Job TitleVP, Consumer Compliance & CRA OfficerBanesco USA is seeking a
VP, Consumer Compliance & CRA Officer for our BSA & Compliance Department.
Primary Job Duties:- Responsible for the Consumer Compliance program of the Bank ensuring compliance with the regulations.
- Responsible for developing and updating compliance policies and procedures and revise as necessary.
- Follow up on audit findings and ensure corrective action.
- Reporting compliance activities and audit/review findings to the Consumer Compliance Committee.
- Maintain open communication to interact with all departments.
- Conduct on-going compliance monitoring and reviews.
- Monitor consumer complaints and report to the Consumer Compliance Committee.
- Attend seminars to receive ongoing training and be informed of regulatory changes related to Consumer Compliance Regulations and Community Reinvestment Act (CRA).
- Attend the annual three (3) day FBA Association Consumer Compliance Conference, and South Florida Compliance Association seminars to keep up to date on current regulatory updates.
- Register and attend FDIC Workshops when scheduled.
- Responsible for gathering and reporting the CRA activities and credits associated with different loan, investment and service activities to the Compliance Committee on a periodic basis.
- Advises Executive Management of emerging CRA and HMDA issues to ensure the Bank meets the needs of the community and attains CRA compliance goals.
- Work with the Bank's approved CRA external professional, to ensure proper updates to the procedures and regulations are being implemented and followed correctly.
- Responsible for any regulatory exam and/or audit associated with the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA).
- Responsible for maintaining and updating the CRA public report.
- Coordinates with the Branches to ensure proper regulatory CRA and HMDA notices are posted and sent to customers.
- Reviews and approves all advertisements and notices for customers coordinating with marketing and other departments.
- Establish, participate, and maintain relationships with community based, charitable, and non-profit organizations.
- Develops, administer and change and Bank forms to ensure the proper use of notices and that they are updated to comply with changes.
- Responsible for the development of Compliance training materials for Banesco USA's personnel and Management.
- Responsible for development of consumer compliance training for employees, should be specific, comprehensive training that directly affect their job responsibilities.
- Responsible for the training of the Board of Directors on consumer compliance trainings.
- Responsible to develop, review and/or provide responses to auditors and regulators both verbal and/or written as needed.
- Performs other tasks as required.
- Responsible for completing annual training program assigned other than Consumer Compliance,
- Performs other functions and/or duties as assigned.
Job Requirements:- Education: Bachelor's degree in Business Administration or equivalent work experience.
- Experience: Seven (7) years of experience in the Consumer Compliance in a financial institution.
- Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
- Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
- Strong verbal and written communication skills, ability to communicate at all levels of the organization.
- Strong attention to detail and accuracy.
- Ability to multi-task, with strong organization, time-management and prioritizing skills.
- Strong customer service skills, ensuring satisfaction of internal and external customers.
- Problem solving and analytical skills in order to identify problems.
- Advance knowledge of related State and Federal banking compliance regulations and operational policies.
- Knowledge of related state and federal banking BSA/ AML regulations.
- Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank's policies and procedures.
- Ability to present to Executive Management and Board Members as well as train employees as necessary of updates in regulations.
Benefits & Perks- Competitive base salary.
- Paid time off.
- Hybrid schedule.
- 401k with employer match.
- Tuition reimbursement.
- Paid parental leave.
- Medical, Dental, Vision.
- Life Insurance.
- Supplemental Insurances.
- Short-Term & Long-Term Disability Benefits.
- Free parking.
- On-site Cafeteria.
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