Compliance Officer - Bluffton (ON-SITE)

JOB SUMMARY

Responsible for establishing and maintaining a compliance program, including compliance communication system and compliance training for employees of the bank.  Provides review of policy and procedure development, marketing and advertising materials, and products and services.  Manages CRA Program and Consumer Complaint Program.  In many cases, individual departments are responsible for ensuring compliance with applicable laws and regulations for their area.  The Compliance Officer is accountable for conducting compliance reviews, working with, and assisting compliance consultants, and monitoring bank areas to ensure compliance. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Develops and maintains an effective compliance program. 
• Coordinates resources to ensure the ongoing effectiveness of the compliance program.
• Reviews and updates compliance policies and related programs.  
• Develops annual compliance risk assessment, as well as other compliance-related risk assessments.  
• Performs compliance reviews.
• Maintains the bank’s internal compliance training program and ensures the ongoing training of personnel.  
• Develops and maintains a compliance communication system to interpret and provide current regulatory information and updates/changes to all departments of the bank, including training on new and updated regulations. 
• Maintains updates on proposed regulatory rulemaking, including communication with bank management, and submitting comments when applicable.
• Reviews marketing, advertising, and social media materials, as well as new and updated product and service offerings for compliance with regulations; performs compliance testing as needed.
• Serves as the bank’s Community Reinvestment Act (CRA) Officer and performs applicable duties to maintain the program; analyze CRA loan data, document the bank’s CRA efforts, maintain the public file, identify, and promote outreach efforts.  
• Manages the bank’s Consumer Complaint Program.
• Works with and assists third party compliance consultants and auditors. 
• Maintains a positive relationship with the regulatory agencies and assists in regulatory examinations.
• Stays current in banking, compliance, and regulatory changes through continuing professional education, development, and training.
• Performs other duties as assigned.

QUALIFICATIONS

Required:

• Bachelor’s degree in Accounting, Finance, or a related business field.
• Ten or more years regulatory compliance experience or Compliance Officer role in a banking environment.
• Must possess Compliance Certification or be willing to obtain.
• Superior attention to detail.
• Proficient oral and written communication skills, including presentation skills.
• Ability to think strategically and independently and to interact effectively with Board Members, management, and staff. 
• Excellent analytical skills and ability to accurately interpret complex documents and policies.
• Strong time management and organizational skills and able to meet deadlines. 
• Broad understanding of the banking industry and banking operations.
• In depth knowledge of bank regulatory requirements, issues, and rules at Federal, State, and local levels, including experience interacting with representatives of such agencies.
• Knowledge of and experience with all bank lending, deposit, and operational activities and terminology.
• Knowledge of current risk management practices and understanding of overall risk components.
• Ability to analyze large amounts of complex information, such as financial data, decipher key points, and assess associated risks.
• Proven ability to instruct others in a formal or one on one environment.

AAP/EEO STATEMENT

This statement of policy reaffirms South Atlantic Bank’s policy of equal employment opportunity in employment, compensation, training, transfers, promotions, and all other aspect of employment regardless of race, color, religion, national origin, age, sex, veteran status, physical or mental handicap/disability and to state that we do carry out this policy at South Atlantic Bank.  This policy also applies to all company-sponsored activities such as educational programs, tuition aid and social and recreational activities.