VP, Compliance Officer

About the position

As Vice President (VP) Compliance Officer at Axos Bank, you will be responsible for ensuring that our operations comply with all regulatory requirements and internal policies. You will develop compliance programs and procedures to ensure bank products & services comply with federal and state laws and regulations and identify potential areas of compliance vulnerability and risk. You will also develop corrective action plans for resolution of problematic issues and provide general guidance on how to avoid or deal with similar situations in the future. Your expertise in regulatory compliance, risk management, and policy development will be crucial in guiding our team and maintaining a culture of compliance.

Responsibilities

• Oversight of scheduled loan level documentation reviews, regulatory change management communication, and transactional testing on all lending products through focused and random sample basis.
• Assess the appropriateness of the existing review scope and develop new or enhance approach to increase effectiveness of the CMS Program & Regulatory Change Management Program.
• Participate and support in business unit touchpoint meetings communicate results and any required action steps.
• Identify automation initiatives through data driven compliance monitoring to streamline processes, includes model validation, reporting and working with data analytics to identify business requirements and develop alerts.
• Review effectiveness of existing alerts and ensure timely completion.
• Participate in task force for the purposes of developing marketing campaigns, disclosures, new products, and customer facing or escalated regulatory questions.
• Address regulatory concerns as applicable and identify solutions.
• Provide response and/or guidance to the Business Units, vendors, etc.
• Develop and/or own Management Directives and Policies for submission to Management/Board Committees.
• Serve as Compliance Coordinator providing guidance aligned with Policy requirements.
• Present & participate in Compliance Management Committee.
• Support OCC examinations as needed.

Requirements

• Bachelor’s degree in finance, business administration, law, or equivalent work experience
• 5+ years of experience in banking compliance, risk management, or a related field
• Proven experience in a leadership or managerial role within compliance or risk management
• Deep understanding of banking laws, regulations, and compliance requirements
• Strong analytical abilities to assess regulatory impacts and identify compliance risks
• Meticulous attention to detail to ensure thorough compliance monitoring and reporting
• Excellent verbal and written communication skills for training staff and reporting to senior management
• Effective problem-solving abilities to develop and implement process improvements
• High ethical standards and integrity
• Commitment to staying updated on regulatory changes and industry best practices

Benefits

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
• HSA or FSA account and other voluntary benefits
• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading