What are the responsibilities and job description for the Chief Compliance Officer position at Ultimate?
Job Description
Ultimate Staffing is partnering with a Financial Institution in Downtown Baltimore to hire a Chief Compliance Officer. The COO will be responsible for developing, implementing, and administering all aspects of compliance. We are looking for a proven leader with a growth mindset.
Primary duties include, but are not limited to:
- Owns maintenance of the governing policies and related framework for compliance and chairs the Compliance Committee. · Interfaces with the Bank's business units to ensure the establishment and oversight of an effective compliance monitoring program.
- Researches and analyzes federal and state rules, regulations, and interpretive guidance, and draws well-reasoned conclusions related to their applicability to Bank products and services, as well as operational procedures.
- Monitors changes to applicable federal and state regulations, laws and policies and advises senior management and Bank employees in advance of emerging regulatory and compliance issues.
- Ensures that changes in laws and regulations that may affect policies and procedures are incorporated on a timely basis.
- Participates in new product and service development and oversees the review of marketing, sales and product materials and communications to ensure regulatory compliance.
- Coordinates all compliance examinations and external audits; serves as a point of contact for examiners in all regulatory compliance related matters.
- Provides training and education to Bank directors and employees regarding their responsibilities with respect to the compliance program.
- Performs annual risk assessments to include but not be limited to compliance management, fair lending, red-flags identity theft and UDAAP
Requirements:
- Bachelor's Degree
- 10 years of regulatory compliance experience
- Prior management experience
- Experience overseeing federal and/or state examinations and third-party regulatory audits
- Preferred: Certified Regulatory Compliance Manager (CRCM)
We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
To apply please email your resume to bdunkle@ultimatestaffing.com
Salary : $150,000 - $200,000
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