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Main Street Bank VP, Compliance & CRA Officer in Marlborough, Massachusetts

Reporting to the SVP of Strategy and Risk, the Compliance Officer supports the Banks Compliance Program by providing subject matter expertise in consumer compliance to all departments Responds to compliance questions, monitors changes in compliance laws and regulations to provide appropriate guidance to affected business units, creating implementation plans for any regulatory or product/service changes; assists business units with creating and managing appropriate controls, keeping affected policies and procedures current, assisting departments with ongoing monitoring activities, conducting compliance monitoring or reviews, and assists in the development and delivery of customized compliance training. Chairs the quarterly Compliance Committee, assist with the coordination of compliance related internal audit, track findings, assists the Head of Department in preparing reports to regulators, management, and any board or internal committees as applicable ensuring resolution to all items. Provides guidance to the banks efforts for the Community Reinvestment Act and various other aspects of compliance regulatory reporting including the Home Mortgage Disclosure Act. Chairs the quarterly Community Reinvestment Act (CRA) Committee and leads with a vision for a model CRA program. Additionally, it is expected that this position assists with projects that affect the department and the bank, act as a resource for other team members in the Enterprise Risk department and embrace the established sales and service culture to maximize their contribution to the Banks goals. After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement with availability expected during core business hours and agreed upon number of days per-month on site. Fully remote work arrangements may be considered on a case-by-case basis. SKILLS REQUIRED: Progressive regulatory experience in either a bank lending compliance function or with a bank regulatory agency in a position which reviews lending compliance. CRCM or equivalent accreditation preferred Knowledge of generally accepted accounting principles. Proven track record of working on compliance review projects, researching complex compliance issues, and/or answering detailed compliance questions within short deadlines set by others. Proficiency in interpreting and analyzing impact of federal and state regulations, with proficiency in consumer and other lending regulations required. Proven proficiency with TRID and HMDA required. Working knowledge and understanding of FNMA, FHLMC, Mass Housing and other secondary market guidelines. Underwriting experience is a plus. Experience performing compliance reviews/audits for a financial institution. Experience in developing and delivering compliance or other technical training. Working knowledge of regulatory compliance management systems, Encompass, and D+H LOS/POS systems preferred. Proficient in Microsoft Office Suite products Solid understanding and application of administration activities with an understanding of office procedures and ability to operate standard office equipment. Means and mode to travel to any of Main Street Banks locations as needed. Main Street Bank is an Equal Opportunity Employer. Individuals with disabilities and veterans are encouraged to apply. Main Street Bank is committed to working with and providing reasonable accommodation to individuals with disabilities. If you need special assistance or an accommodation while seeking employment, please call: 508-460-4117 or send an email to Human.Resources@bankmainstreet.com. We will make a determination on your request for reasonable accommodation on a case-by-case basis.

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