The Deposits Compliance Officer reports to the Chief Compliance Officer of Ameriprise Bank and is responsible for developing, implementing, administering and enhancing all deposits-related compliance program requirements. The position is responsible for compliance oversight of deposit products offered through and serviced through a retail online bank with a distribution relationship of 10,000+ broker dealer representatives. This includes ensuring controls are in place to meet regulatory expectations under the oversight of the Office of the Comptroller of Currency (OCC) and Federal Reserve. This is expected to migrate to the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI).

About Ameriprise :
With the right company, life can be brilliant. At Ameriprise, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You'll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step to create a brilliant career at Ameriprise Financial.
If you are not located close to a physical office, remote work is considered for qualified candidates.

Responsibilities

??? Ensures that deposit products offered and/or serviced through Ameriprise Bank are fully compliant with company policy and all applicable regulations.
??? Works closely with the department managers; develops compliance policies: advises business leaders on compliance procedures; reviews and implements regulatory changes;
??? Works closely with the Bank's Risk Management and Controls team and various departments in identifying, defining, and re-mediating various risk-related issues.
??? Conducts compliance training presentations and exercises with Bank personnel, including material presented to employees during the new hire orientation process.
??? Conducts testing of compliance procedures and controls to assess how well business activities are complying with regulatory lending obligations under OCC, Fed and CFPB regulations.
??? Work closely with marketing, product and business development groups to ensure that all lending programs are in compliance with laws and regulations.
??? Partner with the General Counsel's Organization and other cross-Enterprise groups in managing regulatory compliance-related issues and audits.

Required Qualifications

??? Bachelor's degree or equivalent.
??? 5+ years relevant experience covering deposit products in one or many areas.
??? Strong knowledge of banking-related consumer protection laws and regulations.
??? Understanding of banking systems and processes.
??? Excellent oral and written communications skills.
??? Ability to lead and influence effectively across a matrixed organization.

Preferred Qualifications

??? Broad understanding of various financial services companies.
??? Background in banking activities sold or serviced through broker-dealers.
??? JD or equivalent

About Our Company

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.