Compliance Officer

Compliance Officer

Company Information:

Bell’s Values:

As stewards, dedicated to the growth and reputation of this independently owned organization, we are committed to:

• Promoting and sustaining our family atmosphere.
• Providing unequaled personal service to each and every customer.
• “Paying it forward” by giving back to the communities we serve.

Our Bottom Line:

Happy Employees! Happy Customers!

Job Summary:

This position performs periodic audits to assess the bank’s level of compliance with various regulations and assists the bank’s Compliance Manager with maintaining regulatory documentation.

Primary Duties:

• Maintain an awareness of changes in federal and state rules and regulations.
• Conduct periodic audits of various regulatory areas, for example, Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), Flood Insurance, Fair Lending, Electronic Fund Transfer Act, TILA-RESPA Integrated Disclosures, Truth in Savings Act, etc., and prepare written findings to be included in reports which are provided to management.
• Assess audit processes looking for ways to enhance compliance reviews.
• Assist in the review of marketing, including promotional arrangements, website advertising, written advertisements, social media advertising, radio/TV ads, etc., to ensure compliance with advertising regulations.
• Periodically review loan officer websites and social media on a sample basis to ensure compliance with regulatory requirements and Bank policy. Ensure all websites found have been approved.
• Assist in updating the main bank and branch CRA public files as necessary.
• Serve as a resource for staff questions regarding compliance or regulatory issues.
• Attend meetings/training classes to develop and maintain knowledge of each area of the bank.
• Maintain detailed knowledge of Bell Bank’s products and services.
• Occasional overnight travel may be required.
• Know, understand, and live the company values and bottom line.
• Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable State and Federal laws and regulations.
• All employees are responsible for information security including compliance with policies and standards which protect sensitive information.
• Perform other duties as assigned by the Compliance Manager or by Bank management.

Job Skills Required:

• B.A. in accounting, finance, or business related field; alternatively, bank-related job experience will be considered (minimum two years).
• Basic knowledge of lending and deposit banking regulations, disclosures and documentation helpful (or willingness to learn).
• Ability to read, comprehend, and conduct research on banking regulations to provide understanding, interpretations, or clarifications.
• Ability to show initiative and to learn quickly to keep pace with changing regulatory environment.
• Strong degree of organizational and time management skills to work independently in an efficient manner.
• Ability to be flexible, work with interruptions, and changing priorities in a productive manner.
• Strong verbal and written communication skills.
• Detail oriented and able to prioritize and complete tasks to meet deadlines.
• Ability to work well in a collaborative, cohesive, and cooperative team environment.
• Ability to analyze information to identify inconsistencies, test solutions to problems, and formulate solutions.
• Strong analytical thinking, decision making, and effective problem solving skills.
• Due to the nature of the compliance function, must maintain a high level of confidentiality at all times.

Location:

• Fargo, ND or Bloomington, MN