Sr. Compliance Officer - CTA

Mechanics Bank•Roseville, CA

10d•Onsite

About The Position

Mechanics Bank is seeking a Sr. Compliance Officer – CTA to support the Bank’s Compliance Program for regulations, acts, and laws under the Corporate Compliance Program. The role takes a proactive approach to identifying system, procedural, and training weaknesses to help prevent regulatory criticism, penalties, and related risks. It conducts audits and assessments through policy, procedure, and transaction testing; prepares reports for senior and executive management; and works with stakeholders to address issues and deficiencies. The officer also provides compliance guidance and training and serves as a contact for internal groups, risk management teams, internal audit, regulatory agencies, and outside auditors. The position is on-site and requires 10–20% travel. It develops and performs compliance reviews of the Bank’s consumer compliance and applicable Wealth Management requirements, evaluates adherence to internal policies, identifies deficiencies, tracks remediation, validates results, and presents findings to senior and executive management. The officer collaborates across the organization, maintains knowledge of the compliance framework and business operations, monitors regulatory developments, and develops risk-based annual and ongoing testing strategies. The stated pay range is $85,000–$115,000 annually, with an AIP bonus of up to 10%. The final compensation package depends on experience, education, skills, internal equity, and geographic market data. Mechanics Bank offers a broad benefits program to eligible employees working at least 25 hours per week.

Requirements

Bachelor’s degree in Banking, Compliance, or a related field; relevant banking, compliance, or audit experience may be considered in lieu of education, and additional experience may be considered in lieu of a degree.
At least 5 years of compliance or audit experience.
Excellent knowledge of trust, investment, BSA/AML/OFAC, and consumer compliance regulations.
Ability and willingness to independently solve complicated compliance issues.
Proven ability to identify and improve process and procedural efficiency.
Strong verbal and written communication skills.
Strong analytical and decision-making skills, attention to detail, and sound judgment.
Effective time-management and organizational skills.
Ability to maintain confidentiality when handling and accessing sensitive information and to protect the integrity of confidential information.

Nice To Haves

Certified Anti-Money Laundering Specialist (CAMS) certification strongly preferred.
Certified Fiduciary and Investment Risk Specialist (CFIRS) certification strongly preferred.
Certified Internal Auditor (CIA) certification strongly preferred.
Certified Regulatory Compliance Manager (CRCM) certification strongly preferred.

Responsibilities

Develop, plan, and perform compliance reviews evaluating the adequacy, comprehensiveness, and effectiveness of the Bank’s compliance with consumer compliance requirements and regulations affecting Wealth Management.
Evaluate Compliance and Wealth Management adherence to applicable internal policy requirements.
Identify process and procedural deficiencies and recommend solutions to complex issues.
Track remediation action plans through final resolution and ensure deficiencies are addressed adequately and promptly.
Write reports or presentations clearly articulating review results and conclusions, and present results to senior and executive management.
Validate remediation efforts and results and provide guidance for refinement when needed.
Collaborate across groups and with risk management teams, including internal audit.
Work with senior management, Legal, and other constituencies to promote a culture of compliance.
Maintain an understanding of the compliance division’s framework, business operations, regulatory guidance, and expectations.
Anticipate internal and external changes and revise the testing program accordingly.
Provide compliance guidance relating to compliance and business-line projects.
Develop annual and ongoing testing plans and strategies based on risk evaluations and complete annual test-plan risk assessments.
Develop effective working relationships with team members and distinguish oneself as a leader.
Conduct audits and assessments using policy, procedure, and transactional testing.
Provide guidance and training to employees on compliance matters and serve as a point of contact for internal groups, risk management teams, internal audit, regulatory agencies, and outside auditors.

Benefits

Medical, prescription, dental, and vision coverage for employees and eligible family members.
Employer-paid Employee Assistance Program, life insurance, AD&D, and disability benefits.
Health Savings Account with employer contribution.
Healthcare and Dependent Care Flexible Spending Accounts and commuter/parking benefit.
401(k) and Roth 401(k) with company contribution.
529 Education Savings Plan, tuition reimbursement program, and student loan assistance program.
Supplemental health plans and voluntary legal and identity theft services.
11 paid holidays, paid sick days, up to 25 paid vacation days, and 16 hours of paid volunteer time per calendar year.
Free personal checking and savings account.
Discounted rates on primary residence loans with $0 origination fees, subject to restrictions.
Annual incentive bonus up to 10%.