What are the responsibilities and job description for the Compliance - Deputy Chief Compliance Officer position at Bank Midwest?
At our Bank, we believe common sense is more than just banking. We believe in finding financial solutions that cater specifically to our client’s needs. We are looking for talented associates who understand the complexities of life and will offer simple solutions that best fit the needs of our clients.
If this is what you believe in, then you’re definitely right for us. And, we might be the right bank for you.
As a Deputy Chief Compliance Officer, you will be responsible for assisting in the development, implementation and administration of all aspects of the Company’s Compliance Program. You will be responsible for a variety of tasks including planning, organizing, and controlling the Company’s day-to-day compliance activities, collaborate with the Chief Compliance Officer, Executive Management and Associates on emerging compliance issues, and participate in various committees, audits and examinations. You will review and draft policies and procedures, monitor statutes, court decisions, regulations, and publications to stay current with changes in compliance-related laws and regulations.
Additionally, Chief Compliance Officers are expected to consult and guide the Company in the establishment or refinement of controls to mitigate compliance and other regulatory risks. As a leader of the compliance group you will provide direction, counsel and professional growth and development of staff, address any performance issues, coordinate staff for coverage in assigned areas of the department, and be fully knowledgeable and skilled in all areas of the department. All associates are expected to build a great rapport with clients and fellow associates and treat others with respect and consideration regardless of their status or position.
All associates are expected to maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.
Minimum Requirements: To be considered for this position, you must possess the following qualifications.
Thank you for your application!
The Bank is committed to providing qualified applicants and associates reasonable accommodation, when necessary, to enable the individuals to complete the application process and/or perform the essential functions of the job. An applicant and/or associate requiring reasonable accommodation to perform any essential job function, should contact Human Resources.
The Bank's policy is to provide equal opportunity to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity or any other legally protected category. The Bank is proud to be a drug-free workplace.
Selected candidate(s) for hire must complete the following prior to employment: a criminal history report, global screen, drug screen, employment credit report and if applicable, a driving record. Applicants must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.
If this is what you believe in, then you’re definitely right for us. And, we might be the right bank for you.
As a Deputy Chief Compliance Officer, you will be responsible for assisting in the development, implementation and administration of all aspects of the Company’s Compliance Program. You will be responsible for a variety of tasks including planning, organizing, and controlling the Company’s day-to-day compliance activities, collaborate with the Chief Compliance Officer, Executive Management and Associates on emerging compliance issues, and participate in various committees, audits and examinations. You will review and draft policies and procedures, monitor statutes, court decisions, regulations, and publications to stay current with changes in compliance-related laws and regulations.
Additionally, Chief Compliance Officers are expected to consult and guide the Company in the establishment or refinement of controls to mitigate compliance and other regulatory risks. As a leader of the compliance group you will provide direction, counsel and professional growth and development of staff, address any performance issues, coordinate staff for coverage in assigned areas of the department, and be fully knowledgeable and skilled in all areas of the department. All associates are expected to build a great rapport with clients and fellow associates and treat others with respect and consideration regardless of their status or position.
All associates are expected to maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.
Minimum Requirements: To be considered for this position, you must possess the following qualifications.
- Bachelor’s degree, or equivalent combination of education and related work experience.
- 12 years of progressive job related experience.
- 5 years of progressive management experience.
- Certifications: Certified Bank Compliance Officer (CBCO), Certified Regulatory and Compliance Professional (CRCP), Certified Regulatory Compliance Manager (CRCM), or commissioned examiner.
- Thorough knowledge of compliance-related regulations.
- Master’s degree, or equivalent combination of education and related work experience.
- 7 years of managerial experience at mid to large sized banks.
- Certifications: PMP (Project Management Professional), CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner)
- Strong oral and written communication skills with the ability to clearly and concisely articulate issues.
- Excellent presentation skills with the ability to present complex concepts at the management and/or executive level.
- Strong analytical ability to synthesize and communicate complex information.
- Ability to prioritize competing demands and effectively manage multiple tasks and/or projects.
- Ability to set expectations on delivery dates and milestones.
- Self-directed and motivated to accomplish tasks, meet objectives and committed timelines.
- Ability to work with other business unit leaders on committees and on projects to address issues.
- Judgment and decision-making ability.
- Demonstrated integrity and ethical standards.
- Accuracy and attention to detail.
- Strong client service skills with the ability to interact in a professional manner with both internal and external clients.
- Exceptional verbal, written and interpersonal communication skills; ability to apply a common sense approach to issue resolution.
- Strong knowledge of banking laws and regulations.
- Ability to write policies and procedures for compliance related functions.
- Proficient in Adobe Acrobat and MS Office applications which include Outlook, Word, Excel, and PowerPoint.
- Office setting with traditional hours.
- Standing for extended periods of time (typically no longer than 8 hours).
- Must be able to work at a rapid pace for long periods of time (typically no longer than 8 hours).
- Must be able to push, pull, pull up, bend at the knees and waist, twist body at the waist, raise and hold arms overhead, turn head-neck-shoulders as needed, grasp and hold tools and other items with hands, for either extended periods of time or many times throughout the workday.
- Must be able to work additional hours to the extent necessary.
- Must be able to travel – estimated 15% of the time.
Thank you for your application!
The Bank is committed to providing qualified applicants and associates reasonable accommodation, when necessary, to enable the individuals to complete the application process and/or perform the essential functions of the job. An applicant and/or associate requiring reasonable accommodation to perform any essential job function, should contact Human Resources.
The Bank's policy is to provide equal opportunity to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity or any other legally protected category. The Bank is proud to be a drug-free workplace.
Selected candidate(s) for hire must complete the following prior to employment: a criminal history report, global screen, drug screen, employment credit report and if applicable, a driving record. Applicants must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.