Compliance LOB Advisor--Consumer Deposits

3 weeks ago


Glen Allen, United States Atlantic Union Bank Full time

Compliance Lob Advisor--Consumer Deposits (Hybrid--Richmond, Va)The Compliance Lob Advisor shall be responsible for assessing regulatory risk within bank operations including deposit/lending functions, conducting regulatory reviews, and consulting with business units to ensure they develop and maintain adequate controls to address the risk appropriately while complying with applicable state and federal regulations and company policies.Position AccountabilitiesEngage as Compliance primary point of contact to 1LOD line of business unit, offering advice and guidance on the identification and remediation of regulatory risks and to serve as a credible effective challenge to the 1LOD.Perform consumer compliance reviews to assess performance, risks, internal controls and adherence to regulatory requirements specific to any area of the organization.Interpret, perform and provide research on compliance and regulatory questions impacting the bank's operations and performance.Identify risks, root cause, control weaknesses or gaps through regulatory reviews and work with management to correct deficiencies.Report results of reviews and feedback to management and business owners and recommend strategies to improve performance.Review, update and create (when necessary) relevant policies and procedures to ensure Compliance oversight for supported 1LOD areas.Provide Compliance oversight and participate in the development and implementation of new products, processes and initiatives within the 1LOD.Participate in the development and review of marketing campaigns and materials to ensure compliance and associated risks with advertising are addressed.Escalate and report any potential violations of law or regulations to 1LOD Management and the Compliance Manager.Work with Compliance Manager to maintain, enforce, and strengthen Atlantic Union's Compliance Program.Engage with other Compliance teammates and Enterprise Risk Teammates to ensure complete risk identification and remediation plans.Stay abreast of changes to federal and state banking laws and regulations affecting product offerings and areas of operations at Atlantic Union; inform management of impacts of changes.Assist with research, dissemination and implementation of new and updated regulatory requirements.Adhere to all applicable laws and regulations governing bank functions, including compliance with Atlantic Union Compliance Program and associated policies and procedures.Assist with development, review, publishing and delivery of compliance related training materials.Obtain necessary training to keep current on regulatory compliance and bank functions.Assist Compliance Manager with coordination and preparation for Regulatory exam; working with examiners as needed.Assist with addressing consumer complaints received from regulatory agencies.Performs other duties as assigned.Organizational RelationshipThis position reports to the Compliance Advisory ManagerPosition QualificationsBachelor's Degree preferredFive plus years industry banking experience to include; lending, deposits, banking operations, and commercial.Certification as a Certified Regulatory Compliance Manager (CRCM) preferredKnowledge & SkillsAnalytical skills, particularly with trending and reportingDemonstrated knowledge of federal and state banking laws and regulations.Demonstrated understanding of Compliance Management and Regulatory Best Practices.Excellent communication skills, both verbal and written.Well organized with attention to detailAbility to manage multiple prioritiesFlexible, able to adapt to changeSuperior time management and problem solving skillsAbility to work independently as well as within a team environmentAdvanced knowledge of Microsoft Office softwareWorking knowledge of banking software programs preferredSalary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits.We are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.



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