Compliance Specialist jobs in Toledo, OH

Description

SUMMARY

The Compliance Specialist will support the Bank’s compliance-related programs by providing assistance with key compliance matters such as HMDA, CRA, BSA, AML, and OFAC requirements; developing and conducting monitoring, analysis and testing to evaluate compliance with applicable laws and regulations; assisting with compliance training and development of compliance resources; and performing other duties that support the overall compliance functions.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Utilize sales training skills to provide outstanding customer service.
• Provide assistance with the CRA program by supporting data collection; conducting research and validation of qualifying activities and services; preparing information reporting; communicating the covered elements; and performing analysis.
• Provide assistance and support for the HMDA data collection and reporting process. This would include data validation; data analysis and information reporting; conducting training on the data requirements; and ensuring loan processes support accurate data collection.
• Provide assistance with activities relating to BSA/AML/OFAC compliance including: monitoring, investigation, and reporting. Provide support for Alert management by reviewing Alerts out of the BAM software and making decision for potential investigation of suspicious activity. Conduct quarterly reviews and analysis of High Risk Accounts. Serve as a back-up to the Bank Secrecy Officer in the Bank Secrecy Officer’s absence.
• Assist with review and revision of compliance policies procedures, and resources, and make recommendations where needed to strengthen overall compliance with laws and regulations.
• Provide assistance with development and implementation of compliance monitoring, self-testing processes, and compliance training for business lines and functional areas throughout the Bank.
• Assist with compliance questions and provide support regarding products and services, forms, disclosures, and solutions that facilitate compliance.
• Perform other duties as assigned that support the risk management functions of the department. Assist with special programs or projects as assigned by management.
• Comply and satisfactorily pass tests for bank policy and regulations that apply to position.

PERFORMANCE FACTORS:

To perform the job successfully, an individual should demonstrate the following competencies:

Sales:

Individual has a good understanding of the Bank’s products and services. Effectively matches customer’s need by referring and/or selling products and services to enhance the customer’s relationship consistent with the Bank’s Sales Culture.

Individual demonstrates a positive and helpful attitude toward customers (internal and external), understands their importance to F&M Bank and understands how his / her job affects customers; establishes and maintains good relationships through interactions or work completed; projects a positive and professional image of F&M Bank in appearance and mannerism.

Communication Skills:

Written: Individual writes clearly and concisely with little need for editing (includes spelling and grammar). Oral: Expresses self in speech as to be clearly and completely understood; adheres to the bank’s telephone standards; supports a favorable environment for open communication; addresses concerns or problems in an open non-defensive manner; conveys self-confidence and knowledge of subject in speaking to customers. Listens: Is attentive and transmits correct information to appropriate people; accepts constructive feedback.

Job Knowledge:

Individual possesses and demonstrates the technical ability to perform required duties, is practical in applying knowledge to assignments, and maintains expertise by keeping current with new developments and procedures.

Problem solving:

The ability to define and offer solutions to resolve problems. Uses knowledge of the organization to identify helpful resources.

Attention to Detail:

The level at which tasks are performed carefully, accurately, and in accordance with specific instructions. Consistency of work quality and compliance with standards, requirements, and expectations. The tracking of numerical data and detailed organizational information, and the careful application of grammar, spelling, and punctuation rules.

Ethics:

The level of trustworthiness, character, professionalism, confidentiality, and honesty in dealing with internal or external customers.

Requirements

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION and/or EXPERIENCE

Associates degree or equivalent from a two-year college (Bachelor’s Degree from four-year college or university desirable) plus three to four years of compliance-related experience; or a minimum of four (4) years of compliance-related experience and/or compliance training. Must have general knowledge of banking practices and acceptable lending practices as well as basic knowledge of general banking compliance laws and regulations, especially lending regulations.

LANGUAGE SKILLSAbility to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. Excellent verbal and written communication skills.

MATHEMATICAL SKILLSAbility to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITYAbility to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

CERTIFICATES, LICENSES, REGISTRATIONSCertified Regulatory Compliance Manager (CRCM) certification desirable, but not required. Valid Drivers License.

OTHER KNOWLEDGE AND/OR SKILLSGeneral knowledge of bank operations, lending and information technology. Previous experience with, and efficiency in using Microsoft applications, such as Word and Excel. Has good organization skills, is computer literate, has good communication skills, is observant and able to document procedures, looks for ways to improve processes and minimize duplicate work and is detail oriented.

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; to reach with hands and arms; and to talk or hear. The employee is frequently required to sit; and to climb or balance. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25-50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus. Ability to use computer for long periods of time and there will be heavy telephone use. This person may also be required to work at other banking centers.

This person will have the ability to:

• Work Monday – Friday, generally and an occasional Saturday with a day off and / or occasional extended hours as needed to accommodate the flow of business.
• Work on a holiday and be provided another day off throughout the year.
• Maintain a professional appearance and manner
• Work independently and as part of a team