Compliance Officer

Role Overview

The Compliance & CRA Officer will oversee the bank’s regulatory compliance framework and ensure adherence to the Community Reinvestment Act (CRA). This position is ideal for a compliance professional with experience in financial services who thrives in a regulated environment and enjoys working cross-functionally with senior leadership, regulators, and internal teams.

The individual will serve as a trusted advisor, trainer, and compliance leader—developing policies, monitoring activities, conducting audits, and driving initiatives that align with both regulatory expectations and the bank’s long-term goals.

Key Responsibilities

• Compliance Leadership: Develop, implement, and continuously update compliance policies and procedures to ensure adherence to banking laws and ethical standards.
• Regulatory Oversight: Monitor federal and state regulatory changes, incorporating them into compliance practices and risk assessments.
• CRA Program Management: Lead the bank’s CRA initiatives including preparation of public disclosures, CRA reporting, and staff training on CRA obligations.
• Training & Guidance: Educate staff and leadership on laws, regulations, and internal policies through structured training programs, workshops, and compliance resources.
• Audits & Risk Assessments: Conduct regular internal audits, compliance reviews, and investigations; prepare detailed reports and recommend corrective actions.
• Cross-Functional Collaboration: Partner with internal departments to address compliance issues, streamline investigations, and maintain governance standards.
• Regulatory Interface: Act as the liaison with external regulators and auditors, preparing responses, certifications, and compliance documentation.
• Continuous Improvement: Monitor the effectiveness of the compliance program, implementing enhancements to strengthen risk controls and regulatory performance.
• Training Documentation: Maintain thorough training records, attendance logs, and compliance evidence for internal reporting and regulatory audits.

Qualifications

• Bachelor’s degree in Finance, Business, or related field (JD or CRCM credential preferred).
• 5–10 years of compliance experience in banking or financial services.
• Strong knowledge of U.S. banking regulations, including CRA requirements.
• Expertise in risk assessment, governance, and internal control frameworks.
• Excellent written and verbal communication skills, with the ability to interact effectively at all organizational levels.
• Strong leadership skills with the ability to influence, guide, and support compliance adherence.
• Proficiency in Microsoft Office and banking-related compliance tools/software.
• High level of integrity, confidentiality, and attention to detail.

Work Environment

• Professional office setting with standard technology and resources.
• Occasional travel for regulatory meetings, training sessions, and industry conferences.

Job Type: Full-time

Pay: $120,000.00 - $180,000.00 per year

Benefits:

• Relocation assistance

Work Location: In person