Banking Division Compliance Manager

at  Cornerstone Capital Bank SSB

WHO WE ARE LOOKING FOR:

Cornerstone Capital Bank is seeking an experienced Banking Division Compliance Officer, who will be responsible for overseeing the Banking Division’s Consumer Compliance Program in its entirety, with a particular focus on Deposits, Commercial Banking, Reg W, and Reg O.
The ideal candidate will have experience in bank compliance program management, including identifying and communicating laws and regulations applicable to the Banking Divisions businesses; establishing training programs for applicable laws, regulations, policies, and procedures; collecting and analyzing corporate compliance data and monitoring results; and providing feedback to business units regarding their compliance activities.

WHO WE ARE:

Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You’ll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.
Our mission is to use and improve on our talents to make a difference to the lives of our employees, customers, shareholders, and the people who provide services to us. We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions. Our brand is known for on-time performance - a key core conviction of Cornerstone.

WE ARE AN EQUAL OPPORTUNITY EMPLOYER, AND ALL QUALIFIED APPLICANTS WILL RECEIVE CONSIDERATION FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, DISABILITY STATUS, PROTECTED VETERAN STATUS, OR ANY OTHER CHARACTERISTIC PROTECTED BY LAW.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c

• As part of the overall compliance team, help oversee aspects of the bank’s compliance function related to deposit compliance and commercial lending compliance.
• Serve as a subject matter expert on deposit and commercial banking (including affiliate and insider transactions) laws, rules, and regulations.
• Intake, manage, and resolve consumer complaints related to managed business lines.
• Identify and oversee issues related to managed business lines.
• Participate in vendor management reviews for third parties supporting managed business lines.
• Facilitate risk assessments and reviews of new products, services, and initiatives related to managed business lines.
• Review customer-facing materials (e.g., marketing, disclosures, correspondence, call scripts, etc.) related to managed business lines.
• Support examination and audits of managed business lines.
• Serve on relevant committees and working groups, including participating as a project team member on key bank projects and initiatives for assigned business lines.
• Coordinate with Management to test and monitor bank compliance-related activities to ensure processes and procedures in the business line comply with appropriate laws, rules, and regulations.
• Respond to compliance inquiries, and questions from other departments and organize support problem-solving.
• Identify regulatory trends, developments, and reporting requirements, and execute any required changes to current policies and practices.