Chief Operating Officer
About the job
Company Description
Beach Cities Commercial Bank (BCCB) - "Your Bank, Your Way." Publicly traded BCCB combines innovative technology with the personalized service of a community bank to deliver an exceptional customer experience. With an emphasis on tailored banking and financial solutions, BCCB is committed to supporting clients' success through personal partnerships. The bank creates a high-tech yet approachable environment that solves problems and meets the unique needs of its clientele. Located in Irvine, CA, our mission is to deliver unbeatable results and a delightful customer experience.
TITLE
Executive Vice President and Chief Operating Officer/Chief Risk Officer
REPORTING TO
President
GENERAL JOB DESCRIPTION
Overall responsibility for adherence with regulatory compliance and operational risk through the effective management of Bank staff, leading to growth and profitability.
MAJOR DUTIES AND RESPONSIBILITIES
· Responsible for all Compliance, BSA/AML/OFAC and Operational functions including, but not limited to, Deposit Operations, Treasury Management, Audit, legal matters, and fraud, ensuring internal controls and compliance efforts are maintained and appropriate for the size and complexity of the Bank and in line with the expectations of federal and state regulatory authorities
· Serving as the Bank’s Chief Risk Officer - Leading the organization’s Enterprise Risk Management framework, developing policies, controls, and monitoring processes to proactively manage risk exposure.
· Identifies new laws, rules, regulatory requirements and/or guidance, and incorporates such elements into bank policies and procedures to ensure compliance
· Monitoring Audit program including scheduling, interface and resolution of any exceptions and recommendations and the resulting response and follow up to verify required corrective action has been implemented. Direct reporting responsibility to the Audit Committee Chair on audit matters, facilitating independent oversight and resolution of audit and compliance issues.
· Represents the Bank in its relationships with regulators and auditors
· Oversees staff training related to compliance programs including online compliance training, design and job function specific profiles
· In collaboration with the CEO and President sets and drives the organizational vision and mission, corporate strategy, and hiring needs.
· Develops actionable business strategies, objectives, and plans that ensure alignment with the bank’s short and long-term objectives.
· Strategically managing, organizing, and coordinating employees from different departments and locations to ensure efficiency and efficacy.
· Continually assesses, recommends and implements improved processes, efficiencies, and new technologies in collaboration with the other members of the Executive Team.
· Participates in various board committees and preparation of all materials for the Audit Committee and ERM/Compliance/CRA Committee meetings.
OFFICER DUTIES
Serving as the Bank’s:
· BSA Officer
· OFAC Officer
· Compliance Officer
· Security Officer
· Audit Coordinator
Additional Information
This job description outlines the general nature and level of work performed. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities