Compliance Manager (Finance)

Job Summary

The Compliance Manager is responsible for overseeing and maintaining the Bank's regulatory compliance program in accordance with regulatory requirements, supervising a team of compliance professionals, and preparing regular reporting to management and the Bank's Audit Committee.  

Key Responsibilities / Essential Functions

• Manage maintenance of the bank's schedule for all compliance tests, monitoring activities and risk assessments; reported to the Audit Committee as needed.
• Manage and execute all compliance tests, monitoring activities, and risk assessments, with resulting management reports for distribution to management and the Audit Committee.
• Execute, manage, and validate all regulatory changes, with detailed documentation evidencing the scope of the implementation.
• Oversee regulatory exam preparations, including responses to and fulfillment of examiner requests prior to and during the examination.
• Serve as a point of contact for compliance examinations and audits, with frequent updates to Compliance Department leadership.
• Oversee the Bank's compliance training program, including assignment requirements of computer-based training courses, and maintain documentation to support bank-wide compliance training efforts sufficient to meet regulatory expectations.
• Manage oversight of processes for the scrubbing and reporting of HMDA, CRA and other data required by regulation.
• Review complaint activity reports to ensure that complaints with compliance exposure are sufficiently resolved, and to note trends indicative of emerging compliance risks that require mitigation. 
• Coordinate collaboratively with other departments about strategies to direct community development resources to appropriately address any gaps identified through CRA, fair lending, or redlining analysis.
• Oversee processes for the review and approval of all bank marketing and advertising to ensure compliance with advertising regulations.
• Assist the Bank's Compliance Department leadership with compliance management strategy, planning, and special projects.   
• Maintenance of strong relationships with all lines of business, providing compliance support, consulting on process, form, and system changes, and answering compliance questions as needed.
• Coach and develop compliance team members to maximize the effectiveness and efficiency of the compliance management team.
• Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.
• Complete all mandatory annual compliance training.
• Perform other duties and special projects as assigned.
• Maintain confidentiality and security of sensitive information.
• Provide leadership of assigned team, lead efforts in recruitment, interviewing, and training employees, plan, assign, and direct departmental work.
• Coordinate interdepartmental goals to ensure alignment with company goals and vision.
• Coach and provide ongoing performance feedback to employees, set realistic and measurable performance goals, and ensure employees have appropriate professional development opportunities. Effectively manage performance and assist employees to meet established company standards and expectations.

Note that oversight of the Bank Secrecy Act, OFAC, and CIP programs are not included in the scope of these job requirements, and those programs are the responsibility of the Bank's BSA Officer.

Job Requirements:

Education:

• High school diploma or equivalent required.

Required:

• 6+ years of experience in a compliance team at a bank with > $1 billion in assets required, including bank compliance management experience.
• Maintenance of Certified Regulatory Compliance Manager (CRCM) certification and related continuing education.
• Familiarity with compliance resources and methods for researching regulatory requirements, pending legislation, regulator communication, and industry best practices.
• Extensive knowledge of compliance testing and monitoring methods, including the use of data analysis software for CRA, fair lending, and redlining compliance.
• Ability to communicate clearly and effectively, including compliance reports, live training events, presentations, and group discussions.
• Proficient in Microsoft Office products.

Preferred:

• Bachelor's degree in a related field.

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization. 

Work Environment, Physical Requirements  

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.  HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move around their office to attend meetings and to access files, machinery or other job-related tools.

DISCLAIMER:  HomeTrust Bank is an evolving company.  As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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