Regulatory Compliance Manager
About The Position
The Regulatory Compliance Manager supports the administration and execution of the Bank’s compliance program to ensure adherence to applicable federal and state banking laws and regulations. The Bank is a $440 million FDIC-regulated financial institution with seven Oregon branches and two additional branches in Washington pending. It offers deposit, consumer, mortgage, and commercial lending products and is subject to Community Reinvestment Act (CRA) requirements as an Intermediate Small Bank (ISB). Working closely with the Compliance Officer, who leads the Compliance function and also contributes actively, this role is essential to the day-to-day execution of the Compliance Management System (CMS). The position focuses on monitoring, testing, regulatory change management, training, and advisory support.
Requirements
- Three or more years of progressive regulatory compliance experience within a financial institution.
- Strong understanding of Compliance Management Systems (CMS).
- Knowledge of consumer protection regulations and CRA requirements.
- Ability to interpret and apply regulatory requirements in a practical business environment.
- Experience designing and executing compliance monitoring and testing.
- Strong analytical, organizational, communication, and problem-solving skills.
- Ability to work independently while collaborating with management and business units.
Nice To Haves
- Certified Regulatory Compliance Manager (CRCM) designation.
- Community bank experience.
- Experience supporting consumer lending, mortgage lending, deposit compliance, and regulatory examinations and audits.
Responsibilities
- Assist in maintaining and enhancing the Bank’s Compliance Management System (CMS) in accordance with regulatory expectations.
- Interpret and apply federal and state banking regulations affecting deposit, consumer, mortgage, and commercial lending activities.
- Provide compliance guidance to management and staff on regulatory requirements and operational impacts.
- Support ongoing compliance with CRA requirements applicable to Intermediate Small Banks.
- Monitor and maintain CRA-related data, documentation, and reporting.
- Assist with preparation for CRA examinations and public file management.
- Collaborate with business units to identify, track, and document CRA-qualified activities.
- Develop and execute risk-based compliance monitoring and testing across deposit, lending, and operational areas.
- Document findings, identify root causes, and recommend corrective actions.
- Track and validate remediation efforts.
- Report findings, trends, and emerging risks to the Compliance Officer and Audit Committee.
- Monitor federal and state regulatory changes and evaluate their applicability and operational impact.
- Support implementation of regulatory changes through updates to procedures, disclosures, systems, and training.
- Assist in maintaining policies and procedures.
- Deliver compliance training and awareness programs.
- Provide ongoing compliance support for products, services, marketing, and operational initiatives.
- Promote a strong compliance culture.
- Organize external audit engagements for the Bank.
- Support regulatory examinations and internal and external audits.
- Compile requested documentation, manage examination and audit requests, and assist with corrective action plans.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
