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Columbia Banking System Inc.

Columbia Bank is a Northwest community bank dedicated to our customers, our communities and our employees. We place the highest priority on customer service and strive to make a positive contribution in each community we serve by employing people who truly make a difference to our customers and communities.In this part of the website, you'll learn about how we do business, our commitment to communities, our directors and officers, our latest financial reports and our latest news. Whether you'... Read More

Address      1301 A Street Suite 800 Tacoma, WA 98402
Website      /www.columbiabank.com/
Holding      No Holding Details

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Compliance Officer

Job Description Summary
The Chief Compliance Officer is responsible for developing, implementing and administering all aspects of the Bank's Compliance Management Program.  This position plans, organizes, and controls the Bank's day to day administrative, lending and operational compliance activities; collaborates with the Chief Operating Officer in the overall administration of these directives for the Bank.  Participates in various committees, audits and examinations.  Supervises the responsibilities of the Bank Secrecy Act/OFAC Officer, Community Reinvestment Act Officer, Privacy Officer, to ensure compliance efforts are maintained on a daily basis.  Conducts staff training related to new hires, compliance, customer service, mainframe and software computer programs.  Advises the Board of Directors, Senior Management and Bank personnel of emerging compliance issues and consults and guides the Bank in the establishment of controls to mitigate risks.  Ensures department activities run smoothly and efficiently by providing leadership, training and supervision.  The position of Chief Compliance Officer performs direct supervisory duties of assigned department staff, coordinates staff for coverage in assigned areas of the department, and is required to be fully knowledgeable and skilled in all areas of the department.

ESSENTIAL JOB FUNCTION

Serve as principal advisor to the Bank regarding compliance program design and compliance implications of business activities. Oversee the design, implementation, maintenance, monitoring, training and independent testing of an overall compliance program for the Bank. Responsible for: Creation and execution of an effective compliance audit plan based on a risk-assessment methodology. Serves as the BSA Officer and Compliance Officer of the Bank and is part of the senior leadership team by providing ongoing compliance management support and guidance to the business. Coordinates with the banks Internal Audit department and other parties as necessary to ensure the independence and integrity of the compliance management systems and audit. Produces management and board-level compliance reporting, provides board training and assists the Board Audit Committee.

JOB DUTIES

* Oversee the Bank’s regulatory compliance program including Bank Secrecy, Bank Agency, Fraud, and CRA to ensure a highly visible, effective institutional commitment to compliance with federal and state laws, regulations, rulings and guidelines that govern the Bank’s operations. Serve as the Bank’s BSA and Compliance Officer.
* Ensure the development, implementation and maintenance of all appropriate policies, procedures, systems and controls to mitigate unwanted risk and to comply with all applicable laws and regulations. Conduct at least annually, a compliance risk assessment to ensure that all existing and emerging risks are appropriately identified and managed.
* Responsible for developing a comprehensive risk assessment framework/program to capture all compliance risks related to the Bank’s products, services, customers and geographies.
* Responsible for periodic compliance testing, self-assessments and formal audits of the Bank’s compliance program.
* Works directly and cooperatively with risk assurance functions (e.g., Internal Audit) to ensure that the scope and frequency of compliance audits are appropriate to the Bank’s business model and risk profile.
* Provides technical support and training to the organization on all compliance related issues including new product development and correction of any compliance violations.
* Develops and maintains strong relationships with the Bank’s regulators and external auditors.
* Responsible for managing the Bank’s compliance exams, responses to regulatory issues and reports of examination.
* Responsible for the review and resolution of consumer complaints and inquires received from regulatory agencies or other third parties.
* Drives continuous improvement of the Bank’s compliance management practices, commensurate with its size and complexity.
* Provides periodic reports to the Audit Committee concerning compliance efforts and projects, future regulatory changes and their anticipated impact, and any recommendations to strengthen the Bank’s compliance program.
* Exercises the usual authority of a Sr. manager concerning staff requirements, performance appraisals, salary recommendation, promotions, terminations, and other administrative matters as they relate to the Compliance Management & Risk Group.
* Budget development and management responsibility

EDUCATION AND CERTIFICATIONS

* Bachelor’s degree from accredited college in Business Administration, Finance or Accounting.
* Certifications in Risk and Compliance Management (CRCM), BSA and Financial Auditing preferred
* Attendance of professional banking school and or history of attendance at formal bank risk management, regulatory compliance and BSA seminars/symposiums.

EXPERIENCE AND QUALITIES

* The ideal candidate will have 15+ years of related banking and/or financial regulatory (OTS, FDIC, OCC, FRB) experience involving enterprise-wide compliance management issues and practices.
* Sound understanding of the tools and methodologies used to measure and quantify risk, including but not limited to, the use of models.
* Broad understanding and knowledge of industry best practice and regulatory expectations for overall compliance and risk management of a financial institution.
* Excellent interpersonal and presentation skills necessary to communicate and persuade across a wide range of audiences.
* Fully capable of working on own initiative, with a high degree of autonomy and independent decision-making capability.
* Demonstrated ability of managing change, infrastructure and process initiatives in a fast-paced environment.
* Proactive, consistent leader with a strong desire to continuously improve performance.
* Highly motivated person who creates an atmosphere in which people work together effectively to produce superior results.
* An analytical and effective problem solver with a strong strategic orientation.
* Influencing /Coaching skills
* Strategic thinking and visioning
* Influencing /Coaching skills

Physical Requirement:
* Ability to sit at a computer monitor for extended periods of time
* Ability to perform repetitive finger, hand, and arm movements
* Ability to lift 25lbs.
* Ability to clearly hear, see, think, and speak
* Ability to effectively discern information and formulate appropriate action
* Ability to reach, squat, bend, and manually manipulate standard office equipment
* Ability to bend, reach, crouch, walk, push, pull, and carry objects.

Other Job Information

Vacancy type:

Full Time

Contact Mode:

1-800-305-1905

Fax:

not provided

Contact Name:

not provided

Job Duration:

not provided

Phone:

253-305-1900

Email:

not provided

News - Columbia Banking System Inc.

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