Senior Compliance Officer - Morristown, NJ

Valley National Bank; Morristown (NJ); On-site; USD 80,000 - 138,000; Full time

Job summary

An established industry player is seeking a Compliance Officer to support the Chief Compliance Officer in managing compliance risks associated with banking regulations. This role involves developing a robust compliance program, leading monitoring initiatives, and ensuring adherence to federal and state laws. The ideal candidate will possess strong communication skills, a solid background in regulatory compliance, and the ability to work independently. Join a dynamic team where your expertise will contribute to maintaining the integrity of banking operations and compliance excellence.

Qualifications

• 3+ years of compliance experience required.
• Background in Regulatory Compliance preferred.
• Proficiency in Microsoft Office is essential.

Responsibilities

• Develop and maintain knowledge of bank regulations.
• Lead monitoring programs and instruct junior staff.
• Review advertising materials for compliance.

Skills

Microsoft Office (Word, Excel, Outlook)

Effective verbal communication

Effective written communication

Multi-tasking

Research skills

Project management

Software proficiency

Independent work

Education

High School diploma or GED

Bachelor's degree in a related field

Job description

Job Overview

The Compliance Officer assists the Chief Compliance Officer and Senior Compliance Officers in managing the risks associated with federal and state banking laws and regulations by implementing a comprehensive compliance program.

Expected Work Hours

40 hours per week

Job Description

Responsibilities include but are not limited to:

1. Develop and maintain current knowledge of bank regulations.
2. Prepare and lead monitoring programs and may instruct junior officers or other staff conducting monitoring.
3. Review and analyze advertising materials. Perform research to determine what regulations are impacted and decide if the materials are in compliance. Provide approval on advertising materials to marketing.
4. Research regulations to respond to questions from other departments of the bank.
5. Facilitate the completion of compliance related projects.
6. Assist in managing Regulatory Compliance Examinations.

Requirements

Required Skills:

• Intermediate to advanced PC skills for Microsoft Office -- Word, Excel, and Outlook.
• Effective verbal and written communication skills.
• Ability to multi-task.
• Ability to conduct research via written materials as well as electronic versions.
• Ability to complete projects effectively.
• Ability to achieve proficiency with varied department software.
• Ability to work independently based on a set schedule.

Required Experience:

• High School diploma or GED.
• Minimum of 3 years of related compliance experience.

Preferred Experience:

• Background in Regulatory Compliance or Compliance Audit.
• Bachelor's degree in a related field.
• Attended the ABA/Institute of Certified Bankers (ICB) Undergraduate Compliance School.
• Certified Regulatory Compliance Manager (CRCM) designation.

Additional Details

Full-time/Part-time: Full-time

FLSA Status: Exempt

Location

Morristown, New Jersey, United States

Job Details

Pay Range: $80,700.00 - $137,700.00 / year

Pay Transparency: In accordance with the US Govt. Fair Compensation Strategy, salary ranges are listed in the job posting as mandated by law, reflecting the potential pay based on qualifications and experience.