Compliance Director (Banking) jobs in North Carolina
Compliance Director (Banking) manages operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Director (Banking) monitors activity and ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Compliance Director (Banking) maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a director. The Compliance Director (Banking) typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compliance Director (Banking) typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Recently Added Compliance Director (Banking) jobs
- Sumitomo Mitsui Banking Corporation
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Carolina, NC
FULL_TIME
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Join us on our mission to create a completely new, 100% digital bank that truly serves customers' best interests. We are a close-knit and fun-loving team of seasoned financial services professionals who came together for the challenge of building a bank from scratch - and we are committed to doing it all the right way (from technology infrastructure to modern marketing to customer experience).
The anticipated salary range for this role is between $137,000.00 and $178,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
We work with the flexibility and speed of a start-up. But we also have significant stability and capital from being part of the SMBC Group (Sumitomo Mitsui Banking Corporation). SMBC is the second largest bank in Japan and the 12th largest bank in the world with operations in over forty countries. And SMBC is committed to disrupting the US marketplace with ground-breaking products.
It is the best of both worlds, and we are seeking proven marketing leaders to propel us towards a national launch. We have both the ambitious growth plans and the 'patient capital' necessary to execute a multi-year plan. Join us on the journey to deliver an exciting concept of evolved banking.SUMMARY:
SMBC MANUBANK is a middle market commercial bank with an announced expansion into consumer banking, including deposit and lending products with the launch of our Jenius Bank division. As the Vice President, Credit Card Compliance Officer, you will play a critical role in the development of a new credit card product, ensuring that it complies with all applicable federal and state laws, regulations, and industry standards. Your expertise in regulatory compliance will help guide the product development process from inception to launch and beyond. You will work closely with multiple departments, including Product, Operations, Credit Risk, Risk Management, and Legal to create a compliant, safe, and competitive credit card product.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
- Manage a comprehensive compliance program tailored to our credit card product, ensuring adherence to applicable local, state, federal, and international laws and regulations.
- Collaborate with the product development team to provide compliance advice and guidance from the initial stage, helping to shape a product that is both innovative and compliant.
- Conduct and supervise regulatory risk assessments and audits, creating action plans to mitigate identified risks.
- Stay up-to-date with and coordinate action plans for changes in laws and regulations related to credit card products and services, interpreting them and advising the team accordingly.
- Establish and oversee training programs to ensure that all staff members are aware of and understand compliance requirements and responsibilities.
- Foster a culture of compliance throughout the organization, demonstrating the importance of ethical behavior and regulatory adherence.
- Act as a subject matter expert to the organization, for the regulatory risks and requirements relating to the credit card product
- Coordinate with the Legal department and other second line risk teams to address any potential issues related to the product, proactively mitigating risks.
- Handle any regulatory inquiries or examinations related to the credit card product.
POSITION SPECIFICATIONS:
- 5 years of experience in a compliance role within the financial services industry, with specific experience in credit card services.
- Extensive knowledge of credit card regulations and industry standards, such as the Truth in Lending Act, CARD Act, FCRA, and others.
- Proven experience in taking initiative and/or building and implementing compliance programs from the ground up.
- Excellent leadership and negotiation skills, capable of navigating through a complex matrixed environment.
- Exceptional communication skills, with the ability to translate complex regulatory language into actionable business requirements.
- Strong analytical and problem-solving skills, with a proactive approach to identifying and mitigating potential compliance risks.
- Juris Doctor (JD) degree, other relevant advanced degree, or professional certifications such as Certified Regulatory Compliance Manager (CRCM) or Certified Compliance & Ethics Professional (CCEP) are a plus.
EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
CCPA DISCLOSURE
Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that Manufacturers Bank collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.manufacturersbank.com/CCPA-Privacy. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format. - 9 Days Ago
- Truist Bank
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Charlotte, NC
FULL_TIME
- The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to creat...
- 10 Days Ago
- Sumitomo Mitsui Banking Corporation
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Charlotte, NC
FULL_TIME
- ABOUT THE ORGANIZATION SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, who...
- 8 Days Ago
- Live Oak Banking Company
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Wilmington, NC
FULL_TIME
- About Us Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business B...
- 1 Month Ago
- Wells Fargo
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CHARLOTTE, NC
FULL_TIME
- About this role:Wells Fargo is seeking a Compliance Director in Corporate Risk as part of Compliance Program Strategy, Planning & Governance (CP SPG). Learn more about the career areas and business di...
- 17 Days Ago
- Catalent Pharma Solutions
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Morrisville, NC
FULL_TIME
- The Role Responsible for administrating Quality Systems including document control, change control, and internal/external audits. Ensure compliance to regulations for medical device and combination pr...
- 19 Days Ago
Compliance Director (Banking) jobs at Popular Companies
- Essen Medical Associates
-
Bronx, NY
- Overview: At Essen Health Care, we care for that! As the largest privately held multispecialty medical group in the Bron...
- 4/26/2024 12:00:00 AM
- Marquette Transportation Company, LLC
-
Paducah, KY
- Title: Director of Compliance Position: Full-time/Salaried Exempt Reports to: VP Corporate Compliance and Regulatory Aff...
- 4/25/2024 12:00:00 AM
- Biden for President
-
Wilmington, DE
- The Director of Compliance will be responsible for overseeing Biden for President's fundraising compliance in accordance...
- 4/25/2024 12:00:00 AM
- Apex Systems
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Richmond, VA
- DIRECTOR, IT COMPLIANCE WHO WE ARE Apex Systems is a world-class technology services business that incorporates industry...
- 4/24/2024 12:00:00 AM
- Newton Baby, Inc.
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New York, NY
- Job Description Job Description At Newton, we’re passionate about providing new parents with safe, healthy, sustainable ...
- 4/24/2024 12:00:00 AM
- Anduril Industries
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Costa Mesa, CA
- Andurils Legal Team seeks a Compliance Director with a focus on the full spectrum of cUAS, AI, and robotics regulatory i...
- 4/24/2024 12:00:00 AM
- Cambridge International Systems, Inc.
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Arlington, VA
- Cambridge International Systems is a rapidly growing services and systems integrator based in Arlington, VA, and we are ...
- 4/24/2024 12:00:00 AM
- Apex Systems
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University Of Richmond, VA
- DIRECTOR, IT COMPLIANCE WHO WE ARE Apex Systems is a world-class technology services business that incorporates industry...
- 4/22/2024 12:00:00 AM