Compliance Manager - Deposit Products

Valley National Bank
$107,500.00-$187,800.00
United States, New Jersey, Morristown
70 Speedwell Avenue (Show on map)
Jan 27, 2025
The Compliance Manager-Deposit Products will assist the Chief Compliance Officer in managing all compliance risks associated with federal and state banking laws and regulations but with a focus on deposit products. Individuals in this position are expected to work independently and provide comprehensive analysis of compliance projects assigned to them. Additionally, this individual should have advanced skills in terms of data aggregation, analytics and reporting. 40 Responsibilities include, but are not limited to: Advise the Deputy Chief Compliance Officer on setting priorities for the department. Manage requirements for Regulatory Examinations and Internal Audits. Perform Compliance due diligence for mergers and acquisitions. Provide regulatory research and expertise to all business units of the bank. Assist the Deputy Chief Compliance Officer in developing compliance review programs. Develop and conduct compliance training in conjunction with the Education Resources Department. Conduct Deposit Products testing and risk assessments. Conduct compliance analysis of deposit marketing materials and provide effective feedback. Conduct targeted reviews of TISA, EFTA, EFAA, GLBA and provide detailed analysis. Conduct Fair Banking analysis of Overdraft Protection programs (ODP). Required Skills: Intermediate to advanced PC skills for Microsoft Office -- Word, Excel, and Outlook. Excellent verbal and written communication skills. Ability to analyze various compliance problems or regulations and develop effective solutions in conjunction with the Chief Compliance Officer. Ability to conduct research independently via written materials as well as electronic versions in an effective and professional manner. Ability to manage and complete projects effectively with little or no supervision. Required Experience: Bachelor's degree and a minimum of 5 years regulatory compliance related work experience. Preferred Experience: Master's degree and additional education such as having attended the ICB/ABA Graduate Compliance School, Institute of Certified Bankers/American Bankers Association (ICB/ABA) Undergraduate Compliance School or relevant work experience. ICB Certified Regulatory Compliance Manager (CRCM) certification. Exact compensation may vary based on skills, experience, and location. $107,500.00 $187,800.00