Compliance Manager jobs in Rhode Island

Compliance Manager manages the compliance programs, policies, reporting, and practices for an organization or business. Ensures that all activities follow regulatory requirements related to the governance of the organization as well as any industry-specific or location-specific laws. Being a Compliance Manager oversees internal controls and auditing systems that monitor and report on regulated activities and processes. Implements risk-based compliance testing of existing procedures and controls to identify, detect, and correct noncompliance. Additionally, Compliance Manager evaluates and implements changes to compliance processes due to new or amended regulations. Delivers communication and training initiatives that inform stakeholders about compliance requirements. Requires a bachelor's degree or equivalent. Typically reports to a director. The Compliance Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compliance Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Compliance Manager
  • Brookline Bank
  • Lincoln, RI FULL_TIME
  • Principal Objective

    Assists in managing the Fair Lending compliance program for Brookline Bancorp’s subsidiary companies by focusing on the day to day operational compliance activities as it relates to Fair Lending and collaborate with stakeholders in the overall administration of these directives for the Bank.

    Principal Duties And Responsibilities

    This position assists the Chief Compliance Officer as requested, in administering the overall Fair Lending compliance program for Brookline Bancorp. Specific responsibilities will include:

    Maintain a thorough knowledge of federal and state laws and regulations including, but not limited to the following:

    • Equal Credit Opportunity
    • Home Mortgage Disclosure Act
    • Community Reinvestment Act
    • Service Members Civil Relief
    • Fair Housing Act
    • Unfair, Deceptive and Abusive Acts and Practices
    • Fair Debt Collections
    • Privacy
    • Fair Credit Reporting
    • Related MA, RI and NYS laws and regulations
    • Monitor the Bank’s compliance with Fair Lending laws by performing statistical analysis of lending activity to identify fair lending risks and patterns and the geographic distribution of loan products, deposit products, and service delivery systems.
    • Assist in compiling and analyzing Fair Lending compliance metrics in context of the Bank’s lending practices and relationship to fair and responsible banking laws and regulations to identify factors that may contribute to an elevated risk profile.
    • Maintain current knowledge of lending products, programs, operations, systems, and controls.
    • Maintain knowledge of applicable laws and regulations as well as internal controls at each entity necessary to satisfy requirements and work with the business units and Management as necessary to prepare for changes in regulations, guidance, and requirements.
    • Assist in developing and delivering supplemental compliance training programs as required, and prepares written communications of regulatory changes pertaining to areas of Fair Lending to ensure employee understanding.
    • Maintain current regulatory information on the compliance database pertaining to areas of specialty.
    • Coordinate the management monitoring component of the Compliance Programs for all banks. Prepares, delivers and follows up on completed monitoring reports for all areas on a monthly basis.
    • Assist management on day to day basis by answering questions and conducting necessary research pertaining to areas of specialty.
    • Assists business line management in the proper resolution of any noted deficiencies in audits as well as from regulatory examinations and monitoring.
    • Assists the Chief Compliance Officer during regulatory examinations and assist the Internal Auditor with compliance related internal audits as necessary.

    Job Specifications (Skills, Knowledge And Abilities Required)

    • Bachelor’s degree in business or liberal arts.
    • Certified Regulatory Compliance Manager (CRCM).
    • 5 years of compliance or related business experience
    • Solid knowledge of fair lending regulations
    • Excellent written and oral communication skills
    • Thorough knowledge of MS Word and Excel, Fair Lending software preferred

    Behavioral Skills

    • Consistently demonstrate behaviors associated with Brookline Bancorp’s Core Four values: adaptability, accountability, leadership, and teamwork.

    The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.

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Regulatory Compliance Manager
  • Spherion CT/RI/Western MA
  • Albion, RI FULL_TIME
  • Benefits:Competitive salaryOpportunity for advancementTraining & developmentEnsure regulatory compliance and facilitate market expansion by managing certifications and submissions to domestic and inte...
  • Just Posted

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REGULATORY COMPLIANCE MANAGER
  • Spherion
  • Lincoln, RI FULL_TIME
  • Now hiring for Regulatory Compliance Manager. Spherion of Rhode Island currently has Regulatory Compliance Manager opportunities available to support our local, industry leading customer. Our Regulato...
  • Just Posted

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Product Regulatory Compliance Manager
  • Fujifilm
  • North, RI OTHER
  • Overview Who We Are FUJIFILM Electronic Materials, U.S.A., Inc., is a global leader in chemical solutions which enable the semiconductor industry and the digital universe. We have an exciting opportun...
  • 27 Days Ago

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Regulatory Compliance Manager
  • EKS Solutions
  • Lincoln, RI FULL_TIME
  • Benefits: Competitive salary Opportunity for advancement Training & development Ensure regulatory compliance and facilitate market expansion by managing certifications and submissions to domestic and ...
  • 2 Days Ago

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Product Regulatory Compliance Manager
  • FUJIFILM Electronic Materials U.S.A., Inc.
  • North, RI FULL_TIME
  • Who We Are FUJIFILM Electronic Materials, U.S.A., Inc., is a global leader in chemical solutions which enable the semiconductor industry and the digital universe. We have an exciting opportunity at ou...
  • 7 Days Ago

Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Manager jobs
$125,462 to $171,859

Compliance Manager in Asheville, NC
Usually, compliance managers develop and implement control systems for dealing with violations of compliance guidelines and policies.
February 09, 2020
Compliance Manager in Binghamton, NY
Compliance managers should have great leadership capabilities with the natural ability to solve serious problems.
December 17, 2019
Compliance Manager in Springfield, OR
Given the increasing volume of work, it’s no surprise that compliance manager salaries are on the rise.
December 22, 2019