Banking Compliance/BSA Associate

Seres Smith Consulting • Tulsa, OK

6d • Onsite

About The Position

This role provides regulatory and control guidance regarding business practices, key decisions, policies, processes, and standards. The Associate will assess operational breakdowns for compliance risk and provide guidance on remediation/recovery plans. They will perform risk-based reviews of business line control design and execution effectiveness, identifying and guiding on risks or gaps. The position requires utilizing firm's review procedures, including tools/templates, and staying updated on regulatory issues, developments, changes, and industry emerging trends. The Associate will compare practices with regulatory and internal requirements to identify variances, discuss and validate findings with management, and prepare/present conclusions and recommendations. Other duties as assigned.

Requirements

• Bachelor's Degree in Business, Finance, or equivalent field or equivalent work experience.
• Master's Degree in Business, Finance, or equivalent field.
• Two (2) plus years banking or legal compliance experience preferred in a financial institution.
• Knowledge of bank administration, lending and operations products and services; related state and federal laws and regulations, and other bank operational policies and procedures.
• Experience, knowledge and training in all operational and lending activities and terminology.
• Good oral and written communication skills.
• Proven ability to effectively train and instruct others in a formal classroom or one-on-one environment.
• Ability to read, analyze and interpret government regulations, periodicals, professional journals, and technical procedures.
• Ability to perform compliance reviews with appropriate documentation to support review.
• Attention to detail.
• Ability to work with all business lines, and be able to work independently and in a team environment.
• Excellent organizational and prioritizing skills.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Strong computer skills including Microsoft Office.

Responsibilities

• Provide regulatory and control guidance regarding business practices, key decisions, policies, processes, and standards.
• Assess operational breakdowns for compliance risk and provide guidance on remediation/recovery plans.
• Perform risk-based reviews of business line control design and execution effectiveness and provide guidance on identified risks or gaps.
• Utilize firm's review procedures, including tools/templates necessary to complete reviews (i.e. review check list, official report of review, etc.).
• Stay abreast of regulatory issues, developments, changes, and industry emerging trends.
• Compare practice with regulatory and internal requirements to identify variances.
• Discuss and validate findings with management.
• Prepare and present conclusions and recommendations to management.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level