Compliance & CRA Manager at One Florida Bank

Orlando, Florida, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Apr, 26

Salary

0.0

Posted On

08 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance Monitoring, Banking Laws, Regulatory Reporting, CRA Operations, Risk Assessment, Communication Skills, Training Development, Data Analysis, Problem Solving, Team Collaboration, Documentation, Software Proficiency, Critical Thinking, Time Management, Attention to Detail, Community Development

Industry

Banking

Description

Description We have been voted one of the best companies to work for 5 years in a row, because we have developed a fun and inclusive culture that is at the forefront of how we operate. We only hire the best and most passionate talent and are proud to promote employees from within. One Florida Bank was founded on the belief that when we work together, our goals are One. As a Florida-based bank, we are firmly rooted in our local communities, because building relationships one-on-one is the way business gets done. We are committed to knowing you personally, understanding your needs and goals, and providing the products and services that will support you along the way. The Compliance & CRA Manager position is responsible for managing the compliance monitoring and CRA operations while supporting the Chief Compliance Officer in maintaining proper documentation of the compliance programs in all areas of the bank. This position will advise, identify, and implement processes and system controls necessary to maintain the bank’s compliance. The position will also include active participation in the regulatory reporting processes for various laws, rules, and regulations. Other duties include serving on the CRA and CRMC Committees. ESSENTIAL DUTIES Possess and maintain a working knowledge of applicable banking laws, rules, and regulations as well as stay up to date on changes that occur. Continually evaluate the bank’s policies and procedures to ensure they are effective and in line with rules and regulations especially those associated with mortgage and consumer lending as well as deposits. Contribute to the improvement and development of the Compliance program on a regular basis. Serve as administrator to back up the Regulatory University administrator. Recommend training and create courses in Regulatory University, as needed. Serve as Administrator of Continuity and manage the compliance monitoring process as well as policy attestations. Serve on the Compliance Risk Management Committee (CRMC). Attend and report monthly updates to the CRMC in all Compliance related matters including, but not limited to, HMDA, CRA, Compliance Monitoring, and Vendor Issues) Maintain and administer the compliance monitoring schedule. Serve as Super User in Simplicity (software) to certify new account disclosures and changes to account disclosures as well as certify library documents when there are OnBoard updates that require Simplicity Updates. Responsible for maintaining and updating the Policy and Risk Calendar as well as remind policy sponsors of deadlines. Provide updated policies and risk assessments to Chief Compliance Officer (CCO) for board or Audit Committee submission. Effectively communicate with team members concerning Compliance matters and issues as well as properly respond to questions with timely responses. Serve as License holder for COGNOS to generate daily, monthly, quarterly and ad hoc reports for the department. Assist CCO in collecting and reporting CRA data for community development services and donations as well as reviewing loans to determine CRA status. Assist CCO in set up and implementation of software to streamline the compliance management process. Assist CCO in maintaining effective HMDA loan data reporting processes and data validity in the HMDA submission software. Help prepare Board Compliance Reports and reports for Audit Committee meetings. Assist CCO is developing external audit program. Support CCO with special projects (e. g. exam and audit preparation, CRA, HMDA, and fair lending reviews/analysis). ROLES AND RESPONSIBILITIES Employ effective compliance monitoring with utilization of Continuity Reg Controls and tracking within Continuity to ensure completion in a timely manner. Make decisions on appropriate action to take regarding the need for further investigation and escalate compliance issues to the CCO. Collect and maintain Community Reinvestment Act (CRA) community service and community development service data performed by bank team members. Perform reviews of CRA community development loans and donations; maintain supporting documentation of regulatory qualifications. Document the summary of findings through compliance monitoring and report monthly to the CRMC Committee concerning reviews conducted. Serve as a committee member for the CRMC and CRA Committees. Assist with new hire compliance training. Participate in exams/audits by assisting in the coordination and gathering of data for federal regulators, state examiners, independent auditors, and law enforcement. Assist with ERM software (SRA Watchtower/now Lumio) reviews, as needed. Act as the backup to the CCO as needed. Other related duties as assigned. SUPERVISORY RESPONSIBILITIES None Requirements QUALIFICATIONS To be successful in this job, an individual must be able to perform each essential duty satisfactorily. Critical thinking ability is required as well as a foundation of banking industry operations. Exceptional communication skills both verbal and written are needed including the ability to lead meetings and training sessions as well as provide reports to senior management, the Board of Directors, regulators, and auditors. The requirements listed below are representative of the knowledge, skill, and/or ability required. A desire to learn and a passion for the subject matter is paramount. The ability to multi-task and adapt well to change is vital. An understanding of the need for confidentiality is required. Willingness to assume additional responsibilities in the future. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education/Experience Bachelor's degree from four-year college/university or equivalent work experience 8 or more years banking compliance experience and/or training preferred Strong knowledge of the banking industry, deposit and lending related laws, rules, and regulations, BSA, USA PATRIOT Act, Money Laundering Control Act, OFAC regulations, strategies and enforcement policies, familiarity with key banking rules and regulations as well as interpretations, specifically CRA, Fair Lending, and HMDA as well as knowledge of bank laws and operations, risk assessment process, and analysis. Language and Interpersonal Skills Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public. Ability to effectively interact with all levels of staff and management. Mathematical Skills Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. Reasoning Ability Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to shift priorities, budget time and maintain effectiveness in workflow. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Ability to analyze transactions to determine applicability of regulations and if regulatory reports are required. Computer and Office Equipment Skills Spreadsheet software (e.g., Microsoft Excel) Word Processing software (e.g., Microsoft Word) Copier/Scanner Verafin software platform experience or other BSA/AML software and FinCEN reports Regulatory University software (preferred, not required) Continuity software (beneficial, not required) Jack Henry Core System (beneficial, not required) Physical Demands 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. Sit or stand for extended periods See to read small print or complex reports Manually operate keyboard, mouse and other personal computing devices Occasionally lift up to 20 pounds CERTIFICATES, LICENSES, REGISTRATIONS None required but CRCM, or related accreditations is a plus. Prior experience as a regulatory bank examiner or bank compliance consultant is beneficial. One Florida Bank supports a diverse workforce and is proud to have an engaged and inclusive culture that promotes equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. One Florida Bank conducts pre-employment background screening, credit checks and drug testing. Should you have a disability and need assistance with the application process, please request a reasonable accommodation by contacting the HR Department. What about the benefits? We recognize all Federal holidays every year and we offer highly competitive benefits such as: 100% employer paid Medical, Vision, Dental, STD, LTD and group life insurance for the employee only cost 401(k) Safe Harbor Match Paid vacation and sick time plus 1 floating holiday Paid volunteer hours Wellness Program Shared leave program Paid Paternity Leave Tuition Assistance Program Pet Insurance Team Building activities

Responsibilities

The Compliance & CRA Manager is responsible for managing compliance monitoring and CRA operations, supporting the Chief Compliance Officer in maintaining compliance documentation. This includes evaluating policies, participating in regulatory reporting, and serving on compliance committees.