Overview
Compliance Officer Jobs in United States at Texas Bankers Association
Title: Compliance Officer
Company: Texas Bankers Association
Location: United States
Who is the Texas Bankers Association?
The Texas Bankers Association (TBA) is the largest and oldest state banking organization in the country. Founded in 1885, TBA has grown and evolved over the years in fulfilling its mission to provide world class advocacy, education and products and services to approximately 400 member banks across Texas. A not-for-profit, 501(c)(6) entity, TBA has also serves as the umbrella to three for-profit subsidiaries and a non-profit foundation – all totaling nearly 100 employees across the enterprise. We pride ourselves on our collaborative team culture in which we embrace diversity of thought and innovation.
This position will work under one of TBA’s subsidiary companies, Compliance Alliance (C/A). The goal of Compliance Alliance is to give community bankers reliable and trusted resources for consumer and regulatory requirements as well as best practices, while meeting strategic and operational objectives. Because C/A companies are solely focused on bank regulatory compliance at the community bank level, we can provide a focused, unfettered approach for our members. Developed with pragmatic innovation, our services add real value and industry expertise.
What our team Needs:
Review Alliance is seeking experienced Bank Compliance Officers interested in working with community banks as a Virtual Compliance Officer. Successful candidates will review transactions for compliance with banking regulations and is responsible for completing reviews in the areas of compliance and making recommendations for corrections and/or improvements of internal control system, policies, and regulatory procedure. This will require contact with bank personnel and the bank senior management group.
Key Components of the Position:
- Develop and implement compliance model required for a bank to operate within acceptable standards.
- Liaison with senior managers to ensure proper implementation of established compliance policies.
- Review internal bank policies to ensure they align with external banking regulations and the Boards risk appetite.
- Conduct research to identify new regulations passed by state or federal regulators.
- Monitor banks activities to ensure they are legal and in compliance with internal and external bank policies.
- Collaborate with other departments such as the risk management or internal audit to forward compliance issues for investigation.
- Initiate or recommend an investigative process in response to complaints of policy or procedural violation.
- Develop systems for the handling and resolution of policy violation.
- Conduct internal monitoring prior to an external audit to ensure bank policies and operations are up to standard.
- Monitor the operations and procedures of the different sections of a bank to ensure overall compliance.
- Carry out assessments to identify areas of potential compliance risks in order to implement preventive/corrective strategies to address compliance issues.
- Provide reports on a regular basis to senior management to keep them updated on progress of compliance operations.
- Organize compliance programs to educate bank staff on recent and already existing compliance requirements.
Essential Qualifications & Characteristics:
Applicants should have held a consumer compliance position in a FDIC insured financial institution and have experience supporting consumer financial product compliance and an understanding of regulations applicable to BSA, deposit and lending transactions.
- Bachelor’s degree or commensurate work experience is required.
- Minimum of 5-10 years of experience within consumer banking.
- Extensive knowledge of banking regulatory compliance management system elements, with product advisory and/or monitoring experience desirable.
- Extensive knowledge of federal and state deposit, lending and payments compliance laws and regulations.
- Must have strong customer service and communication skills, both verbal and written.
- Strong research, project management, organizational, analytical, and problem resolution skills.
- Certified Regulatory Compliance Manager designation required.
- Excellent oral, written, and interpersonal communications skills are required.
- Computer proficiency in Microsoft Windows applications required.
Bankers Alliance offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefit package that reflects our commitment to creating a diverse and supportive workplace. In addition to a competitive base salary, candidate is eligible for incentive pay as well as a full range of health benefits, vacation plan, and 401k plan.
If you want to be part of a dynamic team of professionals join Bankers Alliance. We invest in people and challenge you to advance your career while achieving your aspirations and goals. Here at Bankers Alliance, we pride ourselves on our collaborative team culture, where we embrace diversity of thought and innovation.
This position is 100% remote – candidates can reside and work in any state.
Some travel may be required.
For consideration, please email your resume to Sarah Maldonado – [email protected]
The Texas Bankers Association is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. The Texas Bankers Association makes hiring decisions based solely on qualifications, merit, and business needs at the time.
