The Bancorp Bank, N.A.
VP Enterprise Compliance (Remote)
The Bancorp Bank, N.A., Sioux Falls, South Dakota, United States, 57102
Overview
This is a remote position and can be located anywhere in the U.S.A.
Hybrid role - working up to 3 days onsite if located in Sioux Falls, SD or Wilmington, DE office areas.
Manage and administer the bank's compliance risk management program in collaboration with the Compliance Officer.
Responsibilities
Essential Functions
Keeps abreast of relevant consumer protection laws, regulations, and supervisory guidance applicable to the assigned business line, and informs management, clients, and interested parties of new and modified compliance requirements.Trains internal and external clients on compliance requirements through various methods including one-on-one or staff meetings, memos, educational presentations, and providing guidance on specific situations.Reviews and updates policies, procedures, and disclosures as needed for adherence with applicable laws and regulations.Assists in creating and maintaining company standards related to higher risk products, services, and practices.Performs compliance reviews and risk assessments 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.Reviews elevated marketing materials for adherence to regulatory requirements and bank standards.Oversees monitoring and testing to ensure that activities are completed in accordance with approved schedules.Builds and maintains close working partnerships with internal stakeholders and external clients.Prepares and presents compliance reports and executive summaries of compliance activities.Acts as a subject matter expert, advising the team, other departments, and clients on compliance issues.Assists in the management of compliance-related audits and examinations.Performs other duties as assigned.
Qualifications
Education/Experience RequirementsUndergraduate degree in business or a related field or an equivalent combination of training and experience.10 years of compliance experience in the banking or financial services industry.
Preferred RequirementsCRCM certification preferred.Extensive knowledge of federal consumer protection laws and regulations.Excellent verbal, written, and interpersonal communication skills.Ability to simultaneously prioritize and manage multiple projects and deadlines.Comprehensive working knowledge of consumer and commercial banking laws and regulations.A team player, able to work effectively in a team fostered, multi-tasking environment.Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
Background & EEO Statement
Salary Range ($118,394- $180,403)
This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual experience, qualifications, and other relevant factors.
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information:
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Diversity & Background Screening
Diversity & Inclusion at The Bancorp Bank :
click here
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.#J-18808-Ljbffr
This is a remote position and can be located anywhere in the U.S.A.
Hybrid role - working up to 3 days onsite if located in Sioux Falls, SD or Wilmington, DE office areas.
Manage and administer the bank's compliance risk management program in collaboration with the Compliance Officer.
Responsibilities
Essential Functions
Keeps abreast of relevant consumer protection laws, regulations, and supervisory guidance applicable to the assigned business line, and informs management, clients, and interested parties of new and modified compliance requirements.Trains internal and external clients on compliance requirements through various methods including one-on-one or staff meetings, memos, educational presentations, and providing guidance on specific situations.Reviews and updates policies, procedures, and disclosures as needed for adherence with applicable laws and regulations.Assists in creating and maintaining company standards related to higher risk products, services, and practices.Performs compliance reviews and risk assessments 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.Reviews elevated marketing materials for adherence to regulatory requirements and bank standards.Oversees monitoring and testing to ensure that activities are completed in accordance with approved schedules.Builds and maintains close working partnerships with internal stakeholders and external clients.Prepares and presents compliance reports and executive summaries of compliance activities.Acts as a subject matter expert, advising the team, other departments, and clients on compliance issues.Assists in the management of compliance-related audits and examinations.Performs other duties as assigned.
Qualifications
Education/Experience RequirementsUndergraduate degree in business or a related field or an equivalent combination of training and experience.10 years of compliance experience in the banking or financial services industry.
Preferred RequirementsCRCM certification preferred.Extensive knowledge of federal consumer protection laws and regulations.Excellent verbal, written, and interpersonal communication skills.Ability to simultaneously prioritize and manage multiple projects and deadlines.Comprehensive working knowledge of consumer and commercial banking laws and regulations.A team player, able to work effectively in a team fostered, multi-tasking environment.Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
Background & EEO Statement
Salary Range ($118,394- $180,403)
This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual experience, qualifications, and other relevant factors.
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information:
click here
Diversity & Background Screening
Diversity & Inclusion at The Bancorp Bank :
click here
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.#J-18808-Ljbffr