Director of Regulatory Compliance at QCR Holdings, Inc.

Description

TITLE: Director of Regulatory Compliance 

DEPARTMENT: 991 – Compliance     

JOB SUMMARY: 

The Director of Regulatory Compliance leads the Compliance function that supports the adequate and effective management of risk at QCR Holdings Inc. and its subsidiaries. This role oversees the design, implementation, and operation of an effective Second Line Compliance function, including all related personnel, processes, and systems. The Director demonstrates a deep understanding of the intersections of compliance and the Company’s strategy, business model, and operations. Success in this leadership role requires meaningful and diplomatic collaboration with peers, stakeholders, executive and senior leaders, directors, and the Company’s regulators.  

ESSENTIAL FUNCTIONS: 

• Ensure all significant compliance risks are effectively identified. 
• Ensure all significant compliance risks are effectively assessed and understood. 
• Ensure ongoing effective challenge, support, and follow-through to confirm that significant compliance risks are effectively mitigated or avoided. 
• Ensure timely, relevant, and accurate monitoring and reporting of compliance risks to senior management and committees. 
• Provide strategic leadership for the ongoing design, implementation, and operation of the Second Line’s Compliance Management Program that supports the adequacy and effectiveness of compliance management. 
• Provide strategic leadership for appropriate and timely policies and procedures that promote effective management of compliance risks. 
• Serve as the Company's leading subject matter expert for compliance management in relation to the Company's strategy, business model, and operations. 
• Champion the Company's risk culture and maintain constructive relationships with peers, stakeholders, executive and senior leaders, directors, and regulators. 
• Serve as the Company’s primary point of contact for regulatory compliance exams of the holding company and subsidiary banks in collaboration with key internal stakeholders. 
• Hire, develop, motivate, and train staff, including planning and delegating work assignments and projects.  
• Evaluate performance, administer touch points and deliver performance evaluations. 
• Establish clear expectations and hold team members accountable to performance and behaviors aligned with our culture.  
• Understand and administer compensation based on pay for performance philosophy, including merit increases and variable pay. 
• Participate in community engagement events. This can include professional, civic and community groups. 
• Comply with all company or regulatory policies, procedures and requirements that are applicable to this position. 
• Foster and preserve a culture of inclusion. 
• Additional duties and responsibilities may be required to support the company’s mission, vision and values.  

QUALIFICATIONS: 

• Master’s degree in business, finance, or a related field preferred, or an equivalent of education and experience.  
• Relevant credential issued by a national banking or risk management industry association. 
• Minimum six years’ banking experience. 
• Minimum eight years compliance management experience. 
• Minimum three years’ experience leading a Compliance function at a financial organization with $10-100B in total assets. 
• Ability to write clear, concise, and grammatically correct communications appropriate for a professional audience. 
• Capability to utilize various banking software and Microsoft 365 products, with a high level of accuracy and attention to detail.  
• High standards of individual responsibility and a willingness to follow up and follow through with stakeholders to support shared accountability. 
• Ability to deliver accurate analysis and work product that inform the Company’s key decisions and actions. 
• Interpersonal communications savvy with an emphasis on active listening, empathy, and diplomacy to achieve shared goals.  

SALARY & BENEFITS:

The minimum salary range for this position is $150,000-$180,000 annually. The actual starting salary will be based on qualifications and business needs and may vary, as permitted by applicable state law.

This position is a regular full-time position, and individuals employed as regular full-time, are eligible for the following benefits subject to the terms, limitations and conditions of each benefit plan: Health, Dental, Vision, Life Insurance, Disability Insurance, FSA, HSA, 401K, Employee Stock Purchase Plan, Paid Time Off, Paid Holidays and additional Voluntary Supplemental Insurance.

WORKING CONDITIONS: 

• Duties are performed in a professional office environment. 

At QCR Holdings, Inc. we are committed to fostering and preserving a culture of inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger. 

QCR Holdings, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status. 

It is the policy of QCR Holdings, Inc. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.