Sr. Compliance Manager

Broadway Bank•San Antonio, TX

66d

About The Position

The Compliance Manager is responsible for the development and execution of internal strategies, policies, procedures, processes, and programs to ensure adherence to laws, rules, and regulations. This role involves leading a team to implement a compliance program that meets the business and customers' needs while maintaining alignment with the bank's risk framework.

Requirements

At least 10 years of bank regulatory compliance or examination experience.
At least 5 years of management experience preferred.
Certified Regulatory Compliance Manager (CRCM) designation required, or ability to obtain certification within the first year of employment.
Proficiency in Microsoft Office Suite, PowerPoint, and internet applications.
Bachelor's degree in business, finance, accounting, or a related field.
Excellent working knowledge of bank-related laws and regulations.
Ability to research and analyze modified or proposed regulations.
Demonstrated ability to work effectively with all levels of bank staff.
Experience in developing, managing, and administering compliance programs.
Excellent written and verbal communication skills.
Ability to work independently and collaboratively with peers, management, and external contacts.
Strong problem-solving skills, using judgment consistent with standards, practices, policies, procedures, regulations, or federal and state laws.
Ability to maintain organized and detailed documentation.
Strong leadership and team management capabilities.
Proactive approach to identifying compliance risks and implementing necessary changes.

Nice To Haves

Advanced degree is a plus.

Responsibilities

Manage and administer policies, programs, procedures, and bank initiatives to ensure compliance with laws and regulations.
Establish and continuously improve an operating framework for identifying, managing, monitoring, and reporting compliance risks and issues.
Supervises a team of compliance officers and analysts in administering the Bank's Compliance program within Enterprise Risk Management (ERM), including personnel management and budget adherence.
Maintain proficient knowledge of applicable laws, regulations, and guidelines.
Facilitate implementation of changes required by new or amended laws and regulations, ensuring officers and employees are informed and trained.
Research and respond to compliance inquiries from bank officers and employees.
Guide departments on compliance requirements for new bank products and services.
Develop and maintain a compliance resource center, including online references, regulations, and interpretations.
Support and maintain an effective compliance training program for all bank personnel.
Develop and facilitate the implementation of a compliance communication strategy across the bank.
Perform risk assessments and participate in internal compliance reviews and self-monitoring, reporting results to bank management, the ERM Compliance Committee, and the BBI Audit & Compliance Review Committee.
Review and approve all bank marketing materials, assisting in compiling compliance disclosures for new products, new account disclosures, and advertising disclosures.
Compiles and maintains all necessary documentation to evidence the bank's compliance with Regulation O's reporting and disclosure requirements (including Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks).
Works closely with other department compliance specialists, specifically but not limited to the Wealth Management Operations and Human Resources departments and RIA, to prepare, review and update as needed the policies and procedures addressing compliance regulations to ensure compliance with all applicable laws, regulations and guidelines.
Maintain awareness of consumer inquiries and complaints regarding the bank.
Monitor the bank's lending practices ensuring fair, equitable, and non-discriminatory treatment of all borrowers.
Support employees, regulatory personnel, and independent auditors during regulatory compliance examinations and audits.
Maintain membership with banking and compliance associations to build networking relationships and share compliance best practices.
This position may require travel within the Bank's geographic area.