Senior Vice President/Compliance Officer

Posting Date:  09/02/22
Location:  San Jose
Department:  Compliance


Proactively directs the Company’s overall compliance risk management program.  Manages and ensures entity-wide compliance with all federal, state and local laws/regulations.  Manages employees in the Compliance & FRAML (Fraud-AML-BSA) Departments.


Identifies and monitors risks in the compliance, CRA, and fair lending functions of the Bank and any applicable subsidiaries to ensure adherence to the Board’s risk appetite statement.  Identifies any gaps and collaborates with business unit managers to resolve. Updates and maintains the Compliance Business Unit Risk Assessment (BURA). Assesses, updates, and maintains the Bank’s risk based compliance monitoring schedule; conducts/reviews compliance related monitorings in accordance with the Bank’s risk based compliance monitoring schedule. Assesses, updates, and maintains the Bank’s risk based compliance and CRA training schedules; plans and manages execution of the Bank’s online training program and conducts staff and Board of Directors compliance related, CRA and fair lending training.

Assesses and monitors the AML-BSA-OFAC compliance monitoring and training program. Oversees the Bank’s deposit compliance program; assesses, updates, and maintains the deposit compliance training program; drafts/reviews periodic monitoring and self-assessment reports. Assesses, updates, and maintains the Bank’s Consumer Privacy Program; updates policies and procedures; ensures compliance with all state and federal regulations regarding consumer privacy, including GLBA/CCPA/CPRA.

Oversees the collection and analysis of the Bank’s CRA data within the context of Large Institution Performance Standards, and drafts/reviews periodic monitoring and self-assessment reports.  Oversees the submission of CRA related regulatory reports within required timeframes.

Oversees the collection and analysis of the Bank’s HMDA data, as applicable and drafts/reviews periodic monitoring and self-assessment reports.  Oversees the submission of HMDA related regulatory reports within required timeframes.

Oversees the collection and analysis of the Bank’s Fair Lending data and drafts/reviews and presents periodic monitoring and self-assessment reports to management, the Compliance Committee, and the Directors’ Loan Committee/Board.

Drafts and maintains all lending and deposit compliance related policies and procedures based on regulatory changes or audits as necessary. Acts as a resource and researches compliance and all CRA and fair lending related issues; Liaisons with regulators and auditors in federal, state and local compliance and CRA related matters. Oversees the due diligence process to assess compliance risks inherent in any potential purchased loan portfolios as well as any potential merger or acquisition transaction.

All other responsibilities as assigned by manager.


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. Extensive knowledge of technical consumer and non-consumer lending and deposit compliance, AML-BSA, CRA and fair lending is required as well as a thorough understanding of Bank workflow.  Strong interpersonal, communication (oral and written), and organizational skills with the ability to work independently, as well as collaboratively within a team environment. Ability to interact effectively with all levels of management, the Board of Directors, and legal counsel. Strong problem solving, analytical and decision making abilities with attention to detail and accuracy. Proficient in Microsoft Office Suite. CRA Wiz experience preferred.

Compliance Responsibilities:

Responsible for ensuring compliance with all aspects of job related federal and state laws and regulations.  Responsible for keeping compliance knowledge current by attending compliance related training seminars and/or staff meetings (or reviewing minutes when not in attendance for actual meetings) and by reading pertinent compliance related materials/publications.  Job related laws and regulations include, but are not limited to, the following:  AML/BSA/OFAC/USA Patriot Act/USA Patriot Act/OFAC; Truth in Lending (Regulation Z); Equal Credit Opportunity (Regulation B); Fair Housing Act; Flood Disaster Protection Act; Emergency Preparedness/Disaster Recovery; Federal and State Financial Privacy Laws; Community Reinvestment Act (CRA); Home Mortgage Disclosure Act (HMDA); Fair Credit Reporting Act (FCRA); Fair Debt Collection Practices Act; Loans Secured by Margin Stock (Regulation U); Credit Practices Rule (Regulation AA); HUD Delinquent Homeownership Counseling; SAFE Act; Real Estate Appraisal Regulations; and Real Estate Settlement Procedures Act (Regulation X), Regulation O, Regulation CC; Regulation D; Regulation DD; Regulation E; GLBA; and CCPA/CPRA.

Supervisory Responsibilities:

Directly supervises employees in the Compliance and FRAML Departments. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Benefits include competitive salary, bonus plan, medical, dental, group life & long term care insurance, vision care reimbursement, 401(k), and tuition reimbursement program, and a health club allowance.

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