Compliance Review Analyst II
Description
The Compliance Review Analyst supports IBA member banks' regulatory compliance program by performing independent review and testing of the banks' compliance management system, evaluating compliance functions, exercising discretion when suggesting improved practices and policy revisions, and provide regulatory compliance consulting to member banks.
Independently deliver consulting service consisting of on-site evaluation of member bank's compliance programs through testing, utilizing compliance management expertise. Consulting services encompasses lending, HMDA, SAFE ACT, deposit, ACH and Bank Secrecy Act compliance functions, including but not limited to policy, disclosure and procedure review and analysis. Utilize discretion and independent judgement in analysis using regulatory resources, management experience, and training to provide recommendations for the bank's consideration. Works independently from a home or corporate office, set daily schedule to complete bank engagements and prepare detailed reports advising member bank on recommendations for improving practices and procedures, corrective action and policy revisions.
Review trade, regulatory, and legal publications on an ongoing basis to monitor emerging compliance issues, regulatory changes, and industry trends affecting member banks. Independently research and develop articles and materials for IBA publications, web-based compliance resources or other products/services of value to the department or members.
Participate in appropriate training, conferences, and professional development opportunities to strengthen regulatory knowledge, develop skills needed to support assigned compliance functions, and meet continuing education requirements for maintaining professional designation(s).
Provide support to other team members as requested by management.
Requirements
Required Education: Bachelors degree (B.A.) from four-year College or University preferred or equivalent combination of education and experience.
Required Work Experience: Minimum of three years of bank compliance management, bank consumer regulatory supervisory activity, deposit and loan operations/documentation; or equivalent combination of education and experience
Technology Skills: Proficiency with MS Office applications
Required Skill or traits for the position: Oral/written communication; ease in handling multiple priorities
Specialized Training/Certifications: CRCM preferred or willing to obtain.
The Compliance Review Analyst supports IBA member banks' regulatory compliance program by performing independent review and testing of the banks' compliance management system, evaluating compliance functions, exercising discretion when suggesting improved practices and policy revisions, and provide regulatory compliance consulting to member banks.
Independently deliver consulting service consisting of on-site evaluation of member bank's compliance programs through testing, utilizing compliance management expertise. Consulting services encompasses lending, HMDA, SAFE ACT, deposit, ACH and Bank Secrecy Act compliance functions, including but not limited to policy, disclosure and procedure review and analysis. Utilize discretion and independent judgement in analysis using regulatory resources, management experience, and training to provide recommendations for the bank's consideration. Works independently from a home or corporate office, set daily schedule to complete bank engagements and prepare detailed reports advising member bank on recommendations for improving practices and procedures, corrective action and policy revisions.
Review trade, regulatory, and legal publications on an ongoing basis to monitor emerging compliance issues, regulatory changes, and industry trends affecting member banks. Independently research and develop articles and materials for IBA publications, web-based compliance resources or other products/services of value to the department or members.
Participate in appropriate training, conferences, and professional development opportunities to strengthen regulatory knowledge, develop skills needed to support assigned compliance functions, and meet continuing education requirements for maintaining professional designation(s).
Provide support to other team members as requested by management.
Requirements
Required Education: Bachelors degree (B.A.) from four-year College or University preferred or equivalent combination of education and experience.
Required Work Experience: Minimum of three years of bank compliance management, bank consumer regulatory supervisory activity, deposit and loan operations/documentation; or equivalent combination of education and experience
Technology Skills: Proficiency with MS Office applications
Required Skill or traits for the position: Oral/written communication; ease in handling multiple priorities
Specialized Training/Certifications: CRCM preferred or willing to obtain.