POSITION PURPOSE

The bank’s senior compliance officer researches, implements, and manages the areas of banking regulations and laws, banking policies and procedures, consumer protection, and public interest laws. In addition, this officer advises, oversees, and trains or consults on training needed for banking staff on compliance procedures.

EDUCATION AND WORK EXPERIENCE

• Bachelor’s degree in business administration, finance or a related field is preferred.
• 7-10 years of bank compliance experience at the management level preferred.
• Strong knowledge of Microsoft Office product suite.

SKILLS AND QUALIFICATIONS

• Works well with others. Consistently maintain a positive attitude and is a team player who is supportive of management and Bank policies.
• Demonstrates integrity by assuming responsibility for mistakes and failures. Demonstrates consistency between what is said and what is done. Behaves according to sound ethical and legal standards.
• Communicates in a straightforward and assertive fashion. Updates relevant people with timely fashion. Listens carefully to what others are saying. Respects and considers all opinion, even counter-opinions.
• Maintains composure in frustrating situations. Demonstrated flexibility in working with others. Adapts to and helps others adapt to change.
• Extensive knowledge of Federal and State consumer compliance and CRA/BSA/AML regulations. Experience in monitoring for compliance with these regulations is preferred.

ESSENTIAL JOB FUNCTIONS/RESPONSIBILITIES

• Monitoring/Collaboration: Monitors compliance-related workflows as assigned. Monitors a variety of general industry and compliance specific publications to stay informed about changes in compliance regulations. Collaborates in a leadership role with Bank department heads and designated bank employees within departments to assess and evaluate compliance risk.
• Training and Education: Conducts staff training of compliance-related topics. Assess training needs and assigning training to bank staff. Continually educates staff regarding compliance regulations related to their job duties. Responds to request for information about and interpretation of regulations. Acts as the central information resource for compliance matters, applicability of laws and regulations related to compliance, and distributor of relevant new and amended compliance regulations impacting the Bank’s activities.
• Reporting: Periodically reports to the Board of Directors and senior management on the development and effectiveness of the existing compliance program, compliance risk assessment annual reviews, and recommended compliance program changes. Accumulates information requested by regulatory authorities and in response to regulatory examinations. Conducts policy reviews and prepares policy revisions as needed. Interacts with Bank employees to prepare a semi-annual review of the Bank’s designated CRA assessment areas, identifies desirable or undesirable trends within or outside of the Bank’s assessment areas, and provides recommendations to address any concerns. Research and respond to consumer complaints and inquiries involving bank compliance addressed directly to the Bank or received indirectly through the Ombudsman’s office of the Bank’s primary regulator, the FDIC.

SCHEDULE/TRAVEL/STATUS

• Full-time/Exempt
• Moderate Travel Required
• In-Office/Hybrid Remote

BENEFITS:

• Competitive Compensation
• Comprehensive Healthcare
• 401K Retirement Plan
• Employee Stock Ownership Plan
• Life & AD&D Insurance
• Long Term Disability Plan
• Paid Time Off (PTO)
• Paid Holidays
• Paid Volunteer Hours
• Professional Development and Advancement Opportunities
• Employee Assistance Program

NOTICE:

This job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and other skills required for the position. Two Rivers reserves the right at any time with or without notice to alter or change job responsibilities, reassign or transfer job position or assign additional job responsibilities, subject to applicable law. Two Rivers shall provide reasonable accommodations of known disabilities to enable a qualified applicant or employee to apply for employment, perform the essential functions of the job, or enjoy the benefits and privileges of employment as required by the law.