Compliance Director (Banking) manages operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations. Implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Director (Banking) monitors activity and ensures adherence to Know Your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Compliance Director (Banking) maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Understands banking regulations such as the US Bank Secrecy Act (BSA) or other governmental anti-money laundering laws. Typically requires a bachelor's degree. Typically reports to a director. The Compliance Director (Banking) typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compliance Director (Banking) typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Description
Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Fair Banking Compliance Officer in Dallas, Texas.
MUST HAVE- 3-5 years of analytical experience in fair lending ideally with a few years of underwriting or origination experience.
MUST HAVE- Prior experience with working at a large bank or similar organization, preferably in a Compliance. Legal or similar function.
MUST HAVE- Bachelor Degree or equivalent experience
Summary
The Fair Banking Compliance Officer will be responsible for managing the Fair Banking Program to ensure the organization is operating in compliance with fair lending, anti-predatory and unfair, deceptive and abusive laws and regulations.
Primary Responsibilities
Education / Experience
Pay is dependent on knowledge, skills, abilities, experience and location
Working Conditions
Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.
Sunflower Bank Benefits Employees enjoy outstanding benefits, including:
People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives and we know that starts with our team. You’ve never worked anyplace like Sunflower Bank!
EOE/AA: Minorities/Females/Disabled/Vets
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0 Compliance Director (Banking) jobs found in Richardson, TX area