Job description

First Commercial Bank (USA) is the wholly owned subsidiary of First Commercial Bank in Taipei, one of the premier commercial banks in Taiwan. First Commercial Bank (USA) has 8 branches in California. We are currently looking for a Compliance Officer.

SUMMARY

The Compliance Officer, also acting as the Bank’s Community Reinvestment Act (CRA) officer is responsible for formulating and maintaining a bank-wide compliance program relative to lending and operational areas to ensure that the Bank achieves optimum compliance with applicable laws and regulations. Ensures complies with all regulations which apply within the scope of the position, including Bank Secrecy Act

DUTIES

· Manage development, implementation and maintenance of internal controls sufficient to ensure compliance with all consumer laws and regulations by reviewing and updating the Bank’s policies and procedures in lending and operations.

· Develop an overall CRA program and strategy for the Bank by monitoring CRA performance and report results to the CRA Committee, analyzing geographic distribution of loans and deposits and submit recommendations to management, participating in community activities, identifying and evaluating various programs and opportunities to meet the requirements of the lending, investment and service tests under the bank examination guidelines, and revising the CRA policy/program as needed.

· Review, research, analyze and interpret all new and revised federal and state laws to determine their applicability to the Bank.

· Monitor pending or proposed regulatory changes; analyze the impact on various areas of the Bank and coordinate implementation of changes with various departments.

· Ensure that the Bank’s library of compliance resources is continually being developed and maintained; maintain information flow on regulatory issues to all divisions throughout the Bank and all levels including Board of Directors, senior management, and lending/operations staff.

· Schedule, coordinate, develop and/or conduct training to address federal and state compliance requirement including but not limited to CRA and Fair Lending legislation.

· Assist internal/external auditors or outside consultants in development of compliance audit programs. Ensure that compliance findings and recommendations are acted upon in a responsible, timely manner and that corrective action is effectively implemented.

· Prepare the Bank for regulatory CRA & compliance exams by serving as the point of contact and coordinating the exams. Follow up and resolve any cited deficiencies and/or violations.

· Participate in new product development and implementation; review notices, forms, advertisements and brochures to ensure compliance with regulatory requirements.

· Research and promptly respond to compliance questions from Bank personnel.

· Accept other duties including special projects as deemed necessary by the supervisor.

QUALIFICATIONS

Education: Bachelors degree from an accredited college

Experience: At least 5 years of experience in compliance with thorough knowledge in banking services policies and procedures

Skill/Ability: Excellent analytical, research, and planning skills with good verbal and written communication skills are essential. Supervisory experience preferred but not required. Thorough knowledge of CRA and Fair Lending regulations.

First Commercial Bank USA is an equal opportunity employer. It is the Bank’s policy to provide equal employment opportunities to all qualified applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. EOE/AA Member FDIC

California Privacy Rights Act Disclosure

This disclosure provides an explanation of your rights under the California Privacy Rights Act of 2020 (“CPRA”). The California Privacy Rights Act (CPRA) is an extension of the 2018 California Consumer Privacy Act (CCPA). The goal of both laws is to enhance the privacy rights of California residents with regards to the personal information that companies collect about them, giving them the right to see, delete and limit the sale of that data. The CPRA provides the following rights to applicable consumers: (1) Know what personal information is being collected about them; (2) Access personal information that has been collected about them; (3) Request the deletion of their personal information, subject to certain restrictions; (4) Prevent the sharing or sale of their personal information to third parties; (5) Sue or join class-action suits against erring businesses; and, (6) Receive equal service and price even if they exercise privacy rights. Contact your local branch if you are uncertain regarding the applicability of the CPRA.

If you are a California resident you may have certain rights under the California Consumer Privacy Act (Cal. Civ. Code §1798.100 et seq.) regarding your personal information, including:

• the right to request the specific pieces of personal information we collected about you; the categories of personal information we collected; the categories of sources used to collect the personal information; the business or commercial purposes for collecting your personal information; and the categories of third parties with whom we share your personal information each as it pertains to our activities in the preceding twelve (12) months
• the right to request, on legitimate grounds, deletion of your personal information that we collected;
• the right to have someone you authorize make a request on your behalf; and
• the right not to be discriminated against for exercising any of these rights.

We also must provide in this disclosure certain details about our collection and handling of categories of personal information. The information that follows shows the types of personal information we may collect about California residents who are subject to the CPRA, the sources

from which we collect it, and the ways in which we use and disclose it.

The CPRA requires that businesses:

• Only collect personal information that is necessary for legitimate business purposes
• Clearly communicate to consumers about how they use the personal information they collect
• Let consumers know how they can choose to access and edit their personal information as well as how to opt-out of it being sold or shared
• Limit use of sensitive personal information
• Keep consumers' personal information secure
• Not treat consumers any differently for exercising these rights

The CPRA defines personal information as any information that can be used to identify or is associated with a consumer or household:

Personal information includes but isn't limited to:

• Identifying information such as names, addresses, IP addresses, email addresses, and social security, driver's license, and passport numbers
• Commercial data such as property records and purchase histories
• Biometric information, for example face, iris, or voice recognition or fingerprint scanning
• Internet information, including browsing and search history
• Employment and educational information
• Geolocation data
• Sensitive personal information

Sensitive personal information includes any private information that divulges any of the following:

• Personal identification numbers, including social security, driver's license, passport, or state ID card numbers
• Account or debit or credit card numbers combined with passwords or codes that would enable access to the accounts
• A consumer's exact geolocation
• A consumer's racial origin, religious beliefs, or union membership
• A consumer's mail, email, or text message content unless the information was intentionally sent to the business
• A consumer's genetic data, such as DNA samples

Note that any sensitive personal information that is publicly available is not considered sensitive personal information or personal information under this law.

RIGHT TO ACCESS

First Commercial Bank (USA) (the “Bank”) may from time to time, and with your permission or at your request, collect and maintain information about you related to” (1) current and historical residential history; (2) current and historical employment history; (3) current and historical financial position, including but not limited to assets, liabilities and net worth; (4) current and historical credit history; (5) current and historical transaction history, including but not limited to application information, transaction details, analyses of transaction details, evaluations of requests for products and services, and documentation related to transactions, and documentation regarding disposition of requests for products and services; (6) personal and professional references; and, (7) other related information deemed necessary to maintain 3 Revised 202212

account relationship and comply with applicable laws, rules and regulations. The Bank collects and maintains your information for the purpose of evaluating your requests for products and services, to properly maintain your accounts with the Bank and to comply with applicable laws, rules and regulations.

If you are subject to the CPRA you have the right to request the categories and specific pieces of personal information that the Bank has collected. To obtain the information you must submit a “Verifiable Consumer Request.” A Verifiable Consumer Request is a request that is made by you on your behalf, by you on behalf of your minor child, or by a natural person or a person registered with the California Secretary of State, authorized by you to act on your behalf. The Bank shall respond to your request within 45 days of receiving your Verifiable Consumer Request” unless the Bank chooses to extend the timeframe to 90 days. The Bank must notify you within the initial 45 day period if it chooses to extend the period to 90 days. You are permitted two requests in a 12-month period. The information provided will cover the 12-month period immediately preceding the request.

RIGHT TO DELETE

If you are subject to the CPRA you have the right to request that the Bank delete any personal information about you which the Bank has collected. You must submit a Verifiable Consumer Request to request deletion of your personal information. Under certain circumstances the Bank is not required to comply with your request to delete personal information. Upon receipt of a Verifiable Consumer Request the Bank will inform you whether you request is subject to the CPRA exceptions and as such, whether the Bank will be unable to delete your personal information.

RIGHT TO KNOW

If you are subject to the CPRA you have the right to request that the Bank disclose to you upon receipt of a Verifiable Consumer Request, the following information: (1) categories of personal information collected about you; (2) categories of sources from which the personal information is collected: (3) business or commercial purpose for collecting your personal information; (4) categories of third parties with whom the Bank shares personal information; and, (5) the specific pieces of personal information the Bank has collected about you.

You may submit a Verifiable Consumer Request via regular mail to: First Commercial Bank (USA), Operations Department, 200 East Main Street, Alhambra, CA 91801. You may also submit your Verifiable Consumer Request via e-mail to Operations@bankfcb.com. The Bank shall respond to your request within 45 days of receiving your Verifiable Consumer Request unless the Bank chooses to extend the timeframe to 90 days. The Bank must notify you within the initial 45 days period if it chooses to extend the period to 90 days. You are permitted two requests in a 12-month period. The information provided will cover the 12-month period immediately preceding the request. 4 Revised 202212

RIGHT TO OPT OUT

Not applicable

First Commercial Bank (USA) does not offer an opt-out from the sale of personal information because First Commercial Bank (USA) does not engage in the sale of personal information as contemplated by the CPRA.

RIGHT OF EQUAL SERVICE

The Bank may not discriminate against you because you exercised any of your rights under the CPRA.

QUESTIONS

If you have any questions regarding this disclosure you may call us toll free at (888) 526-0350 or contact your branch of account. You may also write to us at: 200 East Main Street, Alhambra, CA 91801 to the attention of Compliance Officer. For contact information please visit our website at www.bankfcb.com.

Job Type: Full-time

Pay: From $108,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay

Education:

• Bachelor's (Required)

Experience:

• Banking Compliance: 5 years (Required)
• CRA and Fair Lending regulations: 5 years (Preferred)

Work Location: In person

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