VP/Compliance Officer
About the position Industrial Bank is seeking a qualified candidate for the position of VP/Compliance Officer to work in our Risk Management department reporting to the SVP/Chief Risk Officer at our administrative office at 99 Commerce Place, Largo, MD. Industrial Bank is a successful and established African American owned and operated financial institution. It is a distinguished Community Development Financial Institution, with a Mission 'To make a difference in people's lives and the economic development of their communities'. Responsibilities • Perform the functions and oversee the Bank's consumer compliance management program. • Implement a bank compliance monitoring system. • Develop a comprehensive compliance-training program for bank personnel. • Maintain a reference system that provides guidance on regulatory changes. • Ensure compliance with Fair Lending, Fair Credit Reporting, and Community Reinvestment functions. • Comply with meeting compliance and audit requirements. Requirements • A bachelor's degree in business administration, banking, or equivalent work experience. • Five (5) to ten (10) years of related experience and/or training; or equivalent combination of education and experience. • Knowledge of consumer regulations. • Knowledge and experience in Fair Lending Regulations. • Knowledge and experience in Fair Credit Reporting. • Knowledge and experience in Community Reinvestment Act. • Knowledge and experience in the Home Mortgage Disclosure Act. • Knowledge of computer software e.g., MS Office suite. Nice-to-haves • Professional certification, such as Certified Bank Compliance Officer (CBCO), Certified Regulatory Compliance Manager (CRCM), or Certified Regulatory and Compliance Professional (CRCP), regarded as an asset. • Proven success in the risk management field. Benefits • Long and Short Term Disability Plans • Life Insurance with AD&D twice the employee's annual salary • Health/prescription plans • Dental insurance • Vision insurance • Personal days • Sick/safe days • Vacation days • 11 paid holidays • 401k plan Apply tot his job