Manager of Compliance

Primary Office Location:

626 Washington Place. Pittsburgh, Pennsylvania. 15219.

Join our team. Make a difference - for us and for your future.

Please Note: For this role for this role, 7 years of related experience is required, the 10 years listed below is preferred

Preferred Experience / Qualifications

• Experience providing compliance oversight or advisory support for trust, fiduciary, wealth management, or private banking activities, preferably within a national bank, state-chartered trust bank, or bank trust department.
• Working knowledge of 12 CFR Part 9 (Fiduciary Activities of National Banks) and the regulatory requirements applicable to the exercise of fiduciary powers.
• Experience interpreting and applying fiduciary requirements, including duties related to account acceptance and administration, investment oversight, conflicts of interest and self-dealing, custody and safeguarding of fiduciary assets, recordkeeping, and fiduciary audits.
• Understanding of compliance considerations associated with trust administration, estates, personal trusts, employee benefit accounts, investment management, and other fiduciary relationships.
• Ability to assess business processes and controls for compliance with applicable federal and state trust and fiduciary requirements and provide practical guidance to business partners.
• Experience conducting or supporting compliance risk assessments, monitoring/testing, regulatory change management, issue management, policies and procedures, and regulatory examinations involving trust or fiduciary activities.
• Experience working directly with trust officers, fiduciary administrators, investment personnel, Legal, Risk Management, Audit, and senior business leaders.
• Familiarity with OCC examination expectations and the ability to translate regulatory requirements into practical controls and business processes.
  
  

Position Title: Manager of Compliance

Business Unit: Compliance

Reports to: Director of Corporate Compliance

Position Overview:

This position is primarily responsible for managing a team of compliance professionals responsible for providing Line of Business specific (i.e. Retail, Commercial) or enterprise-wide oversight for high-impact laws, rules and regulations (i.e.  SCRA, FDPA, ECOA, FHA and UDAAP). The incumbent defines and implements the strategic direction for areas of coverage, conducts monitoring, testing and risk assessment of compliance programs, manages policies and procedures. The incumbent is a subject matter expert and interacts with senior leaders in the organization and regulatory agencies.   

Primary Responsibilities:

Supports the corporation's Compliance Risk Management Program by implementing a compliance risk assessment process that provides systematic methods for evaluating the effectiveness of the corporation affiliates in complying with applicable federal and state consumer protection laws and regulations and related internal policies and procedures.

Manages the department to ensure that all company functions conform to federal, state and local regulations, develops appropriate policies, procedures, contracts and documents to ensure compliance with appropriate laws and regulations and organizes the activities of the department to achieve established goals and monitors efficiency and performance versus established standards.

Maintains current data of new and pending laws and regulations directly affecting the corporation.  Ensures that all applicable changes are implemented and communicated to appropriate personnel.  Schedules reviews and training sessions on current laws and regulations as needed.  Contributes to the maintenance of the regulatory repository.

Oversees the development and maintenance of internal recordkeeping for consumer compliance examinations.  Assures that consumer complaints and notices are handled properly in coordination with the appropriate department managers.  Assists in the development of the annual budget for the department and adheres to budget parameters.

Develops, communicates and implements compliance-related strategies related to Business as Usual or point-in-time transformation initiatives.

Develops and provides periodic reports to the Board of Directors or appropriate committee and other groups as required throughout the corporation.  Gathers and assimilates comments from applicable business units and compliance personnel and coordinates regulatory exams and prepares regulatory comment letters for coverage area.

Establishes and maintains processes and procedures for identifying, measuring and evaluating risk through transactional testing, continuous monitoring, system or process assessments or other validations or testing appropriate to the area being evaluated.  Develops dynamic assessment plans to ensure reviews are conducted regularly and according to risk standards.

Establishes and maintains a collaborative relationship with internal audit, participates in the quarterly review assessment with the General Auditor, supports regulatory examination process by coordinating assimilation of documents in response to examination request letter and participates in exam status meetings as necessary.

Assists affiliates in developing and implementing compliance programs by providing technical advice as guidance in ensuring programs include adequate monitoring of compliance requirements and reporting of results.  Gathers and assimilates comments from applicable business units and compliance specialists and coordinates preparation of regulatory comment letters.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines.  Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

10

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent management skills   

Excellent communication skills, both written and verbal   

Excellent customer service skills   

Ability to use general office equipment   

Ability to use a personal computer and job-related software   

MS Word - Basic Level   

MS Excel - Intermediate Level   

MS PowerPoint - Basic Level   

Experience conducting assessments or comparable production experience.  Experience with Access, ACL or other database systems preferred.  Knowledge of federal and state consumer protection laws and banking regulations.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

Certified Regulatory Compliance Manager designation preferred.

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A  

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.