What are the responsibilities and job description for the Compliance Manager position at Wayne Bank?
Compliance Manager
Salary Grade: Manager IV
Location: Honesdale Corporate Center
Duties: Is responsible for developing, implementing, and maintaining the Bank’s compliance management program to ensure adherence with all applicable federal and state banking laws, regulations, and internal policies. This individual will serve as a subject matter expert on regulatory compliance, monitor ongoing activities, conduct risk assessments, and provide guidance to management and staff to promote a strong culture of compliance across the organization.
Skills: Strong knowledge of federal and state banking laws and regulations, including but not limited to: CRA, Fair Lending, Reg Z (TILA), Reg E (EFTA), TISA, RESPA, HMDA, UDAAP, FDPA, and Privacy regulations. Experience interacting with regulatory agencies and responding to exams. Excellent analytical, problem-solving, and critical-thinking skills. Strong written and verbal communication skills with the ability to present complex issues clearly. High ethical standards and integrity; ability to exercise sound judgment. Proven ability to build collaborative relationships across business lines. Detail-oriented with strong organizational skills.
Experience: 5–7 years of experience in banking compliance, internal audit, or risk management.
Education: 4-year degree in Business, Finance, Accounting, or related field (advanced degree or JD preferred) or 10 years compliance management experience.
Salary : $60,000 - $113,000