VP Bank Compliance - To 125K - Dallas, TX - Job 3865-7272

The Symicor Group•Dallas, TX

23h•$125,000•Onsite

About The Position

The VP Bank Compliance is responsible for ensuring that the bank operates in compliance with applicable laws, regulations, and internal policies. The role develops, implements, and maintains compliance programs, conducts risk assessments, and provides guidance to business units. The position is in the Dallas, Texas area and is not remote. The role manages bank compliance activities, including the BSA/AML and OFAC programs, regulatory monitoring, compliance testing, audits, regulatory examinations, reporting, consumer complaints, and compliance training. It also manages and supervises compliance and BSA personnel, and audit and risk management personnel if applicable. The position offers a salary of up to $125,000, incentives, benefits, and relocation support.

Requirements

Bachelor’s degree required.
Seven to ten years of banking experience, including three to five years of compliance experience.
Experience with industry-related systems and software required.
Experience with Verafin/Nasdaq software required.
Experience with high-risk money services business (MSB) accounts required.
Strong knowledge of BSA/AML regulations, OFAC, bank-related compliance regulations, audit, and risk management.

Nice To Haves

CRCM certification.
CAMS certification.

Responsibilities

Develop and implement a risk-focused compliance program covering compliance throughout the bank.
Assist in developing and reviewing bank policies and procedures to ensure compliance with applicable laws and regulations.
Monitor banking regulations, interpret new and revised requirements, analyze their effects on bank operations, and create or revise policies and procedures to ensure adherence.
Manage the BSA/AML and OFAC program, including monitoring application systems and investigation files, conducting the BSA/AML Risk Assessment with the Assistant BSA Officer, identifying the bank’s risk profile, and mitigating control gaps.
Assign and monitor annual BSA and other compliance training for the Board and employees.
Develop and execute audit plans and risk-based audits; conduct periodic compliance assessments and test compliance procedures throughout the bank.
Coordinate with regulatory examiners and independent auditors during audits and examinations, and recommend and assist with corrective action.
Communicate and track audit findings and remediation efforts with stakeholders, including the Audit Committee.
Prepare and present periodic reports to the Board on the bank’s compliance record based on test work.
Monitor the effectiveness of the Identity Theft Program and provide updates to the Board of Directors.
Review and maintain disclosures, product and service materials, and advertising for compliance with federal and state regulations.
Investigate, help resolve, and report consumer complaints, tracking them for trends.
Maintain compliance resources and provide research and assistance to bank personnel.
Manage and supervise compliance and BSA personnel, and audit and risk management personnel if applicable.
Comply with federal, state, and company policies, procedures, laws, and regulations, and adhere to security responsibilities in the bank’s Information Security Program and Written Security Program.
Perform other duties as assigned by a supervisor or management.