AVP Monitoring and Oversight Team Lead

Overview

Provides daily oversight to the Monitoring and Oversight team to ensure products and processes for assigned business lines are in compliance with laws and regulations.

Responsibilities

Essential Functions

Assists Management in overseeing the testing functions in accordance with the bank’s approved compliance management system (CMS).

Contributes to the creation and maintenance of performance and quality standards for staff members which will foster individual growth and advancements. 

Assists with drafting Monitoring and Oversight policies and procedures. Reviews workflows, documents, and internal processes to identify areas of improvements and automation within the testing process.

Facilitates training and coaching as needed to ensure staff is trained to perform the regulatory reviews assigned.

Plans, organizes, and prioritizes managements departmental goals and workload.

Develops close working relationships with internal and external business partners.

Acts as the subject matter expert in rules, regulations, and supervisory guidance as it relates to the Fintech Solutions Group.

Responds to elevated questions from the team providing direction and guidance on issues.

Keeps abreast of regulatory changes and industry trends. Determines impact, if any, on company operations, processes, and procedures, and recommend changes.

Assists the Manager with delegating work to departmental staff.

Performs other duties as assigned.

Leadership Responsibilities

• Assists people manager in overseeing team in day-to-day operations.
• Creates an inspiring team environment with an open communication culture.
• Delegates tasks and sets deadlines to achieve goals.
• Identifies training needs and provides coaching.
• Inspires confidence and motivates others to perform at their best.

Qualifications

Education/Experience Requirements

• Undergraduate degree in a related field or an equivalent combination of training and experience.
• A minimum of 5 years of bank regulatory compliance experience or combination of training and experience.
• Management or prior leadership experience.

Preferred Requirements

• Operational knowledge of consumer banking laws and regulations.
• Excellent verbal, written, and interpersonal communication skills.
• Demonstrated ability to manage multiple projects and deadlines simultaneously.
• Detail oriented with strong organizational skills.
• Project Management skills.

Background & EEO Statement

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

Diversity & Inclusion 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.

 

 

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