Great Plains Bank · 2 hours ago
Compliance Director
Administration - Oklahoma City - Oklahoma City, OK 73116
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expGreat Plains Bank is seeking a Compliance Director to oversee the bank’s compliance department, ensuring adherence to relevant laws and regulations. The role involves managing compliance programs, training staff, and conducting compliance reviews and risk assessments.
BankingFinancial ServicesInsurance
Responsibilities
Oversee the day-to-day responsibilities of the Compliance Department and staff to ensure objectives are met in a timely manner
Maintain knowledge base for banking regulations, pertinent laws and supervisory guidance. Inform management, clients and interested parties of new and modified compliance requirements
Work with other groups, and independently, to train/convey knowledge base to other employees on how tasks are performed to comply regulations. Develop, and/or assist in developing, a training schedule to ensure staff are trained to perform their job function in a manner that complies with applicable bank regulations
Reviews and assists with updates to policies, procedures and disclosures to adhere with applicable laws and regulations. Assists in the development of compliance-related policies and procedures
Act as a consultant, subject matter expert, with other groups to help make decisions that maintain the bank’s compliance with regulatory requirements
Assists in creating and maintaining company standards related to higher risk products, services, and practices. Ensures documentation and training materials are current to minimize risks within the bank’s risk appetite
Performs key compliance reviews and risk assessments on an ongoing basis and on new programs and initiatives
Performs ongoing evaluation of third parties requiring enhanced oversight
Participates in onsite due diligence reviews of key third party service providers as needed
Reviews marketing materials for adherence to regulatory requirements and bank standards, providing guidance and advice to bring the materials into compliance
Develops and oversees a monitoring and testing schedule to ensure that activities are being completed in accordance with policies and regulations. Works with management to identify corrective action steps, assist in implementing and follows up to ensure implementation
Prepares and presents compliance reports and executive summaries of compliance activities including concerns, issue trends and patterns, etc. and discuss recommendations for initiating additional controls and audits to management and Audit/Compliance committee members as needed
Conducts annual training for board of directors, for areas such as Reg. O, Fair Lending, etc. as required and/or needed
Acts as a subject matter expert, advising the team and clients on day-to-day, elevated and complex compliance issues, rules, and regulations. Partner with bank personnel to develop solutions and recommendation to meet compliance needs
Assists in the management of compliance-related audits and examinations. Gathers relevant documentation as requested, meet with auditors to respond to questions, prepare audit responses as needed, and implement actions recommended by auditors and examiners
Work closely with BSA and Bank management and department managers to ensure compliance
Work closely with outside auditors, regulators and internal audit to ensure compliance
Determines work procedures, prepares work schedules, and expedites workflow
Works closely with CRA Officer
Assigns duties and examines work for exactness, neatness, and conformance to policies and procedures
Studies and standardizes procedures to improve efficiency of subordinates within the department
Maintains harmony among co-workers, all departments and resolves grievances
Performs or assists subordinates in performing duties, ensures subordinates are trained and knowledgeable to complete all just duties
Perform backup duties of subordinates when no other backup is available
Coordinate with subordinates to ensure all goals are met
Promotes and cross-sells other establishment products and services as appropriate to customer requirements
Qualification
Required
At least 10 years banking or directly related experience
Bachelor's degree in business, finance and/or accounting
3-5 years management experience and/or experience dealing with people
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Ability to read, analyze, and interpret technical procedures and/or governmental regulations
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from other employees, customers and the general public
Ability to calculate basic math figures and amounts
Ability to apply concepts of basic algebra and geometry
Knowledge of Microsoft Internet Explorer and Microsoft Office software
Ability to lift and carry cash drawers, coin bags, and boxes sometimes weighing as much as 25 pounds
Company
Great Plains Bank
Great Plains Bank offers a great selection of personal and business banking solutions, including savings & checking accounts and loans.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$32.3M2023-10-20Series Unknown· $12.3M
2018-04-19Debt Financing· $20M
Leadership Team
Barry Schwarz
Chief Financial Officer
Trace Larman
Chief Operating Officer
Recent News
SEC Filings
2023-10-23
SEC
2023-10-23
GlobalFinTechSeries
2022-05-24
Company data provided by crunchbase