Head of Compliance Policies and Procedures – Officer Level

Head of Compliance Policies and Procedures – Officer Level
Long Island City, NY

General Description

The Head of Compliance Policies and Procedures will be responsible for working with the Compliance Risk Assessment Officer and the Head of Compliance Testing to ensure that all Compliance Department policies and procedures reflect the laws and regulations pertinent to the Bank and the products and services offered. Additionally, the Head of Compliance Policies and Procedures will be responsible for being the liaison with the business lines and will help to establish adequate policies and procedures, including documenting pertinent controls, relating to the products and services offered bu the Bank. The Head of Compliance Policies and Procedures will be responsible for advising on all areas of the Bank relating to general corporate compliance when and where necessary

Essential Duties and Responsibilities:

• Evaluating all existing Compliance Department policies and procedures, including relevant manuals and providing updates as appropriate.
• Establish additional Compliance policies and procedures as necessary.
• Work with the Compliance Risk Assessment Officer and the Head of Compliance Testing to determine deficiencies in business line policies and procedure
• Evaluate business line policies and procedures as they relate to legal or regulatory compliance.
• Assist the business lines in updating policies and procedures to include documented controls relevant to the laws and regulations applicable to the Bank.
• Assist the Compliance Training Officer in determining targeted training necessary for business lines.
• Work with the Legal Department to ensure that all necessary regulatory changes to Bank wide policies and procedures are incorporated in a timely manner.

Additional Duties and Responsibilities

• Issue reports to the Acting CCO and senior management on the status of Compliance and business line policies and procedures identifying areas of concern
• Document and track all necessary changes to policies and procedures.
• Assist the Head of Compliance Testing in developing a process to update testing plans when regulatory changes occur or new products or services are offered.
• Attend appropriate industry training to keep abreast of current regulatory expectations.

Skills, Education and Experience

• Bachelor’s degree and minimum 7 years industry experience with general financial institution compliance related activity. CRCM or other industry designation a plus.
• Excellent written and verbal communication skills
• Understanding of commercial banking and retail banking and laws and regulations applicable to both.
• Possess strong analytical thinking and critical reasoning skills with a strong attention to detail.
• Self-motivated with the ability to work independently.
• Ability to effectively handle and successfully meet established deadline requirements.

Apple Bank offers Medical/Dental, Vision, 401k and Tuition Reimbursement to full time employees.

We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.