Compliance Officer I - Testing

Bank OZK•Little Rock, AR

8h•Onsite

About The Position

Founded on a legacy of more than 120 years in banking, Bank OZK is nationally recognized as an industry leader in financial services. They combine exceptional service with innovative technologies to deliver smart solutions to clients across the country, investing in small businesses, fueling local economies, and changing skylines in major cities. Bank OZK focuses on fostering careers and provides a comprehensive benefits package to support team members' physical, mental, and financial wellbeing. The Compliance Officer I - Testing performs testing activities to develop independent conclusions regarding the effectiveness of the control environment and prepares workpapers and summary reporting for Compliance leadership that support these conclusions.

Requirements

Knowledge of banking regulations related to consumer protection and disclosure.
Ability to demonstrate effective organization, critical thinking, and problem-solving skills.
Ability to demonstrate effective research and analytical skills.
Ability to demonstrate initiative to accomplish work objectives.
Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
Ability to work without close supervision.
Ability to communicate effectively both verbally and in writing.
Ability to read, analyze, and interpret government regulations, trade journals, and legal documents.
Ability to work effectively in a team environment.
Ability to demonstrate effective use of specialized software.
Ability to participate in continuing education to maintain and/or enhance job performance.
Ability to travel on company business on a very limited basis.
Ability to work all hours as required.
Skill in using computer and Microsoft Office, including Outlook, Word, Excel and PowerPoint.
Bachelor degree or commensurate work experience.
Minimum of two (2) years of work experience in the field of bank compliance or bank compliance audit or examination.

Responsibilities

Performs testing activities to develop independent conclusions regarding effectiveness of control environment; prepares workpapers and summary reporting for Compliance leadership that support control effectiveness conclusions.
Serves as a compliance subject matter expert and ensures Bank compliance with current laws and regulations.
Maintains and demonstrates current knowledge of applicable state and federal laws and regulations, including, but not limited to: deposit products, advertising, privacy, website compliance, mortgage lending, consumer lending, collections, and mortgage servicing.
Collaborates with the compliance team and other Bank departments on program-wide compliance initiatives.
Develops productive relationships with business unit personnel and leadership to enable complete and accurate understanding of the operating environment.
Develops subject matter expertise of one or more Bank processes and/or systems to ensure the ability to understand and form opinions regarding the effectiveness of the control environment in complying with various statutes and recommendations that apply to Bank activities.
Performs duties assigned by Compliance Program Leadership.
Regularly exercises discretion and judgement in the performance of essential job functions.
Maintains good punctuality and attendance to work.
Follows Bank policy, procedures and guidelines.