VP, Deposit Compliance Officer

Poppy Bank•Santa Rosa, CA

just now•$110,000 - $140,000•Onsite

About The Position

This position is responsible for the oversight of the Branch Banking Regulatory Compliance program under the direction of the Head of Compliance. This role advises Senior Management and bank personnel of emerging compliance issues, new and updated regulations, and consults and guides the bank in the establishment of controls to mitigate regulatory compliance risks. This position performs various quality control reviews/monitoring using the Bank’s second-line compliance monitoring program to ensure the bank's compliance efforts are maintained. This position participates in various committees, audits and examinations. This position requires that the individual work in office, independently, and with minimal supervision. Ensures compliance within all Bank policies and procedures, as well as all applicable state and federal banking regulations.

Requirements

A minimum of 5-8 years of experience related to deposit, consumer, digital banking and payment laws, rules, and regulations
Proven ability to effectively train and instruct others in deposit compliance
Ability to multi-task in a fast-paced environment
Ability to read and understand technical and legal language
Self-motivated with strong organizational skills
Strong critical thinking and problem-solving skills
Excellent oral and written communication
Detail-oriented with strong research skills
Confidentiality and sound business judgment
Proficiency using MS Office Suite and banking operations software, including GRC software
Ability to multi-task in a fast-paced environment

Nice To Haves

CRCM certification preferred

Responsibilities

Acts as the Bank’s subject matter expert as it relates to the consumer protection, branch banking, digital banking and payments laws, rules, and regulations
Conducts research on established consumer protection, branch banking, digital banking and payments laws, rules, and regulations to ensure non-violation of federal laws and to stay abreast of public interest and consumer protections laws
Coordinates the identification, implementation and adjustment of new regulations passed by state or federal government bodies as part of the established regulatory change management process
Develops and/or evaluates, and maintains Deposit and Branch Banking compliance policies and procedures to ensure they are aligned with regulations
Develops, maintains, and submits reports to the Senior Management and/or the Board of Directors detailing deposit and general banking compliance issues
Reviews marketing collateral and disclosures to ensure compliance with applicable regulations
Coordinates the investigation in response to customer complaints, or complaints of policy or procedural violation as part of the Bank’s Complaint Management Program
Liaise with Branch Banking and Central Operations Senior Management to ensure proper implementation of established compliance policies
Trains bank staff and Directors with regard to applicable regulatory requirements
Performs routine monitoring to ensure adherence and compliance with regulations, laws, policies and procedures. Communicates the results of monitoring to Senior Management and, if necessary, the Board of Directors. Follow-up to ensure issues are addressed and/or escalated as needed
Coordinates and assists in the administration of independent, state, and federal regulator and auditor examinations and reviews
Ensures compliance with all applicable reporting and recordkeeping requirements
Assists in various other compliance related areas at the direction of the Bank’s Head of Compliance
Minimum of 10 hours CRA volunteer hours per year. Volunteer hours are typically scheduled within business hours. This is compensable time and mileage is reimbursed.
Other duties as assigned