Job Description
The Chief Compliance Officer is responsible for maintaining an effective and responsive compliance management system that identifies and manages compliance risks, promotes a strong compliance culture, and supports adherence to applicable laws, regulations, standards, and internal policies.
As required by regulation, this role reports directly to the Audit and Compliance Committee of the Board and works closely with the Chief Executive Officer and management team in carrying out its responsibilities.
Duties and Responsibilities
Compliance Management and Advisory
- Provide the Board, Audit and Compliance Committee, and management with clear and timely guidance on relevant laws, regulations, and compliance matters.
- Develop and maintain the bank’s Compliance Program, Annual Compliance Plan, and long-term compliance plan using a risk-based approach.
- Identify and assess compliance...