Compliance Analyst

American Bank of Oklahoma hires individuals who are committed to building long lasting relationships by delivering high quality customer service to all of our customers and within our communities. In return American Bank of Oklahoma strives to offer a competitive and comprehensive benefit package.

Hours: Monday - Friday 8:00am to 5:00pm

Position Summary: The Compliance Analyst assists the Chief Compliance Officer (“CCO”) in all areas of Consumer Compliance, Fair Lending, Community Reinvestment Act (“CRA”), and Home Mortgage Disclosure Act (“HMDA”) programs of the Bank. The Compliance Analyst is knowledgeable about the regulatory requirements in assigned areas and can independently recognize and develop compliance solutions.

Essential Job Functions:

The Compliance Analyst assists the CCO in his/her responsibilities for daily oversight of the compliance program, including but not limited to:

• Research, conduct, and complete compliance and fair lending monitoring and analysis activities.
• Assist with conducting risk assessments.
• Assist in the establishment of effective controls to help mitigate compliance related risks and in the correction of identified weaknesses.
• Assist with tracking all compliance related monitoring, audit, or exam findings and recommendations until appropriately resolved.
• Assist the CO in managing the Bank’s Compliance Committee, including creating the agenda, taking minutes, reporting, and assembling meeting packages.
• Meet with business units to follow-up questions on reviews, risk assessments, regulatory examinations, and/or audits.
• Participate in the change management process by assisting in analyzing and interpreting new or changing regulations or processes. Determine the impact on the Bank. Identify potential gaps for escalation to the CCO.
• Assist in preparing and managing materials for reviews, regulatory examinations, and audits.
• Assist in developing, editing, and maintaining compliance policies and procedures or other reference resources or reporting.
• Act as the subject matter expert for business units regarding specifically assigned area(s) in compliance, fair lending, and/or CRA.
• Understand and comply with bank policy, laws, and regulations applicable to your job duties. This includes but is not limited to completing assigned compliance training and adherence to internal policies, procedures and controls.
• Report any known violations of compliance, fair lending, or CRA policy, laws, or regulations.
• Perform any other related responsibilities as required or assigned.
• Ensure that confidential information is safeguarded.
• Maintain high cooperation and rapport with all employees to ensure accurate and efficient operations and service.

Qualifications

Education Required:

· Minimum of 3 years in banking or lending experience.

• At least 1 year of consumer compliance experience in a financially regulated environment.
• Fair Lending program experience is preferred.
• CRA program experience is preferred.

Knowledge, Skills, and Abilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below represent the required knowledge, skill, and/or ability. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions.

• Must possess basic knowledge of consumer compliance regulations, guidelines, and laws, including ECOA, Fair Housing Act, Fair Lending, CRA, and HMDA requirements.
• Must have excellent research skills and the ability to understand regulations.
• Must have ability to demonstrate effective organization, critical thinking, and problem-solving skills.
• Must be able to appropriately prioritize tasks and be able to manage changing priorities.
• Must be detail-oriented.
• Must exhibit a strong commitment to ethics and be honest and trustworthy.
• Must be skilled at Microsoft Office, including Outlook, Word, and Excel.
• Must be dependable and have regular work attendance.

Physical Requirements and Working Conditions:

Sitting or standing for long periods of time, walking, finger dexterity, repetitive motions, talking, hearing and visual acuity. Professional office environment.

American Bank of Oklahoma is an Equal-Opportunity Employer who offers EEO to all persons without regard to race, color, religion, age marital or veterans status, sex, national origin, physical or mental disability or any other legally protected class.

This position reports directly to the Chief Compliance Officer.

Job Type: Full-time

Pay: $10.00 - $100.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Experience:

• Banking: 1 year (Preferred)
• Financial Compliance & Regulatory Occupations: 1 year (Preferred)

Work Location: In person