Job Title: Manager, Compliance and Internal Audits & Control

Location: Florence, SC

Division: Risk Management

Position Summary: Assists in managing the day to day functions of the Bank's compliance program, including drafting and maintaining compliance policies and procedures, performing ongoing monitoring of compliance with consumer laws and regulations and the Bank's policy and procedures, providing compliance support for implementation of product/system enhancements, and provide training to bank personnel. Also, work on long-term projects to achieve and maintain compliance with regulatory standards.

Direct Reports: None

Core Responsibilities:

1. Regulatory Compliance Monitoring & Control Management

• Responsible to administer an effective, risk-based compliance monitoring program to ensure compliance monitoring program to ensure compliance with the following areas SARs, BSA, CRA and all financial regulatory laws.
• Identify and document compliance gaps and ensure completion of correction action through
  • a) Assessment of emerging issues or potential liabilities
  • b) Maintenance of compliance monitoring schedule
  • c) Policy, procedure and disclosure review
  • d) Transaction testing
  • e) Planning, identification of training requirements by role and assist with deliver were required.
  • f) Identify specific branch administration responsibilities which need to be carried out by Service Managers, Regional President's and Process Managers.
  • g) Provide detailed management reporting
  • h) As part of BSA responsibilities is the SARs coordinator

2. Manages Internal Self Audit Programs

• Coordinates and monitors all self audits completed as it relates to compliance and internal audit.
• Insures branch security audits are regularly performed, reported on and resolved.
• Maintains documentation for auditors
• Provides regular reporting for managers to make informed and timely business decisions.

3. Subject matter expert on product and program and marketing disclosure and laws

• Compliance representative on product and pricing project teams and committees
• Approves all written guidelines for all product and marketing disclosures to comply with laws and regulations

4. Live First Reliance Bank Values

• Commitment to Excellence
  • Regularly reviews the data associated with areas of responsibility to identify trends and patterns for improvement.
  • Stays informed of business trends to be well informed when providing counsel to customers.

• Teamwork
  • Work with others in a candid and open manner.
  • Work collaboratively to identify solutions in the best interest of FRB.
  • Treats others with respect.

• Continuous Improvement
  • Develop an annual learning plan to improve job skills and knowledge.
  • Share ideas openly with colleagues to find ways to improve the way we do our work.

• Customer First
  • Provide customers with an enjoyable and positive experience.
  • Keep promises and commitments and adhere to established customer service standards.

• Achieve results
  • Establish annual goals and take personal responsibility to achieve results.

• Trustworthiness
  • Acts with integrity.
  • Respect the privacy rights of customers and associates.
  • Tell the truth in all communications and do not mislead by commission or omission.

• Positive Attitude
  • Model a positive attitude for others to emulate.
  • Apologize when wrong.

5. Role Specific Competencies

• Adaptability/Flexibility
  • Adapts to change, is open to new ideas, takes on new responsibilities, handles pressure, and adjusts plans to meet changing needs.

• Creativity/Innovation
  • Generates new ideas, challenges the status quo, takes risks, supports change, encourages innovation, solves problems creatively.

• Managing Technology
  • Has an awareness of, researches and adopts effective technologies that improve the bottom line, works well with tech resources.

Officer Designations:

• Bank Secrecy Officer
• CRA Officer

Minimum Requirements:

• Bachelor's degree or equivalent, with a concentration in Business Administration, Accounting, Economics, or Finance.
• 1-3 years experience in regulatory compliance of banking laws and regulations is preferred
• Strong verbal, written, interpersonal, and public speaking skills.
• Understanding of the banking environment with the ability to interpret regulations and laws as they pertain to the banking environment.
• Strong working knowledge of Microsoft PC software and applications.

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