Compliance Officer

Our lending business funds equipment, vehicles and working capital for small and mid-sized companies across the US. Compliance reviews outgoing client email, so expect to write carefully.

The role

The Compliance Officer monitors and tests compliance with banking regulations at a community bank with $2.5B in assets and 30 branches. The company is based in Virginia Beach, the US. The team is distributed across several countries. Employment is through our payroll partner in Romania. Salary is paid monthly in local currency. You will need at least 4 hours of overlap with US Eastern time.

What you'll do

• Coordinate regulatory exams and audit requests, and follow findings to closure
• Write and update compliance policies and procedures
• Perform enhanced due diligence reviews on higher-risk accounts
• Investigate customer complaints that raise compliance issues
• Track regulatory changes and assess their effect on products and processes
• Vet new products, marketing materials and disclosures before launch
• Review suspicious activity alerts and prepare SAR filings within deadlines
• Maintain the compliance risk assessment

Required qualifications

• 3-5 years of compliance, audit or risk experience in banking or financial services
• Familiar with AML monitoring systems such as Verafin or Abrigo
• Experience with regulatory exams (FDIC, OCC, Federal Reserve or state regulators)
• Strong writing for policies, findings and board reports
• Working knowledge of BSA/AML, OFAC and consumer lending regulations

Compensation: RON 16,500 - RON 19,500 per month

What we offer

• Public holidays observed per your country
• Paid parental leave
• 20 days paid time off
• Company laptop
• Annual learning budget
• Wellness allowance

Start: Within 30 days.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Ryeloft Lending.