Careers

 
Corporate Title:            Chief Compliance Officer  
FLSA:                             Exempt
Department:                  Compliance 
Reports to:                    CEO
 
Company Overview
In 1948, Carver Federal Savings Bank was founded in New York City to serve African- and Caribbean-American communities that had been excluded from mainstream financial services. More than 65 years later, we remain dedicated to community development and financial inclusion. We are publicly traded and among the largest African-American managed banks in the country. Based in Harlem, we primarily serve low- to moderate-income communities in the New York City metro area. We reinvest more than 80% of our deposit base back into the communities we serve.
As we look to the future, Carver seeks to grow and become a premier financial institution, fueled by exceptional products, services, technology, and customer experience. That is where you come in. To help our bank reach the next level, we seek a talented, motivated, innovative, and proven compliance leader to join our executive team. 
 
Chief Compliance Officer Role
Reporting to the CEO, the Chief Compliance Officer (CCO) will be responsible for establishing and maintaining the Bank’s compliance program. In addition, the CCO will provide strategic advice on our regulatory and compliance environment, technical guidance on specific compliance matters, and supervision of the Compliance Officer and BSA Department.
 
DUTIES AND RESPONSIBLILTIES:

• Manages the design and implementation of the Bank’s compliance program, including policies, procedures, systems monitoring, technology-based controls, and training, as well as compliance monitoring and testing; periodically reviews the effectiveness of the program in light of business, industry, regulatory, market, and other developments.
• Assesses and monitors the compliance risks associated with the Bank’s business activities, operations, and products and services.
• Manages Carver’s relationship with regulatory agencies (primarily our federal banking regulator, the Office of the Comptroller of the Currency), including managing exams, remediation of regulatory findings, and communication with regulators.
• Oversees implementation of the BSA program, including the BSA risk assessment, policies, processes and procedures; periodically monitors the effectiveness of the BSA program and recommends enhancements as needed.
• Develops and maintains an enterprise risk management program appropriate to the size and scope of Carver.
• Implements and leads robust compliance training for employees and members of the Board.
• Chairs the management compliance committee.
• Serves as primary point of contact for financial regulators and manages Carver’s responses to regulatory inquiries and preparation for examinations.
• On a regular basis, reports to the Board of Directors on compliance matters, including actual or potential compliance program violations.
• Manages the Compliance Officer and BSA Department.
   

QUALIFICATIONS:

• Minimum of 10 years of progressive experience in banking compliance or regulatory roles.
• Minimum of seven years of experience dealing directly with banking regulators, preferably the Office of the Comptroller of the Currency.
• Strong analytical skills required to organize and analyze multiple, complex data.
• Strong interpersonal, communication and creative thinking skills.
• Prior management experience with four or more direct reports.
• Familiarity with compliance monitoring and testing systems.
• CRCM, CAMS, or similar certification preferred.
• Bachelor’s degree required; advanced degree preferred/JD highly desirable