VP, Consumer Compliance & CRA Officer

Job Title

VP, Consumer Compliance & CRA Officer

Banesco USA is seeking a VP, Consumer Compliance & CRA Officer for our BSA & Compliance Department.

Primary Job Duties:

• Responsible for the Consumer Compliance program of the Bank ensuring compliance with the regulations.
• Responsible for developing and updating compliance policies and procedures and revise as necessary.
• Follow up on audit findings and ensure corrective action.
• Reporting compliance activities and audit/review findings to the Consumer Compliance Committee.
• Maintain open communication to interact with all departments.
• Conduct on-going compliance monitoring and reviews.
• Monitor consumer complaints and report to the Consumer Compliance Committee.
• Attend seminars to receive ongoing training and be informed of regulatory changes related to Consumer Compliance Regulations and Community Reinvestment Act (CRA).
• Attend the annual three (3) day FBA Association Consumer Compliance Conference, and South Florida Compliance Association seminars to keep up to date on current regulatory updates.
• Register and attend FDIC Workshops when scheduled.
• Responsible for gathering and reporting the CRA activities and credits associated with different loan, investment and service activities to the Compliance Committee on a periodic basis.
• Advises Executive Management of emerging CRA and HMDA issues to ensure the Bank meets the needs of the community and attains CRA compliance goals.
• Work with the Bank's approved CRA external professional, to ensure proper updates to the procedures and regulations are being implemented and followed correctly.
• Responsible for any regulatory exam and/or audit associated with the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA).
• Responsible for maintaining and updating the CRA public report.
• Coordinates with the Branches to ensure proper regulatory CRA and HMDA notices are posted and sent to customers.
• Reviews and approves all advertisements and notices for customers coordinating with marketing and other departments.
• Establish, participate, and maintain relationships with community based, charitable, and non-profit organizations.
• Develops, administer and change and Bank forms to ensure the proper use of notices and that they are updated to comply with changes.
• Responsible for the development of Compliance training materials for Banesco USA's personnel and Management.
• Responsible for development of consumer compliance training for employees, should be specific, comprehensive training that directly affect their job responsibilities.
• Responsible for the training of the Board of Directors on consumer compliance trainings.
• Responsible to develop, review and/or provide responses to auditors and regulators both verbal and/or written as needed.
• Performs other tasks as required.
• Responsible for completing annual training program assigned other than Consumer Compliance,
• Performs other functions and/or duties as assigned.

Job Requirements:

• Education: Bachelor's degree in Business Administration or equivalent work experience.
• Experience: Seven (7) years of experience in the Consumer Compliance in a financial institution.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
• Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
• Strong verbal and written communication skills, ability to communicate at all levels of the organization.
• Strong attention to detail and accuracy.
• Ability to multi-task, with strong organization, time-management and prioritizing skills.
• Strong customer service skills, ensuring satisfaction of internal and external customers.
• Problem solving and analytical skills in order to identify problems.
• Advance knowledge of related State and Federal banking compliance regulations and operational policies.
• Knowledge of related state and federal banking BSA/ AML regulations.
• Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank's policies and procedures.
• Ability to present to Executive Management and Board Members as well as train employees as necessary of updates in regulations.

Benefits & Perks

• Competitive base salary.
• Paid time off.
• Hybrid schedule.
• 401k with employer match.
• Tuition reimbursement.
• Paid parental leave.
• Medical, Dental, Vision.
• Life Insurance.
• Supplemental Insurances.
• Short-Term & Long-Term Disability Benefits.
• Free parking.
• On-site Cafeteria.

About Us

Banesco USA is part of Banesco International, a worldwide group of financial institutions with presence in 6 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today's world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.

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