Compliance Officer Jobs

About The Position

Requirements

• Bachelor’s degree and five years of bank-related experience, or high school education/GED and eight years of bank-related experience in lieu of a bachelor’s degree.
• Database program experience.
• Communication proficiency.
• Strong computer skills.
• Analytical skills.
• Deadline-oriented approach.
• Organizational skills.
• Independent judgment.
• Ethical conduct.

Nice To Haves

• Banking experience in Compliance, Audit, or Operations.

Responsibilities

• Oversee the institution’s CRA program in accordance with applicable FDIC and Federal Reserve regulations.
• Monitor and evaluate CRA performance across lending, investment, and service tests.
• Maintain and update the CRA Public File and annually delineate and review facility-based and retail lending assessment areas.
• Coordinate community development lending, investment, and service activities, and track and document those activities and their impact indicators.
• Prepare for and manage CRA examinations, monitor CRA ratings, and ensure corrective action plans are in place for specified adverse findings.
• Collect and report annual facility-based and retail lending assessment area data to the appropriate regulator by April 1.
• Oversee HMDA compliance, including accurate and timely collection, recording, and reporting of the Loan Application Register (LAR).
• Certify and submit the annual LAR by March 1 and, when applicable, ensure quarterly LAR submissions within 60 calendar days after each quarter-end.
• Maintain LAR records for at least three years following submission and ensure required data fields are accurately captured.
• Conduct periodic HMDA data-integrity reviews and self-assessments, and coordinate with mortgage lending staff on data collection at the point of application.
• Develop and maintain a fair lending compliance program; monitor lending patterns and conduct periodic fair lending risk assessments and file reviews.
• Analyze HMDA data for potential disparate impact or disparate treatment concerns and coordinate findings and remediation with legal counsel and senior management.
• Develop, implement, and maintain written compliance policies and procedures.
• Conduct and coordinate compliance training for applicable staff.
• Perform compliance monitoring and testing across consumer protection regulations.
• Prepare and present compliance reports to senior management and the Board of Directors.
• Manage regulatory examination preparation and responses.
• Track regulatory changes and assess their impact on institution operations and policies.
• Serve as the primary point of contact for regulatory agencies on CRA and HMDA matters.