Come work with us:

Metropolitan Commercial Bank, The Entrepreneurial Bank Since 1999, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island. Metropolitan Commercial Bank is a New York State chartered commercial bank, an FDIC member and an equal opportunity lender. The parent company of Metropolitan Commercial Bank, Metropolitan Bank Holding Corp., is a publicly traded company.

Did you know? Metropolitan Commercial Bank was named by Piper Sandler as one of the Bank & Thrift SMS-All Stars for the year 2022!

About the role:

The primary function of this position is to support the FVP CMS Director in the day-to-day execution of the Third Party Client Compliance Program for Metropolitan Commercial Bank (MCB - the "Bank"), which includes advising on the adequacy and development of controls to ensure consumer compliance with all federal and state laws and regulations, developing and updating the Bank's compliance policies, procedures and processes, performing initial onboarding and annual compliance risk assessments, and providing oversight in various consumer compliance areas. This position is ideal for a person who will thrive in a fast-paced, entrepreneurial environment.

This position report directly to the FVP CMS Director with exposure to the SVP Chief Compliance Officer, Board of Directors, auditors, and regulators as well as other departments within the Bank. Being motivated, and passionate about consumer compliance, consumer compliance protection and having an entrepreneurial spirit to accomplishing goals and the business at hand is paramount. This individual will have the opportunity to contribute to the enhancement of the Metropolitan Commercial Bank (MCB) Consumer Compliance Program while laying the groundwork for a scalable business.

Duties and responsibilities of the job include the following (but is not limited too):

• Participate in & contribute to the execution of the Bank's Compliance Programs, ensuring alignment with Corporate compliance and strategic direction and recommend policy and/or action based on internal and external industry developments for area of responsibility.
• Provide compliance assessment, analysis, monitoring, and oversight of the Bank's Third-Party Clients, including Prepaid Card Program Managers
• Review marketing materials, disclosures, and other customer communications subject to consumer protection regulations for compliance.
• Serve as a resource to business units, internal team members, and management providing a range of support and analysis on regulatory compliance requirements, issues, and/or best practices, including the provision of guidance in the design, development and/or enhancement of processes and controls to manage compliance risks.
• Perform regulatory research in response to business unit compliance inquiries. Assist and support the business units on the implementation of new and amended laws and regulations.
• Advise and consult on proposed new products, services, and initiatives regarding compliance obligations and corresponding compliance risks, and mitigating controls.
• Provide support with regulatory compliance examinations, and/or compliance audits or reviews.
• Monitor and report on compliance program adherence and issues to the FVP-CMS Director and SVP Chief Compliance Officer.
• Develop and create trending analytics, heatmaps, key performance indicators, key risk indicators, and other metrics to measure and assess the Bank's compliance risks to Third Party Clients, including Prepaid Card Program Managers.
• Other duties as assigned

Preferred experience, education, and qualifications:

• Bachelor's Degree in Finance/Banking/Accounting or related field is required.
• Minimum 7 years performing relevant regulatory consumer compliance functions in the banking industry, and in-depth knowledge of deposit and lending products and applicable laws and regulations, included but not limited to Reg. DD, Reg. E, Reg. CC, ECOA, RESPA, TILA, HMDA, & FCRA. Prepaid Debit card knowledge.
• Ability to analyze complex laws and regulations and relate those laws to operational procedures, company policies, and industry trends.
• Excellent written and oral communication skills.
• Excellent analytical and consultative skills: detail-oriented; ability to grasp new concepts quickly, synthesize complex information effectively, and communicate complicated issues clearly and simply to present clear and actionable choices and recommendations; creative problem-solving skills.
• Demonstrates sound judgment; comfortable dealing with ambiguity; weighs options and alternatives in a timely and effective manner.
• Results-driven, self-starter possessing exemplary communication skills, collaboration and influencing skills.
• Collaborative team-player who can find creative and practical solutions in a dynamic work environment.
• Ability to work under pressure, exhibiting timely decision making, and with a sense of humor and balance. Ability to handle ambiguity, balance multiple matters at once, and quickly and seamlessly shift from one situation or task to another

Potential Salary: $110,000 - $120,000 annually

This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.