Compliance Officer Job

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Compliance Officer:
The VP of Compliance & BSA Officer plans, conducts and reviews of all banks activities and assesses the internal controls, operations, and administrative functions for efficiency and effectiveness. This is the lead role for the bank's BSA and Compliance program.
Reviews and monitors policies and procedures to ensure compliance with federal and state banking regulations as well as internal policies.
Must have strong knowledge of BSA/AML regulations.
Experience with high risk money services business (MSB) accounts is required.
Experience leading a department in a community banking environment is required.
Compliance Officer
Responsibilities:
The Compliance Officer is responsible for maintaining a current knowledge of BSA, AML and OFAC regulations and all bank related compliance regulations.. This person will also use monitoring application systems, maintain investigation files, and conduct periodic assessments of the departments for compliance. Prepare BSA/AML Risk Assessment by identifying the risk profile of the Bank and analyzing the information to better assess the risks identified and mitigate any gaps in control
Oversee the preparation, research and filing of SARs and CTRs.
This position will serve on the Compliance committee and the IT Steering Committee.
Assign and monitor annual BSA training and all other Compliance training to Board and Employees.
Meet and discuss with Examiners and Auditors regarding BSA program and compliance.
Review all projects for BSA and compliance related issues.
Responsible for monitoring effectiveness of Identity Theft Program and providing updates to Board of Directors.
This position is responsible for monitoring all bank regulations and create/change policies and/or procedures for new or updated regulations.
Will be responsible for monitoring/changes of all disclosures for compliance with Federal and State regulations. Reviews product and service disclosures and advertising materials for compliance with applicable rules
Develop and present new compliance training sessions on current and new regulations.
Oversee a staff of 5.
Conduct due diligence on new MSB applications, establish and direct ongoing monitoring activities for those MSBs based upon risk.
Compliance Officer Requirement
s:
7 to 10 years' experience in banking with 3 to 5 years compliance experience.
Strong computer skills: Advanced skill level in Microsoft Excel; Experience with Microsoft Word and PowerPoint. Experience with industry related systems/software.
Must have strong data analysis skills. Bachelor's degree , CRCM and or CAMS preferred.
Education:
Bachelor's (Preferred)
Experience:
Supervisory: 5 years (Preferred)
BSA: 7 years (Preferred)
High Risk Customer EDD: 5 years (Preferred)
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
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Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:

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