Compliance Manager - Livermore, United States - Fremont Bank

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    Description

    Job Location:
    Livermore, CA


    Hiring salary range:
    $124, $158,322.61 annual
    Fremont Bank founded in 1964,


    is one of the oldest independentlyowned banks in the Bay Area and is one of the top rated mid-tier banks in thenation.

    Voted a Top Workplace for 2022 and for the past twelve consecutive years, Fremont Bank has an immediate opening for a

    Compliance Manager in Livermore, CA.
    PositionOverview


    Todevelop/maintain a compliance program, represent compliance at variouscommittees, identify laws and regulations applicable to the business lines,review compliance policies, procedures and monitoring systems, developcompliance training plan for key regulations, identify changes to laws andregulations and support enhancement of related policy, procedures and systems,interface with bank regulators and auditors including follow-up on findings,and review new products, projects and business initiatives for regulatorycompliance.

    Duties are to be performed with little or no direct supervision.
    May consult with outside counsel, regulators, vendors, and sub-contractors asneeded on any Bank-related matter.

    Role and Responsibilities
    Assist with the implementation of new product development programs designed to comply with regulations, including any new or amended regulations

    Assist Compliance Management with change management reviews of new products, processes, and initiatives for compliance with applicable federal and state regulations, statutes, and guidance

    Assist Compliance Management with implementation of regulatory changes across the organization

    Provide advertisement approvals for marketing initiatives

    Coordinates with Internal Audit the reporting of compliance findings and resulting recommendations, via detailed reports, to Audit Committee of the Board of Directors in a timely manner

    Oversee the continued development and implementation of the Bank's Fair Lending and Unfair Deceptive Abusive Acts or Practices (UDAAP) Compliance Program

    Tracks compliance findings and management responses to ensure audit findings are corrected properly and timely

    Assist with monitoring and reviewing processes to ensure that high risk regulatory issues ae properly addressed within applicable business areas

    Review marketing materials and business processes to insure compliance with applicable regulations and laws

    MinimumQualifications
    Bachelor's Degree preferably in business, finance,accounting, or equivalent work experience.

    A minimum of five years of compliance experience

    Thorough knowledge of all rules and regulationspertaining to real estate, consumer lending activities, bank operations,and general accounting practices

    Demonstrated ability to oversee simultaneous multipleprojects, write excellent reports, business correspondence, and proceduremanuals, effectively present information and respond to questions fromexecutive management and department managers

    Experience working with a Windows-based computerenvironment, working knowledge of Microsoft Office

    Strong time management and organizational skills

    Must have strong research and analytical skills inorder to examine and extract relevant information while conductingcompliance reviews and other assessments

    Good understanding of risk management, audittechniques, internal controls, audit principles and theory

    Familiarity with current regulatory initiatives andability to map them to the businesses of the Bank

    Should have a robust personality with excellentinterpersonal skills and a good sense of humor, able to work with variousbusiness units on a daily basis

    Internal audit experience including a broad knowledgeof operations and mortgages preferred

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