Join the World's Top Legal Talent Network

Overview

This position consistently monitors federal/US State regulatory sources to identify regulatory changes applicable to the Bank. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards. Maintains a foundational knowledge of new and existing laws that impact enterprise activities. Interfaces with internal Compliance, legal (as necessary), and business unit partners to in order to clarify regulatory applicability and recommend necessary changes. Utilizes Archer GRC Framework to facilitate the Regulatory Change Management Program. Reviews business processes, procedures, and activities for risk remediation and compliance with existing and newly changed regulations. Assists internal and external audits. Develops and implements new, compliant policies as appropriate. May assist in drafting programmatic documents as appropriate and ensures the legal, operational, and risk management compliance of the Bank.

• This position can work remote from anywhere within the United States.

Responsibilities

• Compliance Improvement - Analyzes external laws and regulations as well as internal processes and systems. Aids the development and revision of policies, procedures, services, products, and systems that support regulatory compliance. Communicates changes to business partners and supports implementation of necessary changes to impacted business areas. May assist special projects or related business initiatives.
• Business Support - Serves as a liaison between business units, examiners, regulators, auditors, legal and corporate compliance during compliance examinations. Tracks, investigates, and resolves issues which may involve system testing or direct consumer complaints. Recommends process and operational improvements that enhance efficiencies and reduce risk. May provide technical support to business programs, systems, or vendors throughout daily activities.
• Reporting - Prepares reports for management on results of compliance reviews, legal changes, or new regulations. Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups.
• Compliance Expertise - Maintains a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serves as a resource to management and associates on compliance-related matters.

Qualifications

• Bachelor's Degree and 4 years of experience in Compliance, Legal, Audit, Banking or other related experience OR High School Diploma or GED and 8 years of experience in Compliance, Legal, Audit, Banking or other related experience

Preferred Qualifications

• JD Preferred with legal research skills or law background

The base pay for this position is relative to your experience but the range is generally $88,000 to $140,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.