The Retail Products & Services Compliance Manager will play a pivotal role in directing and overseeing compliance initiatives for a diverse range of consumer lending products. This role demands a strategic and detail-oriented approach to ensure the bank operates within the boundaries of applicable laws and regulations, while also fostering a robust compliance culture. The successful candidate will collaborate closely with the Corporate Compliance Division to guide the business through regulatory changes and support enterprise-wide compliance initiatives.
Work Location:
This position requires flexibility to work at either First Hawaiian Center (Downtown Honolulu) or Kamehameha Industrial Center (Kalihi-Dillingham), based on business needs
Work Schedule:
Monday to Friday 8:00 AM to 5:00 PM (hours may vary)
Compensation:
The pay range for this role is $100,000 - $170,000/yr; commensurate with experience.
The successful candidate will be hired for the level of the position that aligns with their skill level and experience.
The ideal candidate will have:
Minimum Qualifications (Assistant Vice President level):
- Five (5) years of progressively responsible experience incompliance, legal, risk management, or internal audit, with a strong understanding of applicable laws, regulations, and industry standards, or equivalent.
Minimum Qualifications (Vice President level):
- Seven (7) years of progressively responsible experience incompliance, legal, risk management, or internal audit, with a strong understanding of applicable laws, regulations, and industry standards, or equivalent.
Requirements for all candidates:
- Direct and manage all compliance-related activities for consumer lending products, including deposits, loans, lines of credit, and cards.
- Ensure full compliance with relevant laws, regulations, and internal policies across the product lifecycle.
- Serve as a subject-matter expert and liaison during audits and regulatory examinations.
- Guide the business through regulatory changes, providing strategic insights and recommendations.
- Maintain a strong compliance culture within the Retail Products and Services Division.
- Collaborate with the Corporate Compliance Division to align with enterprise-wide compliance initiatives.
- Provide support and expertise to product development teams, ensuring compliance from the outset.
- Review and approve marketing materials to ensure compliance with advertising regulations.
- Conduct regular compliance training sessions for relevant staff members.
- Stay updated on industry trends and regulatory changes, and communicate these to the team.