Address
Form of work- Ensure that First Citizens maintains adequate credit, market and operational risks and that the Bank is in full compliance with banking laws, regulations and internal policies and procedures. Review internal bank policies to ensure they align with external banking regulations.
- Advise management of emerging compliance issues and consult and guide the Bank in the establishment of controls to mitigate risks. Oversee and implement risk analysis/assessment and monitoring related to compliance activities and serve as an in-house expert to provide compliance advice and guidance to Bank staff, addressing any compliance questions. Consult with counsel as needed to resolve complex legal compliance issues.
- Work with the Audit Committee of the Board and Internal Audit to develop an annual risk-based audit schedule ensuring that those areas with the greatest potential of risk receive appropriate audit attention, oversee annual compliance audits with the staff and coordinate the Bank's efforts related to various compliance related audits, reviews and examinations. Serve as the Bank's representative to Regulators with respect to Bank compliance and prepare internal components for examinations, conduct post examination follow-up, prepare responses and oversee corrective actions.
- Provide management and oversight of deposit, loan, trust/investment compliance including but not limited to the areas of loan review, audit, BSA/AML, OFAC, deposit compliance, CRA, Fair Lending, Privacy, and Dodd-Frank Act and consumer complaints to ensure compliance efforts are maintained on a daily basis.
- Ensure department activities run smoothly and efficiently by providing leadership, training and supervision to compliance and audit personnel. Develop and maintain a personal development program for maintaining an adequate level of knowledge in banking, management, and demonstrate personal and interpersonal behavior, attitude, judgment, communication and initiative with customers and employees in order to ensure an acceptable degree of performance.
