Compliance Analyst at Saint Louis Bank

Description

Job Summary 

The Compliance Analyst supports the Compliance Officer in ensuring the Bank’s compliance program is effectively implemented, maintained, and documented in accordance with applicable federal and state banking regulations. This position plays an active role in performing internal compliance reviews, tracking, and reporting exceptions, coordinating examination materials, and assisting in quality assurance testing for underwriting. The Compliance Analyst also helps monitor key internal controls and supports the Bank’s audit liaison and external review functions.

Job Responsibilities

Compliance Review and Testing

• Assist the Compliance Officer in planning, performing, and documenting internal compliance reviews and monitoring activities.
• Conduct targeted testing in accordance with the Compliance Review Schedule to assess adherence to regulatory requirements.
• Identify, document, and follow up on exceptions to ensure timely resolution.

Exception Tracking and Reporting

• Maintain and update the Bank’s Exception Tracking Report, ensuring accuracy and completeness.
• Track remediation efforts and escalate overdue items to the Compliance Officer.

Regulatory Examinations and External Reviews

• Assist in compiling and organizing documentation and data requests for FDIC, state, and other external examinations.
• Support the Compliance Officer in managing external review processes and maintaining examination files.

Audit Liaison Support

• Assist the Compliance Officer in coordinating responses to internal audit requests and monitoring resolution of audit findings.
• Maintain organized records of audit communications, responses, and corrective actions.

Committee and Management Reporting

• Prepare draft compliance reports for presentation to the Compliance and Audit Committee.
• Maintain tracking of review results, corrective actions, and follow-up items for management reporting.

Quality Assurance – Underwriting

• Assist in performing quality assurance testing of underwriting files to ensure adherence to internal credit policies and applicable regulations.
• Document findings and recommend corrective actions for identified deficiencies.

Monitoring of Internal Controls

• Support the Compliance Officer in monitoring key internal controls within compliance, BSA/AML, and operational risk areas.
• Assist in identifying control gaps and proposing enhancements.

General Support

• Maintain an organized compliance file system, ensuring confidentiality of sensitive data.
• Stay current with changes in laws, regulations, and industry best practices.
• Perform other duties as assigned to support the Compliance Department and the broader Risk Management function.

Qualifications, Knowledge, and Skills

• Bachelor’s degree in business, finance, accounting, or related field preferred; equivalent banking experience may be considered.
• Minimum of 2 years of experience in banking compliance, loan operations, quality assurance, or related field preferred.
• Experience with FDIC-regulated institutions and familiarity with federal and Missouri banking regulations is strongly preferred.
• Strong organizational skills with attention to detail.
• Ability to manage multiple tasks and meet deadlines under minimal supervision.
• Strong analytical skills for identifying trends, issues, and solutions.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint).

Work Environment

• General office conditions.
• Employees are expected to be onsite at the bank. 
• Standard office environment with occasional travel to the second branch location as needed.
• May require extended hours during peak examination or reporting periods.

Disclaimer  

All offers for employment with Saint Louis Bank are contingent upon the candidate having successfully completed a criminal background check. Saint Louis Bank will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, State, and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Saint Louis Bank is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled /Veteran/Gender Identity/Sexual Orientation.