SmartBiz Loans
Vice President - Compliance & Legal
Northbrook, Illinois · Exec
Sponsorship not specifiedDetected 5 days ago
ComplianceCorporate LawCommunication
About the role
- Work Location On-site position based in Austin, TX, or Northbrook, IL.
- Vice President - Compliance & Legal The Vice President - Compliance & Legal serves as the Bank's Compliance Officer and is responsible for administering the Bank's Compliance Management System (CMS).
- This is an individual contributor role that will work in either Austin, TX, or Northbrook, IL.
Responsibilities
- Administer and maintain the Bank's CMS.
- Perform compliance monitoring, testing, and risk assessments, including activities related to SBA lending, commercial lending, and deposit operations.
- Maintain the Bank's compliance policies and procedures.
- Review customer complaints, identify trends, support issue resolution, and provide periodic reporting to management and the Board.
- Administer the Bank's Community Reinvestment Act (CRA) Strategic Plan by partnering with the lending organization to support execution, while ensuring compliance with regulatory requirements.
- Maintain corporate records, governance documentation, and applicable record retention requirements.
- Support the Corporate Secretary in Board governance activities and assume Corporate Secretary responsibilities as assigned.
- Provide routine legal and regulatory guidance to business partners and coordinate complex legal matters with the General Counsel and/or outside counsel.
- In addition, the role provides routine legal, regulatory, and corporate governance support to the Bank, partnering with the General Counsel and, as appropriate, outside counsel on complex or specialized legal matters.
- Legal and corporate governance responsibilities are intended to support the Bank's overall compliance and risk management framework.
Requirements
- Bachelor's degree required.
- 7+ years of banking, fintech, or regulated financial services experience.
- Strong working knowledge of applicable banking laws and regulations, with an emphasis on commercial lending compliance, SBA lending regulations, the Community Reinvestment Act (CRA), and related regulatory requirements.
- Experience supporting compliance testing, monitoring, and issue management.
- Ability to operate independently in a fast-paced environment.
- Juris Doctor (J.D.) preferred; significant banking legal/compliance experience may be considered in lieu of a law degree.
- Strong communication and organizational skills.
- Opportunities & Benefits at SmartBiz Bank
- Mission-driven culture focused on small business banking.
- Competitive compensation and equity participation where applicable.
- Employer-paid medical, dental, vision, life, and disability insurance for eligible employees and dependents.
- 401(k) retirement plan.
- Flexible vacation policy.
Nice to have
- Juris Doctor (J.D.) preferred
- significant banking legal/compliance experience may be considered in lieu of a law degree.
Compensation
- Competitive compensation and equity participation where applicable.
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This listing is sourced directly from SmartBiz Loans's careers page and normalized into a canonical job model.