Job Description
Salary pay range: $58,736 USD to 73,419 USD
SUMMARY
The Assistant Compliance & CRA Officer monitors and administers the Bank’s compliance program, supporting the Compliance & CRA Officer in ensuring alignment with applicable laws and regulations.
The ideal candidate for this position should possess strong analytical skills, attention to detail, and a solid understanding of compliance regulations. Excellent communication skills, a background in finance or law, and a collaborative, proactive approach will be essential to the Assistant Compliance & CRA Officer’s success. This role also involves developing training programs to educate team members on compliance responsibilities.
By ensuring compliance with laws and regulations, the Assistant Compliance & CRA Officer significantly contributes to the Bank’s integrity and reputation. This officer helps mitigate risks, fosters a culture of compliance, and supports the Bank’s mission to operate ethically and responsibly.
All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cybersecurity, and risk management best practices, as well as complying with all applicable laws, regulations, and organizational policies.
ESSENTIAL DUTIES
Monitor and coordinate CRA activities, including goal management and reporting on a periodic basis.
Provide support for ensuring the Bank’s compliance with the technical requirements of the Community Reinvestment Act including maintaining the Bank’s public comment file and required notices.
Update, coordinate and monitor the Bank’s Fair Lending Program, such as policies, procedures, risk assessments, risk monitoring and management information systems, internal controls, and other related documentation and reporting.
Periodically review and update of any other Compliance-related policies and procedures as required by regulatory agencies and applicable federal and state laws and regulations.
Assist with monitoring and administering a compliance program that effectively reviews the various areas of the Bank for compliance.
Provide support in coordinating with regulatory authorities, auditors and others to ensure that compliance issues are adequately addressed where and when appropriate.
Monitor and administer of a comprehensive training program for the Bank’s policies and procedures, as well as all applicable federal and state laws and regulations.
Administer a library of compliance resources. Collect and disseminate to appropriate staff information related to compliance and other topical subjects. Provide informational assistance to management and staff members.
Review and revise of the Bank’s forms and disclosures for compliance with applicable laws and regulations. Work with counsel and others in developing contracts, forms and/or disclosures that meet the needs of the Bank and comply with all applicable laws and regulations.
Assist with processes that ensure reports to federal and state regulatory agencies are complete and filed on a timely basis. Act as the backup contact for the regulatory agencies for issues relating to compliance.
Assist with coordinating the completion of the Bank’s Risk Assessment to assist in determining risk levels of Bank functions for Compliance reviews and/or audit planning purposes.
Prepare reports for the Board's Audit Committee on a quarterly basis.
Assist other team members in processing legal service, levies, garnishments, etc.
Assist the Compliance Officer, other officers, managers and employees in compliance related functions.
Assume responsibility for special projects and tasks as assigned.
EDUCATION & CERTIFICATIONS Bachelor’s degree in Accounting, Finance, a related field, or a commensurate combination of education and experience required.
Minimum of three years of experience working in regulatory compliance examination, compliance auditing, or a related field required.
MINIMUM REQUIREMENTS Working knowledge of the operational innerworkings of financial institutions, including relevant laws, regulations, and best practices.
Excellent communication skills and the ability to communicate effectively, verbally and in writing, with internal and external customers at all levels.
A positive and proactive approach to work, demonstrating enthusiasm, adaptability, and the ability to maintain composure and professionalism in stressful or adverse conditions.
Strong organizational skills and attention detail.
Critical thinking skills and the ability to apply sound judgement in decision-making.
Ability to accurately and quickly complete standard mathematical calculations, applying concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to analyze and interpret common and specialized financial reports.
Proficient computer literacy, including comfort with Microsoft systems and Office Suite.
Intermediate typing skills to meet the needs of this position.
Current driver’s license and reliable transportation with appropriate insurance coverage; additionally, the ability to drive occasionally in the course of performing assigned duties and responsibilities.
The ability to work with minimal or no supervision.
ADDITIONAL QUALIFICATIONS Relevant industry certifications strongly preferred.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers; handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.
NOTE
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently.
Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others.
The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.
The company is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations and other laws/regulations as applicable.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor. Banterra Bank
Job Tags
Contract work,