Senior Compliance Officer

Are you passionate about promoting ethical and compliant practices within a financial institution? Do you possess a keen eye for detail and a thorough understanding of industry regulations? If so, Truist Financial is looking for a Senior Compliance Officer to join our team. As a leader in the financial services industry, we prioritize compliance and are seeking a highly skilled and motivated individual to oversee and ensure adherence to all regulatory requirements. If you are ready to take on a challenging and rewarding role, read on to learn more about the qualifications and responsibilities of a Senior Compliance Officer at Truist Financial.

1. Develop and implement compliance policies and procedures in accordance with industry regulations and best practices.
2. Conduct periodic assessments and audits to identify potential compliance risks and ensure proper adherence to policies and procedures.
3. Stay updated on all relevant laws, regulations, and guidelines to ensure the organization's compliance practices are current and effective.
4. Collaborate with various departments and teams to provide guidance and support on compliance matters.
5. Conduct training and education sessions to promote understanding and awareness of compliance requirements throughout the organization.
6. Monitor and track regulatory changes and proactively communicate any potential impacts to business operations.
7. Investigate and address any compliance incidents or concerns raised by employees, clients, or regulatory agencies.
8. Prepare and submit reports to senior management and regulatory agencies as required.
9. Develop and maintain strong relationships with regulatory agencies and stay updated on any changes or updates in regulations.
10. Lead and manage compliance audits and exams conducted by external parties and work towards remediation of any findings.
11. Develop and maintain a compliance risk management framework to identify, assess, and mitigate potential risks.
12. Serve as a subject matter expert on compliance matters and provide guidance and support to other team members.
13. Participate in industry committees and forums to stay updated on emerging compliance trends and best practices.
14. Analyze data and metrics to identify any potential compliance gaps or areas for improvement.
15. Continuously evaluate and enhance compliance processes and procedures to ensure efficiency and effectiveness.

According to JobzMall, the average salary range for a Senior Compliance Officer in Atlanta, GA, USA is between $99,000-$155,000 per year. This may vary depending on factors such as experience, industry, and company size.

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks.