Start Date 2018-04-11
Location New Jersey
Job Information

(To Apply Please contact Diane Katz at diane.katz@primesoftinc.com)

Location: New Jersey

Client: Direct-NJ Based Financial Institution (Community Bank)

Citizens and Green Card Holders Only

Type of Position: FT Salaried Employee

CAMS Certification Holders Please


The Consumer Compliance Manager is a key position in our Client’s Compliance department. This position is responsible for implementing and maintaining the Consumer Compliance Program for our Client which includes risk assessment, training, change management, and other key functions. An exciting opportunity to be a part of an evolving company and evolving compliance program. 


The Consumer Compliance Manager, directly or through oversight responsibility: 

  • Implements and manages the Consumer Compliance Program, which emphasizes compliance with consumer protection regulations.

  • Manages the risk-based compliance review function, including updating and maintaining the Consumer Compliance Risk Assessment.

  • Manages reporting processes relative to the Consumer Compliance Program.

  • Oversees and manages Consumer Compliance Policies.

  • Advises business line management on implementing appropriate procedures, processes and controls in line with applicable policies. Monitors business line adherence to those procedures, processes and controls.

  • Helps manage regulator interaction and communications with respect to Consumer Compliance.

  • Works closely with audit and maintains a sound relationship with the Company’s audit firm.

  • Helps effect the Consumer Compliance Training Program and manages the impacts of regulatory change.

  • Is a key stakeholder and business partner with respect to business change management; ensures new products and services are compliant

  • Manages and implements controls relative to third party relationships from a Consumer Compliance Perspective.

  • Helps continuously enhance and improve the Consumer Compliance Program, as well as keeps pace with new/changing regulations.

  • Willing to help as needed on various other compliance initiatives; is open to learning and experiencing other compliance initiatives that may focus on commercial lending, or other matters.

Additional Responsibilities:

  • Functions as a part of a team and realizes all members of the team are vital to its success.

  • Stays current with products and services the Bank is offering and with applicable laws and regulations

  • Performs other duties as required.

Job Skills/Qualifications:

  • Excellent interpersonal skills

  • Sound judgment

  • Detail oriented

  • PC proficiency

  • Understand Regulation D and Regulation E

  • In-depth knowledge of Consumer Compliance requirements

  • Minimum of a bachelor’s degree in Finance, Business, Accounting or related field.

  • Certified Regulatory Compliance Manager (CRCM) Certification Preferred

  • CAMS Certified Preferred

  • At least seven years of industry related experience in compliance functions required.

  • Experience managing teams or demonstrated ability to collaborate as an individual contributor is preferred.

  • Experience in current technology applications for financial services which support a Digitally-driven bank is a plus.

  • Experience with compliance programs for financial services complementary to banking (e.g., title insurance) is a plus.

(To Apply Please contact Diane Katz at diane.katz@primesoftinc.com)