Bank Compliance Manager

Confidential Jobs; Colorado Springs (CO); On-site; USD 110,000 - 150,000; Full time

Job summary

Confidential Jobs' Bank Compliance Manager is responsible for the daily execution of the regulatory compliance program within a community bank setting. This role ensures that operations, retail products, and transaction workflows comply with state and federal laws, working with supervisors to assess risk and support examinations.

It requires interpreting complex regulations, updating policies, training staff, and maintaining a strong compliance culture to protect customers and the institution.

Qualifications

• Bachelor's degree or equivalent practical experience in a related field.
• 5–7 years of progressive compliance experience in a community bank or retail depository institution.
• Strong knowledge of core banking regulations (BSA/AML, OFAC, Reg CC, Reg E, Reg DD, CRA).
• Proficiency with core banking software platforms, AML monitoring systems, Excel, and document management applications.
• CRCM or CCBCO designation preferred.

Responsibilities

• Regulatory Compliance Monitoring: conduct ongoing testing of depository and retail banking operations for adherence to federal regulations.
• BSA/AML Program Management: supervise BSA/AML/ODAC/CDD protocols; review alerts, CTRs, SAR filings.
• Exam & Audit Coordination: prepare for FDIC and state examinations; gather records and assist examiners.
• Policy & Procedure Maintenance: update compliance manuals and internal controls.
• Marketing & Disclosure Review: ensure ads, materials, fee schedules, and disclosures comply with Truth in Savings rules.
• Staff Training & Guidance: train branch staff and loan officers on compliance practices.
• Complaint Resolution Tracking: monitor consumer complaints and drive remediation.

Skills

Analytical Rigor

Clear Communication

Detail Focus

Organized Multitasking

Education

Bachelor's degree in Business Administration, Finance, Accounting, or related field

Tools

Core banking software

AML monitoring systems

Excel

Document management

Job description

The Bank Compliance Manager (Officer) oversees the daily execution of the bank's regulatory compliance program. This role ensures community banking operations, retail deposit products, and transaction workflows align fully with state and federal banking laws. The Manager works closely with department supervisors to evaluate operational risk, perform regular compliance testing, manage regulatory examinations, and maintain a robust regulatory environment focused on sound risk management and customer protection.

Key Responsibilities

• Regulatory Compliance Monitoring: Conduct ongoing testing and monitoring of depository and retail banking operations to confirm ongoing adherence to federal regulations, including Regulation CC, Regulation E, Regulation DD, and FDIC rules.
• BSA/AML Program Management: Serve as a functional supervisor for Bank Secrecy Act (BSA), Anti-Money Laundering (AML), OFAC screening, and Customer Due Diligence (CDD/Beneficial Ownership) protocols. Review daily transaction alerts, Currency Transaction Reports (CTRs), and manage Suspicious Activity Report (SAR) filings.
• Exam & Audit Coordination: Coordinate preparations for FDIC and state banking regulatory examinations. Gather requested operational records, assist examiners during onsite or offsite reviews, and track corrective action plans.
• Policy & Procedure Maintenance: Review and update community bank compliance manuals, operating guidelines, and internal controls to reflect changing statutory and regulatory standards.
• Marketing & Disclosure Review: Review retail banking advertisements, marketing materials, fee schedules, and deposit account disclosures for compliance with Truth in Savings and advertising rules.
• Staff Training & Guidance: Deliver practical compliance guidance and continuous training to branch staff, loan officers, and customer service teams to foster a strong compliance culture.
• Complaint Resolution Tracking: Monitor and analyze consumer complaints related to banking operations, ensuring proper investigation, timely response, and operational remediation where necessary.

Required Qualifications

• Education: Bachelor's degree in Business Administration, Finance, Accounting, or a related field; or equivalent practical experience.
• Experience: Minimum of 5–7 years of progressive compliance experience within a community bank or retail depository institution.
• Regulatory Knowledge: Strong working knowledge of core banking regulations, including BSA/AML, OFAC, Regulation CC, Regulation E, Regulation DD, and CRA standards.
• Technical Skills: Proficiency with core banking software platforms, anti-money laundering monitoring systems, Excel, and document management applications.
• Certifications: Certified Regulatory Compliance Manager (CRCM) or Certified Community Bank Compliance Officer (CCBCO) designation preferred.

Core Competencies

• Analytical Rigor: Demonstrated capability to analyze banking transactions, identify procedural gaps, and implement effective operational solutions.
• Clear Communication: Excellent written and verbal communication skills with the ability to explain complex regulatory requirements to operational staff and leadership clearly.
• Detail Focus: High precision in document review, regulatory filings, and auditing procedures.
• Organized Multitasking: Ability to balance multiple audit deadlines, internal testing schedules, and operational inquiries simultaneously.

Reports to Senior Bank Executive / Board Audit Committee.

Physical & Environmental Requirements

This position operates in a professional office environment and requires prolonged sitting at a desk, active computer use, and light physical movement across office facilities. Occasional lifting up to 10 pounds may be required.

Equal Opportunity Employer

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability status, age, sexual orientation, gender identity, or any other characteristic protected by applicable law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.