Compliance Director - Healthcare jobs in Oklahoma

Summary of position:

The Director of Compliance is responsible for assessing, developing, implementing, maintaining, and monitoring the bank’s compliance program to ensure that each functional area of the bank achieves and maintains compliance with all applicable laws, regulations and internal policies. The Compliance Director will serve as a primary point of contact for regulatory examinations. The Compliance Officer will also analyze and disseminate new or revised laws and regulations, research compliance issues, monitor and assign compliance training, and maintain the bank’s overall compliance policies and procedures, including preparing revised policies when needed.   Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.

Key job functions: (Includes current duties, primary objectives, and responsibilities which are critical to the successful performance of the position)

·        Oversees the bank’s compliance function.

·        Develops, administer & monitor programs that ensure the bank’s compliance with federal & state laws and

the adequacy of internal compliance processes.

·        Research federal and state banking laws and regulations, reviews the bank’s policies and procedures and

ensures the bank’s compliance with applicable laws and regulations.

·        Analyzes new rules and regulations to assess their impact on the organization.

·        Provides assistance related to compliance laws and regulations to management and staff.

·        Conduct regular compliance audits and assessments to identify areas of non-compliance and implement

corrective actions as necessary.

·        Collaborates in the gathering of documentation and information requested by internal, external and regulatory

auditor and authorities related to an audit, examination or inquiry.

·        Administers BAI online training program ensuring required compliance training is completed by all employees.

·        Participates in the bank’s Audit/SAR/Technology committees as the compliance representative.

·        Administers the flood program by reviewing and tracking flood determinations.

·        Engages in ongoing training to stay current on compliance trends.

·        Travels to branches, as needed.

·        Other duties as assigned.

Qualifications:

·        Strong knowledge of banking regulations

·        Strong understanding of compliance risk management principles and practices

·        Ability to read, analyze and interpret government regulations

·        Excellent communication skills, including written, verbal, and coaching

·        Excellent organizational and computer skills

·        Exceptional analytical and problem-solving skills, with keen attention to detail

Education and Experience:

·        Bachelor’s degree (preferred); or five years related experience

·        Minimum 5 years banking industry experience

Physical Demands: These physical demands are generally representative of the position.

·        Hearing, speech, close vision

·        Sitting, including computer use

·        Driving with own transportation to other branches for meetings/workshops

·        On occasions, may be required to lift and/or move up to 25 pounds

·        Job responsibilities may include standing, walking, lifting, kneeling, and crouching

Sovereign Bank is an Equal Opportunity Employer