Compliance Officer – Compliance Assurance - Midvale

Zions Bancorporation•Midvale, UT

4d•Onsite

About The Position

Zions Bancorporation is seeking a Compliance Officer to join the Compliance Assurance Program (CAP) team within Compliance Risk Management (CRM). The CAP department is a second line of defense function that performs independent and objective reviews of business processes, functions, and departments to determine the effectiveness of internal controls in managing compliance risks. In this entry-level role, the Compliance Officer will assist in the planning and execution of compliance testing engagements under the guidance of the Compliance Manager. You will be responsible for gathering and analyzing documentation, executing control testing scripts, assisting in the evaluation of control effectiveness, and helping to identify areas for continuous improvement within our compliance program. Your attention to detail, analytical skills, and dedication to learning will be vital in supporting our institution’s reputation for integrity and regulatory excellence.

Requirements

Requires an associate’s degree in business, finance, accounting or a related field or equivalent working experience in banking/financial services regulatory compliance, risk management, audit, or other directly related banking operations experience. A combination of education and experience may meet requirements.
Basic knowledge of banking/financial regulatory compliance, compliance testing, auditing, financial principles, and regulatory issues.
Working knowledge of federal and state compliance laws and regulations.
Proficient customer service and communication skills, both verbal and written.
Effective research, project management, organizational, analytical and problem resolution skills.
Proven ability to work independently and meet strict deadlines.
Working knowledge of Microsoft applications (Access, Excel, Word and PowerPoint).

Nice To Haves

2+ years in banking/financial services regulatory compliance, auditing or other directly related experience is preferred.

Responsibilities

Assist in planning and scoping small, noncomplex compliance reviews of business processes in accordance with established guidelines.
Conduct fieldwork activities such as testing controls, gathering documentation, and performing walkthroughs to evaluate compliance with internal policies and regulatory requirements.
Analyze transactional data and business activities to identify compliance risks, issues, and potential areas for improvement.
Perform root cause analysis to determine the underlying factors contributing to compliance deficiencies or process gaps.
Draft clear and concise audit reports summarizing findings, recommendations, and required corrective actions.
Monitor and track remediation efforts by business units to ensure timely resolution of identified issues.
Communicate audit objectives, progress, and results with various stakeholders including business process owners, management, and compliance teams.
Maintain accurate and organized audit workpapers and documentation to support findings and conclusions.
Stay informed of relevant compliance regulations, company policies, and best practices to support audit work.
Participate in team meetings, training sessions, and ongoing professional development activities as required.
Other duties as assigned.

Benefits

Medical, Dental and Vision Insurance - START DAY ONE!
Life and Disability Insurance
Paid Parental Leave and Adoption Assistance
Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
Paid Training
20 days of Paid Time Off (PTO)
11 Paid Federal Holidays
401(k) plan with company match
Profit Sharing
competitive compensation in line with work experience
Mental health benefits including coaching and therapy sessions
Tuition Reimbursement for qualifying employees
Employee Ambassador preferred banking products
Employees may, at the company’s discretion, be eligible to receive a cash bonus award