Fifth Third Bank

Compliance Officer - Regulatory Compliance Testing

Fifth Third Bank

Cincinnati, OH, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a detail-oriented and analytical professional looking for a challenging role that ensures the integrity of a financial institution? Do you have a strong understanding of regulatory compliance testing and a passion for maintaining ethical standards? Fifth Third Bank is seeking a highly skilled Compliance Officer to join our team and lead our regulatory compliance testing efforts. In this role, you will play a critical role in ensuring the bank's compliance with all applicable laws and regulations. If you have a keen eye for detail and a desire to make a meaningful impact, we want to hear from you!

  1. Conduct thorough and comprehensive regulatory compliance testing to ensure all operations and processes at the financial institution are in line with relevant laws and regulations.
  2. Develop and maintain a comprehensive understanding of all applicable laws, regulations, and industry standards to effectively assess compliance.
  3. Identify potential compliance issues and provide recommendations for remediation to ensure adherence to regulatory requirements.
  4. Collaborate with internal teams to implement necessary changes and improvements to processes and procedures to ensure compliance.
  5. Monitor and track changes in laws and regulations to ensure the bank is continuously meeting all compliance obligations.
  6. Develop and maintain relationships with regulatory agencies and stay updated on changes in their expectations and requirements.
  7. Prepare and present compliance reports to senior management and regulatory bodies.
  8. Conduct training for employees on compliance obligations and maintain a strong culture of compliance within the organization.
  9. Investigate and respond to compliance-related inquiries and complaints from internal and external stakeholders.
  10. Stay up-to-date with industry best practices and trends to continuously improve the bank's compliance program.
Where is this job?
This job is located at Cincinnati, OH, USA
Job Qualifications
  • Bachelor's Degree In Finance, Business Administration, Or A Related Field.

  • Minimum Of 3-5 Years Of Experience In Regulatory Compliance Testing, Preferably In The Banking Industry.

  • Strong Knowledge Of Federal And State Banking Laws And Regulations, Including But Not Limited To The Bank Secrecy Act, Anti-Money Laundering, And Consumer Protection Laws.

  • Excellent Analytical Skills With The Ability To Interpret And Apply Complex Regulations And Requirements.

  • Professional Certifications Such As Certified Regulatory Compliance Manager (Crcm) Or Certified Anti-Money Laundering Specialist (Cams) Are Preferred.

Required Skills
  • Risk Management

  • Communication Skills

  • Data Analysis

  • Attention to detail

  • Problem Solving

  • Report Writing

  • Investigative skills

  • Documentation management

  • Compliance monitoring

  • Regulatory Knowledge

  • Audit Preparation

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • flexibility

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Compliance Officer - Regulatory Compliance Testing in Cincinnati, OH, USA is $74,000 - $116,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual.

Additional Information
Fifth Third Bank is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 19th, 2024
Apply BeforeMay 22nd, 2025
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About Fifth Third Bank

Fifth Third Bank is a bank headquartered in Cincinnati, Ohio, at Fifth Third Center. Its main businesses are Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management.

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