Compliance Officer

SOUTHERN BANK•Poplar Bluff, MO

11d

About The Position

The Compliance Officer develops, administers, and monitors programs for compliance with laws, regulations, and rules governing the Bank’s operations and product offerings. The role informs and educates appropriate personnel about compliance responsibilities and keeps Senior Management and the Board of Directors continuously informed about the Bank’s compliance activities and related risk exposure. The position safeguards the confidentiality of customers’ non-public personal information and helps secure information systems in accordance with banking regulations. It researches banking laws and regulations, reviews policies and procedures, coordinates with affected departments and managers, plans and monitors risk-based compliance audits, reports findings, chairs the Compliance Committee, identifies training and monitoring needs, supervises Compliance Analysts, and serves as liaison to Federal and State compliance examiners. The job location varies according to availability in Arkansas, Illinois, Kansas, or Missouri; headquarters is in Missouri. The role calls for collaboration, adaptability, professionalism in stressful situations, and leadership in aligning others’ performance with work objectives.

Requirements

Strong analytical skills.
Strong written and verbal communication skills.
Proficiency in Microsoft Office products.
Minimum of 5 years of bank compliance and/or audit experience.

Nice To Haves

Bachelor’s degree preferred.
Previous compliance or auditing experience preferred.
Broad knowledge of various aspects of banking is beneficial.

Responsibilities

Research federal and state banking laws and regulations, review the Bank’s policies and procedures, and ensure compliance with applicable requirements.
Consult with bank departments and managers affected by compliance issues and regulatory requirements.
Develop an annual risk-based audit schedule that gives appropriate attention to areas with the greatest potential risk.
Schedule ongoing monitoring of compliance activities and report findings to department managers and the Compliance Committee.
Chair the Compliance Committee.
Identify areas or issues requiring additional monitoring or training and assist with training where needed.
Maintain a cohesive and collaborative environment by sharing ideas and assisting peers.
Handle change and stressful situations with a professional demeanor.
Supervise the work of Compliance Analysts.
Act as liaison for the Bank with Federal and State compliance examiners.
Ensure the confidentiality of customer non-public personal information and secure information systems to comply with bank regulations.
Keep Senior Management and the Board of Directors informed about compliance activities and related risk exposure.