Overview
We are looking for an experienced compliance professional to take on a key role in our Governance, Strategy and Programs Office oversight function. This role will be crucial in shaping and implementing best practices to enhance First Citizens Bank's compliance programs by managing non-technical projects and initiatives.
The Compliance Officer II will be responsible for developing and managing various Compliance Program activities, including special projects and cross-functional initiatives, from start to finish. This position provides complex support and expertise to compliance programs through research, data gathering, and executing internal procedures. The ideal candidate should have hands-on experience in project and program management and possess the ability to build effective relationships with both internal and external stakeholders. Strong interpersonal skills, clear communication, and consistent actions will be essential for establishing trust and credibility.
Want more jobs like this?
Get jobs in Chapel Hill, NC delivered to your inbox every week.
Key responsibilities include recommending improvements to current processes, plans, and controls to support the achievement of compliance objectives. Experience with regulatory examination and audit remediation management activities is required, along with a strong working knowledge of banking regulations, especially those applicable to large financial institutions. Additionally, this position may involve overseeing the work of less experienced analysts within the team or serving as a resource for risk management.
This is a remote role that may be hired in several markets across the United States.
Responsibilities
- Compliance Improvement - Serves as a subject matter expert that interprets new or existing laws, rules and regulations which are complex and multi-layered. Communicates changes to business partners and supports implementation of necessary changes to impacted business areas. Establish working groups and lead & coordinate meetings with the key stakeholders across three lines of defense in the bank. Proactively identify ways to improve compliance program and support the leadership on the enhancement needs through special projects.
- Business Support - Serves as a liaison between the examiners, regulators, auditors, legal and corporate compliance during compliance examinations. Support coordination of regulatory exams/requests related to Compliance with the regulatory affairs groups from start to finish, including preparing and conducting in-depth sessions, creating meeting materials, ensuring the quality control of deliverables, and coordinating and reviewing information received from teams within or outside of compliance. Work closely with the owners of regulatory/internal audit issues to develop project plans for the finalized remediation plans and ensure timely and accurate delivery of products to avoid any overdue items or failed validations.
- Reporting - Develops reports and provides periodic updates on the compliance program's non-technical project/remediation/enhancements activities. Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups.
- Compliance Expertise - Maintains expertise and stays updated about current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serves as a resource to management and business unit leaders on compliance-related matters.
- Bachelor's Degree and 6 years of experience in Compliance, Legal, Audit, Banking OR High School Diploma or GED and 10 years of experience in Compliance, Legal, Audit, Banking
Preferred Quaifications
- Project Management experience
- Strong working knowledge of Word, Excel, PowerPoint, Microsoft Teams, and SharePoint
- Familiarity with Archer / Workiva tools and workflows
- Certified Regulatory Compliance Manager ("CRCM"); or Project Management Professional (PMP)
This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.
The base pay for this position is generally between $94,000 and $150,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits