Senior Director of Compliance

First Business Financial Services - Brookfield, WI

Full-time - Senior

Brookfield, WI

Management of Companies and Enterprises

About the position

The Senior Director of Compliance is a pivotal role responsible for leading and managing the compliance team, ensuring the development and execution of a robust compliance management system, and fostering a culture of compliance throughout the organization. This position involves strategic oversight of compliance activities, risk management, regulatory interactions, privacy compliance, business continuity management and comprehensive reporting. This role is essential for ensuring that the bank's compliance program supports its growth objectives while maintaining adherence to regulatory requirements and mitigating compliance risks. Including accountability and oversight of projects and implementation of changes in regulatory guidance, such as Dodd-Frank 1071, 1033, etc. The Senior Director of Compliance will play a critical role in shaping the compliance culture and ensuring the organization operates within the legal and regulatory framework.

Responsibilities

• Management of the compliance team, providing guidance and ensuring the team has the necessary resources and support to perform their duties effectively.
• Responsible for the development, strategy and execution of FBFS's compliance management system, to build towards a mature compliance program in support of the bank's growth objectives.
• Accountable for the identification, assessment and control of compliance risk across the bank, building towards a mature risk management framework.
• Foster a compliance culture and optimize relations with internal and external auditors and state/federal regulators.
• Maintain accurate, current documentation surrounding the compliance program to ensure completeness of information for use by management, the Board, auditors and examiners.

Requirements

• Bachelor's degree and minimum 15 years of progressive experience in compliance and risk management.
• 5+ years of management experience, and a passion for leading, coaching, and developing high performing teams.
• Demonstrated experience and expertise in project management and executing strategies and initiatives.
• Knowledge and skills in loan documentation and related laws and regulations; account titling rules; commercial account documentation and rules; compliance and regulatory requirements; compliance requirements as it relates to deposits, private wealth, commercial lending, and alternative investment products; federal and state compliance laws and regulations related to commercial and consumer regulations; risk management in areas of compliance and internal controls.
• Demonstrate high level of decision making skills.
• Demonstrate well developed verbal and written communication and interpersonal skills.
• Strong organizational skills, meticulous attention to detail, and ability to prioritize tasks.
• Ability to demonstrate innovation, critical thinking, and problem solving skills.
• Demonstrated proficiency with technology (software, systems, and equipment).

Nice-to-haves

• CRCM, CAMS, or CERP certification(s) preferred, but not required.