Compliance Specialist

Iowa State Bank•Orange City, IA

1d•Onsite

About The Position

The Compliance Specialist collaborates across departments to help identify compliance risks, support corrective actions, and promote a culture of compliance throughout the organization. Responsible for assisting the Compliance Officer with compliance monitoring, reporting, testing, and internal reviews to help ensure adherence to applicable banking laws, regulations, and bank policies. Provides secondary support and backup assistance for selected BSA functions as assigned.

Requirements

Assisting the Compliance Officer with compliance monitoring, reporting, testing, and internal reviews.
Ensuring adherence to applicable banking laws, regulations, and bank policies.
Providing secondary support and backup assistance for selected BSA functions.
Implementing regulatory policies, procedures, and quality control.
Researching and addressing compliance and BSA-related questions, issues, and resolutions.
Distributing information, scheduling, and preparing minutes from monthly committee meetings.
Coordinating audit materials for third-party audits and/or exams.
Conducting targeted compliance, loan, deposit, and BSA reviews.
Preparing initial observations and reports for management review.
Supporting the BSA Officer as a backup for daily functions.
Protecting confidential information and ensuring sensitive information is handled appropriately.
Maintaining a reliable on-site work schedule and reporting to work as assigned.

Nice To Haves

Experience and expertise in Complaint Program, Community Reinvestment Act (CRA) Program, FACT Act/Identity Theft Program and other compliance initiatives.
Participation in outside civic activities that enhance the bank, personal growth, and the community.
Exceptional internal and external customer service.

Responsibilities

Work with Compliance Officer and BSA Officer to implement regulatory policies, procedures, and quality control to ensure compliance with applicable banking regulations and/or regulatory requirements including federal and/or state regulations as applicable.
Occasional regulatory training for staff with respect to job-related functions or as a response to audit findings.
Assist the Compliance Officer and BSA Officer in researching and addressing compliance and BSA-related questions, issues, and resolutions.
Assist with distributing information, scheduling, preparing minutes from monthly committee meetings.
Assist in coordinating audit materials for third-party audits and/or exams.
Attend internal and external meetings or conferences as needed.
Travel to other branches as needed to conduct training and/or ensure standardization process between branches.
Conduct targeted compliance, loan, deposit, and BSA reviews as assigned and prepare initial observations and reports for management review.
Support the BSA Officer as a backup for daily functions.
Additional compliance program responsibilities may be assigned as experience and expertise develop, including support or coordination of the Complaint Program, Community Reinvestment Act (CRA) Program, FACT Act/Identity Theft Program and other compliance initiatives.
As a part of the overall team of bank employees, this position may be requested to assist in the support of other bank activities.
Participate in outside civic activities that enhance the bank, personal growth, and the community.
Actively upholds Iowa State Bank’s visions, mission and values, encompassing mutual respect, honoring commitments, working with integrity and accepting responsibility for own actions.
Has a strong commitment and dedication to exceptional internal and external customer service.
Diligently protect confidential information and assist the Bank in ensuring that all confidential and sensitive information is handled appropriately.
Regular attendance and punctuality are critical to providing excellent customer service, supporting team operations, and ensuring business continuity. Employees are expected to maintain a reliable on-site work schedule and report to work as assigned.