Job Details
Director of Regulatory Change
2025-09-03 TTI of USA Honolulu,HI
Description:
OVERALL PURPOSE:
Under the direction of the Chief Compliance Officer, this position is responsible for overseeing the Bank's Regulatory Change Management Program. This role ensures the Bank's compliance with new or changed laws and regulations. This position drives a proactive, risk-based approach to compliance, enabling innovation and operational excellence across the enterprise. Ensures the business units' compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures including but not limited to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.
Regulatory Change Management- Establish centralized framework for regulatory change management to ensure timely and comprehensive response to new and/ or evolving laws, rules, and regulations impacting the Company.
- Monitor regulatory, legislative, and industry developments and maintain inventory of new or updated laws, rules, and regulations from federal and state agencies.
- Lead bank-wide efforts to conduct impact assessments and develop response plans in conjunction with business units, enterprise risk, legal, and other appropriate stakeholders.
- Provides guidance on compliance risk assessments, control frameworks, and new or modified business initiatives as relates to expected changes in laws and regulations.
- Partners with business units to integrate compliance with new laws, rules, or regulations into operational processes.
- Provide regular updates to executive management on regulatory developments and related response plans.
- Ensure documentation is maintained for all regulatory change activities.
- Support internal and external audits and examinations related to compliance and regulatory change management.
- Responsible for hiring, coaching, and performance management, to ensure team effectiveness and alignment with organizational goals.
- Identifies and implements process improvements to enhance the efficiency and effectiveness of the compliance function.
- Collaborates across compliance functions to ensure compliance initiatives support the Bank's strategic goals.
- Performs other miscellaneous responsibilities and duties as assigned.
This position requires use of a personal computer and other standard office equipment.
MINIMUM QUALIFICATIONS: Education: Bachelor's degree from an accredited educational institution or equivalent work experience. Experience: Minimum 8 to 10 years of extensive work experience in banking, audit, and/or regulatory compliance with 5 years of management experience. Process improvement and/or project management experience with lead roles required. Technical Skills: Demonstrated proficiency and expertise with personal computers in a networked environment and Microsoft Office applications (Outlook, Word, Excel, Access and Power Point) or similar software. Knowledge of or ability to use Bank software and systems. Working knowledge of banking laws and regulations and complex database systems. Other Job Qualifications: Excellent verbal and written communication skills, as well as training and presentation skills. Self-starter, able to prioritize work to achieve the required objective in a timely manner. Must be flexible, able to work on multiple projects that may require restructuring due to shifting demands, unforeseen events and changing priorities. Able to identify and define problems, conduct research and analyze information and various situations relating to data management issues. Able to recommend and discuss solutions / alternatives to complex compliance issues clearly and concisely with any level of staff. General knowledge of accounting principles required. Able to work evenings, weekends, and holidays as necessary. Lifts, moves, carries, and transports files up to 10 lbs. Must be able to commute as required. Must be able to travel by air.