Compliance Officer II

First Interstate BancSystem•Billings, MT

4h•Remote

About The Position

The Compliance Officer II is responsible for testing transactions to ensure that the Bank maintains a high level of compliance with consumer protection laws and regulations, anti-discrimination laws and regulations, privacy requirements, and other related procedures across all lines of business. This position plans, conducts, and/or leads moderately complex compliance monitoring projects to identify risks, evaluate the effectiveness of internal controls, and assess compliance with policies, procedures, laws, and regulations. Additionally, this position completes and/or oversees the completion of monitoring projects, and present findings and recommendations for corrective actions to management.

Requirements

Ability to read, analyze, comprehend, and interpret governmental regulations, technical procedures, general business periodicals, or professional journals.
Ability to write business correspondence, training programs, and procedure manuals.
Ability to apply policies and procedures.
Ability to effectively present information in one-on-one or large group situations to employees of the organization.
Ability to effectively communicate with supervisor.
Ability to respond effectively to the most sensitive inquires or complaints.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.
Ability to review, analyze and resolve complex problems.
Ability to apply common sense understanding and make risk-based judgment decisions to carry out day-to-day tasks.
High School Diploma or General Education Degree (GED) required
Bachelor's Degree in a relevant area of study preferred
1-3 years compliance or quality assurance experience in banking required
Regular and Predictable Attendance - Required

Nice To Haves

CRCM - Certified Regulatory Compliance Manager preferred
CCBCO - Certified Community Bank Compliance Officer preferred

Responsibilities

Completes the required compliance training along with any other available training related to regulatory compliance.
Keeps abreast of significant changes and/or issues impacting the banking industry related to areas of risk and regulatory requirements.
Assists in the planning of monitoring projects.
Performs and or oversees transaction monitoring and policy and procedure reviews.
Performs and/or oversees the performance of monitoring projects to identify risks, evaluate the effectiveness of internal controls, and assess compliance with policies, procedures, laws, and regulations.
Establishes and maintains open communications with bank employees throughout the monitoring process regarding review of policies and procedures, monitoring review progress, and identification of potential findings and other concerns.
Prepares concise and well-organized working papers which accurately reflect the results of monitoring performed.
Reviews work prepared by other team members on assigned projects to ensure sound audit theory and compliance with department and professional standards.
Conducts exit meetings with department management to discuss monitoring findings and recommends corrective actions to mitigate risk and/or improve processes.
Supervises and directs other team members on assigned monitoring projects.