Chief Compliance Officer – Banking

Posted 4 months ago

Jobs Details

Mountain Commerce Bank, a leading financial institution in Johnson City, TN, is seeking a highly qualified Chief Compliance Officer to join our team. The successful candidate will be responsible for overseeing and managing all aspects of compliance with regulatory requirements and internal policies and procedures. All the Jobs Details are Mentions Below.

At Mountain Commerce Bank (MCB), our mission is to attract individuals who embody strong ethics, possess vast experience, and exude a positive, professional demeanor. We understand that each member of our team is a vital component of our foundation and that our collective efforts drive the success of our company, shareholders, and clients.

To achieve this success, we are dedicated to providing Responsive Relationship Banking, a banking approach that offers clients the familiarity, flexibility, and energetic hometown customer service that one would expect from a community bank, supported by cutting-edge technology and a wide array of financial products and services found at larger banks. Our greatest asset in realizing our growth potential and maintaining exceptional service is our team. People are instrumental in forging the relationships that cultivate trust, understanding, and excellence.

Post Name: Chief Compliance Officer – Banking
Type of Employment: Full Time
Department: Mountain Commerce Bank MCB Bank
Qualifications: Bachelor /Master
Computer Proficiency: Basic
Place of Posting: Tennessee, USA
Last Date to Apply: 05th May 2023

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Responcibilities and Functions:

Responsible for legislative affairs, policy development, and legal compliance for the bank, as well as credit, market, and operational risk management activities. Work with chief officers to maintain an overall view of the bank’s compliance risk management picture, identifying risks and their causes. Provide direct supervision for all Compliance, Bank Secrecy Act (BSA), Audit, National Mortgage Licensing System (NMLS), and Enterprise Risk Management (ERM) functions. Develop a program to train bank personnel about the applicable laws and regulations and their responsibilities for compliance.

  1. Serve as the Bank’s Chief Compliance Officer and oversee the Compliance function, as well as the hiring, training, development, and management of compliance, BSA, audit, risk, and other assigned staff.
  2. Research regulatory reference materials and obtain advice from regulatory agency staff, legal counsel, or industry groups/professionals. Stay abreast of federal and state laws and regulations pertaining to the banking industry and develop a library of compliance resources.
  3. Administer appropriate information to staff related to compliance and other related subjects.  Provide informational assistance and guidance for compliance efforts to lenders, branch personnel, account representatives, management, examiners, auditors, etc. to ensure all are aware of and perform their duties in compliance with appropriate laws and regulations.
  4. Develop the Bank’s Community Reinvestment Act (CRA) Program and maintain the public comment file as required by the CRA. Assist and advise Team Members regarding CRA compliance efforts.
  5. Develop systems for tracking, and oversee the collection and reporting of appropriate compliance information.
  6. Assess and oversee the Bank’s adherence to federal, state, and internal Bank Secrecy Act (BSA) policies and procedures for confidentiality, cash transactions, due diligence, compliance, etc. Ensure that BSA staff member(s) maintain the BSA program to the highest standards of compliance.
  7. Manage the Bank’s registration through the National Mortgage Licensing System (NMLS); ensure that loan originators are registered and paid timely. Conduct related training for new hires and for information updates as necessary.
  8. Participate in the decision process for reporting suspicious activity as needed.
  9. Review advertisements and marketing material for compliance, prior to release, as required.

Qualification Requirements:

  • Bachelor’s Degree in Business, Finance, or related field, or equivalent education or experience
  • Ability to interpret regulations and laws and disseminate information.
  • Ability to organize and prioritize work and meet deadlines.
  • 12-15 years of banking and/or regulatory experience
  • Knowledge of regulations within the banking industry
  • Excellent interpersonal, organizational, written, and verbal communication skills

Preferred Qualifications:

  • Extensive experience in compliance, audit, IT, BSA, Enterprise Risk Management, Vendor Management, and loan review
  • Experience in commercial lending
  • Management experience

How to Apply for Chief Compliance Officer?

To apply for the Chief Compliance Officer – Banking job opening at Mountain Commerce Bank in Johnson City, TN, please follow the instructions below:

  1. Visit the Mountain Commerce Bank website or job board where the job opening may be posted.
  2. Look for the job posting for Chief Compliance Officer – Banking and review the job requirements and responsibilities to ensure that you meet the qualifications.
  3. Submit your application online by filling out the required information, uploading your resume and cover letter, and answering any additional questions.
  4. If your application is selected, you may be invited for an interview with the hiring team.
  5. If you are chosen for the position, you will receive an offer letter with details on compensation, benefits, and employment terms.

It is important to follow the application instructions carefully and provide all the necessary information to increase your chances of being considered for the position. Good luck!

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