Compliance Officer II-Deposits

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GENERAL FUNCTION:

Leads in the identification, assessment, investigation, and remediation of Retail and Deposit risks and the execution of procedures to evaluate the Bancorp's compliance with laws, regulations and industry standards. Develops and implements strategies for closing gaps in performance. Works mostly self-directed, with minimal supervisory oversight. Also works within department and cross-department teams.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. Operates within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Participates in the analysis of Retail banking policies and procedures and provide oversight to lines of business to ensure compliance with state and federal banking regulations.
• Analyze risk assessments, strategic priorities, deposit initiatives, regulatory trends, audit findings, and legal input to identify and address risks.
• Support the review and remediation of deposit/retail gaps, including evaluating testing and monitoring results from both the first and second lines of defense (e.g., Business Controls, RCOM, CTP).
• Assist the CPBC Manager and/or Director in supporting task forces or working groups focused on compliance issues and remediation strategies.
• Review deposit/retail related complaints requiring subject matter expertise to support complaint management processes.
• Serve as a compliance subject matter expert for procedure and customer facing document reviews.
• Contribute to the annual Compliance Risk Assessment.
• Coordinate and conduct cross departmental meetings to collaborate or disseminate information to business partners.

Job Requirements

• Bachelor's degree or equivalent work experience required.
• 5+ years' experience as Officer or equivalent work experience.
• Computer/Technical: Demonstrates working or functional proficiency sufficient to apply the use of software applications (Microsoft Office Suite) without assistance and minimal supervision.
• Able to understand and conceptualize basic statistical analysis and theories. With solid experience in manipulating (validating, correcting, reformatting, and transforming) data into more than one format, (e.g. spreadsheets, flat files, databases, etc.).
• Advanced understanding of consumer finance and of Fifth Third Banking products, business lines, Affiliate structure and operations, and Corporate support organization. Including, the bank's management teams and decision-making operations.
• Strong understanding of the Federal Reserve and consumer financial Protection Bureau (CFPB) Examination standards and general Regulatory issuances.
• Advanced understanding of the operations and interdependencies of the Affiliates and Bancorp.
• Expertise understanding of fair lending and responsible banking laws and regulations and the technical requirements of the Community Reinvestment Act (CRA), Interagency fair lending, Examination Procedures (IFLEP) and the Interagency CRA Examination Procedures (IEP).
• Excellent oral and written communication skills. Effectively communicates upward, downward and laterally. Displays a positive business presence with management and external contacts.
• Must be able to demonstrate sound judgment and apply logical and critical thought processes when developing and recommending solutions.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.