Compliance Officer II- Assurance

Coastal Community Bank • Everett, WA

330d • $98,408 - $123,010 • Remote

About The Position

Coastal Community Bank is a leader in Banking with strong Financial infrastructure leading Banking as a Service (BaaS) and Fintech strategies. The people at Coastal not only help people with their personal banking; they help businesses with banking technology integration that leads to business growth, flexible financing, and unimagined potential. We think and work like entrepreneurs, always moving and constantly improving. We are go-getters, work hard, and play hard. If you're someone who thrives on innovation, wants to help others succeed, knows how to think outside the box, and believes that we're all in this together -- you belong here.

Requirements

• 5+ years combined experience in Bank Regulatory Compliance, Audit, or Risk Management.
• 1+ years of experience conducting compliance testing and/or monitoring.
• Experience across fintech and traditional financial institutions.
• Proven expertise with consumer protection regulations and laws.
• Experience in both lending and deposits regulations required.
• Expertise in analyzing data for trends and using software applications to conduct compliance monitoring required.
• Ability to read, analyze and interpret governmental laws, regulations, and regulatory guidance.
• Strong investigative, problem-solving, and critical thinking skills.
• Ability to perform multiple tasks and priorities to meet deadlines.
• Strong verbal and written communication skills.
• Proficiency with standard computer applications including Windows Office suite.

Nice To Haves

• CRCM certification or completion of specialized training in compliance (e.g., ABA Graduate School of Compliance Risk Management).

Responsibilities

• Ensures a strong, enterprise-wide compliance culture by assisting in the development and maintenance of assurance program infrastructure.
• Responsible for executing risk-based compliance monitoring and testing activities under the direction of the Compliance Assurance Manager.
• Performs various and more complex monitoring and testing activities with minimal supervision.
• Documents monitoring and testing activities accurately, thoroughly, and according to department standards.
• Prepares effective communication reporting to summarize findings, including root cause analysis.
• Verifies the implementation of remediation plans submitted by issue owners.
• Performs follow-up for the completion of action plans for issues identified in monitoring or testing activities.
• Identifies opportunities to use data analytics and statistical analyses to create automated testing of control activities.
• Performs complaint data analysis and evaluation to identify trends, compliance gaps and potential compliance risk exposure.
• Uses social media listening tools and AI driven software to conduct marketing compliance monitoring.
• Maintains proficient knowledge of the rules and regulations.
• Builds and maintains strong relationships with key stakeholders and team members.
• Assists with the completion of the annual compliance risk assessment.

Benefits

• Full-time employment
• Remote work opportunity
• Competitive salary range of $98,408 - $123,010 annually

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree