Manager of Compliance

F.N.B. Corporation•Pittsburgh, PA

1d•Onsite

About The Position

The Manager of Compliance manages a team of compliance professionals responsible for line-of-business or enterprise-wide oversight of high-impact laws, rules, and regulations. The role defines and implements strategic coverage, conducts compliance monitoring, testing, and risk assessments, and manages policies and procedures. The incumbent serves as a subject matter expert and interacts with senior organizational leaders and regulatory agencies. The role supports the corporation’s Compliance Risk Management Program by establishing systematic methods for evaluating compliance with applicable federal and state consumer protection laws, regulations, and internal policies. It also manages departmental operations, regulatory change tracking and communication, examination recordkeeping, complaint handling coordination, compliance strategies, reporting, and examination activities. The Manager works collaboratively with business affiliates, internal audit, and other stakeholders to develop and maintain effective compliance programs and controls. The position requires a bachelor’s degree and, as clarified in the posting’s note, at least seven years of related experience; ten years is preferred. The posting also identifies fiduciary and trust compliance experience as preferred, including familiarity with 12 CFR Part 9 and OCC examination expectations. The role is based at the primary office at 626 Washington Place, Pittsburgh, Pennsylvania.

Requirements

Bachelor of Arts or Bachelor of Science degree.
At least 7 years of related experience; the posting lists 10 years as preferred.
Excellent management skills.
Excellent written and verbal communication skills.
Excellent customer service skills.
Ability to use general office equipment.
Ability to use a personal computer and job-related software.
MS Word at a basic level.
MS Excel at an intermediate level.
MS PowerPoint at a basic level.
Experience conducting assessments or comparable production experience.
Knowledge of federal and state consumer protection laws and banking regulations.
Candidates must be legally authorized to work in the United States; employment-based visa sponsorship is not provided.

Nice To Haves

Ten years of related experience.
Experience providing compliance oversight or advisory support for trust, fiduciary, wealth management, or private banking activities, preferably within a national bank, state-chartered trust bank, or bank trust department.
Working knowledge of 12 CFR Part 9 and regulatory requirements applicable to exercising fiduciary powers.
Experience interpreting and applying fiduciary requirements involving account acceptance and administration, investment oversight, conflicts of interest and self-dealing, custody and safeguarding of fiduciary assets, recordkeeping, and fiduciary audits.
Understanding of compliance considerations for trust administration, estates, personal trusts, employee benefit accounts, investment management, and other fiduciary relationships.
Ability to assess business processes and controls for compliance with federal and state trust and fiduciary requirements and provide practical guidance to business partners.
Experience conducting or supporting compliance risk assessments, monitoring and testing, regulatory change management, issue management, policies and procedures, and regulatory examinations involving trust or fiduciary activities.
Experience working directly with trust officers, fiduciary administrators, investment personnel, Legal, Risk Management, Audit, and senior business leaders.
Familiarity with OCC examination expectations and translating regulatory requirements into practical controls and business processes.
Experience with Access, ACL, or other database systems.
Certified Regulatory Compliance Manager designation.

Responsibilities

Manage a team of compliance professionals providing line-of-business or enterprise-wide oversight for high-impact laws, rules, and regulations.
Define and implement the strategic direction for compliance coverage areas.
Conduct compliance monitoring, testing, and risk assessments, and manage policies and procedures.
Implement a compliance risk assessment process to evaluate affiliates’ compliance with applicable consumer protection laws, regulations, and internal policies and procedures.
Manage departmental activities to ensure company functions conform to federal, state, and local regulations; develop appropriate policies, procedures, contracts, and documents; and monitor departmental efficiency and performance.
Maintain current information on new and pending laws and regulations, ensure applicable changes are implemented and communicated, schedule reviews and training as needed, and contribute to maintaining the regulatory repository.
Oversee internal recordkeeping for consumer compliance examinations and coordinate proper handling of consumer complaints and notices with department managers.
Assist with the department’s annual budget and adhere to budget parameters.
Develop, communicate, and implement compliance strategies for business-as-usual activities and point-in-time transformation initiatives.
Prepare periodic reports for the Board of Directors, committees, and other groups as required.
Gather and assimilate comments from business units and compliance personnel, coordinate regulatory examinations, and prepare regulatory comment letters for the coverage area.
Establish and maintain processes for identifying, measuring, and evaluating risk through transactional testing, continuous monitoring, system or process assessments, and other appropriate validations or testing.
Develop assessment plans to ensure reviews are conducted regularly and according to risk standards.
Maintain a collaborative relationship with internal audit, participate in quarterly review assessments with the General Auditor, coordinate documents in response to examination request letters, and participate in examination status meetings as necessary.
Assist affiliates in developing and implementing compliance programs by providing technical advice and guidance, including on monitoring compliance requirements and reporting results.
Perform other related duties and projects as assigned.
Serve as a risk manager by understanding, reporting, responding to, managing, and monitoring risks encountered in the business, as required by the corporation’s risk management program.
Adhere to regulatory laws and company procedures as a required component of the position.