COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and lender helping accelerate the transition to a sustainable and low-carbon economy. Headquartered in Chevy Chase, Maryland, Forbright is committed to accelerating the transition to a sustainable economy by financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service. COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful. COMPANY MISSION: We are a mission-driven institution with an uncommon commitment to decarbonization and sustainability. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating capital to financing the companies, investors, and innovators driving that change. We are reimagining how a bank should operate in a changing world. JOB SUMMARY: The VP, Compliance Operations Manager is responsible for managing the day-to-day oversight of the Compliance Monitoring and Testing function at the Bank as well as other Compliance Operations, such as special projects and compliance policy management, and regulatory change management. This position sits within the second line of defense and will play a key role in identifying and mitigating the Bank's compliance risk. DUTIES AND RESPONSIBILITIES: Lead the effective planning, scoping, executing, and reporting of compliance testing reviews as well as compliance regulatory issue validation activities Manage employees who perform Testing and Monitoring functions Build relationships with Key Stakeholders and communicate deficiencies and findings Support the Bank's Issues Management development and tracking of Compliance-identified findings Develop and implement Compliance Policies and Procedures to assist the bank with maintaining compliance with laws and regulations. Advise and consult with first line of defense business partners, as needed on compliance matters Participate in projects that involving the Compliance Department and that align with the Bank's Compliance Management Program Stay informed of industry issues, trends, and regulatory updates Coordinate activities around regulatory change management as they occur Perform other duties as assigned QUALIFICATIONS: 6-8 years in compliance management within a financial institution, mid-size or large bank experience preferred Bachelor's Degree preferred or 4 additional years of experience required CRCM or similar compliance certification preferred Strong, effective, and collaborative verbal and written communication skills are required Ability to balance competing priorities and thrive in a fast-paced work environment Substantive knowledge of State and federal consumer compliance regulations is required Ability to collaborate and communicate effectively with all company levels is required Demonstrated experience interpreting and applying federal and state laws, regulations and applicable guidance is required Ability to identify industry "best practices" for compliance programs in midsize or large banking organizations is preferred ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.
PERKS/BENEFITS: Comprehensive health, dental, and vision plans 4 weeks PTO 401k + company match Metro SmartTrip benefits ($50/mo) Remote or hybrid work schedules for most positions Bonuses for purchasing solar panels, electric vehicles, biking to work, etc. Paid subscriptions to Veterans Compost, Imperfect Foods, and more! Best Workplaces for Commuters 2023 & 2024 winner The Washington Post Top Workplaces 2023 winner American Banker Best Banks to Work For 2023 winner It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.
