Compliance Governance Director

This is a fully remote position, open to applicants in United States.

📋 Description

• Develop an oversight program for regulatory reporting, collaborating with operations, advisory, business units/partners, and IT to identify and address compliance gaps.

• Lead initiatives aimed at rectifying any gaps or deficiencies uncovered during internal reviews, audits, or regulatory examinations.

• Supervise and spearhead various task forces or discussion groups focused on compliance-related issues while formulating enhancement strategies.

• Create and execute a plan for establishing metrics and reporting mechanisms.

• Analyze data and prepare presentations for the Board, Management, and other relevant stakeholders.

• Develop, amend, and implement compliance policies and procedures across the Bank, addressing diverse compliance issues.

• Drive the strategy for enhancing the Compliance Risk Assessment, encompassing process management, risk, and control inventory management.

• Lead initiatives involving Compliance technology, overseeing relationship management and execution.

• Manage inquiries from external regulators and internal audit teams.

• Maintain comprehensive knowledge of applicable rules and regulations, including but not limited to Regulation E, Truth in Savings Act, Unfair, Deceptive or Abusive Acts or Practices (UDAAP), FACTA, Reg Z-Truth in Lending, Reg B-Equal Credit Opportunity Act, and the Fair Credit Reporting Act.

• Cultivate and sustain strong relationships with key stakeholders and team members.

• Deliver internal services in alignment with Coastal Core Values.

• Given the dynamic nature of our organization, additional duties may be assigned as required.

⛳️ Requirements

• Proficient in reading, analyzing, and interpreting governmental laws, regulations, and regulatory guidance.

• Strong investigative, problem-solving, and critical thinking abilities with a knack for providing feasible recommendations and solutions.

• Capacity to juggle multiple tasks and priorities to meet deadlines effectively.

• Ability to exercise independent judgment and conduct complex analytical work autonomously.

• Excellent verbal and written communication skills, with the capability to summarize issues, articulate complex concepts clearly, create reports efficiently, and engage with a variety of individuals across all levels of the department and the financial institution.

• Must demonstrate initiative, be a self-starter, possess exceptional organizational skills, and maintain a keen attention to detail and accuracy.

• Proven track record of establishing and maintaining effective relationships at all organizational levels.

• Advanced proficiency with standard computer applications, including the Windows Office suite, e.g., Microsoft Word, Excel, PowerPoint, and SharePoint.

🏝️ Benefits

• Medical Coverage: Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle.

• Health Savings Account (HSA): Available with eligible medical plans, offering tax advantages and employer contributions.

• Flexible Spending Accounts (FSA): Options for healthcare and dependent care expenses to help you save on out-of-pocket costs.

• Dental and Vision Insurance: Plans to keep you and your family smiling and seeing clearly.

• Life Insurance: Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.

• Long-Term / Short-Term Disability (LTD): Income protection in the event of a long-term illness or injury.

• Supplemental Benefits: Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most.

• 401(k) Retirement Plan: A competitive retirement savings plan with company matching to help you plan for the future.

• Paid Time Off: Generous vacation and sick leave policies to support your time away from work.

• Holidays: Enjoy 11 paid holidays throughout the year.