Sr Compliance Officer-Flood Compliance

Truist; Raleigh (NC); On-site; USD 100,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k plan

Paid vacation

Paid holidays

Job summary

Truist seeks a flood compliance subject matter expert to provide independent oversight and risk guidance on flood regulatory requirements. You will interpret laws, assess controls, and support the implementation of mitigation strategies across the enterprise.

Based in-office five days a week, the role requires eight years in financial services with five in compliance, plus strong regulatory and communication skills. Locations include Charlotte, Raleigh, and others in the region.

Qualifications

• Bachelor's degree in Business, Economics, Finance, or Accounting.
• Eight years of financial institution experience.
• Five years of direct experience in compliance.
• Experience with regulatory agencies, requirements and regulatory compliance.
• Strong communication skills, both verbally and written, across management levels.
• In-office role five days a week in listed locations.

Responsibilities

• Interpret new or existing laws, rules and regulations as a SME and communicate requirements to business units.
• Analyze policies, procedures, processes and controls to identify gaps; lead or support compliance initiatives.
• Provide guidance on compliance risk scenarios within business units.
• Develop Risk Committee materials evaluating program effectiveness and risk status.
• Communicate with management and regulators regarding compliance activities and examinations.
• Implement flood compliance framework including issue management, monitoring indicators, and regulatory updates.
• May supervise other Compliance teammates and mentor staff.

Skills

Compliance experience

Regulatory knowledge

Communication skills

Stakeholder management

Education

Bachelor's degree in Business, Economics, Finance, or Accounting

Job description

Need Help?

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Regular or Temporary

Regular

Language Fluency

English (Required)

Work Shift

1st shift (United States of America)

Please review the following job description

This role serves as Truist's designated flood compliance subject matter expert and is responsible for providing independent oversight, guidance, and risk consultation related to flood regulatory requirements. The position partners with stakeholders across the enterprise to interpret regulatory requirements, assess and challenge business practices, evaluate controls, and support the implementation of effective compliance risk mitigation strategies. The role monitors regulatory changes, advises senior management on emerging risks, and helps ensure ongoing compliance with applicable flood laws and regulations.

Essential Duties And Responsibilities

• Interpret new or existing laws, rules and regulations that are complex and multifaceted and use that knowledge as a subject matter expert to communicate requirements to the business units.
• Analyze existing policies, procedures, processes and controls to determine gaps. Lead or assist in leading compliance initiatives necessary in implementing changes.
• Analyze and provide guidance on complex compliance actual and emerging risk scenarios within business units and/or functions.
• Develop Risk Committee materials, including evaluation of program effectiveness, level and direction of risks, key and emerging risks, and status of previously identified risk and control issues.
• Communicate with management and regulators with respect to compliance risk management activities and regulatory examinations.
• Implement strategies and methods related to the Flood compliance risk management framework within the organization, including issue management, compliance monitoring indicators, risk and control self-assessments and regulatory updates.
• May manage other Compliance teammates and serve as mentor to other Compliance Officers and Analysts.

Qualifications

Required Qualifications

• Bachelor's degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience
• Eight years of financial institution experience
• Five years of direct experience in compliance
• Demonstrated experience with regulatory agencies, requirements, and/or regulatory compliance.
• Strong communication skills, both verbally and written, and the ability to communicate and interact with all levels of management

Preferred Qualifications

• MBA, Juris Doctorate or other advanced degree.
• Eight years of compliance experience, with five years at medium to large financial institution
• Prior supervisory or management experience.
• Certified Regulatory Compliance Manager (CRCM)

Please note: This position is an in-office position 5 days a week. No remote option available. Locations include: (Charlotte, NC), (Atlanta, GA), (Orlando, FL), (Raleigh, NC) (Richmond, VA) and (Winston Salem, NC).

To comply with the Virginia pay transparency statute and for work locations in Virginia only, the annual base salary for this position is $100,000-$110,000.

Additional incentive pay is available for this position.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work