Principal - Compliance (Hybrid) (Richmond, VA)

Atlantic Union Bank Careers • Glen Allen, VA

7h • Hybrid

About The Position

The Principal - Compliance manages and advances key enterprise Compliance programs and regulatory management capabilities. The position supports regulatory intelligence and change management, regulatory inventory and obligations management, regulatory implementation tracking, Compliance training, and Compliance Management System maturity initiatives. The work includes tracking and monitoring all applicable laws in the 50 states and applicable federal laws and regulations. The role partners with Legal, Enterprise Risk, Compliance subject matter experts, business owners, and other stakeholders to translate regulatory developments and program needs into structured, sustainable processes and promote effective governance, documentation, reporting, and continuous improvement.

Regulatory Affairs and Compliance is responsible for ensuring regulatory approval and maintaining licenses and permits for products, and for monitoring, interpreting, and assessing the impact of legislation, regulations, and regulatory developments on business operations and compliance programs. Activities may include defining, documenting, and implementing policies and procedures that comply with applicable laws; conducting compliance training and audits; investigating complaints; ensuring corrective actions are taken; and preparing, reviewing, and managing regulatory and compliance documentation and reporting for internal and external audiences.

The Compliance area ensures the organization functions in compliance with relevant laws, regulations, and policies. It is responsible for organizing and implementing compliance audits; performing or managing daily compliance risk identification, inspection, and reporting; and developing and implementing domestic and international preventative measures and internal controls. Other duties may be assigned.

This role is recognized as a subject matter expert and typically requires advanced education and work experience. Responsibilities include managing large projects or processes with limited oversight, and coaching, reviewing, and delegating work to lower-level professionals. Problems are often difficult and complex.

A bachelor's degree is required, although an equivalent combination of education and experience may be considered. The role typically requires 6–8+ years of prior experience and deep knowledge of the job area. Salary is based on factors including education, work experience, and certifications. The position is eligible to participate in an applicable incentive compensation plan or a discretionary profit-sharing bonus program. General information about the company's benefits package is available on its careers website.

Requirements

• Bachelor's degree; an equivalent combination of education and experience may be considered.
• Typically 6–8+ years of prior experience with deep knowledge of the job area.
• Significant experience in Compliance, regulatory affairs, risk management, audit, or a related discipline.
• Demonstrated knowledge of regulatory change management, regulatory research, regulatory inventories, obligations management, or comparable Compliance programs.
• Strong analytical and problem-solving skills, including assessing program effectiveness, identifying risks or process gaps, and recommending improvements.
• Experience developing program metrics, management reporting, and insights to support decision-making.
• Strong written and verbal communication skills.
• Ability to exercise independent judgment and influence stakeholders across the organization.

Responsibilities

• Lead and administer regulatory intelligence and change management processes, including monitoring regulatory developments, coordinating impact assessments, tracking implementation activities, and developing related metrics and reporting for applicable state and federal laws and regulations.
• Maintain and enhance regulatory inventory and obligations management processes, including governance, documentation standards, data quality, and links to relevant risks, controls, policies, procedures, and training.
• Coordinate regulatory implementation tracking to support timely assessment, assignment, documentation, implementation, and evidence-based closure of applicable regulatory changes.
• Manage and advance enterprise Compliance training processes, including governance, requirements, scheduling, tracking, reporting, and improvements to training effectiveness.
• Support Compliance Management System maturity and continuous improvement through program assessments, enhancement roadmaps, metrics, reporting, and opportunities to standardize, simplify, and automate processes.
• Partner with Legal, Compliance subject matter experts, business and control partners, and data and technology teams to support effective, sustainable Compliance programs and solutions.
• Manage projects and enhancements for assigned Compliance programs and provide analysis and insights to Compliance leadership and governance forums.
• Coach, review, and delegate work to lower-level professionals.

Benefits

• Eligible participation in an applicable incentive compensation plan or a discretionary profit-sharing bonus program.
• Comprehensive benefits package; details are available on the company's careers website.

What This Job Offers

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