Chief Compliance Officer Job at Confidential, Franklin Park, IL

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  • Confidential
  • Franklin Park, IL

Job Description

Chief Compliance Officer

About the Company

Well-established community bank

Industry
Banking

Type
Privately Held

About the Role

The Company is in need of a Chief Compliance Officer to oversee and manage the day-to-day administrative, lending, and operational compliance activities. The successful candidate will be responsible for developing, implementing, and administering the company's Compliance Management Program, as well as serving as the Compliance Committee chairperson. This role involves maintaining a thorough knowledge of all relevant banking rules and regulations, conducting quality control reviews, and ensuring compliance with the Bank Secrecy Act, OFAC, and the Community Reinvestment Act. The Chief Compliance Officer will also be tasked with identifying and mitigating potential risk issues, verifying the accuracy of financial calculations, and overseeing various audits and examinations.

Applicants for the Chief Compliance Officer position at the company should have a Bachelor's degree and a minimum of 5 years of related experience in bank administration, compliance, and supervisory skills. Advanced knowledge of banking products, services, and relevant laws and regulations is essential. The role requires excellent organizational, time management, and communication skills, as well as the ability to handle complex problems and work independently. The Chief Compliance Officer will be expected to conduct training, prepare reports, and ensure that the company adheres to all policies and procedures. The ideal candidate is someone who is proactive in their professional development and is dedicated to the values and goals of the organization.

Travel Percent
Less than 10%

Functions

  • Finance

Job Tags

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