Compliance Director

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA.

 

The primary responsibility of this role is to design, implement, and maintain compliance risk management strategies and oversee the development of tactical plans that align with the organization's strategic objectives. Incumbents in this role are responsible for designing, planning, developing, and implementing governance, standards, processes, and controls for the effective and efficient long-term and daily operation of interdependent divisions within the compliance department, promote a culture of compliance within the organization and are responsible to supervise and manage people.

• Designs and implements governance structure, internal control framework, strategic priorities and strategic vision for interdependent elements of the compliance program(s) and operations of the Department.
• Designs and coordinates strategies and activities to ensure the effective and efficient performance of the interdependent elements of the compliance program(s) and across the enterprise, as applicable.
• Develops strategies and oversees the development of tactical approaches to deliver compliance services to the organization in an efficient and effective manner.
• Oversees the implementation of internal controls, governance and standards for the communication, execution, documentation, quality control, reporting of key Department activities.
• Prepares and presents reports related to activities and results of enterprise compliance program(s) to various governing boards and bodies.
• Provides advice and effective challenge to business leadership on compliance management systems and programs, regulatory compliance requirements, or compliance risks and controls.
• Stays apprised of applicable laws, regulations, and industry best practice standards applicable to the consumer compliance risk management system and adapts interdependent Compliance Program(s) accordingly.
• Interacts with business leadership to ensure a strong second line of defense and to support the first line of defense compliance risk management efforts and responsibilities.
• Manages a team of employees or third-party service providers by providing direction, leadership, and oversight to ensure proper execution and performance management.
• Ensures adherence to consistent standards for the communication, execution, documentation, quality control, and reporting of activities and results performed by others
• Recruits, hires, manages, and retains employees. Coaches, mentors, trains, and collaboratively establishes development goals and plans for direct reports to be successful in their roles. Plans, assigns and evaluates the work of staff, screens and selects candidates, monitors volume, workflow and quality, manages performance to include conducting performance appraisals, making pay recommendations, partnering with Human Resources to resolve employment related issues.

 

Additional Responsibilities

• May periodically perform some essential duties of a Compliance Director.
• May be assigned additional duties to execute the Compliance Program, perform other operational responsibilities of the Department, or ensure the effectiveness of Fulton’s Compliance Management system.

Education

Bachelor's Degree or the equivalent experience. Specialty: Accounting, Business Administration, Finance or other applicable. (Required)

Experience

10 or more years banking, financial or insurance services, risk management, information technology, software development, systems/network administration, legal, regulatory, compliance or audit. (Required)

2 or more years digital, technology, management information systems, data science, data management, data analysis. (Preferred)

1 or more years experience implementing operational or compliance controls to achieve business outcomes, project management experience in a highly-regulated industry. (Preferred)

3 or more years supervisory or management experience. (Required)

Certifications

CRCM or other relevant certification/credentials before or within 12 months following incumbency. (Required)

Knowledge, Skills, and Abilities

• Ability to convey verbal and/or written information and ideas clearly, concisely and professionally to individuals or groups (Required)
• Ability to build trusting, effective relationships with staff and internal or external working partners (Required)

 

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $124,400.00 - $207,300.00 annually.

Additional Compensation Components

 

This job is eligible to receive equity in the form of restricted stock units. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.