[Remote] Compliance Officer II - Risk Assessment (Remote)

Note: The job is a remote job and is open to candidates in USA. First Citizens Bank is seeking a Compliance Officer II to manage the Compliance Risk Assessment and Regulatory Inventory Programs. The role involves researching, analyzing, and implementing compliance frameworks while collaborating with stakeholders to ensure regulatory adherence and risk management.

Responsibilities

• Understand inherent risk factors in assessing compliance risk
• Understand Control Effectiveness factors in assessing the control environment
• Develop risk profiles at business unit level and at a regulation level
• Develop risk assessment reports that address various topics, such as residual risk rating analysis, key drivers of inherent risk, etc
• Maintain/Update a library of laws and regulations that are applicable to the organization in GRC and other systems
• Research new and existing laws and regulations from authoritative sources (e.g., CFR, USC, FR notices, agency issuances)
• Work with key partners, including Compliance, ERM, Legal, and 1LOD to assess applicability and compliance risk of the regulations to the enterprise and business units
• Create and provide reporting and insights related to coverage, changes, and gaps across the Compliance Risk Assessment and Regulatory inventory
• Work with technology teams to implement long term solution for the Compliance Risk Assessment
• Draft memos, crosswalks, and supporting analysis for management and regulatory reporting
• Support regulatory change management processes by highlighting material updates and assessing their impact
• Contribute to CRA cycles by supporting assessments that leverage the regulations inventory as a foundational input
• Develop/Design Current State and/or Target State Processes
• Consultation, Relationship Management, & Stakeholder Support

Skills

• Bachelor's Degree and 6 years of experience in Compliance, Legal, Audit, Banking OR High School Diploma or GED and 10 years of experience in Compliance, Legal, Audit, Banking
• Experience working in a Large Financial Institution, Banking, or other related experience.
• Critical thinking, process centric thinking and Process Improvement/transformation experience
• Strong analytical, research, organizational, and project management skills. data skills, including proficiency in spreadsheets.
• Ability to create robust reporting and presentations
• Ability to work independently, manage competing priorities, and deliver under deadlines.
• Experience with GRC tools and regulatory inventory management.
• Excellent written and verbal communication skills
• Excellent understanding of regulatory landscape at the federal and state level.
• Law degree, compliance certifications (CRCM, ACAMS), or equivalent a plus.
• Ability to research and interpret laws, regulations, and guidance documents from government sources and issuing agencies.

Benefits

• Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.

Company Overview

• First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more. It was founded in 1898, and is headquartered in Raleigh, North Carolina, USA, with a workforce of 10001+ employees. Its website is http://www.firstcitizens.com.

Company H1B Sponsorship

• First Citizens Bank has a track record of offering H1B sponsorships, with 102 in 2025, 115 in 2024, 249 in 2023, 53 in 2022, 12 in 2021, 9 in 2020. Please note that this does not guarantee sponsorship for this specific role.

Apply tot his job Apply To this Job