Compliance Officer

First Citizens Bank hiring for Compliance Officer jobs in Wake Forest, NC, US

This position ensures the legal, operational, and risk management compliance of the Bank’s broker-dealer and investment advisers. In addition, responsible for testing and oversight of retail banking activities such as AML, trade activity, code of ethics, conflict of interest, and social media review. Maintains an expert knowledge of new and existing laws that impact enterprise activities in order to recommend necessary changes. Reviews business processes, procedures, and activities for risks and inefficiencies. Assists internal and external audits. Develops and implements new, compliant policies as appropriate. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards.

• Compliance Improvement - Analyzes external laws and regulations as well as internal processes and systems. Aids the development and revision of policies, procedures, services, products, and systems that ensure regulatory compliance. Fosters understanding and proper implementation of necessary changes in impacted business areas. May assist special projects or related business initiatives.
• Business Support - Serves as a liaison between examiners, regulators, auditors, and legal and corporate compliance during compliance examinations, processes, and procedures. Tracks, investigates, and resolves issues which may involve system testing or direct consumer complaints. Recommends process and operational improvements that enhance efficiencies and reduce risk. May provide technical support to business programs, systems, or vendors throughout daily activities.
• Reporting - Prepares reports for management on results of compliance reviews, legal changes, or new regulations. Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups.
• Compliance Expertise - Maintains a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serves as a resource to management and associates on compliance-related matters.

Bachelor's Degree and 5 years of experience in Compliance, Legal, or Audit OR High School Diploma or GED and 9 years of experience in Compliance, Legal, or Audit

License or Certification Type: Certified Regulatory Compliance Manager (CRCM) designation Preferred, Valid Series 7, 63, 24, 65 or 66, and preferred insurance licenses Required, Certified Regulatory and Compliance Professional (CRCP) & ACAM designations Preferred