The posting
Chief Compliance Officer – To $250K – Indianapolis, IN – Job # 3773-8677
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our client is seeking to fill a Chief Compliance Officer role in the Indianapolis, IN area. This position plans, organizes, and controls the Bank’s day-to-day administrative, lending and operational compliance activities. Participates in various committees, audits, and examinations. Performs duties as the Bank Secrecy Act/OFAC Officer, Community Reinvestment Act Officer and Privacy Officer.
This position comes with a generous salary of up to $250K and a full benefits package. (This is not a remote position)
Chief Compliance Officer responsibilities include:
- Develops, implements, and administers all aspects of the Bank’s Compliance Management Program; performs duties as the Bank’s Compliance Committee chairperson; assists independent, state and federal regulator auditor inquiries; reviews and writes compliance-related policies and procedures; makes recommendations to the Board of Directors and Senior Management when appropriate; submits annual reports to the Board of Directors detailing compliance issues.
- Maintains a proficient knowledge of all applicable banking rules and regulations.
- Performs duties as the Bank Secrecy Act/OFAC Officer; conducts various quality control reviews and monitoring in the area of Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering, OFAC and Customer Identification Program compliance using industry standard and regulatory guidance sampling methods to ensure
- Performs duties as the Community Reinvestment Act Officer; establishes, participates, and maintains relationships with community-based, charitable, and non-profit organizations; develops and implements programs to ensure the Bank meets the needs of the community and attains CRA compliance goals.
- Identifies and mitigates potential risk issues against the Bank; interacts with Bank personnel pertaining to such issues.
- Verifies the accuracy of APY and APR calculations for system, disclosure, and advertising purposes.
- Oversees actions of comprehensive self-testing, independent third party and regulatory audits; makes necessary preparations for such audits or exams; coordinates responses to external auditors and regulatory examiners; ensures deficiencies identified from such audits and examinations are corrected.
- Develops and administers various forms to assure the use of correct and updated forms by Bank personnel.
- Ensures timely distribution of related materials and publications to designated personnel.
- Conducts compliance training presentations and exercises with all Bank personnel, including material presented to employees during the new hire orientation process.
- Consistently applies superior decision-making techniques pertaining to inquiries, approvals, and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
- Assumes responsibility for special projects, gathers data and prepares reports for Senior Management, audits, and other personnel.
- Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- Bachelor’s degree from an accredited college or university
- Must have 7+ years of experience as a bank Chief Compliance Officer
- Advanced knowledge of Bank administration, lending and operations products and services; related state and federal laws and regulations, and other Bank operational policies and procedures.
- Intermediate experience, knowledge and training in all operational and lending activities and terminology.
- Excellent organizational and time management skills.
- Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence, and procedures, and speak clearly to customers and employees.
- Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
- Ability to work with no supervision while performing duties.
