Compliance Monitoring & Testing Analyst 1

Assist management with daily operations to ensure adherence to legal standards, regulations and relevant policies.

Conduct risk-based compliance reviews to assess compliance with regulatory requirements.
• Correspond with business units concerning compliance reviews.
• Research and analyze relevant compliance-related information and make recommendations on necessary procedural/control changes.
• Develop and implement procedures to ensure compliance with applicable laws and regulations.
• Monitor changes in laws and regulations and communicates updates to Department.
• Collaborate with cross-functional teams to address compliance issues and implements corrective actions.
• Oversee remediation of gaps identified in the review process and tracks issues to closure.
• Prepare and submit regulatory and internal workpapers and comprehensive management reports detailing the results of compliance reviews, findings, observations and recommendations.
• Verify business unit's practices against policies and procedures as well as federal, state, and local laws and regulations.
• Assist with creation of compliance policies and procedures.
• Assist with training programs based on compliance reviews insights and regulatory changes.
• Maintain effective connections with all business units.
• Maintain current knowledge of federal, state, and local laws and regulations, industry best practices end emerging trends in compliance.
• Become proficient in the Department's Compliance Management Program

• HS diploma or equivalent required, bachelor's degree in related field preferred.
• Minimum 1 - 3 years banking/related experience or equivalent.
• MS Office proficiency required.
• Strong organizational, problem-solving, and analytical skills.
• Excellent written and verbal communication skills.
• Familiarity with regulatory standards and consumer compliance laws.

WORKING CONDITIONS:

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. Regular attendance and punctuality are essential functions of every job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential functions.

Perform routine and typical tasks of an office such as typing, taking notes, reading/reviewing, computer work, filing, copying, answering phones, etc. that may require employee to view, stand, stoop, kneel, or crouch and lift. Position requires flexibility and willingness to occasionally travel to other locations/ branches for training and attending meetings.

The successful candidate will be required to prove on the first day of work that they are legally authorized to work in the U.S. The Bank will not sponsor a candidate for a visa or for work authorization.

COMPENSATION: $60,000 to $80,000 annually