Chief Compliance Officer

*Job Description* *Job Title*: Chief Compliance Officer *Summary*: The Chief Compliance Officer at TransPecos Banks is the senior executive responsible for design and implementation of policies, processes and controls to ensure adherence to regulatory requirements and industry standards.
This role involves evaluating the bank's compliance with various laws, policies, and procedures and recommending appropriate actions to mitigate risks and ensure compliance.
*Wage Type*: Salaried *Essential Duties & Responsibilities:* To perform this job successfully, an individual must be able to perform each of the essential duties satisfactorily.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
* Serve as a strategic executive and thought-leader on the senior executive leadership team.
* Ensure completion of thorough compliance assessments to evaluate adherence to applicable laws, regulations, and internal policies.
* Identify areas of non-compliance and provide recommendations for corrective actions and improvements.
* Stay updated on changes in banking laws, regulations, and compliance requirements to ensure the bank's practices align with the latest legal standards.
* Interpret complex regulatory guidelines and provide guidance to the bank on maintaining compliance.
* Review and analyze existing policies and procedures to assess their effectiveness and relevance to current regulatory standards.
* Propose updates or new policies to align with changing regulations and mitigate potential risks.
* Evaluate the bank's risk management processes and ensure effective mitigation strategies are in place to manage compliance risks.
* Collaborate with relevant departments to implement risk management practices that align with regulatory requirements.
* Conduct compliance training sessions for bank employees to enhance awareness and understanding of compliance regulations and policies.
* Develop educational materials and resources to support continuous learning and compliance within the organization.
* Carries out responsibilities in a manner consistent with our values and operating principles, in accordance with policy and applicable laws, and with a commitment to commitment to continuous improvement and process excellence.
* Other duties as assigned.
Key Deliverables: * This is an optional section to highlight.
*Organizational Structure*: Reports to: Board of Directors Audit Committee Supervises: BSA Officer, Director Compliance (Deposits), Director Compliance Banking as a Service (BaaS), Compliance Analyst(s) *Qualifications:* Education: * Bachelor's degree in Business, Finance, Law, or a related field.
* Experience in compliance, regulatory affairs, or a similar role within the banking or financial industry.
Required Knowledge/Skills: * In-depth understanding of banking laws, regulations, compliance frameworks, and industry best practices.
* Proven track record of staying updated with changes in banking laws and compliance requirements.
* Strong analytical skills to interpret complex regulatory guidelines, assess compliance requirements accurately, and identify areas of non-compliance.
* Proficiency in assessing compliance risks and developing effective risk mitigation strategies within a banking or financial institution.
* Ability to review, analyze, and update policies and procedures to ensure compliance with changing regulatory standards.
* High attention to detail to ensure accuracy in compliance assessments, reports, and documentation.
* Strong collaboration and teamwork skills to work effectively with different departments and teams within the organization.
* Experience in compliance, regulatory affairs, or a related role within the banking or financial industry.
* Proven experience in conducting compliance assessments and audits to evaluate adherence to regulatory guidelines.
* Experience in developing and implementing risk mitigation strategies related to compliance within a banking or financial institution.
* Previous involvement in reviewing and updating policies and procedures to align with evolving regulatory standards.
Desired Experiences: * Relevant certifications such as Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), or Certified Information Systems Security Professional (CISSP).
* Active participation in industry associations, workshops, or conferences related to compliance and regulatory affairs.
* Experience in conducting internal audits and investigations to identify compliance gaps and implement corrective measures.
* Familiarity with compliance management software or tools to enhance efficiency in compliance monitoring and reporting.
* Previous involvement in developing and implementing compliance policies and procedures within a banking or financial institution.
Talents: * Strong positivity * Mission driven, competitive, goal oriented, and motivated to develop themselves and others * Energetic, resourceful, and appropriate work intensity to get the work done * Strong people acumen and relationship skills; Naturally pre-disposed to quickly establish positive personal and professional relationships *Other:* * Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
* Must be able to lift to 20 pounds.
Job Type: Full-time Benefits: * 401(k) * 401(k) matching * Dental insurance * Employee discount * Flexible schedule * Flexible spending account * Health insurance * Health savings account * Life insurance * Paid time off * Parental leave * Professional development assistance * Referral program * Relocation assistance * Retirement plan * Tuition reimbursement * Vision insurance Physical setting: * Office Schedule: * 8 hour shift * Monday to Friday Education: * Bachelor's (Preferred) Experience: * Compliance management: 5 years (Preferred) * Internal audits: 5 years (Preferred) * Anti-money laundering: 5 years (Preferred) * Regulatory: 5 years (Preferred) * Management: 5 years (Preferred) License/Certification: * CRCM (Preferred) * Certified Anti-Money Laundering Specialist (Preferred) * CISSP (Preferred) Work Location: In person