Sandy Spring Bank
Sr. Regulatory Compliance Officer
Sandy Spring Bank, Columbia, Maryland, United States, 21046
About Us
Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of its clients and communities in the Greater Washington region for more than 150 years? If so, Sandy Spring Bank may be the perfect fit for you!Sandy Spring Bank is a growing financial services company focused on creating real experiences for our employees, clients, shareholders, and communities. We are proud to have been certified as
A Great Place To Work
, recognized by
The Washington Post
and the
Baltimore Sun
as a Top Workplace, and by
Forbes
magazine as the #1 Bank in Maryland. It is our employees who play an integral role in shaping who we are as a company and upholding what matters most to us: people and relationships.To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify. We offer competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health care and dependent care flexible spending accounts, career development opportunities, tuition assistance, and volunteer opportunities. We are proud to offer those, and so much more, making Sandy Spring Bank a remarkable place to work and build a career.
About the Job
Sandy Spring Bank is currently recruiting for a Senior Regulatory Compliance Officer. The successful candidate is responsible for formulating and executing a program designed to ensure compliance with state and federal laws, rules, and regulations pertaining to banking operations and lending. The position is responsible for providing expert analysis, risk assessment, evaluation, direction, guidance, and board and management reporting as it pertains to consumer regulatory protection functions, select safety, and soundness regulatory requirements. Assists the Chief Compliance Officer in designing comprehensive oversight and reporting, risk tolerance, risk management, and strategy to meet regulatory challenges, including government relations, internal and external audit, and exam management.MAJOR JOB ACCOUNTABILITIES:Compliance MonitoringDesigns and conducts compliance-monitoring reviews of business units and bank operational functions to ensure compliance with state and federal regulations and bank policies for consumer and commercial products and services.Creates and prepares management reports from analysis of compliance review results. Assists in preparation of board and management oversight reports on the status of organizational compliance.Coordinates monitoring program with audit program for maximum oversight and efficiency.Performs risk rating of banking functions based on products, regulatory requirements, and exposure.Performs oversight of the BSA/AML and OFAC programs.Compliance Risk Assessment and ImplementationFormulates enterprise-wide policies and maintains a compliance manual to cover existing and new regulatory requirements.Interprets and analyzes applicable consumer protection and banking laws and regulations. Maintains proficient knowledge to function as internal consulting expert.Obtains and maintains knowledge of bank services, products, and procedures.Leads projects to implement changes in laws and regulations and assess risk and impact to business unit processes.Compliance Guidance/Advisory ServicesServes as a Subject Matter Expert in laws and regulations such as CRA, Fair Lending, HMDA, Regulation O, RESPA, TRID, TILA, TISA, ECOA, FCRA, Bank Security, ADA, ESIGN, and others.Consults with business units to provide compliance guidance for implementation of changes to operating policies and procedures.Assists in the planning and delivery of regulatory compliance training for business units and branch personnel.Reviews advertising and marketing promotions for compliance with regulatory requirements.Serves as internal consulting expert for bank regulators and internal audit personnel.Conducts miscellaneous compliance-related duties as required.Performs analysis and reporting regarding the bank’s Community Reinvestment Act and fair lending performance and HMDA compliance functions.
Required Skills
KNOWLEDGE, SKILLS, AND ABILITIES:Minimum of 15 years of proven experience in banking financial services with 5 years concentration in Retail Banking, CRA, Fair Lending, deposit, consumer lending, mortgage, risk management, or other banking functions.5 years experience in Governance, Risk Management, or Compliance Management (GRC).Bachelor’s degree required; MBA preferred.CRCM preferred; ACAMs, PMP, or CMB a plus.Experience with Encompass, Action, nCino, CRA Wiz, or Fair Lending Wiz is a plus.Working knowledge of desktop computer applications (Word, PowerPoint, Excel). Experience in Access, Visio, or GRC software is a plus.Expert verbal and written communication skills are essential for providing guidance to business units on regulatory requirements and issues.Ability to work independently, meet deadlines, and take decisive action.Well-developed negotiation, analytical, problem-solving, and project management skills.SPECIFIC PHYSICAL REQUIREMENTS:Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required.WORKING CONDITIONS:Normal office environment with little discomfort due to temperature, dust, noise, or other disagreeable elements.Must be able to travel to remote company and/or client locations.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Compensation Information
At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location. Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.
Salary Range
USD $82,300.00 - USD $133,075.00 /Yr.Additional Information
Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.Sandy Spring Bank partners with various job boards to advertise our openings. Please visit our website,
www.sandyspringbank.com
to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.
#J-18808-Ljbffr
Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of its clients and communities in the Greater Washington region for more than 150 years? If so, Sandy Spring Bank may be the perfect fit for you!Sandy Spring Bank is a growing financial services company focused on creating real experiences for our employees, clients, shareholders, and communities. We are proud to have been certified as
A Great Place To Work
, recognized by
The Washington Post
and the
Baltimore Sun
as a Top Workplace, and by
Forbes
magazine as the #1 Bank in Maryland. It is our employees who play an integral role in shaping who we are as a company and upholding what matters most to us: people and relationships.To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify. We offer competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health care and dependent care flexible spending accounts, career development opportunities, tuition assistance, and volunteer opportunities. We are proud to offer those, and so much more, making Sandy Spring Bank a remarkable place to work and build a career.
About the Job
Sandy Spring Bank is currently recruiting for a Senior Regulatory Compliance Officer. The successful candidate is responsible for formulating and executing a program designed to ensure compliance with state and federal laws, rules, and regulations pertaining to banking operations and lending. The position is responsible for providing expert analysis, risk assessment, evaluation, direction, guidance, and board and management reporting as it pertains to consumer regulatory protection functions, select safety, and soundness regulatory requirements. Assists the Chief Compliance Officer in designing comprehensive oversight and reporting, risk tolerance, risk management, and strategy to meet regulatory challenges, including government relations, internal and external audit, and exam management.MAJOR JOB ACCOUNTABILITIES:Compliance MonitoringDesigns and conducts compliance-monitoring reviews of business units and bank operational functions to ensure compliance with state and federal regulations and bank policies for consumer and commercial products and services.Creates and prepares management reports from analysis of compliance review results. Assists in preparation of board and management oversight reports on the status of organizational compliance.Coordinates monitoring program with audit program for maximum oversight and efficiency.Performs risk rating of banking functions based on products, regulatory requirements, and exposure.Performs oversight of the BSA/AML and OFAC programs.Compliance Risk Assessment and ImplementationFormulates enterprise-wide policies and maintains a compliance manual to cover existing and new regulatory requirements.Interprets and analyzes applicable consumer protection and banking laws and regulations. Maintains proficient knowledge to function as internal consulting expert.Obtains and maintains knowledge of bank services, products, and procedures.Leads projects to implement changes in laws and regulations and assess risk and impact to business unit processes.Compliance Guidance/Advisory ServicesServes as a Subject Matter Expert in laws and regulations such as CRA, Fair Lending, HMDA, Regulation O, RESPA, TRID, TILA, TISA, ECOA, FCRA, Bank Security, ADA, ESIGN, and others.Consults with business units to provide compliance guidance for implementation of changes to operating policies and procedures.Assists in the planning and delivery of regulatory compliance training for business units and branch personnel.Reviews advertising and marketing promotions for compliance with regulatory requirements.Serves as internal consulting expert for bank regulators and internal audit personnel.Conducts miscellaneous compliance-related duties as required.Performs analysis and reporting regarding the bank’s Community Reinvestment Act and fair lending performance and HMDA compliance functions.
Required Skills
KNOWLEDGE, SKILLS, AND ABILITIES:Minimum of 15 years of proven experience in banking financial services with 5 years concentration in Retail Banking, CRA, Fair Lending, deposit, consumer lending, mortgage, risk management, or other banking functions.5 years experience in Governance, Risk Management, or Compliance Management (GRC).Bachelor’s degree required; MBA preferred.CRCM preferred; ACAMs, PMP, or CMB a plus.Experience with Encompass, Action, nCino, CRA Wiz, or Fair Lending Wiz is a plus.Working knowledge of desktop computer applications (Word, PowerPoint, Excel). Experience in Access, Visio, or GRC software is a plus.Expert verbal and written communication skills are essential for providing guidance to business units on regulatory requirements and issues.Ability to work independently, meet deadlines, and take decisive action.Well-developed negotiation, analytical, problem-solving, and project management skills.SPECIFIC PHYSICAL REQUIREMENTS:Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required.WORKING CONDITIONS:Normal office environment with little discomfort due to temperature, dust, noise, or other disagreeable elements.Must be able to travel to remote company and/or client locations.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Compensation Information
At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location. Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.
Salary Range
USD $82,300.00 - USD $133,075.00 /Yr.Additional Information
Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.Sandy Spring Bank partners with various job boards to advertise our openings. Please visit our website,
www.sandyspringbank.com
to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.
#J-18808-Ljbffr