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Posted March 24, 2024

Chief Compliance & Risk Officer - Lake Oconee

BankSouth
Greensboro, NC Full Time
Reference: BankSouth193119

Description: BankSouth seeks a qualified Chief Compliance & Risk Officer for the BankSouth enterprise (including both BankSouth and our wholly-owned...

Description:

BankSouth seeks a qualified Chief Compliance & Risk Officer for the BankSouth enterprise (including both BankSouth and our wholly-owned subsidiary, BankSouth Mortgage). This role will:

  • Ensure a comprehensive Compliance Management System (CMS) and Enterprise Risk Management (ERM) program are in place and operating effectively
  • Serve as a member of the executive management team for BankSouth to provide leadership to help shape the vision and set strategic direction for the organization
  • Facilitate risk management and compliance with applicable laws and regulations across the organization
  • Provide oversight of education, training, tools, resources, and other mechanisms that promote a culture that fosters ethical and compliant behavior and that also provides the basis for ensuring adequate internal controls are maintained to effectively mitigate risk to acceptable levels
  • Serve as the Community Reinvestment Act (CRA) Officer, chair of the CRA Management Committee for the bank and provide ERM reporting & recommendations for senior management and the board of directors.
  • Provide leadership and supervision of the compliance and risk functions at BankSouth Mortgage including regulatory compliance, quality control for production, servicing, appraisal management, and risk management functions
  • Serve on both the BankSouth Mortgage Compliance Committee and Secondary Market Risk Management Committee
  • Act as primary liaison to regulatory agencies and auditors for compliance examinations and audits, ensuring prompt provision of requested materials, and responding to questions and needs for additional information; ensure prompt remediation of issues identified is conducted and documented
  • Assess resource needs, including staffing resources, for the organization and recruit, coach, develop, supervise, and retain compliance and risk team members at both BankSouth and BankSouth Mortgage

Qualifications:

Our selected candidate will have:

  • A bachelors or higher degree in business, finance, public policy, or related field is strongly preferred, but substantial years of compliance management and/or regulatory experience with proven ability will be considered
  • Ten or more years of banking experience, preferably in compliance and/or risk management managerial level role, possessing effective regulatory change management experience that ensures implementation of new or changed regulatory requirements within mandated timeframes
  • Expert level knowledge of banking regulations and regulations governing residential mortgage origination and servicing ; ability to communicate effectively at all levels of the organization in both written and oral presentations; strong analytical and problem-solving skills with demonstrable success at prior organizations; be capable of working with and providing effective leadership to cross-functional teams within the organization with a strong ability to lead through indirect influence; be able to think and act both strategically and tactically.

Professional certification as a Certified Regulatory Compliance Manager (CRCM) and Certified Enterprise Risk Professional (CERP) is strongly preferred. Other related professional certifications will be positively considered.

BankSouth is an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity, disability, or veteran status.

This listing expired on Apr 23. Applications are no longer accepted.

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