Compliance Officer

BOC Bank is a Texas state-chartered bank and member of the Federal Reserve System, headquartered in Amarillo with approximately $250 million in total assets. As a state member bank, the Bank is supervised at the federal level by the Federal Reserve Bank of Dallas and at the state level by the Texas Department of Banking, with deposit insurance provided by the FDIC. We are owned and operated by a team that believes in the power of technology to extend the reach and efficiency of community banking. Our proprietary core operating system — built and maintained in-house — is the foundation of an expanding suite of payment services that expose API connections directly to customers and business partners.

The Compliance Officer is a senior leadership role responsible for building, operating, and continuously improving the Bank's enterprise compliance program. This individual serves as the primary liaison with the Federal Reserve Bank of Dallas, the Texas Department of Banking, and the FDIC, and is accountable for keeping the Bank in good standing across all applicable federal and state consumer protection, payments, and data-privacy regulations. A dedicated BSA Officer manages the Bank's BSA/AML/OFAC program; the Compliance Officer maintains a collaborative working relationship with that function. Given the Bank's active technology development program, the Compliance Officer will be deeply involved in evaluating new products and API integrations before they reach customers.

Key Details

• Reports to: CFO / CRO
• Department: Compliance & Risk
• FLSA Status: Exempt
• Location: Remote available for highly qualified candidates — no travel required
• Employment Type: Full-Time

Primary ResponsibilitiesEnterprise Compliance Program Management

• Own the Bank's written compliance management system (CMS), including policies, procedures, risk assessments, testing schedules, and board-level reporting.
• Maintain and annually update the compliance risk assessment across all business lines, products, and geographies.
• Serve as the primary point of contact for all regulatory examinations, inquiry responses, and corrective-action plans with the Federal Reserve Bank of Dallas (primary federal regulator), the Texas Department of Banking (state chartering authority), and the FDIC (deposit insurer).
• Coordinate with the Bank's BSA Officer to ensure consumer compliance and BSA/AML programs are aligned and examination-ready; serve as a resource on intersecting regulatory requirements (e.g., Regulation E error resolution, GLBA data handling) that touch both programs.

Staff Compliance Training

• Design, implement, and maintain the Bank's ongoing compliance training program, ensuring all employees receive timely, role-appropriate instruction on applicable regulatory requirements.
• Develop targeted training modules for lending, deposit operations, and payment services staff reflecting the Bank's specific products, customer base, and regulatory profile.
• Track training completion, maintain records, and periodically assess training effectiveness; update content as regulations or Bank products change.
• Prepare and deliver annual compliance updates to the Board of Directors, and provide ad hoc briefings as significant regulatory developments warrant.

Consumer Regulatory Compliance

• Ensure ongoing adherence to applicable federal and state consumer protection laws, including:
• Regulation E (Electronic Fund Transfers) — with heightened focus given payment services expansion
• Regulation Z / TILA and Regulation B / ECOA — for the Bank's consumer and commercial lending portfolios
• Regulation CC (Availability of Funds) and Regulation DD (Truth in Savings)
• RESPA and applicable CFPB mortgage servicing rules
• GLBA — Safeguards Rule compliance, especially as it relates to API-connected customer data
• Texas Finance Code and any applicable Texas Department of Banking rules
• Conduct periodic fair lending analyses under ECOA and the Fair Housing Act, with attention to the Bank's geographically dispersed lending markets and any concentration risk in protected class demographics.
• Monitor CFPB supervisory bulletins, regulatory guidance, and interagency issuances for applicability to Bank products and practices.

Payments & API Compliance

• Partner with the technology and product teams during the design, testing, and launch of all API-based payment services that connect external customers to the Bank's proprietary core.
• Conduct pre-launch compliance reviews ("compliance by design") for new API products, assessing exposure under Regulation E, NACHA Operating Rules, GLBA/Safeguards, and applicable state law.
• Monitor evolving federal and state regulatory frameworks governing open banking, real-time payments, and financial data sharing.
• Ensure that all customer-facing disclosures and error-resolution procedures for payment services meet Regulation E requirements.

Fair Lending Oversight

• Develop and maintain the Bank's fair lending program, including periodic analyses of loan pricing, approval rates, and product access across all active lending markets.
• Coordinate with lenders and credit administration to ensure underwriting criteria and pricing models are facially neutral and defensible under ECOA and the Fair Housing Act.
• Monitor applicable federal and multi-state fair lending guidance and ensure the Bank's policies remain compliant as the lending footprint evolves.

Board & Senior Management Reporting

• Present a quarterly compliance report to the Board of Directors covering regulatory developments, examination activity, testing results, and open corrective actions.
• Advise the CFO/CRO and senior leadership on regulatory risk associated with new products, markets, or partnerships before commitment.
• Escalate material compliance findings or emerging regulatory risk to management and the Board on a timely basis.

QualificationsRequired

• Bachelor's degree required.
• Minimum 5 years of bank compliance experience, with demonstrated expertise in consumer regulatory compliance (Reg E, Reg Z, ECOA, GLBA).
• Working knowledge of Texas state banking law and the Texas Finance Code.
• Experience managing or coordinating federal bank regulatory examinations; experience with the Federal Reserve and/or Texas Department of Banking strongly preferred.
• Familiarity with electronic payments regulation, including Regulation E and NACHA Operating Rules.
• Strong written and verbal communication skills; ability to translate technical regulatory requirements into practical operational guidance.
• Demonstrated ability to build and sustain relationships with regulators, auditors, and cross-functional internal teams.
• Comfort working independently in a remote environment with distributed teams.

Preferred

• Certified Regulatory Compliance Manager (CRCM) or equivalent professional certification.
• Experience with fintech partnerships, open banking, or API-based financial products.
• Familiarity with multi-state consumer lending compliance requirements.
• Experience conducting or overseeing fair lending statistical analyses.

What We Offer

• Competitive salary commensurate with experience and market.
• Comprehensive health, dental, and vision insurance.
• 401(k) with employer match.
• Paid time off and observed federal holidays.
• Professional development support, including CRCM certification fees and continuing education.
• Remote work available for highly qualified candidates, with the opportunity to shape a compliance program at a bank that genuinely invests in technology.

BOC Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, or any other characteristic protected by applicable law.

All AI-assisted outputs used in compliance work are advisory only and subject to human review before any regulatory filing, credit decision, or customer communication.

Pay: $60,000.00 - $120,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off

Work Location: In person

Salary : $60,000 - $120,000