Compliance Manager (Banking) jobs in Boca Raton, FL

Compliance Manager (Banking) supervises daily operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Manager (Banking) monitors activity and ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Compliance Manager (Banking) maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a director. The Compliance Manager (Banking) supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Compliance Manager (Banking) typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)

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Compliance Manager
  • Hedrick Brothers Construction
  • Beach, FL FULL_TIME
  • Job Title: Compliance Manager

    Reports To: CFO



    ESSENTIAL DUTIES AND RESPONSIBILITIES:


    • The Compliance Manager is a leader in Insurance and Risk Management responsible for leading and/or assisting in multiple functions, including the execution of property and casualty insurance, surety, subcontractor default insurance, and captive insurance.
    • Within the construction field, will oversee and review Compliance Items, including licenses, W9’s and certificates of insurance policies/ endorsements, submitted by our subcontractors across all projects within the Company.
    • Responsible for ensuring proper tracking by Project Personnel of all compliance items within the Company’s project management software.
    • Will provide daily management and support for all insurance functions including risk management, insurance, risk finance, captive insurance, and contractual risk transfer.
    • The Compliance Manager is a business partner across the organization advising both internally and externally as subject matter expert on construction insurance and risk management topics.
    • Will assist the CFO, VP of Legal and Business Affairs, the President of Commercial, and the President of Residential Divisions in any/all insurance related matters.
    • Identifies and implements processes to maximize team efficiency.
    • Assists in the annual insurance renewal process for construction operations for all lines of property and casualty, including casualty, equipment, builder’s risk, pollution liability, professional liability, management liability, cyber, and related financial lines.
    • Manages and elevates overall property and casualty insurance portfolio, including captive and affiliated companies.
    • Assists in the management of broker and carrier relationships.

     

     EXPERIENCE AND QUALIFICATIONS:

    • Have a breadth of experience in insurance and surety, preferably with a strong acumen in construction risk management and risk financing.
    • A minimum of 5-8 years of experience in insurance and risk management, with more than 5 years at the management level.
    • Ability to fully understand complex insurance and risk management concepts including ability to read and interpret policy language.
    • Solution-focused problem solving and critical thinking skills considering varied perspectives.
    • Project-management minded time management for managing multiple projects, deliverables, deadlines, and priorities.
    • Comfortable with construction contract insurance and surety review, interpretation, and drafting.
    • Adept with data analytics and Microsoft Excel.
    • Exceptional written and oral communication skills to clearly articulate insurance concepts, process, and expectations.
    • Strong ability to deliver timely, targeted, concise, and persuasive communication to leadership; ability to analyze complex concepts and summarize.
    • Comfortable with managing large data sets, creating charts/ tables, and drawing conclusions from these data.
    • Experience managing multiple concurrent projects and teams.
    • Excellent organizational, analytical, leadership, and critical thinking skills.

     

    PHYSICAL DEMANDS:

    • Ability to sit with back at a 90-degree angle for up to 8 hours per day.
    • Ability to look at a computer for up to 8 hours per day.
    • Full dexterity of wrists and fingers required with repetitive motions.
    • Ability to occasionally lift, push, pull or carry up to 30 pounds.
    • Ability to regularly lift, push, pull, or carry up to 10 pounds.
    • Ability to occasionally lift files, open filing cabinets by bending at the waist or stand on a stool as necessary.


    Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.



  • 7 Days Ago

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Compliance Manager
  • Apartment Management Consultants, LLC
  • Beach, FL FULL_TIME
  • We are currently seeking a Compliance Manager! The Compliance Manager is responsible for ensuring compliance in Low-Income Housing HUD/Tax Credit rules and regulations by overseeing programs, policies...
  • 1 Month Ago

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Relationship Manager I - Business Banking
  • PNC
  • Palm Beach Gardens, FL FULL_TIME
  • Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
  • 29 Days Ago

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Manager Regulatory & Compliance
  • NuCO2
  • Stuart, FL FULL_TIME
  • The Manager of Regulatory Compliance is responsible for the following business functions: o Equipment permitting o Internal and third-party inspection services o Third-party contractor services o Regu...
  • 11 Days Ago

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Inventory Control and Compliance Manager
  • Clare Holdings, LLC
  • Riviera, FL FULL_TIME
  • Merchants Market, LLC is a full-service food distribution company that provides a variety of services to meet the needs of our customers. We have over 50 years of experience in providing full and dire...
  • 13 Days Ago

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Inventory Control and Compliance Manager
  • MERCHANTSMARKET
  • Riviera, FL FULL_TIME
  • Job Summary:The Inventory and Compliance Manager role at Merchants Export involves overseeing all inventory and compliance operations. Essential Functions:• Oversees inventory controls in all temperat...
  • 15 Days Ago

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0 Compliance Manager (Banking) jobs found in Boca Raton, FL area

According to the United States Census Bureau, the city has an area of 29.1 sq mi (75.4 km2), of which 27.2 sq mi (70.4 km2) of this is land and 1.9 sq mi (5.0 km2) of it (6.63%) is water. Boca Raton is a "principal city" (as defined by the Census Bureau) of the Miami metropolitan area. Approximately 1 sq mi is on the barrier island Deerfield Beach Island (DBI), also colloquially known as Deerfield Cay. Like other South Florida cities, Boca Raton has a water table that does not permit building basements, but there are several high points in the city, such as 4th Avenue which is aptly named "Hig...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Manager (Banking) jobs
$75,211 to $115,556
Boca Raton, Florida area prices
were up 1.5% from a year ago

Compliance Manager (Banking) in Manchester, NH
Manage all compliance matters – both financial crimes and non-financial crimes –within the International Private Banking Division at the IDB Bank’s Aventura, FL branch.
December 26, 2019
Compliance Manager (Banking) in Boca Raton, FL
Banks spend tens of billions of dollars each year on regulatory compliance and ensuring that they are following all the banking guidelines.
December 20, 2019
Compliance Manager (Banking) in Fort Collins, CO
The broad range of illegal or suspicious practices in the financial industry has recently re-ignited the discussion of compliance issues.
February 06, 2020