Healthcare compliance • winston salem nc
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The average salary range is between $ 62,400 and $ 156,000 year , with the average salary hovering around $ 85,000 year .
This role serves as Truist's designated flood compliance subject matter expert and is responsible for providing independent oversight, guidance, and risk consultation related to flood regulatory requirements. The position partners with stakeholders across the enterprise to interpret regulatory requirements, assess and challenge business practices, evaluate controls, and support the implementation of effective compliance risk mitigation strategies. The role monitors regulatory changes, advises senior management on emerging risks, and helps ensure ongoing compliance with applicable flood laws and regulations.
Essential Duties And Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Interpret new or existing laws, rules and regulations that are complex and multifaceted and use that knowledge as a subject matter expert to communicate requirements to the business units.
2. Analyze existing policies, procedures, processes and controls to determine gaps. Lead or assist in leading compliance initiatives necessary in implementing changes.
3. Analyze and provide guidance on complex compliance actual and emerging risk scenarios within business units and/or functions.
4. Develop Risk Committee materials, including evaluation of program effectiveness, level and direction of risks, key and emerging risks, and status of previously identified risk and control issues.
5. Communicate with management and regulators with respect to compliance risk management activities and regulatory examinations.
6. Implement strategies and methods related to the Flood compliance risk management framework within the organization, including issue management, compliance monitoring indicators, risk and control self-assessments and regulatory updates.
7. May manage other Compliance teammates and serve as mentor to other Compliance Officers and Analysts.
Qualifications
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience
2. Eight years of financial institution experience
3. Five years of direct experience in compliance
4. Demonstrated experience with regulatory agencies, requirements, and/or regulatory compliance.
5. Strong communication skills, both verbally and written, and the ability to communicate and interact with all levels of management
Preferred Qualifications:
1. MBA, Juris Doctorate or other advanced degree.
2. Eight years of compliance experience, with five years at medium to large financial institution
3. Prior supervisory or management experience.
4. Certified Regulatory Compliance Manager (CRCM)
This position is an in-office position 5 days a week. No remote option available. Locations include: (Charlotte, NC), (Atlanta, GA), (Orlando, FL), (Raleigh, NC) (Richmond, VA) and (Winston Salem, NC).
To comply with the Virginia pay transparency statute and for work locations in Virginia only, the annual base salary for this position is $100,000-$110,000. Additional incentive pay is available for this position.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
