Chief Compliance Officer

Location
Fargo Corporate Office

Job Description:

Join Our Team as a Chief Compliance Officer at Gate City Bank!

Are you passionate about banking? Do you thrive in an environment where innovation is encouraged and excellence is celebrated? If so, Gate City Bank is looking for someone just like YOU to join our dynamic team!

Why Gate City Bank?

At Gate City Bank, we're more than just a financial institution - we're a community-focused organization dedicated to leaving a positive impact. Gate City Bank empowers our team members to live out our mission. Here's why you'll love working with us:

1. Make a Difference:

We believe in giving back to our community through our Acts of Kindness including volunteerism and philanthropic giving. When you work with us, you're part of something bigger than banking - you're part of a movement to create positive change.

2. Customer Obsession:

Our customers are at the heart of everything we do. We're committed to consistently listening to their needs and exceeding their expectations with personalized experiences that delight and enhance their lives.

3. Be a Leader : Integrity, honesty, and financial leadership are the cornerstones of our organization. As a member of our team, you'll have the opportunity to lead with integrity and contribute to our competitive products, services, and experiences.

4. Embrace Innovation:

We foster a culture of innovation where curiosity is encouraged, and creativity is celebrated. As a data-guru mindset cultivator, you'll have the chance to challenge the status quo, experiment with new ideas, and drive positive change that supports our bank's goals.

5. Sense of Urgency:

In today's fast-paced world, acting with a sense of urgency is crucial. At Gate City Bank, we proactively initiate positive change to remain a financial leader in our industry, and we're looking for individuals who share our commitment to making a difference.

6. Commitment to Compliance:

We hold ourselves to the highest standards of compliance and governance in everything we do. When you join our team, you'll be accountable for upholding these standards and contributing to a culture of excellence.

Job Responsibilities:

The Chief Compliance Officer reports to the EVP/Chief Risk Officer of Gate City Bank (the "Bank"). This role leads the Bank's Compliance and Responsible Banking/Fair Lending Programs and oversees the effectiveness of the Bank's Compliance Management Systems (CMS). This role also leads the Bank's Community Reinvestment Act (CRA) Program. The Chief Compliance Officer will be a key member of management and will work closely with leaders throughout the Bank to assess business processes for identifying and managing compliance risk and to deliver organizational effectiveness and efficiency. This role serves as a trusted business advisor and will bring a balanced and pragmatic risk-reward perspective that allows for effective partnership with senior management in reaching business goals. This includes being comfortable constructively challenging business leaders' thinking to ensure that the Bank achieves its risk management, operational, and commercial performance objectives.

ESSENTIAL FUNCTIONS:
Leads a risk-based organizational-wide compliance program designed to ensure the Bank's compliance with all relevant laws, regulations, and rules governing its operations and product and service offerings. Responsible for ensuring the Bank has an effective Compliance Management System (CMS) and satisfies the Bank's compliance risk management obligations under the OCC and other applicable regulatory guidance.
Leads Bank's Responsible Banking/Fair Lending Program.
Leads the Bank's CRA Program.
Leads the 2nd line Quality Control Testing Program, including GSE required mortgage QC testing.
Manages the 2nd line Compliance and Quality Control Testing Teams.
Manages the regulatory change process to collaboratively work with business partners to ensure legislative and regulatory changes are identified and implemented effectively on a timely basis.
Oversees and coordinates applicable regulatory compliance related communications and examinations.
Collaborates with executive and corporate leadership across the bank to serve as a resource for all aspects of compliance risk management.
Administers, maintains, and improves the compliance policies, procedures, and processes of the Bank.
Develops, collaborates, recommends, and achieves the approval annual budget for the division.
Participates in planning, development, implementation, and evaluation of strategic business and performance goals of the responsible areas.
Chairs the Executive Compliance Committee.
Oversees and ensures monitoring of requirements from banking regulatory agencies to ensure compliance.
Provides oversight of the compliance and quality control functions in accomplishing its goals and objectives.

SUPERVISORY RESPONSIBILITIES:
Provides overall direction, coordination, and evaluation of Compliance Department. Carries out supervisory responsibilities in accordance with the Bank's policies, procedures, and applicable laws and regulations.
Leverages the strengths of the team members, helps clarify roles and responsibilities, and develops and implements training and development in order to maximize and reach optimal individual and Bank goals.
Interviews, hires, and trains team members; plans, assigns, and directs work; gives real-time feedback to team members; recognizes, rewards, and disciplines team members; addresses complaints; and resolves problems.
Ensures team members are kept current on issues affecting job-related duties, responsibilities, and trends on a consistent basis.

EDUCATION AND EXPERIENCE:

Bachelor's degree required, MBA or JD preferred; Minimum 10 years of regulatory compliance experience in banking and/or financial services; Minimum 7 years of management/supervisory experience; Community Reinvestment Act (CRA) program experience; or equivalent combination of education and experience.

CERTIFICATES OR LICENSES:

At least one of the following certifications are required Certified Regulatory Compliance Manager certification (CRCM), Certified Anti-Money Laundering Specialist (CAMS). Certified Information Privacy Manager (CIPM)/Certified Information Privacy Professional (CIPP) or similar certification preferred.

ADDITIONAL SKILLS:
Technical knowledge of banking and compliance with a focus on consumer lending and deposit products and services.
Knowledge of federal statutory and regulatory framework, including key consumer and wealth management regulations (e.g., Truth-in-Lending Act, Truth-in-Savings Act, Home Mortgage Disclosure Act, Equal Credit Opportunity Act, Fair Housing Act, Real Estate Settlement Procedures Act, Electronic Funds Transfer Act, Community Reinvestment Act, Federal Trade Commission Act, OCC guidelines and regulations on predatory and abusive lending, privacy, complaint management, cash management, anti-money laundering and other suspicious activities)
Project management experience with large scale projects.
Appropriate use of technology tools, including Data Analytics, to drive audit effectiveness and efficiency.
Ability to influence/motivate others to produce desired results.
Well-established reputation and relationships with regulators.
Strong ability to work in a complex team environment requiring exceptional communication and organizational skills.
Leadership experience in enhancing/managing a compliance risk management program in a fast-growth environment.
Working knowledge of bank technology and operating systems.
Extensive knowledge of compliance and regulatory concepts, practices and methodologies.
Extensive knowledge of risk management principles and practices.
Drive a continuous improvement and value-adding culture in the Compliance Department. Keep abreast of developments in the compliance field and adopt changes to drive improvement.
Superior analytical and critical thinking skills.
Excellent listening, verbal, written and presentation communication skills. Strong influencing and negotiation skills.
Passion to help improve operations continuously.

EOE/including Disability/Vets

Member FDIC
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