Job Description

Overview:

This position directs the Banks second line of defense testing program to review business units compliance with applicable rules. The incumbent leads multiple testing teams and is responsible for overall administration of the testing program, which includes scheduling reviews based on identified risks and available resources; reviewing the objectives, execution, and accuracy of specific reviews; and communicating findings and action plans and verifying corrective actions. Responsibilities:

• Program Oversight - Manages teams of associates who test business units for compliance with applicable rules. Implements improvements to testing processes, systems, and programs in accordance with strategic objectives and external rules. Maintains expert knowledge of applicable laws, rules, and standards to amend or correct business practices.
• Risk Management - Directs deposit, lending, privacy, safety and soundness, complaint, records management, Regulation O, affiliate, FL, HMDA, and CRA compliance program efforts to comply with the Bank's risk appetite and risk tolerances. Identifies and assesses compliance risks associated with organizational activities, including the development of new products, services, client relationships, and business practices. Oversees the monitoring, testing, and reporting of processes, data, and associate work for risk.
• Business Support - Develops relationships with business units through effective challenge and collaboration to foster culture of compliance. Provides expertise to senior leadership and associates on compliance-related matters.
• Managerial Functions - Establishes and monitors expectations to achieve company and department goals. Makes appropriate changes to program policies, procedures, and efficiencies to meet objectives. Manages the performance, training, and evaluation of assigned staff. Participates in committees and projects related to compliance, legal, and regulatory risk.

Qualifications:
Bachelor's Degree and 8 years of experience in Compliance, Legal, Audit, Regulatory Compliance Management, Banking or other related experience OR High School Diploma or GED and 12 years of experience in Compliance, Legal, Audit, Regulatory Compliance Management, Banking or other related experience

Preferred Area of Experience: Certified Regulatory Compliance Manager, Certified Public Accountant, or Certified Internal Auditor
License or Certification Type: Certified Regulatory Compliance Manager (CRCM) Preferred, Certified Anti-Money Laundering Specialist (CAMS) Preferred, Certified AML and Fraud Professional (CAFP) Preferred, Certified Information Privacy Professional (CIPP) Preferred
Skill(s): Ability to interpret a broad range of complex regulations and devise logical solutions, Knowledge of FL-related statistical analysis techniques, review methods, and prohibited factor identification and related issue remediation techniques, Knowledge of deposit, lending, and safety and soundness regulations impacting the financial services industry

First Citizens Bank