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Shore United Bank · 2 months ago

Compliance Manager & CRA Officer

Waldorf, MD

Full-time

Onsite

Mid, Senior Level

$94K/yr - $108K/yr

3+ years exp

Shore United Bank is seeking a full-time Compliance Manager & CRA Officer to join their team. The role involves developing and maintaining the internal compliance program, managing overall Bank compliance, and serving as a liaison with regulators and auditors.

BankingFinancial ServicesLending

Work & Life Balance

Responsibilities

Assess compliance risks and implements monitoring controls appropriate for the defined risk

Monitor and test adherence to regulations and implementation of follow-up activities

Responsible for formulating, implementing, updating, and reviewing Bank policies and procedures with regards to regulatory requirements

Informs management and personnel of changes in laws and regulations and their implications

Coordinates compliance training

Serves as liaison with regulators and internal and external auditors

Prepares for audits and examinations

Responds to auditors’ and regulators’ inquiries in a timely manner

Researches, responds, and corrects findings

Assists all departments with compliance issues. Serves as the compliance resource to line managers and staff in all departments, responding to and resolving all compliance related questions and issues. Including compliance review of all advertisements, publications, and forms

Serves as Compliance Committee Chair; coordinates meetings and ensures agenda, minutes, and materials are prepared and distributed timely and any follow-up activities are completed

Developing, implementing, and administering all aspects of the bank’s Community Reinvestment Act Program. Demonstrating the bank’s responsiveness to the needs of our communities, especially low-to-moderate income areas

Implements strategies to achieve goals assigned to the department as established in the Division's annual operating plan; assists in the development of the annual budget for the department and adheres to budget parameters

Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace

Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information

Communicates with management and staff personnel in order to integrate goals and activities; reports to the Bank’s Board of Directors, and/or Executive Management on compliance matters

Responds to inquiries relating to his/her particular area, or to requests from other bank personnel, customers, etc., within given time frames and within established policy

Directly supervises assigned team of Compliance specialists

Administers personnel policies and procedures as established by bank policy

Demonstrates compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting all policies, procedures, and practices that promote risk management, safety, and regulatory adherence

Qualification

Compliance managementRegulatory knowledgeCommunity Reinvestment ActCompliance trainingAudit preparationTeam supervisionCommunication skillsProblem-solving skillsOrganizational skills

Required

A Bachelors degree in finance, business, or related field preferred

Relevant compliance training, education, and certifications (e.g. CRCM)

Minimum of three (3) years' experience in a compliance or regulatory role within a bank

Proven success in managing day-to-day compliance operations

Benefits

Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!

Paid parental leave

401k savings plan with up to a 4% company match

Employee Stock Purchase Plan

Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.

Opportunity for growth and advancement

Paid training program and continuous training sessions throughout the year on various topics

Generous paid time off and paid sick time

Community involvement opportunities