Regulatory Compliance Specialist II

First Internet Bank • Fishers, IN

9d • Onsite

About The Position

As the Regulatory Compliance Specialist II, you will coordinate and execute risk-based regulatory compliance monitoring reviews and advisory support across all lines of business including Fintech Partnership in order to evaluate and ensure appropriate compliance with all applicable federal and state banking laws and regulations. Your position will be critical to maintain appropriate compliance risk tolerances within the organization and in testing controls in place to mitigate identified risks.

Requirements

• A minimum of five years of Bank or Credit Union experience with at least three years in a compliance responsible role with exposure to multiple regulations
• Experience in analyzing data and summarizing conclusions
• In-depth experience with multiple banking regulations required.
• Highly proficient in MS Excel required.
• Experience with researching complex issues and developing solutions
• Ability to organize, direct, and perform highly complex analysis and tasks.
• Experience with interpreting complex laws and regulations.
• Research and analytical skills
• Great attention to detail
• Problem solving skills
• Ability to organize, direct, and perform highly complex analysis and tasks.
• Strong communication skills, both verbal and written.
• Works well independently by taking initiative.
• Capable of handling multiple, simultaneous requests.
• Ability to interact with employees at all levels of the organization

Nice To Haves

• CRCM or other bank regulatory compliance certification preferred
• Familiarity with Risk Exec, Core processing systems and/or DNA preferred. Or other core and/or data processing systems
• Experience with Tableau and/or Jira or other reporting/ticketing systems

Responsibilities

• Coordinate, implement, and execute risk-based regulatory compliance monitoring reviews across the organization in accordance with the Bank's Compliance Management Program
• Develop and enhance monitoring and testing programs based on regulatory and strategy expectations
• Perform compliance reviews for regulatory compliance and provide written documentation of outcomes
• Responsible for maintaining Issues management trackers
• Assist in Risk Assessments and control identifications
• Assist in alignment of testing schedule to risk assessment outcomes
• Identify and troubleshoot gaps in processes with Fintech partners
• Assist in Fair Lending Reviews and testing
• Assist in CRA, HDMA, and Dodd-Frank Rule 1071 reporting reviews/validations for annual filing
• Perform compliance reviews for marketing and promotional materials
• Provide guidance and support for day-to-day compliance related issues
• Participates in various compliance-related committees, audits and examinations
• Develop and manage strong working relationships with business units
• Assist in keeping the Bank current with the regulatory environment and expectations through research and discussions with peers, seminars, webinars, roundtables, law firms, bankers’ associations, etc.
• Develop and assist in implementation of new regulations and identification of necessary controls
• Analyze and implement changes and enhancements to the assigned programs based on new and changed regulations, guidance, enforcement actions and industry trends
• Assist in developing reports for senior management to include Key Risk Indicators (KRIs)
• Perform other duties as assigned

Benefits

• Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
• 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
• Professional Development Reimbursement
• At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
• Eleven Paid Holidays
• Paid Volunteer Time
• Annual First Internet Bank-branded merchandise allowance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed