Senior Compliance Officer
Company: First Citizens Bank
Location: Raleigh
Posted on: May 28, 2023
Job Description:
Overview:This position ensures the legal, operational, and risk
management compliance of the Bank at a high level of complexity and
ability. Facilitates the security and integrity of Bank activities
through the expert identification of risks, inefficiencies, and
compliance issues. Provides guidance to business leaders and
associate teams through knowledge of new and existing laws that
impact enterprise activities. Leads the review of business
processes, procedures, and activities for risks and inefficiencies.
Assists internal and external audits. Develops and implements new,
compliant policies as appropriate. Serves as a liaison between
corporate, legal, and division teams to identify and resolve
complex issues. Assists management with special projects and
initiatives that foster an understanding of and compliance with
applicable regulations, rules, and standards. May provide
leadership to less experienced associates in the work
group.Responsibilities:
- Compliance Improvement - Leads the analysis of external laws
and regulations as well as internal processes and systems. Develops
and revises policies, procedures, services, products, and systems
that ensure regulatory compliance. Fosters understanding and proper
implementation of necessary changes in impacted business areas.
Assists special projects or related business initiatives as needed,
which may include consulting on specific compliance matters.
- Business Support - Serves as a liaison between examiners,
regulators, auditors, and legal and corporate compliance teams
during compliance examinations, processes, and procedures. Tracks,
investigates, and resolves complex or escalated issues which may
involve system testing or direct consumer complaints. Recommends
process and operational improvements that enhance efficiencies and
reduce risk. Provides technical support to business programs,
systems, or vendors throughout daily activities. Assists less
experienced associates in addressing and addressing factors that
perpetuate risk.
- Reporting - Prepares reports for management on results of
compliance reviews, legal changes, or new regulations. Conveys the
necessary actions to fulfill regulatory requirements and
communicates changes amongst work groups.
- Compliance Expertise - Maintains a strong knowledge of current
or changing laws, regulations, requirements, policies, and
procedures that affect assigned area of the Bank. Serves as a
subject matter expert in providing guidance to management and
associates on compliance-related matters. May facilitate compliance
trainings, educational resources, or other methods of strengthening
knowledge within the Bank of applicable rules, regulations, and
standards. May participate in industry events or professional
organizations in order to remain knowledgeable on factors that
could impact enterprise activities.Qualifications:
Bachelor's Degree and 7 years of
experience in Compliance, legal, or audit OR High School Diploma or
GED and 11 years of experience in Compliance, legal, or audit
License or Certification Type: CRCM
(Certified Regulatory Compliance Manager) designation. Preferred,
Possess Valid Series 7, 63, 24, 65/66 and preferred Insurance
licenses Required, Preferred CRCP & ACAM designations Preferred
Skill(s): Possess Valid Series 7, 63,
24, 65 or 66, and preferred insurance licenses, Certified
Anti-Money Laundering Specialist (CAMS) or, Certified Anti-Money
Laundering and Fraud Professional (CAFP) or, Certified Regulatory
Compliance Manager (CRCM), Certified Regulatory and Compliance
Professional (CRCP)
Keywords: First Citizens Bank, Raleigh , Senior Compliance Officer, Other , Raleigh, North Carolina
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