Compliance Officer & Internal Audit

UNION Savings BANK•Freeport, IL

3d•$60,000 - $75,000

About The Position

Performs developing, implementing and maintaining the bank’s operational, financial, regulatory compliance, and audits; conducts risk assessments, compliance testing and audits to mitigate risks, through day-to-day business operations at all branches. Ideal candidate brings strong regulatory knowledge, practical judgement and a collaborate mindset.

Requirements

Bachelor’s degree (B.A./B.S.) in related field or equivalent
Strong working knowledge of banking regulations and compliance regulations
Two to four years related experience or equivalent
Commitment to excellence and high standards
Excellent written and oral communication skills
Excellent presentation skills
Ability to work with all levels of management
Strong organizational, problem-solving, and analytical skills, acute attention to detail and strong interpersonal skills
Ability to manage priorities and workflow
Demonstrated ability to plan and organize projects
Ability to work independently and as a member of various teams and committees
Ability to work on complex projects with general direction and minimal guidance.

Responsibilities

Analyzes and tests internal controls, business processes and systems, operations and financial reports, and compliance with corporate policies and procedures.
Identifies business objectives and risk factors; develops or updates audit programs.
Maintains and develops corporate policies and procedures; utilizes standard business and audit computer software tools for planning, analysis, communication, presentation, and documentation.
Communicates audit objectives and results with employees at all levels; summarizes audit findings and prepares audit reports.
Makes recommendations for improvements in controls and procedures; supports business process improvement and re-engineering efforts.
Maintains adequate knowledge of accounting and auditing standards, information technology, and regulatory compliance to ensure work is performed efficiently and effectively.
Provides practical guidance and training across the organization.
Work with department leaders on process improvements and implementation of controls.
Assists in special audit projects as assigned.
Performs other related duties as assigned by management.