Senior Compliance Officer

We employ 56,100 people across underwriting, claims, actuarial, IT and customer service. Commercial lines, personal lines and specialty programs are run as separate business units. Hail season means long days for field adjusters.

The role:

The Senior Compliance Officer monitors and tests compliance with banking regulations at a community bank with $2.5B in assets and 30 branches. Our team is spread across 12 countries. Headquarters is in San Jose. Contract role, full-time hours, paid in USD at the end of each month. You will need at least 3 hours of overlap with US Pacific time. Please make sure you have dependable internet and backup power.

Key responsibilities:

• Perform enhanced due diligence reviews on higher-risk accounts.
• Track regulatory changes and assess their effect on products and processes.
• Test branch and lending processes against policy and regulation.
• Train employees on annual compliance topics and new rules.
• Write and update compliance policies and procedures.
• Advise managers on regulatory questions in day-to-day operations.
• Maintain the compliance risk assessment.

Qualifications:

• 5+ years of compliance, audit or risk experience in banking or financial services.
• Strong writing for policies, findings and board reports.
• Sound judgment and the confidence to escalate.
• Organised, with a careful approach to documentation.
• Working knowledge of BSA/AML, OFAC and consumer lending regulations.
• Bachelor's degree in business, finance or a related field.

Preferred:

• CAMS or CRCM certification.
• Fair lending (HMDA, CRA) experience.

Perks and benefits:

• Company laptop.
• Paid time off.
• Annual rate review.

Duration: 6 months. Start: Immediately.

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