Sutton Bank
Compliance Regulatory Affairs Manager
Sutton Bank, Columbus, Ohio, United States, 43224
Summary:
Responsible for drafting regulatory responses and overseeing regulatory interactions within the Compliance Department. Supports governance and approval related activities across the Bank's compliance related regulatory remediation plans.
Qualifications:
Education:
Bachelor's degree in business or related field.
Licenses/Certifications:
CRCM, CIA, ACAMS or similar preferred but not required.
Experience:
Five or more years of experience in a leading role within regulatory compliance programs in the financial services industry, preferably in banking compliance, risk and/or legal. Experience in a relevant or related testing/monitoring/quality control role within Compliance, Audit, and/or Risk Management. Previous management experience preferred. Or equivalent combination of education and experience.
Essential Functions:
A: Job Specific:
Leads all Compliance activities related to regulatory exams and reviews, including reviewing responses from stakeholders across the bank, as well as, from our Payment Division partners.
Manages/responds to ongoing Compliance communications with regulators.
Coordinates with Compliance team members on a regular cadence to ensure alignment of activities across regulatory exams/reviews, progress reports, communications and any additional activities related to regulatory response and remediation planning.
Ensures that output from remediation activities have traceability back to root causes and regulatory response(s) and has proper signoff through appropriate governance channels, as necessary.
Oversees and coordinates the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Request Letters, Matters Requiring Attention, etc).
Ensures comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues and their root causes.
Provides bank regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.
Maintains thorough knowledge of banking regulations, bank operations and procedures, risk management controls, and other internal control objectives and practices.
Fosters a culture of compliance with existing and pending regulations.
Knowledge/Skills/Abilities:
The ability to communicate effectively and clearly, both in verbal and written communications.
Excellent interpersonal skills.
Strong knowledge of the business area that is being supported.
Self-directed and motivated.
The ability to manage multiple tasks.
Excellent problem-solving skills.
Deep understanding and proven ability to build relationships with internal and external partners and manage regulatory exam deliverables.
Strong writing, organizational, interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships across the bank and with our Payment partners.
Technical understanding of corporate risk operations, processes, and responsibilities.
Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
Knowledge and understanding of regulatory and risk management in the financial services industry.
Working knowledge of all Community Banking Laws and Regulatory requirements.
Excellent attention to detail and ensuring data accuracy.
Excellent organizational skills.
Strong analytical skills, able to dissect complex problems and synthesize large amounts of information.
Ability to define problems, collect data, establish facts and draw valid conclusions and support decisions with sound reasoning.
Strong team player receptive to exchange of ideas and constructive feedback.
The ability to generate innovative ideas and challenge the status quo.
The ability to manage multiple tasks, prioritize conflicting needs and work in a high-pressured environment and meet deadlines.
Interpersonal skills, able to interact with people at all levels, comfortable interacting with and presenting to all levels of management.
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Responsible for drafting regulatory responses and overseeing regulatory interactions within the Compliance Department. Supports governance and approval related activities across the Bank's compliance related regulatory remediation plans.
Qualifications:
Education:
Bachelor's degree in business or related field.
Licenses/Certifications:
CRCM, CIA, ACAMS or similar preferred but not required.
Experience:
Five or more years of experience in a leading role within regulatory compliance programs in the financial services industry, preferably in banking compliance, risk and/or legal. Experience in a relevant or related testing/monitoring/quality control role within Compliance, Audit, and/or Risk Management. Previous management experience preferred. Or equivalent combination of education and experience.
Essential Functions:
A: Job Specific:
Leads all Compliance activities related to regulatory exams and reviews, including reviewing responses from stakeholders across the bank, as well as, from our Payment Division partners.
Manages/responds to ongoing Compliance communications with regulators.
Coordinates with Compliance team members on a regular cadence to ensure alignment of activities across regulatory exams/reviews, progress reports, communications and any additional activities related to regulatory response and remediation planning.
Ensures that output from remediation activities have traceability back to root causes and regulatory response(s) and has proper signoff through appropriate governance channels, as necessary.
Oversees and coordinates the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Request Letters, Matters Requiring Attention, etc).
Ensures comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues and their root causes.
Provides bank regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.
Maintains thorough knowledge of banking regulations, bank operations and procedures, risk management controls, and other internal control objectives and practices.
Fosters a culture of compliance with existing and pending regulations.
Knowledge/Skills/Abilities:
The ability to communicate effectively and clearly, both in verbal and written communications.
Excellent interpersonal skills.
Strong knowledge of the business area that is being supported.
Self-directed and motivated.
The ability to manage multiple tasks.
Excellent problem-solving skills.
Deep understanding and proven ability to build relationships with internal and external partners and manage regulatory exam deliverables.
Strong writing, organizational, interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships across the bank and with our Payment partners.
Technical understanding of corporate risk operations, processes, and responsibilities.
Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
Knowledge and understanding of regulatory and risk management in the financial services industry.
Working knowledge of all Community Banking Laws and Regulatory requirements.
Excellent attention to detail and ensuring data accuracy.
Excellent organizational skills.
Strong analytical skills, able to dissect complex problems and synthesize large amounts of information.
Ability to define problems, collect data, establish facts and draw valid conclusions and support decisions with sound reasoning.
Strong team player receptive to exchange of ideas and constructive feedback.
The ability to generate innovative ideas and challenge the status quo.
The ability to manage multiple tasks, prioritize conflicting needs and work in a high-pressured environment and meet deadlines.
Interpersonal skills, able to interact with people at all levels, comfortable interacting with and presenting to all levels of management.
#J-18808-Ljbffr