Job Summary
OMB Bank is seeking a thriving individual to join our team as a BaaS/Third-Party Risk Compliance Director. The BaaS/Third-Party Risk Compliance Director is a leader in daily banking tasks related to oversight and completion of developing, implementing, and maintaining compliance programs for OMB’s BaaS and Third-Party programs. This includes adherence to all applicable financial regulations, including banking, anti-money laundering (AML), know your customer (KYC), data privacy and cyber security laws to name a few. The BaaS/Third-Party Risk Compliance Director will serve as a strategic partner to the Chief Risk Officer and senior management on BaaS and Third-Party Risk matters acting as a liaison with government agencies. Oversee the BaaS/Third-Party Risk Team and help the organization ensure that operational functions comply with relevant laws, regulations, and policies. Duties include identifying, reviewing, developing and execute the OMB’s   BaaS Third-Party compliance strategy, upholding alignment with business objectives and regulatory requirements. Lead the design of policies, procedures, and controls that ensure regulatory compliance across all BaaS/Third-Party operations, including customer onboarding, transaction monitoring, ongoing monitoring, and all third-party partnerships.

• Oversee internal audits to evaluate the effectiveness of compliance controls, ensuring they are operating as intended.

Serve as the primary point of contact with regulators and industry bodies and manage relationships with external auditors and regulators during audits and examinations.

Address and resolve audit findings, ensuring timely corrective actions and compliance remediation efforts.

Develop and implement comprehensive compliance training programs for OMB team members, ensuring the team’s understanding of their roles and responsibilities in maintaining compliance with BaaS/Third-Party risk management.

Oversee the creation and maintenance of third-party compliance management programs.

Maintain comprehensive documentation of compliance activities and ensure that proper evidence is maintained for all compliance-related investigations and actions.

Oversee the development and review of company policies related to financial crimes, fraud prevention, customer data protection, and compliance-related activities.

Remain apprised of emerging regulatory trends and risks in the BaaS/Third-Party sector and ensure proactive risk mitigation strategies.

OMB Bank is a quickly growing, fast-paced $1.7 billion financial institution. The ideal candidate would have experience working for institutions of equal or greater size and be able to adapt quickly as new projects are presented, while maintaining existing compliance program.

Primary Work Location and Schedule: 

• Hybrid work environment: schedule can require a combination of on-site and home office hours.
• On-site: 3110 S Delaware Ave, Springfield MO 65804
• 8:00 am - 5:00 pm Monday – Friday; occasional additional hours as needed
• Full-time – 40 hours per week average
• Travel may be required throughout OMB footprint

Position Requirements: 

Bachelor’s degree (BA) or equivalent from a four-year college or university in a business-related field or equivalent experience

Four or more years’ previous experience in banking/finance regulatory compliance preferred.

Advanced knowledge of the federal, state, and other governing agencies regulations and requirements related to bank processing and transaction monitoring.

Disciplined in protecting and managing highly confidential information/material.

Effective time management skills (capable of managing and prioritizing multiple tasks)

Remain professional, composed, and assertive, including high pressure situations; display a sense of urgency as needed to ensure requests are completed within expected timeframes/service level agreement.

Demonstrated self-motivation; productive, efficient, organized, accurate work output with no supervision while working independently and within a team environment.

Excellent verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.

Ability to apply strategic planning, activity coordination, and problem-solving techniques to complex issues of multiple facets and variables in non-standardized situations.

Benefits: 

• Excellent work environment where you are appreciated and recognized for your individual efforts and contributions.
• Stability with a locally owned community bank that is growing and expanding in the region.
• Paid Leave: Paid Time Off, Military, Bereavement, and Jury Duty
• Full and partially paid insurance plans: life w/ AD&D, disability, medical, and dental
• Cost friendly insurance: vision, critical illness, accident, supplemental life w/ AD&D
• 100% match of retirement savings (up to plan limit)
• Discounted financial service fees on select OMB products and services.
• Plus, more

Futures made brighter. Banking made better.

OMB Bank was founded in 1999 with a commitment to excellence in service. We offer our customers the latest in banking products and services combined with old-fashioned customer service. We are committed to giving our employees the kindness, courtesy, and professionalism they deserve. This philosophy has resulted in our growth from one bank in Springfield to nine branches in Springfield and surrounding communities in Missouri and Kansas.

Disclaimer: 

The above description relates the general nature and level of work performed by people assigned to this classification. It is not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform tasks outside of their regular responsibilities from time to time, as needed.

EOE/VETERANS/DISABLED                                         E-VERIFY EMPLOYER