Compliance Manager - Livermore, United States - Fremont Bank

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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