deposit compliance-related risk management requirements. You'll regularly interact with senior management across various departments, including Operations, IT, Third Party Risk Management, Marketing, Internal Audit, Training, Project Governance, Compliance, and Enterprise Risk Management.

Requirements

• Minimum of 5 years in regulatory compliance of banking laws and regulations or related experience.
• Bachelor's degree.
• In-depth knowledge of deposit-related state and federal banking laws and regulations (e.g., Regulations E, CC, UDAAP, EFTA, TISA).
• Strong ability to interpret and understand government laws and regulations.
• Excellent communication, analytical, and project management skills.
• Proficiency in bank systems and processes; advanced MS Word, Excel, and PowerPoint skills.
• Data analysis experience is a plus.
• Sound judgment and problem-solving skills.
• Detail-oriented and well-organized.
• Collaborative team player with a positive attitude.
• Leadership and management skills to direct compliance staff.

Nice To Haves

• Certified Regulatory Compliance Manager (CRCM) or similar accreditation is a plus.

Responsibilities

• Monitor and analyze bank functions to minimize risk and promote operational efficiencies.
• Develop expertise in key regulations and implement procedures to support compliance initiatives.
• Advise lines of business on bank policies, procedures, and deposit-related regulations.
• Ensure compliance with federal and state regulations, including vendor monitoring.
• Develop and report key performance and risk indicators to track regulatory data performance.
• Prepare periodic reports and dashboards for senior leadership and the Board.
• Conduct reviews and advise senior management on potential impacts of adverse findings.
• Monitor and track corrective actions on regulatory issues to resolution.
• Assist the Chief Compliance Officer with regulatory examinations and facilitate training for teammates.
• Stay updated on regulatory changes and coordinate necessary adjustments within the business.
• Provide compliance guidance to employees and manage direct reports, including training and performance evaluations.
• Support special projects to ensure regulatory requirements are met.
• Participate in all required compliance training, including BSA/AML training and other internal and external programs.

Benefits

• Schedule flexibility to work evenings and weekends as needed.
• Up to 10% travel required.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree