Assistant Vice President - Deposit Operations Compliance Officer

Overview

Invest In You! Tri City National Bank is your hometown bank. We believe in putting customers first, building relationships, and fostering a sense of community. We work in a team environment with opportunities for hard workers to grow personally and professionally. We enjoy celebrating success and great benefits along the way. Most importantly, we believe superior customer service paired with the right banking solutions help our customers and businesses fulfill their financial dreams, and our communities grow. Our ideal candidate believes in our mission, values continuous learning, and is comfortable adapting to change. If this resonates with you, apply today and come join our team. #investinyou

The Deposit Operations Compliance Officer interacts with employees, management, Board members, service agencies, attorneys, bank/subsidiary staff, and bank regulators to provide quality service, solve problems and achieve goals.  Works under the general supervision of the Chief Operations Officer and Chief Retail Banking Officer to continually maintain the Bank’s Compliance Management System. This position performs regulatory research, as requested, and provides interpretation and clarification of regulatory changes. Works in collaboration with the Vice President Compliance Officer and management to formulate and maintain compliance-related policies and procedures. Assists Corporate Training in developing the annual compliance training and monitoring plans. Schedules and conducts compliance training sessions; performs compliance-related data compilation and analysis, as assigned; develops and maintains compliance monitoring program(s); and assists with compliance monitoring.

Compensation: $70,000 - $85,000 per year depending on experience. 

Responsibilities

• Maintain proficient knowledge of relevant deposit laws/regulations, including, but not limited to, Truth in Savings Act (TISA); Electronic Funds Transfer Act (REG E); Expedited Funds Act (REG CC); Fair Credit Reporting Act (REG V); Privacy of Consumer Financial Information (REG P); Right to Financial Privacy (RFPA), State Banking deposit laws.
• Assist in facilitating implementation of new and amended deposit regulations.
• Assists in maintaining Compliance software utilized by the Bank providing guidance and recommendations on releases, updates, activation of additional functions, etc.
• Review and evaluate the department’s compliance with applicable rules and regulations in addition to internal policies and procedures through ongoing monitoring and testing to identify potential areas of compliance vulnerability, deficiencies and risk; prepares and presents Compliance Review results and written assessment reports that summarize the scope of the work performed and findings; provides recommendations for resolution, and provides guidance on how to avoid or deal with similar situations in the future.
• Report violations to Vice President Compliance Officer, Senior Management and other Department Heads, as applicable. Assist with remediation initiatives and follow-up. 
• Work with all divisions across the entire Bank and other business line staff with compliance-related job functions, as appropriate, to ensure compliance with all applicable deposit laws and regulations.
• Disseminate complete, accurate and timely information regarding regulatory requirements of various federal and state deposit laws and regulations to appropriate bank personnel.
• Formulate or assist management in the formulation of risk-based written compliance policies and procedures, develop/review/revise compliance related disclosures, forms and notices as needed.
• Provide input into the development and implementation of the Bank’s annual compliance training program.
• Prepare compliance training material, and conduct instructor led compliance training sessions via in-person training and routine department meetings. Recommend specific external training opportunities for business line staff with compliance-related duties, as needed.
• Review and approve deposit advertisements and promotional materials for compliance with applicable deposit laws and regulations
• Participate in new deposit product development review and analysis as assigned. Assist with drafting and editing of new disclosures to ensure compliance with regulatory requirements. Perform testing after implementation to validate new products are working as disclosed and designed.
• Works with the all banking departments on implementing new business initiatives and strategies.
• Assist with tracking and monitoring of complaints. Collaborate with business line management to bring complaints to resolution. Identify and escalate complaint trends.
• Assist with preparation of quarterly reports to the Audit Committee of the Board of Directors, as necessary
• Assist with preparation of material for regulatory examinations. Interact directly with examiners, as requested.
• Cooperate with other members of department team to achieve department goals. Demonstrate cooperative efforts in working with other departments and within own department, and encourage similar behavior from staff.
• Actively participates on committees as needed.
• Other compliance related duties as assigned.

Qualifications

• Bachelor’s degree in law, finance or business management preferred.
• 2 years’ compliance, audit or regulatory examiner experience or equivalent banking experience with an emphasis on regulatory compliance.
• 2 years’ experience managing personnel.
• Experience in developing and implementing compliance policies, programs, and procedures, including regulatory risk assessments.
• Experience in creating and delivering presentations to executive management.
• Certified Regulatory Compliance Manager (CRCM) or other compliance-related certifications highly desired.
• Proficient knowledge of banking compliance laws and regulations
• Excellent ability to interpret and communicate regulatory guidance.
• Excellent oral communication with the ability to effectively advise employees and senior management regarding complex laws and regulations and to influence peers and colleagues.
• Ability to effectively identify and communicate necessary system and process related requirements to mitigate regulatory risk and provide capability to perform regulatory testing and monitoring.
• Ability to effectively communicate with regulatory agency staff outside of the examination process.
• Demonstrate superior leadership, consulting, analysis, presentation and project management skills.
• Strong analytical, interpersonal and organizational skills a must.
• Must be self-motivated to work on projects, meet deadlines, write reports, policies, etc. independently.
• Proficient knowledge of Microsoft Office, including word and excel.

Equal Opportunity Employer/Veterans/Disabled

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Reasonable Accommodation

If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at 414-761-1610 or hr2@tcnb.com

(**Must be 21 to enroll in 401(k), and must work an average of 20 hours per week in order to be eligible for paid vacation.)