Sr. Compliance Officer - CTA

Mechanics Bank; Roseville (CA); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Medical, prescription, dental, and ~

Employer paid Employee Assistance Plan

Life Insurance, AD&D, Disability

Health Savings Account with employer

401(k) and Roth 401(k) with company

Tuition Reimbursement & 529 Education

Paid holidays & vacation

Volunteer time off

Job summary

Mechanics Bank is seeking a Sr. Compliance Officer – CTA to lead the ongoing support of our Compliance Program. The role emphasizes proactive identification of weaknesses, audit and testing activities, and collaboration with risk management, legal, and internal and external stakeholders.

On-site position in California with travel 10–20%. The ideal candidate will have 5+ years in Compliance or Audit, preferably CAMS/CFIRS/CIA/CRCM certified, and strong knowledge of BSA/AML and consumer

Qualifications

• Bachelor's degree required or equivalent experience in Banking, Compliance or Audit.
• 5 years of Compliance or Audit experience required.
• CAMS, CFIRS, CIA, CRCM preferred.

Responsibilities

• Develop, plan and perform compliance reviews evaluating the Bank's adherence to Consumer Compliance and related regulations.
• Identify deficiencies, track remediation and ensure timely resolution.
• Write reports/present results to senior management and communicate with internal groups, risk teams and regulators.
• Provide guidance and training on compliance matters and coordinate with internal/external stakeholders.
• Travel up to 20%.

Skills

Compliance

Audit

Regulatory knowledge

Analytical thinking

Communication

Education

Bachelor's degree in Banking, Compliance or Audit

Job description

Mechanics Bank is currently searching for a Sr. Compliance Officer – CTA to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site. The Sr. Compliance Officer - CTA is responsible for the ongoing support of the Bank’s Compliance Program for all regulations, acts and laws under the purview of the Corporate Compliance Program, Using a proactive approach to identify system, procedural, or training weaknesses in an effort to prevent exposure to regulatory criticism, penalties, and other related risks. The Sr. Compliance Officer - CTA conducts audits and assessments to identify areas of non-compliance through policy, procedure and transactional testing. Responsible for writing reports for senior and executive management and works with stakeholders to address any issues or deficiencies. Provides guidance and training to employees on compliance matters and serve as a point of contact for internal groups, risk management teams, internal audit, regulatory agencies and outside auditors.

What you will do:

• Develop, plan and perform compliance reviews that independently evaluate the adequacy, comprehensiveness and effectiveness of the Bank's compliance with Consumer Compliance regulations, laws and rules, including non-consumer related regulations, rules and laws impacting Wealth Management. Evaluate the Compliance and Wealth Management adherence to applicable internal policy requirements.
• Identify process and procedural deficiencies and recommend solutions to complex issues. Track remediation action plans to final resolution to ensure deficiencies are addressed and resolved adequately and timely.
• Write reports or presentations that clearly articulate the results and conclusions of compliance review activities. Present results to senior and executive management.
• Validate remediation efforts and results; offer guidance for refinement, if necessary.
• Work collaboratively across groups and with other risk management teams, including internal audit. Work with senior management, Legal Department and other key constituencies to encourage and promote a culture of compliance.
• Maintain an understanding of the compliance division's framework and the inter-connectivity of its key components. Maintain an understanding of business operations and regulatory guidance and expectations.
• Anticipate changes in the internal and external environment and revise the testing program to suit these changes. Provide guidance relating to compliance and business line projects.
• Develop annual and ongoing testing plans/strategies according to overall risk evaluation and completes annual test plan risk assessments.
• Develop effective working relationships with team members while distinguishing self as a leader.

Travel Required: 10-20%

Who you are:

• 4 Year / Bachelors Degree in Banking, Compliance or Audit experience may be considered in lieu of education required. Additional experience may be considered in lieu of degree.
• 5 years Compliance or Audit required.
• Certified Anti-Money Laundering Specialist (CAMS) strongly preferred.
• Certified Fiduciary and Investment Risk Specialist (CFIRS) strongly preferred.
• Certified Internal Auditor (CIA) strongly preferred.
• Certified Regulatory Compliance Manager (CRCM) strongly preferred.
• Excellent knowledge of trust, investment, BSA/AML/OFAC and consumer compliance regulations.
• Ability and willingness to independently solve complicated compliance issues.
• Proven ability to identify and improve efficiency of processes and procedures.
• Strong verbal and written communications skills.
• Strong analytical and decision-making skills based on thoughtful assessment of risk and attention to detail along with good judgement.
• Effective time management and organizational skills.
• Exhibits high degree of confidentiality in handling and access to sensitive information.
• Exercises sound judgment and ensures the integrity of confidential information.

ADA Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. The noise level in the work environment is usually moderate.

Pay Range:

#LI-HW1 Pay Range: $85,000 - $115,000 annually AIP Bonus up to 10%

Benefits package includes[1]:

• Medical, prescription, dental, and vision coverage for employees and their eligible family members
• Employer paid Employee Assistance Program
• Life Insurance, AD&D, and Disability benefits
• Health Savings Account with employer contribution
• Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
• 401(k) and Roth 401(k) with company contribution
• 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
• Supplemental Health plans, Voluntary Legal and Identity Theft Services
• 11 paid holidays
• paid Sick days (accrual of one hour for every 30 hours worked)
• up to 25 paid vacation days
• 16 hours of paid volunteer time throughout the calendar year
• Free personal checking and savings account
• Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.

Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law. Please view Equal Employment Opportunity Posters provided by OFCCP here. To learn more about Mechanics Bank’s California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit California Privacy Policy for Prospective Employees | Mechanics Bank [1] The benefits listed in this job posting reflect the Bank’s most reasonable and genuinely expected benefits offered for this position.

About Mechanics Bank

Backed by exceptional capital strength and substantial assets, we are a resilient and resourceful California bank whose core banking and lending principles reflect that of a community bank. For over a century, it has been our foremost commitment to exceed our clients’ expectations every day. With a footprint spanning the state of California, we serve individuals, small and middle-market businesses, and large corporations with a full range of banking, wealth management and other financial products and services. Our leaders bring diverse backgrounds and experience, and work together to deliver for our clients by embracing a culture that values accountability, teamwork and celebrating success. Our collaborative culture fuels the Bank’s ongoing achievements, allowing us to grow and make a genuine difference in the communities we serve. We also strive to ensure that all employees feel respected and valued based on who they are. When we harness the power of our differences, we achieve more together.

Learn about our History & Heritage

Learn about our Strength & Stability

Learn about our Community Commitment

Mechanics Bank is a Member FDIC and Equal Housing Lender.