AVP Enterprise Compliance Risk Assessments

Overview

Completes Compliance Risk Assessments on third-party program managers and lines of business, including an evaluation of regulatory and operational control frameworks and identification of areas of improvements, in collaboration with the Director Enterprise Compliance.

Responsibilities

Essential Functions

Conducts Compliance Risk Assessments on third-party program managers and lines of business, including an assessment of applicable regulatory and operational requirements, evaluation of controls, and identification of areas of improvement, in accordance with the approved annual schedule.

Writes Risk Assessment reports summarizing the completed assessment, including scope, conclusions, and identified areas of improvement.

Presents Risk Assessment conclusions to internal and external parties with focus on identified areas of improvement, as necessary.

Assists with the creation of the annual Compliance Risk Assessment schedule.

Builds and maintains close working partnerships with internal and external stakeholders involved with the completion and issuance of Risk Assessments.

Participates in Compliance related meetings with management and others, as necessary.

Stays abreast of relevant consumer protection laws, regulations, and supervisory guidance applicable to the assigned business lines, including, but not limited to, consumer deposit and credit regulatory requirements (e.g., Regulation B, E, P, V, Z, CC, DD, UDAAP, E-SIGN, 1099 IRS rules, Military Lending Act, and Servicemembers Civil Relief Act).

Assists with the management of Compliance related audits and examinations, including gathering relevant documentation, meeting with auditors/examiners to respond to questions, preparing management responses, and implementing actions recommended by auditors and examiners.

Performs other duties as assigned.

Qualifications

Education/Experience Requirements

• Undergraduate degree in business or a related field or an equivalent combination of training and experience.
• 5 years of consumer compliance experience in the banking or financial services industry.

Preferred Qualifications

• CRCM, CCBCO, or other compliance certification preferred.
• Comprehensive knowledge of consumer protection laws affecting lending, deposit, and payments-related products.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to simultaneously prioritize and manage multiple projects and deadlines.
• Detail oriented with strong organizational skills.
• A team player, able to work effectively in a team fostered, multi-tasking environment.
• Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook. Experience in relational databases (Quick Base and Archer) is preferred.
• No travel required.

Background & EEO Statement

This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual experience, qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more, you are welcome to discuss with us as you move through the selection process.

 

This job will be open and accepting applications for a minimum of five days from the date it was posted.

 

Working at The Bancorp Bank, N.A. and Benefits Information: click here

Diversity & Background Screening

Company Culture at The Bancorp Bank: click here

 

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

 

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.