Manage the Corporate Compliance Monitoring and Testing Program and assigned staff.
Work collaboratively with the CMS Operations Director to set monitoring and testing schedules to ensure schedule adequately addresses compliance risks as identified by internal compliance risk assessments.
Ensure assigned regulatory compliance monitoring and testing assignments are completed in accordance with established department standards and within allotted timeframes.
Compose recommendations to communicate control performance results and regulatory findings to management in an efficient, timely and concise manner.
Escalate performance deficiencies outside of the established compliance risk appetite.
Monitor management's progress toward addressing unresolved regulatory findings identified from monitoring and testing results.
Keep CMS Operations Director informed of the status, progress, and impediments regarding the Monitoring and Testing Program.
Review Monitoring and Testing staffs' reports and work papers to ensure completeness and consistency.
Train and mentor monitoring and testing staff with regard to Towne's Compliance Management System and related policies, procedures, and programs.
Research regulatory requirements relative to monitoring and testing assignments using compliance resources including published regulations/laws, approved third party resources, and Compliance colleagues.
Maintain an organized and accurate system of records designed to keep management informed of key performance indicators and deliverable dates.
Maintain a current knowledge of applicable consumer protection laws and regulations, business operations and internal Compliance policy and procedures.
Support the organization as subject matter expert in compliance monitoring and testing upholding the highest standard of compliance, integrity and professionalism both internally and externally.
Obey all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).
Minimum Required Skills and Competencies:
Requires excellent written and verbal communication skills, computer proficiency and eye for detail.
Ability to work with team members to effectively set goals, provide clear and consistent feedback, and emphasize personal growth and development.
Ability to work independently in a fast pace environment and demonstrate a track record of completing work in a timely and organized fashion.
Five years' experience in banking and/or other financial services industry experience involving compliance activities.
Desired Skills and Competencies: (Optional)
Bachelor's Degree or Compliance related certification
Experience with governance risk and compliance or auditing software, i.e. TeamMate, LogicManager