Compliance Associate

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Keep abreast of statutory and regulatory developments impacting the Bank and its affiliates.
• Aid in the collection of documents/information for federal and multi-state regulatory examinations, as well as internal/external audits.
• Aid in the completion of independent risk-based compliance on-site assessments of Retail branches and the Bank’s Contact Center area for compliance with all relevant banking laws and regulations, as prescribed by the Compliance Calendar.
• Aid in the preparation and delivery of written reports and recommended action plans (including commentary as to adequacy of any policy/procedure, the need for additional training and/or development of enhanced monitoring techniques) for management to correct identified deficiencies.
• Follow up to ensure receipt and implementation of appropriate responses and maintain documentation of all.
• Aid in the review of residential mortgage, commercial and consumer loan files for compliance with state and federal lending laws and regulations. Identify deficiencies and/or weaknesses in procedures and assist in the creation of reports of findings to management and the Bank’s Audit Committee.
• Provide assistance and perform follow up testing and review as prescribed by the Compliance Department’s Findings Tracker.
• Support preparation and filing of the Bank’s HMDA-LAR report via utilization of third-party reporting software (collecting application data, performing quality and validity checks, and ultimate submission).
• Support the Bank’s CRA Officer with the collection and analysis of required data for reporting on the annual CRA LAR.
• Support implementation of the Bank’s online compliance training program including the review of the training content.
• Aid in the creation of face-to-face training on new or changed regulatory requirements and the associated implementation strategy to impacted staff.
• Maintain records of all compliance training, both online and face-to-face.
• Aid in performing, documenting, and maintaining Compliance Risk Assessments.
• Identify and recommend efficiencies in the Compliance Department.
• Attend periodic seminars, webinars and other training to gain a better understanding of emerging regulatory issues.
• Assume additional responsibilities as requested.
• Demonstrate compliance with banking business laws and regulations as defined in company policies and procedures pertinent to the position.

EDUCATION AND EXPERIENCE

• Associates or Bachelor’s degree.
• Bank compliance, audit or related banking experience a plus.

CERTIFICATES, LICENSES, REGISTRATIONS

• A current driver’s license.
• A willingness to work towards obtaining a professional regulatory compliance certification (Certified Regulatory Compliance Manager or “CRCM”) a plus.

BENEFITS/INCENTIVES

• We offer a comprehensive benefits package designed to support your well-being and success, including medical, dental, and vision coverage; Flexible Spending and Health Savings Accounts; 401(k) matching; and tuition reimbursement.
• You will also enjoy additional perks such as our employee referral program, annual holiday reception, summer family outing, and more.

SALARY RANGE

$50,000 to $65,000

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, and performance.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.