Chief Compliance & CRA Officer - Thrivent Bank In Formation

$170,238 - $230,323/Yr

Thrivent - Salt Lake City, UT

Full-time - Senior

Salt Lake City, UT

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Chief Compliance & CRA Officer at Thrivent Bank is responsible for leading the Bank's Community Reinvestment Act Program and overseeing broad compliance activities, including Compliance Assurance Testing, BSA/AML, and Responsible Banking/Fair Lending Programs. This role is pivotal in ensuring the effectiveness of the Bank's Compliance Management Systems (CMS) and serves as a trusted advisor to senior management, focusing on compliance risk management and operational efficiency.

Responsibilities

• Leads a risk-based organizational-wide compliance program to ensure compliance with relevant laws and regulations.
• Ensures the Bank has an effective Compliance Management System (CMS) and meets compliance risk management obligations.
• Leads the Responsible Banking/Fair Lending Program and the CRA Program, cultivating community relationships in Utah.
• Manages the Compliance Assurance Testing team and the BSA/AML team.
• Oversees the regulatory change management process to ensure timely implementation of legislative and regulatory changes.
• Coordinates regulatory compliance communications and examinations.
• Oversees and coordinates Regulatory Compliance Training for employees and the Board of Directors.
• Collaborates with executive leadership on compliance risk management.
• Administers and improves compliance policies, procedures, and processes.
• Participates in strategic planning and evaluation of business performance goals.
• Chairs the Compliance Risk Management Committee.
• Monitors requirements from banking regulatory agencies to ensure compliance.
• Recruits and develops a high-performing compliance team, promoting a culture of accountability and operational excellence.

Requirements

• Bachelor's degree required; MBA or JD preferred.
• Minimum 10 years of regulatory compliance experience in banking or financial services, primarily within an ILC chartered bank.
• Minimum 7 years of management/supervisory experience; CRA program experience preferred.
• Knowledge of federal statutory and regulatory frameworks, including key consumer regulations.
• Experience with Governance, Risk and Compliance solutions in compliance risk assessments and regulatory change management.
• At least one of the following certifications: CRCM, CAMS, CIPM, or CIPP.

Nice-to-haves

• Technical knowledge of banking and compliance focused on consumer and commercial lending.
• Project management experience with large scale projects.
• Ability to influence and motivate others to achieve results.
• Strong communication and organizational skills.
• Leadership experience in managing compliance risk in a fast-growth environment.

Benefits

• Various bonuses (annual or long-term incentives)
• Medical, dental, and vision insurance
• Health savings account
• Flexible spending account
• 401k
• Pension
• Life and accidental death and dismemberment insurance
• Disability insurance
• Supplemental protection insurance
• 20 days of Paid Time Off each year
• Sick and Safe Time
• 10 paid company holidays
• Volunteer Time Off
• Paid parental leave
• EAP
• Well-being benefits