Senior Compliance Officer

New Horizon Bank

Richmond (VA)

On-site

USD 90,000 - 120,000

Full time

14 days+

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

A regional financial institution is seeking a Senior Compliance Officer responsible for managing the compliance program and ensuring adherence to regulations. This role requires at least 7-10 years of experience in Compliance and Risk Management. The Senior Compliance Officer will lead compliance monitoring, conduct training, and prepare reports for executive management. Excellent communication and analytical skills are essential. The position offers a full-time opportunity in Richmond, Virginia, with a mid-senior level designation.

Qualifications

A minimum of 7-10 years of experience in Compliance and Risk Management.
Strong understanding of regulatory guidance, especially related to real estate valuations.
Ability to work independently and as part of a team.

Responsibilities

Lead and manage the Bank’s regulatory compliance program.
Oversee the development and maintenance of the Bank’s compliance frameworks.
Monitor changes in regulations and ensure timely updates to policies.
Conduct annual Compliance Risk Assessment to identify vulnerabilities.
Develop and deliver compliance training for staff and Board members.

Skills

Interpersonal skills

Analytical skills

Decision quality skills

Problem solving skills

Strong communication skills

Regulatory guidance understanding

Team collaboration

Microsoft Excel proficiency

Education

Bachelor's degree in business or relevant subject area

Tools

Microsoft Office Suite

Job description

At New Horizon, we’re building a bank that runs on grit, speed, and execution. We move fast, challenge assumptions, and obsess over doing things better — for our clients and for each other. This isn’t a place for red tape; it’s a place for builders. From product design to client experience to operations, we’re constantly pushing for sharper thinking and smarter solutions. Our team is made up of passionate individuals who share a relentless drive to enhance our services and deliver exceptional experiences. If you’re energized by momentum, motivated by results, and excited to shape the future of banking, you’ll feel right at home here.

General Job Summary: The Senior Compliance Officer is responsible for leading and managing the Bank’s regulatory compliance program to ensure full adherence to applicable banking laws, regulations, and internal policies. In addition to overseeing the Bank’s enterprise‑wide compliance management system, this role also serves as the Bank’s BSA Officer, providing strategic leadership and oversight of the Bank Secrecy Act/Anti‑Money Laundering (BSA/AML) and OFAC compliance programs. This role oversees the development, implementation, monitoring, and maintenance of the Bank’s compliance and BSA/AML frameworks and serves as a key advisor to executive leadership, Board committees, and staff on all compliance‑related matters.

The Senior Compliance Officer works closely with senior leadership, risk management, auditors, regulators, and business lines to proactively identify compliance and BSA/AML risks, implement effective controls, and support the Bank’s ongoing safety, soundness, and growth objectives.

Regulatory Compliance Oversight

Serve as the Bank’s primary subject matter expert on all federal and state banking regulations including providing strategic oversight of all BSA/AML and OFAC compliance activities.
Monitor changes in laws and regulations; assess the impact to the Bank and recommend timely updates to policies and procedures.
Maintain the Bank’s Compliance Management System (CMS), including oversight of policies, monitoring, risk assessments, training, and reporting.
Coordinate regulatory examinations, internal audits, and compliance testing engagements; serve as point of contact for regulators and auditors.

Policy & Program Management

Maintain and oversee compliance policies, manuals, and internal control frameworks to ensure alignment with current regulations and industry standards.
Collaborate with policy owners and Bank leadership to ensure policies are reviewed, updated, and approved according to the Board‑approved policy review schedule.

Compliance Monitoring & Risk Assessment

Monitor and report suspicious activity; ensure timely filing of SARs, CTRs, and other required regulatory reports.
Conduct ongoing monitoring and periodic reviews of Bank activities to assess compliance with applicable laws and regulations.
Lead the Bank’s annual Compliance Risk Assessment process to evaluate emerging risks and control effectiveness.
Identify areas of potential compliance vulnerability; develop and oversee remediation plans as needed.

Training & Communication

Develop and deliver compliance training for Board members, management, and staff to ensure understanding of applicable regulations and Bank policies.
Provide guidance and interpretation of compliance matters to business lines, management, and employees as issues arise.

Board & Committee Reporting

Prepare periodic compliance reports for executive management, Board of Directors, and Board Committees (Audit, Risk, Compliance, Loan, ALCO).
Serve as staff liaison to relevant Board committees to support governance oversight of compliance functions.
Foster a strong culture of compliance and ethical conduct throughout the organization.
Maintain working relationships with regulatory agencies, auditors, consultants, and internal departments.
Provide coaching and leadership to compliance staff, if applicable.

Required Knowledge, Skills, and Abilities

Strong interpersonal skills with excellent credit, problem solving, and decision quality skills.
Strong analytical skills.
Strong sense of urgency and ability to meet deadlines.
Strong understanding of regulatory guidance, particularly those related to real estate valuations.
Excellent communication and interpersonal skills, both verbal and written.
Ability to work independently and as part of a team.
Proficient in Microsoft Excel and other Microsoft Office Suite products.

Education and Experience