Compliance Officer – Compliance Assurance - Midvale

About the role

Zions Bancorporation is seeking a Compliance Officer to join the Compliance Assurance Program (CAP) team within Compliance Risk Management (CRM). Compliance risk is inherent in all bank products, services and activities, and the effective management of compliance risks is a fundamental element of regulatory risk management. The CAP department within CRM is a second line of defense function that performs independent and objective reviews of business processes, functions, and departments to determine the effectiveness of internal controls in managing compliance risks.

Responsibilities

• Assist in planning and scoping small, noncomplex compliance reviews of business processes in accordance with established guidelines
• Conduct fieldwork activities such as testing controls, gathering documentation, and performing walkthroughs to evaluate compliance with internal policies and regulatory requirements
• Analyze transactional data and business activities to identify compliance risks, issues, and potential areas for improvement
• Perform root cause analysis to determine the underlying factors contributing to compliance deficiencies or process gaps
• Draft clear and concise audit reports summarizing findings, recommendations, and required corrective actions
• Monitor and track remediation efforts by business units to ensure timely resolution of identified issues
• Communicate audit objectives, progress, and results with various stakeholders including business process owners, management, and compliance teams
• Maintain accurate and organized audit workpapers and documentation to support findings and conclusions
• Stay informed of relevant compliance regulations, company policies, and best practices to support audit work
• Participate in team meetings, training sessions, and ongoing professional development activities as required
• Other duties as assigned

Requirements and Qualifications

• Associate's degree in business, finance, accounting or a related field or equivalent working experience in banking/financial services regulatory compliance, risk management, audit, or other directly related banking operations experience. A combination of education and experience may meet requirements
• 2+ years in banking/financial services regulatory compliance, auditing or other directly related experience is preferred
• Basic knowledge of banking/financial regulatory compliance, compliance testing, auditing, financial principles, and regulatory issues
• Working knowledge of federal and state compliance laws and regulations
• Proficient customer service and communication skills, both verbal and written
• Effective research, project management, organizational, analytical and problem resolution skills
• Proven ability to work independently and meet strict deadlines
• Working knowledge of Microsoft applications (Access, Excel, Word and PowerPoint)

Location

This position is located at the Zions Technology Center in Midvale, UT

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, 20 days of Paid Time Off (PTO) and 11 Paid Federal Holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products
• Employees may, at the company's discretion, be eligible to receive a cash bonus award