Director of Risk Management & Compliance Officer

This job was posted by https://joblink.delaware.gov : For more information, please see: https://joblink.delaware.gov/jobs/1570399 ## Director of Risk Management & Compliance Officer Pay Grade Wilmington, DE, US 23 days ago Requisition ID: 1000 Director of Risk Management & Compliance Officer Location: Wilmington, Delaware\ Employment Type: Full-Time, Exempt\ Division: Risk Management / Control Division\ Reports To: President & CEO About the Position Reporting directly to the President & CEO, the Director of Risk Management & Compliance is responsible for maintaining Satisfactory or better regulatory ratings through a robust Compliance Management System and Audit Plan that identify, assess, and manage enterprise-wide risks while ensuring compliance with Bank policies, procedures, and applicable federal and state banking laws and regulations. This position provides leadership for the Banks Regulatory, Audit, and Compliance functionsincluding BSA, Security, and Loss Preventionand oversees the associated team and third-party support. The ideal candidate brings demonstrated regulatory acumen, sound judgment, and the ability to translate complex compliance requirements into practical, well-supported bank operations. The successful candidate will work closely with executive leadership and the Board, taking a hands-on approach to protecting the Bank, supporting sound business practices, maintaining a strong culture of compliance, and contributing to the ongoing evolution of the Banks risk management and compliance programs. What Youll Do As the Director of Risk Management & Compliance Officer, you will: - Design, implement, and oversee the Banks compliance and audit risk assessment programs, including CRA, HMDA, lending, and deposit regulations. - Coordinate regulatory examinations, compliance monitoring activities, and internal and external audits while ensuring timely resolution of findings. - Monitor changes in banking laws and regulations and recommend practical enhancements to the Banks compliance and risk management programs. - Manage the Banks policy governance framework and present new and revised policies to executive leadership and the Board of Directors. - Design and administer the Banks compliance education and training program. - Implement and maintain the Banks vendor management program, including third-party due diligence, ongoing monitoring, and regulatory compliance oversight. - Collaborate with compliance consultants, external auditors, regulators, and third-party partners to support examinations, audits, and compliance initiatives. - Integrate risk management perspectives into strategic and operational decision-making across the organization. - Conduct exit meetings and prepare compliance and audit reports for Executive Management, the Compliance Committee, the Audit Committee, and the Board of Directors. - Chair the Compliance Committee. - Serve as the Banks Community Reinvestment Act (CRA) Officer and oversee the Banks CRA program, regulatory performance, community outreach, and related reporting. - Support Consumer Lending, Commercial Lending, Deposit Operations, Marketing, BSA, Security, and Loss Prevention in meeting applicable regulatory requirements. - Develop and maintain the annual Audit Risk Assessment and Audit Plan in coordination with the Banks external audit firm. - Coordinate regulatory responses, corrective action plans, and required regulatory reporting. - Provide leadership for assigned staff while fostering collaboration, accountability, and professional development. What Y oull Bring Education Bachelors degree from an accredited four-year college or university. Experience 57 years of progressive regulatory compliance experience, or an equivalent combination of education and experience. Leadership Management and leadership experience with cross-functional teams. Certification Certified Regulatory Compliance Manager (CRCM) preferred; ability to obtain certification within 2 years of hire is required. Skills & Abilities Stron