Chief Compliance Officer

Job Description

The Chief Compliance Officer (CCO) is responsible to develop, coordinate, staff and implement an enterprise-wide compliance program commensurate with the size and complexity of the organization. He/she must have extensive knowledge and understanding of banking, trust and securities regulations. The CCO is responsible to develop and implement policies and procedures reasonably designed to achieve compliance with all laws and regulations applicable to Northwest and its subsidiaries. The CCO will work with all organizations within Northwest to establish and maintain a Compliance RCSA program. The CCO will provide ongoing reporting to senior management and Northwest's Board of Directors.

Essential Functions

* Strategically understand primary regulations including but not limited to the Equal Credit Opportunity Act, Fair Housing Act, Fair Credit Reporting Act, Community Reinvestment Act, Home Mortgage Disclosure Act, Service Members Relief Act, Unfair and Deceptive Abusive Acts or Practices trust and securities laws and regulations, Flood and Fair Lending activities in addition to other consumer, commercial, and operational laws and regulations

* Develop, coordinate, schedule, and implement an enterprise wide fair banking initiatives commensurate with the size and complexity of the organization

* Develop and prepare procedures to implement policies adopted for fair banking, fair lending, resolution management, UDAAP risk management and community reinvestment; Develop and ensure an adequate fair banking training program is maintained which includes far lending, UDAAP, CRA and diversity

* Coordinate, schedule, and implement an enterprise wide Compliance Management System (CMS) commensurate with the size and complexity of the organization

* Ensure compliance is built into strategic initiatives; Recommend compliance strategies for corrective action plans for compliance issues; Develop/implement the annual compliance plan; Formulate and present compliance policies and procedures;

* Provide ongoing Compliance oversight of the CRA program

* Develop/implement/ monitor a Complaint monitoring system to measure and correct compliance with consumer related regulations; Ensure compliance within subsidiaries and affiliates

* Develop communication process to ensure compliance awareness throughout Northwest; Report regulatory changes and developments, and relationships with regulatory organizations and community organizations

* Manage the Northwest's compliance library materials / data

* Develop and monitor a comprehensive compliance training program; Ensure an adequate compliance training program is maintained; Coordinate and ensure training initiatives; Oversight of implementation of training directives

* Utilize technology to identify, measure, monitor, and adherence to regulation and internal policies; Plan and schedule regular monitoring reviews; Monitor Northwest's adherence to compliance regulations; Develop tools and processes that enhance compliance efficiency

* Meet with external auditors and regulatory representatives; Coordinate responses to reports or examinations

* Identify and resolve compliance issues

* Consult with senior executives to maintain ongoing compliance to ensure compliant business growth; Provide consultative compliance guidance to business line managers; Consult with business unit managers to develop appropriate analysis of compliance risk; Analyze new legislation and consulting with affected business unit managers to coordinate required implementation plan

* Inform the Board of Directors, Executive, and Senior management of changes in relevant laws and regulations; Report deviations from the CMS to the Board; Submit proposed policies on compliance issues for consideration by the Board of Directors; Periodically report results of CMS to the Risk Management Committee of the Board; Report to the Board of Directors significant compliance issues

* Prepare management reports; Research and improve report data

Additional Essential Functions

* Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

* Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

* Work as part of a team

* Work with on-site equipment

Additional Responsibilities

* Other regulatory compliance functions as the organization may prescribe

* Manage departmental workload / workflow

* Recommend improvements to procedures

* Develop internal / external customer service levels

* Minimize departmental nonpayroll costs

* Manage work hours and FTE's to control costs

* Minimize risk monetary and strategic

Safety and Health for Supervisors with Direct Reports

* Provide leadership and positive direction for maintaining the safety and loss prevention program

* Actively participate in and support employee participation in the safety and loss prevention program by ensuring that employees know how to properly report a safety issue, making sure that all accidents are promptly reported to Human Resources and documented, and ensuring that prompt action is taken whenever workplace hazards are identified

* Help implement emergency procedures

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Bachelor's Degree in compliance / business related degree

Juris Doctor Degree

Work Experience

8 - 12 years

Compliance / business related experience

3 - 5 years customer service experience

3 - 5 years of legal experience

General Supervisory/Manager Knowledge, Skills, and Abilities

* Ability to identify existing and potential problems, obtain and evaluate relevant information, identify possible causes of the problems, and suggest an alternative course of action including innovative or creative approaches

* Ability to allocate and effectively use information, personnel, time, and other resources necessary for implementation of Northwest's strategic plans

* Ability to make decisions, render judgments, and take action on tasks within the scope of given authority in a timely fashion

* Ability to develop, evaluate, and implement alternative courses of action, based on correct assumptions concerning resources and guidelines, and support decisions or recommendations with data or reasoning

* Ability to present and express ideas and information effectively and concisely in an oral and/or written mode in a manner appropriate for the audience

* Ability to listen and comprehend what others are saying and facilitate the open exchange of ideas and information

* Ability to motivate and provide direction in the activities of others, appropriately assigning work and authority, in the accomplishment of goals; providing advice and assistance as required

* Ability to understand and appropriately apply procedures, requirements, regulations, and policies; maintain credibility with others on specialty matters

Licenses and Certifications

CRCM, Upon Hire

Additional Licenses and Certifications

Attorney at Law- Ohio, Upon Hire

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.