Compliance Specialist III

First Guaranty Bank•Hammond, LA

About The Position

This position is responsible for administering the Bank’s loan and deposit compliance programs. The Compliance Specialist III reports to, and will assist, the Chief BSA/Compliance Officer in assuring that Bank policies, procedures, forms, and disclosures comply with all federal and state laws, rules, and regulations.

Requirements

Minimum of 15 years of experience in the banking industry with at least 10 in regulatory compliance.
Proficiency in Microsoft Word, Excel, Outlook, and PowerPoint.
Strong communication skills, both written and verbal.
Strong organizational skills.
Ability to prioritize and multi-task in a highly visible, fast paced, ever-changing environment.
Ability to handle confidential matters and information.
Ability to work with all levels of management.

Responsibilities

Participate in coordinating the Bank’s Community Reinvestment Act program which includes:
Oversee CRA data monitoring and geocoding to identify loan and application penetration in assessment areas;
Identifying low to moderate income census tracts where penetration is deficient and coordinate outreach programs with Senior Lenders;
Reviewing investment portfolio and make purchase recommendations to CFO for CRA eligible products;
Documenting all community service activities performed by the Bank and its employees, officers and directors;
Maintaining CRA Public File/Branch Files.
Participate in scrub of HMDA records for annual HMDA submission.
Participate in audit and monitoring of adverse action letters (credit and product denials) for compliance.
Assist in the Bank’s Fair Lending Program which includes, but is not limited to, review and analysis of consumer loan pricing practices and rate deviation practices.
Attend and participate in all Compliance Committees.
Help coordinate external audits/examinations with third party consultants and regulatory authorities.
Participate in internal audits and monitoring functions as dictated by the Compliance Officer.
Participate in review of deposit operations for compliance with Regulation CC, Regulation E, and Regulation DD and internal bank policy and procedures.
Act as liaison between branch personnel and compliance department.
Participate in scheduling and providing necessary compliance training for staff and maintain bank wide compliance training file.
Be a reliable and knowledgeable resource to bank employees and customers.
Be a resource for elevating knowledge of subordinates in Compliance Department.
Provide guidance to subordinates in Compliance Department.
Represent the Compliance Department in the absence of the Compliance Officer.
Proactively contribute, as a member of the Compliance Department, by drawing on training, experience and knowledge to ensure department is addressing new compliance regulations and requirements, identifying existing issues, avoiding new issues.
Proactively contribute, as a member of the Compliance Department, in developing tools and training aids to simplify compliance of bank employees.
Proactively contribute, as a member in the Compliance Department, by ensuring the bank is maintaining an effective and dynamic compliance program.
Perform any other duties or tasks assigned by the Compliance Officer.
Adhere to BSA/AML policy and all other bank policies.