What are the responsibilities and job description for the Compliance Manager position at Coastal Community Bank?
Description
ABOUT US
Here at Coastal Community Bank we take pride in our roots which is why Community is more than just our middle name it’s how we do business. We have a strong entrepreneurial strategic mind set and we aren’t like other banks, in fact we’re quite different and our core values speak for themselves: Stay Flexible, Take Care of Each Other, Embrace Gray Thinking, Be Relentless, Be the Best, and Be Un-Bankey.
The Compliance Manager is responsible for managing and assisting the Compliance Analysts with identifying and monitoring compliance risks of the CCBX Division and those that will impact the Bank, by performing initial due diligence, risk assessment and ongoing monitoring of compliance with all laws and regulations applicable to its operations, product offerings and marketing efforts.
ESSENTIAL DUTIES & RESPONSIBILITIES
- Manage, train and assist CCBX Compliance Analysts
- Research, analyze and draw conclusions related to all federal and state rules and regulations and their applicability to the CCBX Partner, products, services and systems
- Conducts compliance monitoring of the SP to determine whether compliance is adequate and effectively managed in accordance with bank policies and procedures as well as regulatory requirements
- Participates in initial due diligence review and validation of the CCBX compliance management program and monitors the ongoing effectiveness of the CCBX compliance risk management.
- Recommends corrective action and suggests improvement
- Perform additional duties as assigned
- Follow and comply with all regulatory and compliance regulations
- Provide internal service in accordance with Coastal Core Values
Requirements
QUALIFICATIONS
- General understanding of regulatory compliance and FFIEC requirements is desired
- General understanding of the digital payment processing environment.
- Proven effective verbal and written communication skills
- Excellent analytical skills
- Required to handle multiple tasks/projects and deadlines simultaneously
- PC experience navigating in a Windows environment and using multiple applications
- Must have excellent attention to detail to ensure timely and effective communication
- Prior experience with personal computers and Windows based software and excel spreadsheets
EDUCATION & EXPERIENCE
- Bachelor’s Degree or equivalent with 3-5 years compliance and/or FinTech experience preferred
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee must:
- have the ability to sit for extended periods of time
- have the ability to stand for extended periods of time
- have the ability to perform repetitive finger, hand and arm movement
- have ability to use electronic office equipment such as, computer keyboard and mouse, ten key, telephone, etc
- Occasionally stoop, kneel, crouch, or crawl.
- Occasionally lift and/or move up to 10 pounds
- have the ability to view and read computer screen for extended periods of time
