Job Description

Institution : Bank

Role : Compliance Manager, SVP

Location : San Francisco, CA

Salary : $100,000 - $150,000 (depending on experience) plus bonus / benefits

Our client, a Bank located in San Francisco is looking for a new Compliance Manager, this person will ensure the Bank operates in full compliance with all applicable banking laws, regulations, and internal policies. In this role, you will oversee the development, implementation, and management of our compliance program, working closely with senior leadership, regulators, and staff across all departments.

This position is responsible for performing risk analysis and assessment of compliance obligations related to regulations and laws, identifying risks, controls, and monitoring business unit control environment. The position will draft and maintain remediation plans and issues tracking logs, and escalation of compliance issues, be responsible for playing a critical role in the issues remediation strategy for compliance identified issues and ensuring issues are closed in a manner which both adheres to the regulatory requirements and ensures business continuity.

Responsibilities:

• Monitor and interpret federal and state banking regulations (e.g., Fair Lending, UDAP, Privacy, CRA, FDIC, DFPI, etc.).
• Ensure policies, procedures, and practices align with legal and regulatory requirements.
• Assist with the development of the requisite control environment in both first and second lines of defense to manage compliance risks.
• Maintain up-to-date knowledge of regulatory changes and inform management of potential impacts.
• Develop and update compliance policies and procedures.
• Work with business partners to develop and implement effective controls to mitigate compliance risks.
• Conduct regular compliance risk assessments and 2nd LOD testing.
• Coordinate with external auditors and regulatory examiners.
• Track and resolve compliance issues or deficiencies.
• Provide compliance training content and guidance to staff and management.
• Serve as a resource for employees on compliance-related questions.
• Prepare reports for senior management and the Board on compliance activities, risks, and findings.
• File regulatory reports and documentation as required.
• Support the BSA Officer & team with projects, change management or other activities and deemed necessary by senior management

Requirements:

• A Degree preferably in a Risk Management, Finance, Accounting or Business Administration field.
• CRCM certification or willingness to achieve within one year of employment
• 5+ years worth of related experience, working for Commercial & Consumer banking institution(s).
• Having strong knowledge of banking laws and regulations with a focus on lending and deposits is needed.
• On-site work expectations, in San Francisco.

To explore this role further, please connect with matt@wayoh.co

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