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Retail Deposit Compliance Manager

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Long Island, NY
$100,000 - $110,000
Job Type
Direct Hire
Dec 05, 2016
Job ID


Assists the Compliance Officer with the overall management of the Bank's compliance program by ensuring an effective, risk based Compliance Monitoring Program. Will be the compliance representative for special projects and provide guidance to retail deposit and lending business units with respect to ensuring adherence with the requirements set forth under federal and state laws and regulations.




  • Assist the Compliance Officer in identifying risks and emerging issues pertinent to the Company's retail deposit and lending products and services in all states by keeping abreast of all related federal and state laws, regulations, rules and/or guidance
  • Act as the compliance representative and provide compliance related guidance on assigned Bank projects (i.e., new products/services, system conversions, due diligence reviews, acquisition teams)
  • Review and test the Company's compliance with applicable law; make recommendations as necessary to improve/enhance the Company's compliance posture; and provide reporting on the Company's compliance with applicable law.
  • Assist the lines of business in implementing remedial action, including administering compliance training, for any compliance issues noted in conjunction with the compliance monitoring and perform periodic follow-up for outstanding compliance issues and assist in ensuring that management is rectifying any such issues.
  • Assist the business areas with compliance related issues encountered during the development and implementation of new products and services.
  • Develop and review Bank disclosures and agreements associated with the implementation of new products and services to ensure compliance with applicable federal and state laws and regulations.
  • Perform testing to ensure that products and services implemented adhere with newly developed/ revised disclosures and agreements.
  • Review all policy/procedure updates implemented as a result of changes to products and services to ensure that they accurately reflect controls over compliance related functions.
  • Provide guidance to compliance staff regarding the functionality of new/revised products and services to facilitate the review of any Bank advertisements, as well as the execution of compliance monitoring reviews pertaining to new/revised products and services to ensure adherence with federal and state requirements.
  • Provide on-going assistance to business unit management in building compliance into the Banks' retail and lending processes, products and systems.
  • Maintain a collaborative alliance with the Regulatory Change Management Compliance Manager to ensure that appropriate risks identified are communicated so that the compliance program is adequately managed.
  • Participate in federal and state compliance examinations as directed by the Compliance Officer. Performs special projects, and additional duties and responsibilities as required.
  • Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.




  • Bachelor's degree required, preferably in Finance or Business.
  • 5 - 10 years relevant experience in Financial Services Industry or as a Regulator, with an emphasis on consumer compliance laws and regulations.
  • Comprehensive understanding of all federal and state bank compliance regulations related to retail deposit (D, E, DD, CC, UDAAP, CAN-SPAM and Privacy) and lending products and services (i.e.: B, C, U, X, Z, Flood Insurance, HOEPA and UDAAP)
  • Proficient in Microsoft Office suite software
  • Excellent leadership skills and the ability to supervise and provide direction to staff

Unless noted above, applicants MUST be authorized to work in the US without Visa Sponsorship. US citizens and Green Card holders ONLY. We do not provide relocation assistance for those living outside the continental US. Please only click apply if you meet the specific requirements of the job listing, you are able to work in the location listed, and are comfortable with the salary range indicated above. Thanks for your interest. We look forward to working with you.