Location: Baltimore, MD
Company: CFG Bank
to ensuring a diverse and inclusive workplace, and all employment decisions are based on merit, qualifications, and business needs. If you require accommodations during the application process, please contact Human Resources. LOCATION CFG Corporate Office DESCRIPTION COMPANY SUMMARY: We provide comprehensive commercial, personal, and online banking solutions to businesses in the Mid-Atlantic region and the national healthcare market.
Our culture is characterized by authenticity, entrepreneurship, and compassion. We defy conventional banking norms with a bold and innovative approach, venturing into new territories and executing groundbreaking deals. Recognized as the Best Place to Work
by the Baltimore Business Journal in both 2022 and 2023, our #1 goal is to make people feel that working here was the best decision they have made. Join us at CFG, where your bold, entrepreneurial, and tenacious spirit will thrive, and together we will achieve success and make a lasting impact.
POSITION SUMMARY : The Assistant Compliance Officer supports the Compliance Officer in administering, testing, reporting, and disseminating Compliance-related information. This role is pivotal in providing advisory services, executing monitoring, and enhancing the Bank's Compliance Management Program. Additionally, this position involves serving as a subject matter expert, collaborating with business
units, and ensuring effective procedures and controls. ESSENTIAL DUTIES AND RESPONSIBILITIES: Provide advisory services to business lines, execute monitoring, support reporting needs, and continuously look to enhance the Bank's Compliance Management Program.
Assist in the implementation and execution of the Compliance Management Program as the second line of defense, which includes but is not limited to activities such as: Serving as a subject matter expert for Regulatory Compliance matters Collaboration with and advising business units on transactional, processes, control design and development, inquires to comply with applicable laws and regulations including any new or changed products and services Assisting in the development, maintenance, and monitoring of effective procedures and controls related to the Compliance Management Program Collaborating with business units on the implementation of regulatory changes and providing guidance/support on projects and process enhancements Preparation of reporting on applicable program components and metrics Assisting in the coordination of audit and exam materials Assist in the development of training program(s) materials.
The Assistant Compliance Officer will be expected to perform all other duties as assigned (job duties may be added from time to time by the employer in its sole and absolute discretion).
QUALIFICATIONS AND REQUIREMENTS: Five or more years in financial regulatory compliance. Demonstrable experience understanding, applying, and advising on applicable Bank regulations, with a focus on Deposit Regulations and Regulation W. Ability to research compliance requirements, advise on best practices to partners. Strong knowledge of deposit and lending regulations. Strong organizational and analytical skills. Excellent communication skills (oral and written) and relationship building abilities.
WORK ENVIRONMENT: Hybrid POSITION REQUIREMENTS FULL-TIME/PART-TIME Full-Time Category Compliance/BSA ABOUT THE ORGANIZATION CFG BANK HAS ESTABLISHED POLICIES AND PROCEDURES TO FULFILL THE REQUIREMENTS OF THE BANK SECRECY ACT (BSA), USA PATRIOT ACT (CUSTOMER IDENTIFICATION PROGRAM) AND ECONOMIC SANCTIONS PROGRAM (OFAC). IN ORDER TO ENABLE ITS EMPLOYEES TO ACHIEVE THE OBJECTIVES AND RESPONSIBILITIES OUTLINED IN THESE POLICIES AND PROCEDURES AND TO COMPLY WITH THE REQUIREMENTS OF THESE ACTS AND LAWS, THE BANK HAS SET FORTH UP-TO-DATE CURRENCY TRANSACTION REPORTING AND SUSPICIOUS TRANSACTION REPORTING PROCEDURES INTENDED TO ASSURE THE PREPARATION AND FILING OF COMPLETE AND ACCURATE CURRENCY TRANSACTION REPORTS (CTR) AND SUSPICIOUS ACTIVITY REPORTS (SAR) FOR EACH AND EVERY REPORTABLE TRANSACTION AND HAS PROVIDED CURRENT OFAC LISTS FOR NEW CUSTOMERS AND LOAN APPLICANT COMPARISONS.
AS AN EMPLOYEE OF CFG BANK YOU ARE REQUIRED TO BE: DEDICATED TO ACHIEVING THE OBJECTIVE OF ASSISTING BANK MANAGEMENT IN THEIR EFFORTS TO IDENTIFY REPORTABLE TRANSACTIONS; AND DEDICATED TO ACHIEVING THE OBJECTIVES AND REPORTING REQUIREMENTS OUTLINED IN THE BANK'S BSA, CUSTOMER IDENTIFICATION PROGRAM AND ECONOMIC SANCTION PROGRAM POLICES.
THE MANDATORY TRAINING TO COMPLY WITH THE REQUIREMENTS OF THE BANK'S BSA, USA PATRIOT ACT AND ECONOMIC SANCTIONS PROGRAM WILL BE PROVIDED WITHIN 90 DAYS OF ACCEPTING THIS POSITION. PI699c9edd539f-31181-#######0 Associated topics: attorney corporate, business, compliance department, corporate, court, internal, legal, legal affairs, legal department, llp
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