Compliance Officer I

First Citizens Bank; North Carolina; Remote; USD 94,091 - 125,455; Full time

Job summary

A leading financial institution seeks a Compliance Officer I to execute its Compliance Risk Management Program. This remote role involves analyzing laws and processes, serving as a liaison with regulators and auditors, preparing compliance reports, and maintaining knowledge of current regulations. Candidates should have a Bachelor's Degree and relevant experience in compliance, legal, audit, or banking. The position offers a salary range of $94,091 - $125,455 annually, along with a competitive benefits package.

Qualifications

• 4 years of experience in Compliance, Legal, Audit, or Banking.
• 8 years of experience without a Bachelor's degree.
• Knowledge of Regulation E and electronic funds transfer.

Responsibilities

• Analyze laws and internal processes for compliance.
• Serve as a liaison with regulators and auditors.
• Prepare management reports on compliance reviews.

Skills

Compliance knowledge

Communication skills

Technical savviness

Education

Bachelor's Degree in Compliance or related field

High School Diploma or GED

Tools

MS Office Suite

Job description

Compliance Officer I – First Citizens Bank

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Overview

This is a remote role that may be hired in several markets across the United States.

This position is responsible for executing the Compliance Risk Management Program of the Bank. Maintains knowledge of new and existing laws that impact enterprise activities in order to recommend necessary changes to mitigate compliance risk. Reviews business processes, procedures, and activities for risks and inefficiencies. Assists with internal and external audits. Implements new compliance policies, as appropriate. Serves as a liaison between corporate, legal, and business teams to identify and resolve complex issues.

Responsibilities

• Compliance Improvement: Analyze external laws and regulations as well as internal processes and systems. Aid the development and revision of policies, procedures, services, products, and systems that support regulatory compliance. Communicate changes to business partners and support implementation of necessary changes to impacted business areas. May assist special projects or related business initiatives.


• Business Support: Serve as a liaison between business units, examiners, regulators, auditors, legal and corporate compliance during compliance examinations. Track, investigate, and resolve issues which may involve system testing or direct consumer complaints. Recommend process and operational improvements that enhance efficiencies and reduce risk. May provide technical support to business programs, systems, or vendors throughout daily activities.


• Reporting: Prepare reports for management on results of compliance reviews, legal changes, or new regulations. Convey the necessary actions to fulfill regulatory requirements and communicate changes amongst work groups.


• Compliance Expertise: Maintain a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serve as a resource to management and associates on compliance‑related matters.

Qualifications

Basic Qualifications:

• Bachelor's Degree and 4 years of experience in Compliance, Legal, Audit, Banking


• or High School Diploma or GED and 8 years of experience in Compliance, Legal, Audit, Banking

Preferred Qualifications

• Experience with consumer and small business deposits


• Compliance knowledge and understanding of Regulation E, disputes, and electronic funds transfer


• Ability to cross collaborate and effectively communicate (verbally and written) and work with different levels within the bank including stakeholders


• Tech savviness, with the ability to pick up new technologies, and have strong knowledge of MS Office Suite including Excel and Power Point

License or Certification

• Certified Anti‑Money Laundering Specialist (CAMS)


• Certified Anti‑Money Laundening and Fraud Professional (CAFP)


• Certified Regulatory Compliance Manager (CRCM)


• Certified Information Privacy Professional (CIPP)

Compensation & Benefits

The base pay for this position is relative to your experience but the range is generally $94,091 - $125,455 per year. Actual starting base pay will be determined based on skills, experience, location, and other non‑discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

This posting will remain active for 45 days from the initial posting date listed above. The posting may come down early due to business need or a high volume of applicants.

Additional Information

Seniority level: Not applicable

Employment type: Full‑time

Job function: Legal

Industries: Banking and Financial Services

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