Compliance Officer

Position Summary:

This position reports to the President of Resource Bank and is responsible for the general overall administration of the compliance program. 

Essential Functions:

• Develop and maintain an in-depth, current understanding of Bank products and activities in respect to the applicability of legal/regulatory requirements. 
• Attend Board of Director’s Meeting (Audit-Compliance Committee) to present policies and procedures for Board approval and discuss compliance issues, as well as provide compliance training to the Board of Directors.
• Research regulatory reference materials and obtain advice from regulatory agency staff, legal counsel or industry group professionals to answer compliance related questions from management.
• Develop, evaluate, review and revise all compliance risk management programs and policies and procedures. 
• Coordinate and review all compliance audits, and report their results to the Audit-Compliance Committee.
• Develop Compliance Training Program to address compliance policies and procedures, as well as all applicable U.S. laws and regulations. 
• Coordinate Compliance and CRA regulatory agency examinations.
• Review all advertisements, brochures, lobby notices, signs and other promotional materials prior to printing to ensure their compliance with regulations.
• Provide appropriate compliance solutions to enhance the Bank’s ability to meet its goals and objectives.
• Oversee the Loan Documentation Review and BSA functions of the Bank.
• Act as the Community Reinvestment Act Officer for the Bank.  

Education and Experience:

Bachelor's Degree with Accounting or Finance emphasis preferred.  Have extensive (five plus years) experience in Compliance in a banking environment with progressive management experience. CRCM preferred.   

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