Compliance Specialist

Duties

• Work directly with the Regulatory Compliance Officer in providing subject matter expertise and guidance on state and federal compliance laws and regulations. Support Compliance officer on research requests and emerging issues.
• Receive direction from leaders and exercise independent judgment to build and maintain an advanced knowledge of laws, regulations, emerging risks, and the impact on policies, products, processes, systems, and internal controls.
• Maintain knowledge of the latest financial, technology, and banking product innovations and regulations as well as a comprehensive understanding of bank products, services, operations, and systems.
• Perform compliance audits and assist in preparing compliance reports with identified findings and recommendations. Track corrective action implementation.
• Collect, aggregate, and analyze data from sources across the Bank to proactively identify risks, determine root cause, and advise on potential remedial action plans.
• Assist in CRA monitoring, analysis, and reporting.
• Assist with compliance risk assessments; analyze and evaluate risks.
• Assist in the design and/or revision of policies, forms, disclosures, notices, products, web site, and marketing to ensure compliance with all applicable rules and regulations.
• Assist in training, supporting, and mentoring personnel on regulatory requirements and on the bank's compliance policies and procedures (in person or training alerts). Maintain training records and reports.
• Assist in the development and maintenance of compliance departmental procedures and operational procedures.
• With increasing levels of independence and professional judgment, identify deficiencies and recommend solutions to complex issues. Collaborate and consult with peers, colleagues, and managers to resolve issues, influence change, and achieve goals.
• Perform other activities assigned as deemed appropriate by Management.

Preferred Qualifications

• Bachelor's Degree.
• Prior experience in consumer financial industry compliance with comprehensive knowledge of federal and state lending regulations. CRCM is preferred but not required.
• Compliance reporting, data analytics/statistics, and compliance issue management experience is preferred.
• Demonstrated consulting and collaborative experience at all levels of the organization.
• Ability to prioritize work, manage multiple tasks concurrently, meet stringent deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
• Ability to conduct thorough research, interpret and understand laws and regulations, and provide practical recommendations and solutions. Must use critical thinking and have sharp attention to detail.
• Excellent written and verbal communication skills, with the ability to summarize observations and present in a clear, concise manner to peers and senior management
• High degree of integrity and strong work ethic. Discrete and prudent handling of confidential matters and information.
• Strong in Microsoft Office (Excel, PowerPoint, Word, etc.). Proficient in compliance management software.
• Ability to read, analyze and interpret financial reports, legal documents, governmental regulations, and professional publications.

Job Type: Full-time

Pay: From $36,400.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Health savings account
• Life insurance
• Paid time off

Schedule:

• 8 hour shift

Ability to commute/relocate:

• Henderson, TX 75652: Reliably commute or planning to relocate before starting work (Preferred)

Work Location: One location

Salary : $36,400