COMPLIANCE OFFICER

Union Bank of CaliforniaInvest in your career. Invest in your future. At Union Bank of California, our people are our greatest asset. We are one of the largest banks in California with a longstanding reputation for professional training and career development. In addition to investing in our employees, Union Bank has established a generous community reinvestment program that works to uplift communities and watch them grow. We invest in a diverse workforce as our employees come from many different backgrounds, bringing with them different experiences and perspectives. Become part of a team where community, diversity, and exceptional service are part of everyone’s job. Invest in you! Job Summary
Independently monitor compliance in the assigned compliance focus area(s), and communicate this information to line compliance personnel.  Develop and produce regular reports for line and executive management.  Significant effect at division or group level, and has a moderate to significant effect on the Bank's overall operations, public image, regulatory evaluation, etc. 

 

The Compliance Coordinator III is distinguished from the Compliance Coordinator II with respect to the complexity of assignments, and the level of interaction with executive management.  In addition, this position is expected to be able to handle the management of several complex assignments simultaneously.

 

Major Responsibilities
The Compliance Quality Control Office will be responsible for the overall compliance QC reviews using industry standard or OCC guidance sampling methods and for the development of quality control standards to be used within the compliance area. Sets and helps to set minimum standards for compliance testing and monitors results.  Provide an ongoing assessment of the Bank’s compliance focus area and risk factors to help determine the level of review required. Advise executive and line management on emerging compliance issues, and assist line unit compliance officers in establishing policies, procedures and controls.
 
Keep up-to-date on changes in laws and regulations impacting the assigned compliance focus area(s) and promptly communicate this information to line compliance personnel, and/or executive management.  Can also provide technical expertise as needed to implement the changes.

Work independently to create/maintain databases and comprehensive status reports for providing risk-focused information regarding the Bank’s compliance with certain regulations (e.g. CRA) to executive and line management.
 
Coordinate regulatory examinations of the assigned compliance focus area(s) by federal regulators or other internal or external auditors.
 
Monitor status of any necessary corrective actions.
 
Maintain effective working relationships with line and compliance management, and provide technical assistance, training, information, and analysis to line compliance personnel.
 
Initiate and complete special project assignments, such as due diligence examinations, task force projects, or special ad hoc reviews delegated by Team Leader or Chief Compliance Officer.
 
Keep Team Leader and Chief Compliance Officer informed of compliance issues.Typically requires a minimum of six years of compliance experience in the focus area or equivalent banking work experience in regulatory compliance, or other related area of banking, with at least three years of direct compliance experience. Must have experience in quality control, testing or auditing as it relates to compliance.   A BS degree in business, finance, criminal justice or other relevant discipline, and professional certification in either CRCM or CRP is highly desirable.  Excellent ability to analyze, communicate verbally or in writing and make recommendations effectively regarding complex laws and regulations to line personnel and senior management.  Demonstrate good leadership, consulting, presentation and project management skills.  Intermediate knowledge of Microsoft.  Union Bank of California offers a competitive compensation and benefits package including a 401K plan. Pre-employment background screening is required for all positions. Union Bank of California is an equal opportunity employer.