GreensboroRecruiter Since 2001
the smart solution for Greensboro jobs

Regulatory Compliance Specialist

Company: Carter Bank
Location: Greensboro
Posted on: September 19, 2022

Job Description:

POSITION TITLE: Regulatory Compliance Specialist


This position is eligible for a hybrid (combination of in-office and remote work) or full-time remote work schedule in the state of North Carolina, the state of South Carolina, or the Commonwealth of Virginia.


Assists in ensuring Carter Bank adheres to all state and federal legal and regulatory compliance requirements. This position will also assist the Compliance Director in developing, implementing, monitoring, and training to ensure that the employees, products and services, and processes used at the bank are effective in order to adhere to compliance requirements by state and federal regulations for financial institutions.


--- Follow the four pillars of the Compliance Program, detailing policy and procedures; Monitoring to self-assess the effectiveness of the bank's policies and procedures; Training which will be dictated by the periodical risk assessments and results from monitoring and external examinations; and a comprehensive Consumer Complaint Program

--- Serve as a primary contact to assist with day-to-day compliance questions by providing practical knowledge around consumer lending regulations

--- Identify and resolve issues and escalate to the Compliance Director as appropriate

--- Perform monitoring reviews and manage staff performing reviews as well as prepare applicable reports that outlines out of compliance situations and provide recommendations for improvements to correct and maintain compliance for the bank

--- Serve as compliance liaison for projects such as implementation of new software, forms, and processes that enhances the products and services we offer

--- Review and approve marketing materials

--- Implement regulatory change management plans as regulations change

--- Assist with the development and implementation of a Compliance Management Program as required for the bank to operate in accordance with FDIC acceptable standards

--- Serve as liaison with appropriate managers and staff to assist with implementation of Compliance policies and procedures

--- Coordinate/assist the Compliance Director with the Annual Review of bank policies and procedures to ensure they comply with prescribed banking regulations.

--- Assist the Compliance Director with implementation of the Risk-based Monitoring Program for bank products and services to assure that management receives periodic and timely feedback to maintain a high level of compliance

--- Serve as needed as a liaison for all external Compliance Audits and Examinations by Regulatory Agencies


--- Associate Degree or equivalent work experience preferred

--- Prior experience assisting in Regulatory Compliance area to complete monitoring type tests, reviews of transactions, and identify weaknesses in controls

--- Requires understanding of federal regulations including but not limited to HMDA, Flood, TILA, TRID, RESPA, SAFE Act, TISA, FCRA, EFT, Funds Availability and UDAAP

--- Good balance between regulatory, practical knowledge, and experience to advise others

--- Designation as Certified Regulatory Compliance Manager (CRCM) within 3 years


--- Strong verbal and written communication skills

--- Analytical skills

--- Ability to interact with all levels of the organization

--- Ability to work with minimal supervision

--- Attention to detail

--- Ability to perform effectively in fast-paced environment

--- Knowledge of Microsoft Office, especially Word, Excel and Outlook


--- Standing, walking, bending and stooping required

--- Must be able to sit at a desk for long periods of time and use a computer

--- Must be able to occasionally move or lift up to 10 pounds

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Carter Bank, Greensboro , Regulatory Compliance Specialist, Other , Greensboro, North Carolina

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest North Carolina jobs by following @recnetNC on Twitter!

Greensboro RSS job feeds