Assistant Compliance Officer

Company: CFG Bank
Location: Baltimore
Posted on: May 12, 2025

Job Description:

CFG Bank, based in Baltimore, Maryland, is a leading financial institution serving the national healthcare and multifamily markets and the Mid-Atlantic region. As the 6th largest bank in Baltimore by deposits and the largest locally based, we've grown from $1 billion to over $5+ billion in assets by 2025. With over 30 years of expertise, we rank among the top five healthcare bridge-to-HUD lenders in the country. At CFG Bank, we redefine banking by blending big bank capabilities with personalized boutique service. Recognized as "Best Place to Work" by the Baltimore Business Journal for 2022, 2023 and 2024, our primary goal is making each team member feel choosing CFG Bank was their best career decision. Join us for professional growth and a positive work environment that sets CFG Bank apart.

POSITION SUMMARY:
The Assistant Compliance Officer supports the Compliance Officer in administering, testing, reporting, and disseminating Compliance-related information. This role is pivotal in providing advisory services, executing monitoring, and enhancing the Bank's Compliance Management Program. Additionally, this position involves serving as a subject matter expert, collaborating with business units, and ensuring effective procedures and controls.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
--- Provide advisory services to business lines, execute monitoring, support reporting needs, and continuously look to enhance the Bank's Compliance Management Program.
--- Assist in the implementation and execution of the Compliance Management Program as the second line of defense, which includes but is not limited to activities such as:
o Serving as a subject matter expert for Regulatory Compliance matters
o Collaboration with and advising business units on transactional, processes, control design and development, inquires to comply with applicable laws and regulations including any new or changed products and services
o Assisting in the development, maintenance, and monitoring of effective procedures and controls related to the Compliance Management Program
o Collaborating with business units on the implementation of regulatory changes and providing guidance/support on projects and process enhancements
o Preparation of reporting on applicable program components and metrics
o Assisting in the coordination of audit and exam materials
o Assist in the development of training program(s) materials.
--- The Assistant Compliance Officer will be expected to perform all other duties as assigned (job duties may be added from time to time by the employer in its sole and absolute discretion).

QUALIFICATIONS AND REQUIREMENTS:
--- Five or more years in financial regulatory compliance.
--- Demonstrable experience understanding, applying, and advising on applicable Bank regulations, with a focus on Deposit Regulations and Regulation W.
--- Ability to research compliance requirements, advise on best practices to partners.
--- Strong knowledge of deposit and lending regulations.
--- Strong organizational and analytical skills.
--- Excellent communication skills (oral and written) and relationship building abilities.

WORK ENVIRONMENT:
We offer a hybrid schedule, with 3 days in office and 2 days remote after the initial 90-day period.

COMPENSATION DISCLOSURE:
In accordance with Maryland's Equal Pay for Equal Work Act, we are committed to providing transparent wage information for all posted job opportunities. The wage range for this position is $110,000-$130,000. Compensation is determined based on factors such as Experience, Qualifications, and Internal equity.

BENEFITS AND ADDITIONAL COMPENSATION:
Additionally, this position includes a comprehensive benefits package and other forms of compensation, including:
--- Employer-provided health benefits: medical insurance, dental and vision insurance, disability insurance, life insurance, mental health support services, wellness program and free health club membership (for Baltimore-based employees)
--- Paid time off: vacation days, sick leave, volunteer days
--- Retirement plan: 401(k) with employer match
--- Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions

EOE STATEMENT: CFG Bank is an Equal Opportunity Employer as to all protected groups, including protected veterans and individuals with disabilities. If you require accommodations during the application process, please contact TalentAcquisition@cfg.bank.

#LI-HYBRID #LI-CL1Compensation details: 110000-130000 Yearly SalaryPIc6cd754c0f9c-37820-37287081

Keywords: CFG Bank, Annandale , Assistant Compliance Officer, Accounting, Auditing , Baltimore, Virginia