VP COMPLIANCE OFFICER
WE ARE BANK OF LABOR
How have we managed to thrive for nearly 100 years as your reliable, locally-owned bank? It’s because we have not lost sight of the importance of friendly, personal service. At the same time, we’re nimble, tech-smart and ready to find creative solutions many mega banks are just not set up to handle.
We’re that close-knit team of bankers who stand together for our community, our neighbors and our future. We offer innovative solutions for a changing world, combining exceptional service with convenience—the best of past and present. We’ve got your back, so to speak, which is exactly what makes us feel less like just-another-bank and more like your trusted financial partner — a bank you choose to keep for generations.
JOB SUMMARY:
Under general supervision, but in accordance with established policies and procedures, the successful candidate is responsible for conducting or assisting interviews of assigned organizational and functional activities. Develop compliance policies and procedures; Oversee training of management and employees in consumer protection laws and regulations; Review bank policies and procedures for compliance with applicable laws and regulations and the bank’s stated policies and procedures; Maintain an awareness of emerging consumer protection regulatory issues and potential liabilities; Coordinate responses to consumer complaints; Perform compliance reviews in accordance with Annual Compliance Monitoring Plan; Accurately report review findings to the Board Audit Committee and ensure corrective action is implemented in a timely fashion and is effective in preventing recurrence.
KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
- Knowledge of specialized principles or techniques, typically obtained by completing a formal academic program at a college or university or an equivalent in depth, specialized training program directly related to the type of work being performed.
- Need high level of interpersonal skills, verbal and written, to communicate effectively, pleasantly, and tactfully with employees from all departments.
- Bachelor of Science degree in accounting or business administration required.
- ICB (Institute of Certified Bankers) Certified Compliance Regulatory Manager (CRCM)
- Must be able to meet deadlines, prioritize, and work independently with minimal direct supervision.
- Analytical skills to conduct thorough research and solve problems. Must be able to adapt and work on multiple assignments.
PRIMARY RESPONSIBILITIES / EXPECTATIONS:
- Job Performance Behaviors: Contributing to organization success, job effectiveness, relationships and customer satisfaction.
- Perform monitoring, risk assessments and reviews to monitor and assess compliance with Federal laws and regulations and State of Kansas, other applicable laws and regulations and internal policies / procedures. Prepare an objective, constructive, clear, concise, accurate, complete and timely report to management and the Audit and Compliance Committee on the results of reviews, monitoring and risk assessments. Prepare accurate and complete work papers to document reviews performed.
- Prepare an effective Compliance Review Plan annually based on a compliance management system detailed risk assessment for scheduled compliance reviews and periodically prepare informative reports on compliance activities to report on progress against the Compliance Review Plan, to the SVP Chief Audit Executive and the Audit & Compliance Committee. Ensure corrective actions are taken on compliance findings by performing timely follow-up procedures.
- Develop and maintain an effective compliance monitoring, risk assessment and review program covering policy, procedures, and regulatory changes. Submit recommendations for improving the compliance review program to the SVP Chief Audit Executive. In addition, track and coordinate responses to consumer complaints.
- Develop and maintain adequate compliance policies and procedures and review compliance policies and procedures for compliance with applicable laws and regulations. Assist Division Heads, Officers and managers in developing and updating adequate and effective compliance policies, procedures and internal controls to facilitate compliance with laws and regulations.
- Provide well-designed training to management and staff on consumer protection laws and regulations and document the training.
- Maintain knowledge of current compliance issues, assess emerging compliance issues and make appropriate recommendations to management. Keep abreast of potential regulatory risk and related risk exposures or potential liabilities. Research and respond appropriately to compliance questions submitted by Bank staff.
SECONDARY RESPONSIBILITIES:
- Assist in the performance of operational and financial audits to evaluate the adequacy and effectiveness of internal controls within Bank departments.
- Take on additional responsibilities as assigned by the Chief Audit Executive.
Other details
- Pay Type Salary
- Travel Required No
- Required Education Bachelor’s Degree
- Job Start Date Sunday, January 1, 2023
- 11810 W 75th St, Shawnee, KS 66214, USA