Confidential
Head of Compliance and Community Reinvestment Act
Confidential, Schaumburg, Illinois, us, 60159
Head of Compliance and Community Reinvestment Act
About the Company
Join a well-established banking and financial services firm committed to excellence.
Industry
Banking
Type
Privately Held
About the Role
We are seeking a dynamic Head of Compliance and Community Reinvestment Act (CRA) to lead and enhance our compliance and CRA initiatives. The successful candidate will play a vital role in overseeing daily compliance operations within the organization, ensuring adherence to regulations, and managing our Compliance Management Program. You will Chair the Compliance Committee and ensure that we meet our CRA goals effectively.
Your responsibilities will include:
Staying well-informed about banking regulations and compliance standards.
Conducting quality control reviews across compliance areas.
Identifying potential risks and developing strategies to mitigate them.
Overseeing audits and ensuring compliance training for all staff members.
Building and maintaining relationships with community organizations.
Ensuring accuracy in compliance-related reporting and calculations.
If you possess a Bachelor’s degree and a minimum of 5 years' experience in banking administration, compliance, or a supervisory role, we invite you to apply. Advanced knowledge of banking products, services, and pertinent laws is essential. The ideal candidate will demonstrate exceptional organization, time management, and communication skills while being proactive, detail-oriented, and capable of addressing complex issues independently.
Travel Percent
Less than 10%
Functions
Finance
Operations