Senior Compliance Manager

This position is an in-person role and can be located in Columbia, Camden, Greenville or Charleston, SC.

About First Palmetto Bank:

Founded in 1904, First Palmetto Bank serves businesses and individuals from our 22 offices located throughout South Carolina. Twice named South Carolina's Best Small Bank by Newsweek, our team takes pride in providing an unparalleled level of customer service and attention.

Position Overview:

The Senior Compliance Manager will be responsible for managing the Compliance Program for the Bank for the lending and deposit compliance regulations; monitoring compliance with these regulations; training employees on the compliance requirements applicable to their jobs; documenting and maintaining written policies and procedures for these regulations; and implementing policies, procedures, and processes for new or revised regulations. This position will report to the Chief Risk Officer.

Essential Duties include, but are not limited to:

• Fair Lending - Direct responsibility for the Fair Lending analysis. This includes compiling the data, utilizing NContracts for HMDA, Non-HMDA and redlining analysis, tracking fair lending activities, and reporting the results to management.
• CRA - oversee the collection and input of CRA activities into NContracts. Utilizing NContracts to perform analysis (including redlining) for the deposit and loan data. Coordinate the transition to the new CRA rules.
• HMDA - coordinate with the Compliance Analyst for the validity and completeness testing of the HMDA data and submission of the HMDA LAR. Work with management to address process and validity issues.
• BSA/AML - coordinate with the BSA/AML team to ensure an effective BSA/AML program remains in place. This includes ensuring the risk assessment is adequate; ensuring policies and procedures are in place; ensuring employees receive appropriate training for their job function; ensuring alerts are set up accurately and are adjusted as necessary; ensuring all processes are performed timely; and overseeing the OFAC and CIP functions.
• Other lending and deposit compliance responsibilities:
• Coordinate compliance training with the Training Coordinator to ensure new hires and existing employees are adequately trained for compliance requirements applicable to their job functions.
• Partner with management to ensure compliance policies and procedures remain up-to-date.
• Review and approve advertising including print, digital, radio, etc.
• Partner with management on the implementation of new products and services to ensure compliance with the applicable regulations.
• Monitor new regulations, changes to existing regulations and emerging compliance risks to ensure the Bank remains in compliance.
• Create and perform applicable testing/monitoring of related Bank policies, procedures, and practices.
• Perform follow-up testing to validate adequacy and effectiveness of new or revised processes.
• Ensure oral and written communication is clear, timely, proactive and concise. Keep business unit partners informed of relevant issues and demonstrate active listening skills. Interact confidently, courteously, and professionally with business unit partners at all levels.

Supervisory Responsibility:

This position will not be responsible for the supervision of any employees but will be partnering with the Risk Management team and employees throughout the Bank.

Environment and Physical Requirements:

• Sustained standing and sitting
• Frequent use of PC, including typing
• Occasional lifting of basic office files up to 50 lbs
• Normal office environment with comfortable internal temperatures and low-level noise
• The work requirement characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Minimum Qualifications:

These qualifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The qualifications listed below are representative of the knowledge, skills and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Undergraduate degree or equivalent work experience
• At least 10 years' experience in regulatory compliance with a financial institution
• Management experience preferred
• Professional Certification such as Certified Regulatory Compliance Manager (CRCM) preferred
• Subject matter expertise in Consumer Banking Compliance Laws, Rules and Regulations - especially in Fair Lending, Community Reinvestment Act (CRA), Home Mortgage Disclosures Act (HMDA), and Bank Secrecy Act (BSA)/Anti-Money Laundering (AML).
• Effective verbal, written and interpersonal skills with the ability to interpret regulatory requirements and to convey those requirements to employees
• Knowledge utilizing Fair Lending/CRA analysis tools - NContracts is a plus
• Knowledge utilizing BSA/AML tools - Fiserv's FCRM system is a plus.
• Experience creating reports for executive management level
• Ability to engage and collaborate with stakeholders at varying levels across the Bank
• Good organization and time management skills
• Effective problem solving skills

Standard Benefits Include:

• Group health insurance, including long-term disability with optional dental, vision, and short-term disability
• Bank-sponsored retirement program
• Paid vacation

First Palmetto Bank is an equal opportunity employer and affords employment to all persons regardless of race, color, religion, sex, national origin, age, marital status, disability, or genetic information. We know that the sky is the limit with the right team in place.