Vice President of Compliance & Risk Greater Dallas, TX Area

The Company is seeking a Vice President of Compliance and Risk, a key officer position responsible for the overall BSA and compliance risk management process. The successful candidate will be dedicated to the company's mission of providing a superior banking experience and will ensure that the organization maintains compliance with regulatory guidance. This role involves developing and implementing a risk-focused compliance program, providing technical advice and guidance to management and staff, and directing compliance staff in the identification, measurement, and monitoring of compliance risks. The VP will also be responsible for board reporting, interaction with external regulatory agencies, and for staying abreast of and ensuring adherence to all relevant security responsibilities. Applicants for the Vice President of Compliance and Risk position at the company should have a bachelor's degree, with CRCM and/or CAMS certification preferred. A minimum of 7 to 10 years' of experience in banking, including 3 to 5 years' in compliance, is required. The role demands a candidate with a strong knowledge of BSA/AML regulations, experience with industry-related systems and software, and a background in high-risk money services business (MSB) accounts. The VP will be tasked with maintaining a current knowledge of all relevant regulations, interpreting and implementing new and revised requirements, and ensuring that the company's policies and procedures are in line with applicable laws. Additionally, the role involves managing and supervising compliance, BSA, and risk management personnel, as well as coordinating with regulatory examiners and independent auditors.

Hiring Company

State Bank of Texas