Compliance Director, Testing & Monitoring

Posted 4 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
Senior level
Fintech • Software • Financial Services
The Role
Leads consumer compliance, BSA/AML, fintech partner, and regulatory testing and monitoring programs. Directs testing professionals, reviews results, reports risks and trends to management and board committees, validates issue remediation, coordinates audits and regulatory exams, and advises stakeholders on compliance controls. Requires strong knowledge of consumer compliance laws, leadership, project management, communication, and regulatory testing experience.
Summary Generated by Built In

ABOUT US

Here at MVB, our company culture defines the environment in which Team Members thrive. Our culture impacts a wide range of elements, including our purpose, values, expectations and goals that support growth and engagement – it is the secret sauce of our organization!

Our values live at the core of all that we do – Trust, Commitment, Teamwork, Adaptive, Respect, Love and Caring are our foundation for success. We are committed to fostering an environment focused on diversity, equity and inclusion, and we welcome Team Members from all walks of life. Join Team MVB today!

MVB Financial Corp. (“MVB Financial” or “MVB”), the innovative financial holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Through its subsidiary, MVB Bank, Inc., (“MVB Bank”) and the bank’s subsidiaries, MVB provides services to individuals and corporate clients in the Mid-Atlantic region, as well as to Fintech, Payment and Gaming clients throughout the United States. For more information about MVB, please visit www.mvbbanking.com.

This role can be based remotely.

Candidates must reside in one of the following states: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arkansas, Alabama, Arizona, Delaware, Indiana, North Carolina, Georgia, or South Dakota. 

ABOUT THE ROLE

The Compliance Director, Testing & Monitoring position is responsible for overseeing consumer regulatory testing activities within our banking processes.  This role will support the compliance programs for both core retail banking, as well as our FinTech business partners. This position is responsible for overseeing and directing a team of compliance testing professionals, fostering collaboration and ensuring alignment with organizational goals. The role requires strong leadership skills to guide the team in regulatory compliance initiatives and to support continuous professional development. The successful candidate will serve as a mentor and resource to team members, promoting an environment of accountability, innovation, and mutual respect.

WHAT YOU’LL DO

  • Lead a team of compliance testing and monitoring professionals and/or managed services in planning, executing and reporting the results of regulation-based consumer compliance testing, BSA/AML compliance testing, fintech partner testing and general compliance monitoring and oversight, ensuring compliance testing and monitoring activities are performed consistently and at a high level of quality.
  • Review testing results and create reports to properly communicate testing outcomes and risk profiles to management.
  • Provide guidance to staff regarding complex compliance issues. Evaluate team member performance through quality assurance reviews, performance evaluations and coaching. Foster a positive work environment focused on developing individual team member skills through learning and growth opportunities.
  • Partner with other Compliance Advisory, Enterprise Risk, Legal and Line of Business stakeholders in developing recommendations to enhancements to compliance controls.
  • Maintain a current knowledge of applicable laws, regulations and regulatory expectations (including industry enforcement actions and emerging risks).
  • Manage all logistical aspects of the testing process, including budgeting/scheduling, planning/scoping, executing, and reporting. It also includes coordinating activities with others involved in compliance assurance activities, including Compliance Advisory, Internal Audit, Legal and others across the organization.
  • Perform validation testing on issues to ensure they have been fully addressed.
  • Provide reports to leadership on overall testing results and trends.
  • Provide periodic status reporting to the various Management and Board level governance committees.
  • Manage the tracking and reporting of compliance testing issues.
  • Assist in researching compliance requirements that may arise during the compliance testing process.
  • Support and participate in regulatory exams, internal audits and internal compliance testing.

EDUCATION & WORK EXPERIENCE

  • Bachelor’s degree and/or commensurate work experience. 
  • 8+ years of consumer compliance, audit or regulatory exam support experience, with specific experience overseeing and performing compliance monitoring and testing activities.
  • Strong attention to detail.
  • Strong ability to work in an ever-changing environment.
  • Strong working knowledge of consumer compliance laws and regulations.
  • Strong ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines.
  • Strong written and verbal communication skills.
  • Ability to work independently.
  • Compliance certification, such as a CRCM or CAMS, preferred.
  • Must be comfortable working with people at varying levels of skill and authority.
  • Demonstrated commitment to service, organization values, and professionalism through appropriate conduct and demeanor always.

BENEFITS AT MVB

MVB Financial Corp., (“MVB”) offers an excellent selection of benefits for regular, part-time and full-time Team Members, including:

  • Medical, Dental and Vision Insurance
  • Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA)
  • Short- and Long-Term Disability Plan
  • Group Life Insurance
  • 401K Salary Deferral Plan
  • Wellness Program
  • Education & Tuition Expense Reimbursement
  • PTO and Unique Vacation Purchase Program
  • Nationwide Pet Insurance Coverage

#LI-Remote

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Bachelor's degree or commensurate work experience
  • 8+ years of consumer compliance, audit, or regulatory exam support experience
  • Experience overseeing and performing compliance monitoring and testing activities
  • Strong attention to detail
  • Strong ability to work in an ever-changing environment
  • Strong working knowledge of consumer compliance laws and regulations
  • Ability to manage multiple compliance reviews and projects while meeting deadlines
  • Strong written and verbal communication skills
  • Ability to work independently
  • Compliance certification such as CRCM or CAMS
  • Ability to work with people at varying levels of skill and authority
  • Residence in an approved state: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arkansas, Alabama, Arizona, Delaware, Indiana, North Carolina, Georgia, or South Dakota
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Fairmont, West Virginia
360 Employees
Year Founded: 1999

What We Do

During it's 20-plus-year history, MVB Bank has grown from a community bank with 35 employees to a forward-thinking, NASDAQ-listed, Russell 2000® company with more than 400 Team Members living in more than 25 different states. Headquartered in Fairmont, West Virginia, MVB Bank and the Bank's subsidiaries, the MVB Community Development Corp., Chartwell Compliance, Paladin, provide financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. MVB Financial Corp., the holding company of MVB Bank, is publicly traded on The Nasdaq Capital Market under the ticker “MVBF.”

Similar Jobs

Atlassian Logo Atlassian

Principal Software Engineer

Cloud • Information Technology • Productivity • Security • Software • App development • Automation
In-Office or Remote
94104, San Francisco, CA, USA
11000 Employees
174K-274K Annually

Atlassian Logo Atlassian

Principal Software Engineer

Cloud • Information Technology • Productivity • Security • Software • App development • Automation
In-Office or Remote
Seattle, WA, USA
11000 Employees

Atlassian Logo Atlassian

Architect

Cloud • Information Technology • Productivity • Security • Software • App development • Automation
In-Office or Remote
94104, San Francisco, CA, USA
11000 Employees
149K-235K Annually

Liberty Mutual Insurance Logo Liberty Mutual Insurance

Accountant

Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Remote or Hybrid
4 Locations
40000 Employees
83K-154K Annually

Similar Companies Hiring

Ford Energy Thumbnail
Automotive • Software • Energy • Utilities • Manufacturing • Renewable Energy
Glendale, Kentucky
55 Employees
Revel Thumbnail
Aerospace • Hardware • Robotics • Software
Marina Del Rey, California
70 Employees
Blee Thumbnail
Artificial Intelligence • Marketing Tech • Software
New York, New York
33 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account