VP & Compliance Officer III

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

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Job Title: VP & Compliance Officer III
Department: Risk & Compliance

We are looking for an experienced VP & Compliance Officer III for those with advanced expertise to join the Risk and Compliance team. Position and salary commensurate with experience.

The VP & Compliance Officer III is responsible for assisting the Compliance department in delivering day-to-day compliance support, perform compliance validation and tests, and develop, administer, and facilitate online or in-person training to Bank management and personnel.

Key Responsibilities:

• Support CRA goals and initiatives by contributing to CRA service.
• Support branches and departments by performing compliance research and communicating regulatory requirements in a timely and professional manner.
• Maintain and understand the Bank's online training program, including accurately assigning training courses, monitoring, and reporting incomplete training assignments, producing online training reports for management, and assist with administrative duties. Make recommendations for training assignments, and system and program enhancements.
• Develop or update compliance classroom and online training materials, with minimal supervision, as needed.
• Co-teach, or teach on own, new hire compliance and other refresher training in an online or in-person format as assigned.
• Create new and perform periodic, timely and accurate compliance reviews, self-assessments, and transactional testing, with minimal supervision, to determine compliance with Banking regulations and laws that affect various departments throughout the Bank.
• Assist in maintaining bank wide documents such as policies, procedures and compliance-related forms and disclosures
• Active participant with the Compliance Team when reviewing new software programs specific to the Compliance department.
• Active participant or may lead the Compliance Team on projects or implementing new software programs as requested.
• Maintain current compliance and CRA knowledge by keeping abreast of new and changing regulatory requirements, and internal policies, procedures and practices by means of checking various government and non-government regulatory websites and, use of bank compliance software programs, and attending conferences, seminars and webinars as applicable.

Requirements/Qualifications:

• Bachelor's degree in related field or equivalent experience preferred, but not required.
• Minimum six-years' experience in bank compliance or related field required.
• Broad knowledge of operations and lending regulations and banking laws needed for this position.
• CRCM designation preferred.
• Strong knowledge and understanding of software applications to develop or enhance word processing, spreadsheet, and presentation documents.
• Ability to identify and implement opportunities to streamline and improve compliance activities and functions.
• Ability to interpret a variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to understand and retain a broad knowledge of tasks performed in the operations and lending functions.
• Ability to understand, retain, and educate others in compliance related knowledge.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail. Bachelor's degree in related field or equivalent experience preferred, but not required.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

To view current job openings, please visit Open Bank Careers Page: https://myopenbank.com/about/#