Senior Compliance Advisor

Old National Bank•Chicago, IL

13h

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

Minimum of 10 years of relevant regulatory compliance experience in the Banking or related industry, with progressive responsibility.
Strong technical understanding of applicable banking laws, federal and state regulations, and regulatory guidance as they apply to banking products, services, policies and procedures.
A solid understanding of compliance risk management principles and regulatory expectations.
Demonstrates conceptual thinking and analytical skills.
Advanced problem-solving skills with the ability to define problems, analyze the variables and propose solutions.
Strong verbal, written and presentation communication skills.
Ability to create and present written reports.
Strong work ethic, attention to detail, strong time management skills, works well under deadlines, ability to multi-task.
Ability to build and maintain strong working relationships with business partners, teammates, and stakeholders.
Required competency with Microsoft Office Suite products and general end-user computing applications.

Nice To Haves

Bachelor's degree
Certified Regulatory Compliance Manager (CRCM)

Responsibilities

Serve as the primary Compliance Department point of contact for assigned lines of business and/or regulatory topics.
Pro-actively advise on all applicable federal and state regulatory compliance matters.
Ensure the Corporate Compliance Program is appropriately implemented.
Promote a strong compliance culture.
Oversee the effectiveness of the Line of Business Compliance Program.
Work with the line of business to complete and maintain current compliance risk assessments.
Ensure appropriate business policies and procedures for applicable regulatory requirements.
Conduct ongoing monitoring related to key compliance risks.
Assess regulatory compliance training needs for the assigned businesses, reviewing course content, and ensuring appropriate role assignments.
Investigate root causes of compliance findings (issues) and compliance-related complaints to identify trends and ensure appropriate corrective action is taken.
Ensure business process or system changes address regulatory requirements.
Report and escalate concerns to Compliance and line of business management.
Proactively work with business personnel and stakeholders to mitigate compliance risk.
Serve as the regulatory compliance subject-matter-expert to the line of business for researching and advising on general compliance questions.
Support the development of strategic projects and initiatives.
Assess the impact of, and help define action plans for, implementing regulatory changes, new supervisory guidance, and industry enforcement action trends.
Review proposed changes to compliance related policies and procedures.
Assist the line of business in determining actions to address compliance findings.
Maintain current knowledge of applicable laws, regulations, and industry trends.
Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken.
Assist, as needed, in preparations for compliance regulatory exams and internal audits related to assigned areas.
Provide ongoing reports to the Compliance Advisory Services Manager, the assigned line of business management team and any governance committees on relevant compliance risk topics.