VP Compliance/Audit/Risk Management
- Location
- Northfield, Minnesota
- Salary
- $80,000 - $120,000
- Posted
- Jun 25, 2024
- Closes
- Jul 25, 2024
- Specialty
- Compliance/Legal, Internal Audit
- Type
- Full Time
- Level
- Experienced
- Education Level
- 4 Year Degree
We are seeking an experienced Compliance/Audit/Risk Management professional to lead our compliance, audit and risk management programs. This position will ensure optimal compliance is achieved, manage the internal audit function of the bank and ensure the bank is in full compliance with all banking laws, regulations and internal policies and procedures. This position also serves as an advisor to Senior Management in areas of risk.
Primary Functions:
- Serve as Bank Secrecy Act (BSA) Officer, Community Reinvestment Act (CRA) Officer, OFAC Officer, Resolution Officer and Fact Act Officer. Coordinate and assist with regulatory examinations; acting as a liaison for the Bank. Oversee all compliance monitoring and testing. Lead communication of new or changed regulatory rules. Responsible for internal control and compliance risk assessments. Responsible for coordinating internal control audits and compliance risk assessments. Responsible for audit reports and programs. Report to the Board of Directors monthly. Coordinate quarterly Audit Committee meetings with the Board of Directors. Chairperson for the Enterprise Risk Management Committee. Responsible for Vendor Management. Responsible for Business Continuity Planning.
Position Requirements:
- 5 to 8 years minimum in one or more of the following experiences: financial institution regulatory compliance monitoring, regulatory examiner and/or financial institution internal audit. An undergraduate degree in an associated field preferred. CRCM preferred. Proven leadership experience required. Working knowledge of bank regulations, operations, processes and procedures required. Experience in Fiserv preferred. Strong oral and written communication skills.
Competitive compensation and benefits package offered to include: health insurance, dental insurance, life insurance, disability insurance, 401(k) and paid-time-off. Application deadline: open until filled. EEO/AA: Women, Minorities, the Disabled and Veterans are encouraged to apply.