Job Description

FirsTier Bank is a family-owned community bank currently servicing 10 branch markets throughout Colorado, Wyoming and Nebraska.

FirsTier Bank is searching for an experienced VP, Compliance Officer to join our Broomfield, Colorado team.

POSITION SUMMARY

As the Vice President of Compliance, you will be responsible managing the overall Compliance Management System in accordance with all regulatory laws. You will be overseeing all bank compliance matters which includes a variety of tasks such as planning, organizing, and controlling the bank's day-to-day compliance activities. Team leader and advisor.

MAJOR ACCOUNTABILITIES

You must collaborate with Executive Management and Associates on emerging compliance issues, participate in various committees, audits, and examinations. You will review and draft policies and procedures, monitor statues, court decisions, regulations, and publications to stay current with changes in compliance related laws and regulations. Manage the results of the outsourced audit work and exams, including findings, conclusions, recommendations, and corrective actions and responses. You must be knowledgeable of the applications, bank services and products, the policies, and the procedures of the bank, and well-versed in regulatory and agencies guidelines. BSA/AML experience is a plus.

You will be expected to consult and guide the bank in the establishment or refinement of controls to mitigate compliance and other regulatory risks. As a leader of the compliance group, you will provide direction, counsel, provide for professional development, address any performance issues, coordinate staff for coverage in assigned areas of the department, and be fully knowledgeable and skilled in all areas of the department.

Must be proficient in completing various risk assessments and the ability to partner with the applicable department heads in planning the audit scope for outsourced internal audits and compliance audits.

REPORTS TO:

Administrative/daily functions - The Chief Operating Officer

Compliance – Board of Directors and Audit Committee (as applicable)

SPECIFIC DUTIES

• Develop, review, and/or advise on update of policies and changes in law.
• Interpret and disseminate information on regulatory matters to appropriate management.
• Communicate current state of legislative issues to Management and Board.

• Review and offer advice on development/modification of bank's forms and contracts used in bank's operations.
• Review bank's Marketing and Advertising Material. Assist with website additions/revisions.
• Annually discuss and approve the department scope and schedule for the upcoming year.
• Perform and review the Bank's Risk Assessments annually and/or impacted by new services, products, vendors, or changes in regulatory and state guidelines.
• Complete the Enterprise-wide Risk Assessment.
• Conduct follow up reviews and investigations of irregularities of financial, operations, or regulatory compliance deficiencies noted during audits as requested by senior management or the BSA/AML Officer on fraud, embezzlement, and defalcations within the bank. Work in cooperation with law enforcement agencies in cases, as necessary.
• Communicate with the bank's Internal Audit Committee. Set meetings as needed to review & discuss audit/exam findings and recommendations to the appropriate management personnel based on the results of regularly scheduled audits, non-scheduled audits, and any-time, when issues need to be addressed by management and other such matters as deemed necessary.
• Develop training for areas that are lacking policies and procedures and make recommendations to the internal audit process to enhance internal controls, operating efficiency and the adequacy of bank records and record keeping.
• Participating member of the Project Team
• Serves as an advisor to the BSA/SAR Committee; member of the IT Steering Committee
• Serve as the bank's CRA Officer, overseeing the ongoing monitoring and reporting on the bank's CRA performance and compliance including ongoing maintenance of the CRA Public File, coordinating with third parties and bank staff in managing CRA related programs and keeping abreast of emerging CRA issues and regulatory perspectives.
• Provide oversight of the bank's HMDA/LAR tracking and ensure timely submission of applicable reports.
• Provide back-up to the bank's BSA/AML Officer role in the event the BSA/AML Officer is not available.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required. Duties, responsibilities, and activities may change at any time with or without notice.

Work Environment

Job Type: Full-time; Monday to Friday; 40 hours per week

This job is in-office within an office setting. Remote work is not available for this position.

Education/Experience

• Minimum of seven years of related experience within banking compliance and lending
• Advanced knowledge of related state and federal banking compliance regulations
• Management experience
• Certifications- must have one or more of the following: CBCO, CRCP, CRCM or commissioned examiner.

Benefits include:

• 401(k)
• Health insurance
• Dental insurance
• Vision insurance
• Flexible spending account
• Health savings account
• Life insurance
• Paid time off

Pay Range: $130,000 - $170,000 per hour. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience.

FirsTier Bank is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, pregnancy, disability, or any other protected status under applicable law.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

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