IDB Bank Is Hiring A Regulatory Compliance Manager

Join Our Team at IDB Bank: A Legacy of Excellence for Over 70 Years 🚀

At IDB Bank, we take pride in putting our clients' needs first and fostering a diverse, inclusive work environment where talented professionals thrive. Our comprehensive benefits and commitment to success make us a leading choice for careers in banking and compliance.

About IDB Bank

For more than 70 years, IDB Bank has dedicated itself to being the best bank for our clients by prioritizing their needs. Our success is rooted in our people—team members who share a passion for exceptional service, teamwork, and attention to detail.

We offer:

• Generous paid time off
• Medical coverage from day one
• 401(k) plan participation from day one

We are also deeply committed to diversity and inclusion, providing equal opportunities for all team members in a respectful and welcoming environment.

Job Description

Position Overview

This role involves providing critical compliance guidance, managing regulatory changes, and overseeing fiduciary activities within the Wealth Management Department.

Key Responsibilities

Regulatory Change Management 📋

• Co-manage the Compliance Regulatory Change Management (“RCM”) Program
• Monitor and review regulatory notifications and updates through various sources
• Identify, research, and assess the impact of new and changing regulations
• Collaborate with legal and subject matter experts to evaluate risks and applicability
• Coordinate with stakeholders and communicate necessary controls and policy updates
• Maintain documentation, report periodically, and prepare monthly Regulatory Change Reports
• Stay current on consumer compliance regulations and best practices

Wealth Management Oversight 💼

• Oversee the WM Employee Personal Securities Trading Policy and report conflicts
• Update and revise the WM Compliance Procedure Manual
• Ensure all WM policies are aligned with current regulations
• Serve as the primary contact during regulatory examinations
• Participate in investment committees, presenting and reviewing materials
• Manage system updates and investment policy guidelines
• Review and approve new WM accounts, ensuring compliance with KYC and FDIC guidelines
• Create and update the fiduciary online training program
• Review and approve all WM marketing and advertising materials
• Provide regular compliance updates to leadership

Qualifications 🎓

• Minimum 5 years of experience in banking compliance, legal advising, or regulatory agency examination
• Strong knowledge of FDIC trust, fiduciary, and compliance regulations
• Series 7 and Series 63 certifications or professional trust certification preferred
• Certifications from Cannon Financial Institute or Certified Anti-Money Laundering Specialist are a plus
• Independent work ethic with strong leadership and ownership skills
• Excellent organizational, communication, and collaboration skills
• Proficiency in MS Office; Spanish or Hebrew language skills are desirable

Compensation 💰

The annual salary range for this position is $130,000 to $150,000, with offers tailored based on experience and skills. Our total rewards package includes:

• Annual bonus eligibility
• Comprehensive health plans (medical, pharmacy, dental, vision)
• Life and disability insurance
• Employee wellness programs
• Retirement and savings plans with employer contributions
• Generous paid time off and holidays
• Parental leave and tuition reimbursement

Work Environment & Accommodations 🌍

We provide reasonable accommodations for employees with disabilities, pregnancy-related conditions, victims of domestic violence, or religious observances. Employees are encouraged to contact HR or their supervisor for assistance, with all requests handled confidentially and in good faith.

Disclaimer ⚠️

This job description describes the general nature of work but is not exhaustive. Employees may perform additional duties as required. All information is kept confidential in accordance with EEO guidelines.

Our Commitment to Diversity 🌎

IDB Bank is an equal opportunity employer, providing fair employment opportunities regardless of race, gender, religion, orientation, or other protected categories under applicable law. We operate on a hybrid schedule to support work-life balance.