Compliance Officer I - Vendor Management Oversight (Remote)

*This position can work remote from anywhere within the United States.

This position is within Compliance Program Management team and will be responsible for supporting the risk management compliance of the Bank through assisting the team in executing and facilitating key elements and/or compliance activities for oversight of various compliance programs such as Compliance Training, Third Party Risk Assessments, New Products and Change Management Assessments. The candidate maintains knowledge of new and existing laws that impact compliance activities in order to recommend necessary changes to mitigate compliance risk and provide oversight and perform compliance activities as needed. Reviews business processes, procedures, and activities for risks and inefficiencies and implements compliance new policies and procedures, as appropriate. Assists with internal and external audit reviews.

This position will be responsible for performing the following:

* Compliance Improvement - Analyzes laws and regulations as well as internal business processes and systems. Aids in the development and revision of policies, procedures, controls, that support regulatory compliance for oversight areas as needed. Perform compliance vendor due diligence assessments and work with Third Party Risk Management, Compliance SMEs and business owners to address potential issues, assess risks and controls and support in the facilitation of annual review process of due diligence process and documents. Also, perform various governance, oversight, and review activities in accordance with established policies for areas such as Compliance training, New Products and Change Management. Additionally, may assist with special projects or related business initiatives on need basis.

* Business Support - May provide support to business and other compliance management associates as needed during audit and compliance exams for areas of oversight. May serve as a liaison between business units, examiners, regulators, auditors, legal and corporate compliance during compliance examinations if needed. Tracks, investigates, and resolves issues related to oversight activities areas. Recommends process and operational improvements that enhance efficiencies and reduce risk. May provide support to business programs, systems, or others within Compliance department throughout daily activities.

* Reporting - Prepares reports for Compliance management on compliance risks, heightened areas of risks, compliance operational processes, changes, or new regulations that may be applicable to areas of oversight. Reporting to contain information related to activities that may be applicable for areas of oversight.

* Compliance Expertise - Maintains a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned oversight areas. Serves as a resource to management and compliance associates on compliance-related matters for oversight areas.

Bachelor's Degree and 4 years of experience in Compliance, Legal, Audit, Banking OR High School Diploma or GED and 8 years of experience in Compliance, Legal, Audit, Banking

Skills and Requirements:
* General understanding of general laws, regulations, and standards that are applicable to banking.
* Familiarity with Compliance Management Systems and the regulatory frameworks or regulations that apply to financial institutions, such as SR 08-8, and other frameworks that apply to areas under oversight such as TPRM, NPS, Compliance Training
* Good analytical, research, organizational skills; ability to perform regulatory research and analysis.
* Ability to work independently, take initiative and have good verbal and written communication skills.
* Microsoft office suite, including presentation, and SharePoint skills.
* Ability to maintain effective business relationships with functional partners
* Strong individual contributor with the ability to work effectively as a team.
* Flexibility in learning new topics, handling change and deadlines.

This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $95,000 and $125,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.