Responsible for managing and executing deposit compliance oversight activities across assigned business areas. Provides regulatory interpretation, risk-based guidance and effective challenge to promote compliance with applicable laws, regulations, regulatory guidance and Bank policies. Works to identify compliance risks, strengthen controls, support business initiatives, and ensure timely remediation of identified issues.
RESPONSIBILITIES:
1. Monitor regulatory developments affecting deposit products, services and operations. Interpret applicable requirements and communicate meaningful impacts, responsibilities and recommended actions to business partners and Compliance leadership.
2. Manage compliance oversight for assigned deposit products, services and operations, including applicable consumer-protection, funds-availability, electronic-transactions, privacy, deposit-insurance, fair-lending-adjacent, UDAAP/UDAP, ACH and other related regulations.
3. Develop, coordinate and complete risk assessments for assigned deposit compliance areas. Evaluate inherent risk, control design and operating effectiveness, document residual risk, and recommend appropriate risk mitigation.
4. Establish and execute risk-based compliance monitoring and testing activities. Review transactions, customer communications, disclosures, procedures and operational practices; identify exceptions; document findings; and communicate results to appropriate stakeholders and Compliance leadership.
5. Serve as a subject-matter resource for deposit compliance questions. Research regulatory requirements, evaluate business practices and provide practical guidance consistent with risk appetite and regulatory expectations.
6. Prepare compliance reports, dashboards and management summaries that identify trends, emerging risks, significant exceptions, corrective-action status and other program performance measures.
7. Organize and deliver role-specific compliance training. Develop clear training content and communications that translate regulatory requirements into practical employee actions.
8. Partner with business areas on the development, implementation or modification of deposit products, services, systems, procedures and marketing materials. Identify compliance requirements, evaluate risks and confirm appropriate controls are incorporated before implementation.
9. Serves as a people leader, managing the employee life cycle through recruiting, goal setting, performance management, coaching, development, engagement, and timely corrective action while fostering a high-performing, accountable, and inclusive team environment.
10. Other projects and duties as assigned.
• Bachelor’s degree required.
• Five or more years of progressive banking compliance, consumer compliance, regulatory risk, audit or related financial-services experience, preferably with deposit products and operations.
• At least two years of demonstrated experience leading people, projects or compliance activities.
• CRCM certification preferred, or demonstrated progress toward certification within an established timeframe.
• Knowledge of federal and state deposit regulations, consumer-protection requirements and applicable examination expectations.
• Experience performing compliance risk assessments, monitoring, testing, issue management or control reviews.
• Ability to independently interpret regulatory requirements and translate them into practical business guidance.
• Ability to analyze information, identify trends, assess risk and recommend effective solutions.
• Strong written and verbal communication skills, including the ability to communicate effectively with both technical specialists and business leaders.
• Strong organizational skills with the ability to manage multiple priorities, meet deadlines and maintain thorough documentation.
• Ability to travel up to 20%, including occasional overnight travel, based on business needs.
KEY COMPETENCIES:
• Regulatory and risk-based judgment
• Compliance monitoring and testing
• Problem solving and root-cause analysis
• Planning, prioritization and execution
• Coaching and team development
• Collaboration and accountability
ESSENTIAL FUNCTIONS:
• Sitting for extended periods of time.
• Ability to efficiently operate a computer keyboard, mouse and other computer components.
• Ability to converse and exchange information with all levels of staff within organization.
• Ability to observe, perceive, identify, and translate data
• Ability to travel via air, rail, automobile and/or bus.
This job description is not intended to be all-inclusive and the employee will also perform other duties as assigned. It is not an employment contract. United Bank reserves the right to modify job duties or job descriptions at any time.
Please click here to access a list of benefits for which this position is eligible. Additional information regarding United's Mission, Values and Culture can be found here
At United, our strength is our people, and we are committed to nurturing a culture that is reflective of the communities we serve; promotes respect and a shared purpose; and aligns with our core values.
Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
United Bank is the community bank for the markets we serve. We offer local decision-making and the personalized service our customers have come to expect since 1839, with the insights, technologies, products, and services of a large bank – and a deep commitment to the communities in which we operate.
We are committed to developing long-term personal relationships with every customer. Our flexible, local decision-making approach enables our team to create customized solutions to help United customers grow and thrive. With more than 220 locations and over 2,500 employees across the Mid-Atlantic and Southeast, our experienced leadership, consistent performance, and focus on relationships make United the bank of choice for our customers, investors, team members, and communities.
We are committed to serving our communities with safe, sound, and secure practices – backed by strong earnings, sound asset quality, and strong capital – that have allowed us to weather any storm for 186 years. Because of this, our employees, customers, shareholders, and communities can rely on us to be their banking partner for decades to come.
Member FDIC. Equal Housing Lender. Equal Opportunity Employer.
United Bank NMLS ID 522399 (www.nmlsconsumeraccess.org). ADVERTISING NOTICE - NOT A COMMITMENT TO LEND – SUBJECT TO PROGRAM AVAILABILITY. This is not a commitment lend. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting, and program guidelines.
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