Job Description

Job Description

Job Description

Chief Compliance/Risk Officer

We have a tremendous opportunity for someone with broad compliance and risk management experience and an interest in becoming an executive leader of a growing community bank. Our client is an independent, locally owned, community bank located in Southwest Pennsylvania, and they are looking for a Chief Compliance/Risk Officer to ensure the Bank’s ongoing compliance with banking regulations.

Responsibilities:

Responsible for developing, implementing and administering all aspects of the Bank's

Compliance Management Program and ensuring the Bank’s ongoing compliance with regulatory laws, acts, etc.; managing and overseeing, through appropriate staff; serving as the Bank’s CRA Officer; overseeing the Enterprise Risk Management (ERM) Module; implementing strategies to achieve goals developed as part of the department’s annual operating plan; ensuring the department's compliance with operating policies and procedures and outside regulatory requirements; supervising assigned personnel; communicating with appropriate management and staff personnel; providing periodic reports.

1. Develops, implements, and administers all aspects of the Bank’s Compliance Management Program and ensures the Bank’s ongoing compliance with regulatory laws, acts, etc. by performing the following:

1. Plans, organizes, and controls the Bank’s day-to-day compliance activities; collaborates with Senior Management in the overall administration of these directives for the Bank
2. Advises the Board of Directors, Senior Management, and Bank personnel of emerging compliance issues and consults and guides the Bank in the establishment of controls to mitigate
3. Formulates compliance policies to address the spirit of compliance and nondiscrimination
4. Develops objective standards against which Bank practices and procedures can be evaluated and reviewed
5. Works with the Training Manager to schedule regular reviews and training sessions for Bank personnel on all current laws and regulations
6. Informs personnel about changes in laws and regulations and their implications for Bank policies and procedures
7. Makes available to Bank personnel complete, accurate, and timely information regarding legal/regulatory requirements of various federal, state, and other governmental agencies
8. Reviews forms, notes, documents, contracts, etc., to ensure that current and complying forms are in use on all existing, new, or revised products or services
9. Participates in new product development and provides input regarding compliance concerns relevant to proposed and current Bank products and services
10. Serves as liaison between Bank management and the outsourced firm doing the internal audits of the Bank
11. Participates in various committees, audits, and examinations
12. Addresses all consumer complaints and notices relating to compliance issues
13. Maintains knowledge of current federal, state and local regulations and laws affecting all Bank functions
14. Works with federal and state compliance examiners; takes/recommends action to correct deficiencies

1. Serves as the Bank CRA Officer and ensures compliance with the provisions of the Community Reinvestment Act.

1. Oversees the Enterprise Risk Management (ERM) Module; ensuring updating on an annual basis; manages the implementation of all aspects of the risk function, including implementation of processes, tools and systems to identify, asses, measure, manage, monitor and report risks.

1. Cooperates with, participates in, and supports the adherence to all internal policies and procedures, and practices in support of risk management and overall safety and soundness and the Bank’s compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.; ensures that the department and all personnel adhere to the same.

1. Communicates with the Chief Executive Officer, other department managers and appropriate staff personnel in order to integrate goals and activities.

1. Provides periodic reports to the Board of Directors (or appropriate committee), the Chief Executive Officer, and other groups as required, throughout the Bank

Here is what our client offers:

• A growing, financially sound mutual bank owned by customers instead of shareholders
• A senior executive role reporting directly to the Board of Directors and the President & CEO
• An opportunity to be “heard” where both your opinion and time are valued
• Wonderful team based environment. Very low political and/or bureaucratic environment
• Unparalleled service culture, perfect for those that want to escape the bureaucracy of a mega bank and feel the impact of their contributions

Here is what our client requests:

• 8+ years of compliance-related experience
• A bachelor’s degree in a business-related field, or equivalent combination of education and experience
• Specialized compliance training, such as CAMS, CERP, and/or CRCM is a plus
• Strong working knowledge of banking laws and regulations pertaining to lending and deposits. CRA experience is a plus
• Strong oral and written communication skills. Ability to present ideas in a clear, concise, understandable, and organized manner to bank employees, executives, and Board members
• Effective planning organization, time management, and problem-solving skills
• Ability to work effectively and maintain composure under pressure. Skilled at handling a variety of assignments simultaneously.
• Hands on experience dealing with regulators such as the SEC, State Department of Banking, Federal Reserve, FDIC and/or the OCC is required
• Ability to influence and build consensus among cross-functional areas of the bank to promote a spirit of teamwork and collaboration
• Currently work in or have ties to Southwest PA

If this sounds like the opportunity you’ve been looking for, please apply using the “Apply” link. If you have questions about this opportunity, feel free to call Kevin O’Connor @ (724) 837-6338.

Confidentiality:

We respect your privacy and will never submit a resume to a third party without your permission. You can be assured that the information you give us will never be forwarded to any company without your specific, direct permission in advance.

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