The Compliance Officer will be responsible for the following:Establish and maintain the bank's Compliance Management System (CMS). Ensure compliance with Bank Secrecy Act (BSA), Fair Credit Reporting Act (FCRA), and Anti-Money Laundering (AML) laws. Develop and enforce policies and procedures to comply with banking and consumer protection laws. Conduct regulatory research and implement necessary policy changes. Manage the implementation of new state and federal regulations. Initiate and conduct ... more details
Contract Role located in Midtown New York City.
Long-Term Contract with Opportunity to Extend/Convert to Full-Time.
About Our Client
Our client is a community-focused financial institution offering a range of banking services including personal and business banking, mortgages, and investment products. With a strong emphasis on customer service and community involvement, our client aims to meet the diverse financial needs of its clients while maintaining high standards of integrity and trust.
Job Description
The Compliance Officer will be responsible for the following:
Establish and maintain the bank's Compliance Management System (CMS).
Ensure compliance with Bank Secrecy Act (BSA), Fair Credit Reporting Act (FCRA), and Anti-Money Laundering (AML) laws.
Develop and enforce policies and procedures to comply with banking and consumer protection laws.
Conduct regulatory research and implement necessary policy changes.
Manage the implementation of new state and federal regulations.
Initiate and conduct investigations into non-compliance issues, determining root causes and corrective actions.
Coordinate internal and external audits and examinations, providing support to auditors and examiners.
Generate comprehensive management reports and maintain accurate compliance documentation.
Lead compliance testing and develop corrective action plans.
Provide training and guidance to bank staff on compliance-related matters and regulatory changes.
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant
The Compliance Officer should have the following background:
College degree (2-4 year) in finance, law, business, or a related field.
3-5 years of direct experience as a Compliance Officer at a Bank or Financial Services Institution.
Expertise in Bank Secrecy Act (BSA), Fair Credit Reporting Act (FCRA), and Anti-Money Laundering (AML) laws.
Working knowledge of banking consumer protection laws and regulations, especially in mortgage, fair lending, and depository services.
Experience with testing, corrective action plans, and management reporting.
Strong written and verbal communication skills.
Strong project management skills.
What's on Offer
The offer for the successful Compliance Officer candidate includes a competitive hourly pay rate plus benefits for the duration of a contract role located in Midtown New York City. This contact role has opportunity to convert to a Permanent position.
Job Abstracts is an independent Job Search Engine. Job Abstracts is not an agent or representative and is not endorsed, sponsored or affiliated with any employer. Job Abstracts uses proprietary technology to keep the availability and accuracy of its job listings and their details. All trademarks, service marks, logos, domain names, and job descriptions are the property of their respective holder. Job Abstracts does not have its members apply for a job on the jobabstracts.com website. Additionally, Job Abstracts may provide a list of third-party job listings that may not be affiliated with any employer. Please make sure you understand and agree to the website's Terms & Conditions and Privacy Policies you are applying on as they may differ from ours and are not in our control.
We would like to take a second to Welcome You to Job Abstracts, the nation’s largest Pure Job Board. With over 3.1 million job listings from 15,000+ Companies & Organizations, we help job searchers find careers that match their interests. As an anonymous user, you have probably discovered how easy our system is to use. However, you have just scratched the surface of what we can offer.
We encourage you to Register so you can use our most powerful features: searching with multiple terms, setting up multiple locations, establishing favorite companies, and accessing your search history. If you find a job you like, you can apply directly for it, and then, keep notes on it. We will also keep a lookout for jobs that match your search terms and email you when we find something you may like.
You can register for free and the system is free to use. If you like our system so far, click on Register and unlock the power required by serious job searchers.
Any time you conduct a search, the system shows you job matches, ranked by their Relevance Score (RS).
The score is calculated by a proprietary algorithm that uses Intelligent Machine Learning.
The Relevance Score tells you how well the job opportunity matches your search term or terms.
When not logged in, the system is limited to one search term. Scores for single term matches are usually lower.
When you register, log in, and set up multiple terms prioritized by importance, the jobs found for you will receive a much higher Relevance Score.
