VP Enterprise Compliance (Hybrid)

Bancorp Bank, The • Wilmington, DE

107d

About The Position

This position is available as a hybrid position in our Wilmington, DE or Sioux Falls, SD office. Manages and administers the bank’s compliance risk management program in collaboration with the Compliance Officer.

Requirements

• Undergraduate degree in business or a related field or an equivalent combination of training and experience.
• 10 years of compliance experience in the banking or financial services industry.

Nice To Haves

• CRCM certification preferred.
• Extensive knowledge of federal consumer protection laws and regulations.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to simultaneously prioritize and manage multiple projects and deadlines.
• Comprehensive working knowledge of consumer and commercial banking laws and regulations.
• A team player, able to work effectively in a team fostered, multi-tasking environment.
• Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
• Experience in relational databases (Quick Base and Archer) is preferred.

Responsibilities

• Keeps abreast of relevant consumer protection laws, regulations, and supervisory guidance applicable to the assigned business line.
• Informs management, clients and interested parties of new and modified compliance requirements.
• Trains internal and external clients on compliance requirements through various methods including one-on-one or staff meetings, memos, educational presentations, and providing guidance on specific situations.
• Reviews and updates policies, procedures and disclosures as needed for adherence with applicable laws and regulations.
• Assists in the development of compliance-related policies and procedures.
• Assists in creating and maintaining company standards related to higher risk products, services, and practices.
• Performs compliance reviews and risk assessments on new programs and initiatives.
• Performs ongoing evaluation of third parties requiring enhanced oversight.
• Participates in onsite due diligence reviews of key third party service providers.
• Reviews elevated marketing materials for adherence to regulatory requirements and bank standards.
• Oversees monitoring and testing to ensure that activities are completed in accordance with approved schedules.
• Builds and maintains close working partnerships with internal stakeholders and external clients.
• Prepares and presents compliance reports and executive summaries of compliance activities.
• Acts as a subject matter expert, advising the team, other departments and clients on compliance issues.
• Assists in the management of compliance-related audits and examinations.
• Performs other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees