Compliance Officer

Job Summary:

Assist with overseeing the consumer compliance functions (laws and regulations) as they apply to the Bank. Assist in ensuring the Bank complies with regulatory requirements and applicable policies, procedures, and practices. Collaborate in the identification, measurement and monitoring of compliance risks within the Bank. Assist with developing, implementing and administering, aspects of the Bank Secrecy, Anti-Money Laundering and Customer Identification Program, as needed.

Duties/Responsibilities:

· Research federal and state banking laws and regulations, to stay updated with changes and to assist with answering questions that arise.

· Review the bank’s policies and procedures to ensure overall compliance.

· Advise management and employees of emerging compliance issues and risks.

· Assist with updating or creating various Programs, Policies, Procedures and Risk Assessments to develop controls to mitigate those risks for the various banking areas.

· Create and help maintain Internal Compliance Reviews for significant processes, procedures, and applications within the operating areas of the bank.

· Assist with conducting Internal Monitoring Reviews on a scheduled basis and report the results to the responsible department head and Executive Management.

· Assist with creating and facilitating various Trainings for bank staff on various banking regulations, including Retail, Lending, BSA, and CRA & Fair Lending topics.

· Assist with maintaining a Bank Secrecy, Anti-Money Laundering and Customer Identification Program, policies, and risk assessment as needed.

· Assist when needed with the BSA-AML activities including reviewing and completing of CTRs, Alerts, Cases, and SARs, and review and testing of customer data and documentation.

· Test and analyze data and processes to ensure overall compliance and accuracy.

· Serve as a Core Member on the Compliance Committee, CRA FL Committee and Suspicious Activity Evaluation Committee.

· Schedule meetings with departmental supervisors, as necessary to provide information on compliance changes that affect them.

· Assist with scheduling compliance audits of the Bank and providing results to Executive Management and the Board of Directors.

· Review advertising copy for accuracy and adherence to regulatory requirements.

· Coordinate or assist with the preparation for appropriate examinations by the regulatory agencies.

· Review documents related customer complaints and inquiries.

· Perform administrative and all other duties as assigned by management.

· Maintain a working knowledge of relevant legislation, regulations, codes of practice and departmental policies to ensure they are adhered to.

· Maintain personal and professional development to meet changing demands of the job, participate in appropriate training activities.

· Occasional commuting between branches may be required.

· Adhere to all bank policies, procedures, and customer service standards as they apply to all aspects, duties, and responsibilities of this position.

· Adhere to, understand, and comply with the Bank’s Standards of Conduct (Code of Ethics) policy.

Basic Qualifications:

Education and Experience

· Bachelor’s degree preferably in business, finance, or other related area.

· 3 to 7 years of experience in a compliance related position within the banking industry; prior supervisory experience a plus.

· Advanced knowledge of regulations within the banking industry.

Skills and Abilities:

· Extensive ability to read, analyze and interpret government regulations, trade journals and legal documents. Must be able to respond to common inquiries from regulatory agencies, outside consultants and bank.

· Ability to comprehend and respond appropriately to both oral and written communications and/or directions.

· Strong reasoning and critical thinking skills.

· Strong verbal, written and people skills.

· Ability to organize/prioritize work and meet critical deadlines.

· Proficient in Microsoft Office suite.