Director Of Compliance

Summary:

This position provides Executive leadership to the Compliance department for the DFC-owned banks. Will develop, implement, and administer all aspects of the banks’ compliance management program, including Compliance and CRA.

Principal Accountabilities:

• Ensure that the regulatory compliance functions are developed and reviewed to stay abreast of changes in laws, regulations and the regulatory environment.
• Assist in oversight and monitoring of Bank's FinTech program, including management of bank compliance with respect to any FinTech partner.
• Ensure that DFC Banks have an appropriate Compliance Management Program, policies, and staffing levels.
• Develop and manage a team of professional officers in the Compliance Department who with primary responsibility for Compliance and CRA, ensuring that they continue to maintain and develop current subject matter knowledge, leadership skills, and exam management skills.
• Coordinate and directly communicate with examiners, internal and external auditors to facilitate examinations and audits.
• Provide appropriate reports to the CLO to present to the Board of Directors for each bank monthly.
• Participate actively in various committees as assigned, including Enterprise Risk Management, and Information Technology Risk Management.
• Participate in Due Diligence Committees as requested for acquisitions and mergers.
• Ability to develop good working relationships with other business unit directors.
• Provide Compliance-related BVS training assignments to HR for assignment.
• Review Compliance Testing reports and provide, with summary, to EMC member.
• Establish and maintains current department-related risk assessments including Compliance, Fair Lending, UDAAP, and social media.
• Review process flows, compliance testing programs and documentation standards
• Serve as primary point of contact with regulatory agencies on compliance and CRA matters in conjunction with the Staff Compliance Officer and CRA Officer, as applicable.
• Serve as compliance subject matter expert and provide appropriate research support for business units.
• Responsible for the management of 10+ FTE’s including career and leadership development of key associates.
• Conduct all duties in compliance with applicable laws, regulations, and Bank policies and procedures.
• Maintain current knowledge of laws, regulations, policies, and procedures applicable to the job assignment, including those applicable to FinTech partners.
• Ensure that appropriate CRA and/or Compliance training is scheduled and delivered to all Compliance Department associates.
• Perform supervision/management administrative duties related to Compliance Department associates including performance and salary reviews, disciplinary action, and employee recognition.
• Ensure work premises constitutes a safe work environment that promotes positive bank image, including regular inspection for and remediation of any hazardous conditions; regular maintenance and cleaning of premises; adherence to all posting requirements in jurisdiction, including human resources and compliance postings; and provision of comfortable and appropriate space for associates to conduct banking business.
• Understands, embodies, communicates, and instills corporate initiatives and vision, including the six Pillars of Success.
• Maintains client information in complete confidence.
• Completes other specified duties as assigned.
• Regular attendance required, working at the assigned worksite, or assigned remote location during regular business hours and/or assigned hours.