Compliance Specialist

Description

As a Compliance Specialist with People’s Bank of Commerce, you are responsible for daily administrative tasks as it relates to compliance monitoring reviews, regulatory change management and BSA/AML/OFAC operations. A typical day might include, working on compliance monitoring projects, completing BSA tasks such as enhanced due diligence reviews, reviewing suspicious activity alerts, reviewing OFAC reports and more. To be successful in this role, you have strong attention, analytical skills and work well independently. Due to the nature of this role, confidentiality must be maintained.

Requirements

Duties and Responsibilities:

• Provides support to all areas of the Compliance Department as directed or where service or assistance is needed.
• Assures compliance with all Bank policies, procedures and processes, and applicable laws, rules, and regulations, and adheres to Bank Secrecy Act (BSA) responsibilities that are specific to the position.
• Reviews Currency Transaction Reports (CTRs) completed by branch personnel for accuracy and filing, and reviews daily currency reports to ensure CTRs have been completed for all reportable transactions.
• Back up to the BSA Specialist with the Bank’s OFAC system and FinCEN 314(a) list and inquiries, and appropriately responds to positive hits detected by the Bank’s AML or OFAC software system as directed.
• Log and track complaints received by the Bank.
• Coordinate the compliance eLearning training software.
• Coordinate, implement, and execute risk-based regulatory compliance monitoring reviews in accordance with the Bank’s Compliance management Program.
• Works closely with a variety of departments to mitigate findings found during compliance reviews.
• Reviews residential lending loans to ensure HMDA data accuracy for the Bank’s HMDA data collection, tracking and reporting software systems.
• Reconciles HMDA entries and performs validity checks of HMDA data. Submits annual report to regulatory agency.
• Maintains a working knowledge of all applicable banking laws, rules, and regulations.
• Attend training/education as appropriate.
• Review and updates appropriate reports in a timely manner.
• Assumes responsibility for various department functions in the absence of staff members or in overload situations.
• Participates in various compliance related meetings and committees as required.
• Completes all required training of the position in a timely manner.
• Completes administrative tasks correctly and on time; supports the Bank’s goals and values.
• Assists in special projects and tasks for the department as directed.
• Other duties as assigned.

Minimum Qualifications

• Requires 2 years of experience in the financial or compliance industry.
• High school diploma required. College degree preferred.
• Basic computer skills
• Strong attention to detail
• Working knowledge HMDA reporting requirements strongly preferred.
• Strong oral and written communication skills.
• Proficiency in Microsoft Excel and Word.
• Strong analytical and problem-solving skills. Able to work with minimal supervision.
• Organized with a sense of strong time management and the ability to manage multiple tasks/projects and deadlines simultaneously.
• General knowledge of the mortgage industry
• Knowledge of ECOA, RESPA/TRID, and BSA

The above statements are intended to describe the general nature and level or work to be performed. They are not intended to be an all-inclusive listing of all responsibilities, duties and skills required for this position. These job requirements are subject to change to reasonably accommodate qualified disabled individuals.

Those selected must be able to provide proof of legal right to work in this country. Hiring will be subject to criminal history background check, credit check, drug screen and references.

People's Bank of Commerce is an Equal Opportunity Employer of minorities, women, protected veterans, and individuals with disabilities. If you are an individual with a disability and require reasonable accommodation to complete all or part of the application process, please call 541-491-8928 or email [email protected].