Hybrid Compliance Officer - Monitoring & Testing bei Bell Bank

This position performs periodic reviews to assess the Bank’s level of compliance with various regulations. Seventy-five percent of time for this position will be spent on the following primary duties. 

Primary Duties:

• The following are subject to review by the Compliance Manager
  • Monitor and maintain an awareness of changes in federal and state rules and regulations.
  • Coordinate and conduct periodic reviews of various regulatory areas, for example, Flood Insurance, Electronic Funds Transfer Act, TILA-RESPA Integrated Disclosures, Truth in Savings Act, etc., prepare compliance review reports; recommend corrective action as necessary; and evaluate corrective action taken.
  • Monitor the compliance review findings tracker to ensure corrective action is completed in a timely manner and update the status of the issues as necessary.
  • Lead kick-off and exit meetings with department managers to discuss review scope and findings.
  • Assess audit processes looking for ways to enhance compliance reviews.
  • Maintain up-to-date knowledge of federal and state bank rules and regulations; analyze significance of modifications to update review scopes and work papers.
• Additional Duties: (subject to review by the Compliance Manager)
  • Serve as a resource for staff questions regarding compliance or regulatory issues.
  • Attend meetings/training classes to develop and maintain knowledge of each area of the Bank.
  • Review marketing materials and websites to ensure compliance with advertising regulations.
  • Serve as a back-up to review and analyze customer complaints for any trends or system weaknesses on a quarterly basis, and address the weaknesses with management.
  • Maintain detailed knowledge of Bell Bank’s products and services.Occasional overnight travel required.
• Know by name and face as many customers and employees as possible, calling them by name as often as possible.
• Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
• Know, understand, and live the company values and bottom line.
• Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
• All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
• Prompt and reliable attendance.
• Perform other duties as assigned.

Job Skills Required:

• B.A. in accounting, finance, or business related field; alternatively, bank-related job experience will be considered (minimum four years).
• Two or more years of compliance experience.
• Strong knowledge of lending and deposit banking regulations, disclosures and documentation.
• Ability to read, comprehend and conduct research on banking regulations to provide understanding, interpretations or clarifications.
• Ability to learn quickly to keep pace with changing regulatory environment.
• High degree of initiative, organizational and time management skills to work independently in an efficient manner.
• Strong verbal and written communication skills.
• Excellent analytical thinking, decision making and effective problem solving skills. Ability to exercise independent judgment and discretion with limited supervision.
• Ability to work well in a collaborative, cohesive and cooperative team environment.
• Ability to be flexible, work with interruptions and changing priorities in a productive manner.
• Detail oriented and able to prioritize and complete tasks to meet deadlines.
• Due to the nature of the compliance function, must maintain a high level of confidentiality at all times.