Deputy Compliance Officer

Office Status: 100% Remote

Salary: $160,000 – $200,000

Responsibilities:

• Assist the Chief Compliance Officer in developing and implementing compliance policies and procedures that align with regulatory requirements and the company’s business objectives.
• Monitor and assess the effectiveness of the company’s compliance program, and recommend improvements as necessary.
• Oversee the development and implementation of the company’s compliance governance framework, including policies, procedures and internal controls.
• Manage Corporate Compliance program; monitor, assess and report on the effectiveness of the branch’s corporate compliance program, including identifying and assessing compliance risks, and recommend improvements as necessary.
• Ensure that the company’s employees are aware of and trained on compliance policies and procedures.
• Work closely with the business lines to identify and assess compliance risks associated with new products, services, or activities.
• Investigate and resolve compliance-related issues, and escalate issues to the Chief Compliance Officer when necessary.
• Conduct periodic compliance assessments and audits to identify potential areas of non compliance, and recommend corrective actions.
• Provide guidance to bank management on matters of compliance and regulation.
• Prepare and submit regulatory filings, reports, and disclosures as required by applicable laws and regulations.
• Perform second-level alert release from Sanction Screening system, when required.
• Manage quality assurance program and ensure remediation of identified issues.
• Manage and mentor the compliance team to ensure high levels of performance and engagement.
• Keep abreast of regulatory changes and industry developments, and assess their impact on the company’s compliance program.