Compliance Systems Analyst

FARMERS BANK & TRUST COMPANY OF MAGNOLIA • Texarkana, TX

23h • Onsite

About The Position

The Compliance Systems Analyst is responsible for assisting with the monitoring and updating of the Bank's compliance program to ensure that all departments and branches comply with laws and regulations as related to consumer and commercial lending.

Requirements

• Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four-year college degree.
• 12 to 18 months related experience and/or training.
• 1 to 6 months related management experience.

Responsibilities

• Stay abreast of pertinent laws and regulations related to lending compliance to ensure the Bank complies with these. This will be done by reading banking newsletters and periodicals, and attending schools, seminars and other training methods.
• Review consumer and commercial deposit and lending related documents, forms, and procedures for compliance with regulations.
• Perform scheduled and periodic compliance reviews of activities, departments and branches for the purpose of evaluating adherence to current state and federal regulations for deposit operations and lending compliance. This would include reviewing commercial and consumer loans originated and serviced by the Bank, evaluating loan portfolio documentation, determining effectiveness of internal controls, reviewing consumer and commercial denials to ensure all applicable regulatory requirements are met, preparing written reports and reporting the findings.
• Enter small business and small farm loan data into the Bank's software ensuring data integrity for annual CRA data submissions.
• Help manage the Bank's Community Reinvestment Act software and accurately enter the Bank's CRA information related to service hours, donations, investments, organizations, and other categories.
• Assist in other compliance areas, as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level