Compliance Officer

About the Role

We are currently hiring for a Compliance Officer to manage the Bank’s compliance programs, including policies, procedures, systems monitoring, technology-based controls, and training, as well as compliance monitoring and testing.

Responsibilities

• Provide effective leadership in enhancing and sustaining the compliance programs to ensure they are commensurate with equivalent-sized bank programs and practices and in line with federal and state regulatory authorities.
• Develop and maintain required compliance training, staff development training, and other ongoing training/education as assigned.
• Assist in assessing and monitoring compliance and enterprise risks associated with the Bank’s business activities, operations, and products and services.
• Assist in managing the Bank’s compliance and risk assessment programs, including policies, procedures, training, and testing (e.g., Flood, CRA, HMDA, Fair Lending, ID Theft).
• Assist, review, and collaborate with other bank departments to gather information for audits and exams.
• Review responses for regulatory exams, audits, investigations, and other information requests.
• Ongoing development and updates to the CRA plan and monitoring compliance with the plan.
• Coordinate bank-wide compliance with CRA/HMDA, including developing automated processes for accurate and efficient data gathering and scrubbing.
• Ensure the integrity of CRA and HMDA data for regulatory filing, including scrubbing sample loan files and setting up validity and edit checks.
• Prepare reports and information for the Board of Directors as needed.
• Act as an integral part of the audit compliance committee.
• Participate in various committees and provide compliance support as needed.
• Assist in special projects, including optimizing efficiency with bank procedures and systems (e.g., account opening, Universal Banker procedures).

Qualifications

• Bachelor’s Degree in a related field or equivalent work experience.
• CRCM or similar certification preferred.
• Ongoing compliance-related education is required.

Experience

5 years of progressive experience in banking compliance or regulatory roles.

Skills

• Excellent communication and interpersonal skills.
• Detail-oriented and dependable.
• Ability to multi-task and communicate effectively with all levels within the bank and outside agencies.
• Ability to research regulations and implement applicable changes.
• Proficiency in MS Office suite.

Work Environment

The overall working conditions are relatively safe and comfortable, typical of an office environment. The role requires the ability to sit in front of a computer screen for extended periods.