Compliance Officer

Community State Bank•Union Grove, WI

About The Position

Community State Bank is hiring a Compliance Officer to manage the Bank’s compliance programs, including policies, procedures, systems monitoring, technology-based controls, training, and compliance monitoring and testing. The role helps ensure the Bank’s compliance programs are appropriate for a similarly sized bank and aligned with federal and state regulatory expectations. The Compliance Officer supports compliance and enterprise risk assessment, regulatory exams and audits, and the Bank’s CRA and HMDA programs. The position collaborates across departments to maintain accurate regulatory data and processes, prepares information for the Board of Directors, participates in committees, and assists with projects to improve procedures and systems.

Requirements

Bachelor’s degree in a related field or equivalent work experience.
Five years of progressive experience in banking compliance or regulatory roles.
Full knowledge of applicable laws and regulations affecting consumer and commercial compliance, BSA/AML, and OFAC.
Excellent communication and interpersonal skills.
Detail-oriented, dependable, and able to multitask.
Ability to communicate effectively with all levels within the Bank and with outside agencies.
Ability to research regulations and implement applicable changes.
Proficiency in the MS Office suite.
Ability to communicate effectively, orally and in writing, with various levels of staff and outside contacts.
Ongoing compliance-related education is required.

Nice To Haves

CRCM, CAMS, or similar certification.

Responsibilities

Provide leadership in enhancing and maintaining compliance programs in line with peer-bank practices and federal and state regulatory expectations.
Develop and maintain compliance training, staff-development training, and other assigned ongoing education.
Assist with assessing and monitoring compliance and enterprise risks related to the Bank’s activities, operations, products, and services.
Assist in managing compliance and risk assessment programs, including policies, procedures, training, and testing for areas such as Flood, CRA, HMDA, Fair Lending, and identity theft.
Collaborate with bank departments to gather information for audits and examinations, and review responses to regulatory exams, audits, investigations, and information requests.
Develop and update the CRA plan and monitor compliance with it.
Coordinate bank-wide CRA and HMDA compliance and work with departments on automated processes for gathering and validating CRA and HMDA data.
Ensure the integrity of CRA and HMDA data for regulatory filing, including reviewing sample loan files and establishing validity and edit checks.
Prepare reports and information for the Board of Directors as needed.
Participate as an integral member of the audit compliance committee.
Participate in committees and provide compliance support as needed.
Assist with special projects, including improving the efficiency of bank procedures and systems such as account opening and Universal Banker procedures.