Role Overview for VP, Regulatory Compliance with a Regional Bank – St. Louis, MO
JRG Partners is proud to partner with a well-respected and growing regional bank in St. Louis, Missouri, in their search for a dynamic and experienced Vice President of Regulatory Compliance. This is a pivotal leadership role for a seasoned compliance professional who will be responsible for the strategic direction and operational execution of the bank’s enterprise-wide Compliance Management System (CMS). In an era of ever-evolving financial regulations, this position is critical to safeguarding the bank’s integrity, mitigating risk, and fostering a robust culture of compliance that permeates every level of the organization.
The successful candidate will serve as the bank’s primary subject matter expert on all regulatory compliance matters, providing expert guidance to senior management and the Board of Directors. You will be tasked with interpreting complex regulatory changes, assessing their impact on the bank’s operations, and implementing necessary changes to policies, procedures, and controls. This role demands a strategic thinker with a hands-on approach, capable of leading a dedicated team of compliance professionals while collaborating effectively with business units across the bank, including lending, operations, and marketing.
You will be the central point of contact for regulatory examiners and auditors, ensuring the bank is consistently prepared for and responsive to external oversight. This is an exceptional opportunity to make a significant impact on the success and stability of a community-focused financial institution, driving a best-in-class compliance framework that supports sustainable growth and maintains public trust.
Key Responsibilities of VP, Regulatory Compliance with a Regional Bank – St. Louis, MO
The Vice President of Regulatory Compliance will have a broad and critical set of responsibilities, encompassing program management, risk assessment, training, and strategic leadership. Your duties will include, but are not limited to, the following:
Compliance Program Development and Oversight
- Develop, implement, and maintain a comprehensive, risk-based Compliance Management System (CMS) that effectively prevents, detects, and corrects noncompliance with applicable laws and regulations.
- Establish and continuously review compliance-related policies, procedures, and internal controls to ensure they are current, effective, and aligned with regulatory expectations and industry best practices.
- Oversee the bank’s compliance monitoring and testing programs to assess the effectiveness of controls, identify weaknesses, and ensure timely remediation of any identified issues.
- Chair the bank’s Compliance Committee, preparing agendas, materials, and minutes, and facilitating productive discussions on key compliance risks and initiatives.
- Manage the bank’s complaint management program, ensuring that consumer complaints are tracked, investigated, and resolved in a timely and compliant manner.
Regulatory Analysis, Interpretation, and Implementation
- Proactively monitor, identify, and analyze new and changing federal and state banking laws, regulations, and supervisory guidance. Key areas of focus include the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML), Fair Lending laws (ECOA, FHA), Community Reinvestment Act (CRA), Truth in Lending Act (TILA), Truth in Savings Act (TISA), Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), and privacy regulations (GLBA).
- Provide expert interpretation of regulatory requirements and communicate the potential impact on the bank’s products, services, and operations to relevant stakeholders.
- Lead cross-functional project teams to implement necessary changes to systems, processes, and products to ensure ongoing compliance with new or revised regulations.
- Serve as the primary resource for all employees, management, and the Board of Directors on questions related to regulatory compliance.
Risk Assessment and Reporting
- Conduct and maintain the bank’s enterprise-wide compliance risk assessment, identifying inherent risks, evaluating control effectiveness, and determining residual risk levels.
- Develop and prepare comprehensive compliance reports for Senior Management and the Board of Directors, providing clear insights into the state of the compliance program, key risk indicators, testing results, and regulatory developments.
- Ensure compliance with regulations from bodies like the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Federal Reserve.
- Oversee the review and approval of marketing materials, advertisements, and customer disclosures to ensure compliance with all applicable regulations.
Examinations, Audits, and Training
- Act as the primary point of contact and coordinator for all regulatory compliance examinations and internal and external audits. This includes managing pre-examination requests, facilitating onsite reviews, and coordinating management’s responses to findings and recommendations.
- Track all audit and examination findings to ensure that corrective actions are implemented effectively and on a timely basis.
- Develop, coordinate, and oversee the bank’s annual compliance training plan, ensuring that all employees and directors receive appropriate and effective training tailored to their roles and responsibilities.
- Personally conduct or facilitate specialized compliance training for senior management, the Board, and high-risk business units as needed.
Requirements for the VP, Regulatory Compliance with a Regional Bank – St. Louis, MO
We are seeking a highly qualified and motivated professional who possesses a deep understanding of the banking industry’s regulatory landscape and a proven track record of effective compliance leadership.
Educational and Professional Qualifications
- Bachelor’s degree in Business Administration, Finance, Accounting, Law, or a related field is required.
- A Juris Doctor (JD) or Master of Business Administration (MBA) is highly preferred.
- Professional certification such as Certified Regulatory Compliance Manager (CRCM) is strongly desired. Other relevant certifications (e.g., CAMS, CCEP) will be considered.
Experience
- A minimum of ten (10) years of progressive experience in a bank regulatory compliance role within a financial institution.
- At least five (5) years of experience in a leadership or managerial capacity, with demonstrated ability to lead, mentor, and develop a team of compliance professionals.
- Direct experience managing and responding to regulatory examinations conducted by the FDIC, OCC, CFPB, and/or state banking authorities.
- Proven experience in developing and implementing all aspects of a robust Compliance Management System (CMS).
- Experience working in a regional or community bank environment is highly advantageous.
Skills and Competencies
- Expert-level knowledge of U.S. banking laws and regulations, including but not limited to BSA/AML, OFAC, Fair Lending (ECOA/FHA), CRA, TILA, RESPA, TISA, UDAAP, and GLBA.
- Exceptional analytical and problem-solving skills with the ability to interpret complex legal and regulatory text and apply it to practical business scenarios.
- Outstanding written and verbal communication skills, with the ability to present complex information clearly and concisely to diverse audiences, including executive leadership, board members, and regulators.
- Strong leadership and interpersonal skills, with a proven ability to build relationships, influence others, and foster a collaborative culture of compliance.
- Excellent project management and organizational skills, with the capacity to manage multiple priorities and deadlines effectively in a fast-paced environment.
- High ethical standards, integrity, and the ability to handle sensitive and confidential information with discretion.
Benefits & Perks Offered
Our client is committed to investing in its employees and offers a comprehensive and competitive benefits package designed to support your professional and personal well-being. This includes:
- Competitive base salary and significant performance-based annual bonus potential.
- Comprehensive health, dental, and vision insurance plans with low employee premiums.
- Generous 401(k) retirement plan with a strong company match.
- Paid time off (PTO) package that includes vacation, sick leave, and personal days, in addition to paid federal holidays.
- Company-paid life insurance and long-term disability coverage.
- Significant opportunities for professional development, including funding for certifications, conferences, and continuing education.
- A collaborative and supportive work environment that values work-life balance.
- Employee wellness programs and resources.
- Opportunity for a hybrid work schedule after an initial onboarding period.
- Relocation assistance may be available for highly qualified candidates.
How to Apply
JRG Partners is exclusively managing the search for this critical VP, Regulatory Compliance position. If you are a strategic compliance leader with the experience and passion to make a difference in a growing regional bank, we encourage you to apply.
To be considered for this opportunity, please submit your resume and a cover letter detailing your qualifications and experience. For more information about our expertise in this sector, please visit our Financial Services Compliance practice area page. We look forward to reviewing your application.
JRG Partners and our client are Equal Opportunity Employers. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
