Director of Corporate Compliance Advisory

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

Lead Corporate Compliance Advisory team by helping to develop, implement, and execute strategy for team. Reporting to the Chief Compliance Officer, support and manage bank-wide programs including, but not limited to, regulatory change management and regulation specific policies. Provide SME support to prevent, detect, and mitigate compliance risk across the bank. Manage implementation for large compliance projects.

Responsibilities

• Lead compliance advisory team for applicable laws, rules, and regulations, including credible challenge and assisting Business Units in strengthening and developing necessary controls.
• Maintain close relationships with risk and executive management, Business Unit, and Internal Audit to ensure compliance with compliance risk appetite and to allow for compliant solutions across the Bank.
• Review and approve related compliance policies, procedures, forms, and disclosures.
• Participate and provide expertise in completing compliance risk assessments.
• Assist in the development or review of compliance training and support / supplement Business Unit training, as necessary.
• Provide credible challenge of compliance issues and action plans to effectively resolve issues and ensure corrective action is effectively implemented.
• Manage timely completion of compliance issue validation records.
• Monitor regulatory changes and manage regulatory change management process, including working with Compliance Officer SMEs and Business Units. This may include tracking, analyzing, performing initial impact analysis, and working with the Business Units to operationalize requirements.
• Monitor regulatory implementation for projects managed under other Compliance Officers.
• Review third-party contracts for compliance impact and assist with appropriate due diligence and monitoring of vendor activities that have a compliance risk.
• Prepare committee packages and effectively communicate analysis in compliance management committees.
• Assist Chief Compliance Officer with strategic projects as needed.

Qualifications

• Minimum 15+ years of experience with regulatory compliance in a banking environment; knowledge of banking regulations and guidance (CFPB and FRB)
• Knowledge of relevant regulations, guidance, and industry leading practices
• Experience with project implementation and management
• Experience managing and developing staff
• Proficient in Microsoft Word and Excel is required

Additional Desired Skills and Qualifications

• Bachelor’s degree in a related field; advanced degrees or certifications (e.g., JD, CRCM) are preferred.
• Experience in audit or as regulatory examiner desirable
• Excellent oral and written communication skills; experience communicating with all levels of management, executive, and writing and presenting reports
• Collaborative and good at building and leveraging relationships
• Analytical and critical thinking

Compensation

The base pay range for this position is USD $170,000.00/Yr. - USD $230,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. #J-18808-Ljbffr