Company

Liberty Bank For SavingsSee more

addressAddressChicago, IL
type Form of workFull-time
salary Salary$55.8K - $70.6K a year
CategoryEngineering/Architecture/scientific

Job description

Liberty Bank for Savings

Compliance Analyst - ON SITE

Come join a solid, stable, and award-winning community bank which has served the Chicagoland area for over 125 years! Winner of a BBB Torch Award for Ethics and recipient of a perfect 5-star rating from BauerFinancial for more than 34 years in a row, Liberty Bank for Savings is proud of our long and steady track record of doing right by our customers.

Liberty Bank is currently seeking highly motivated, detail-oriented, and well-organized candidates for our Compliance Analyst position, which is based out of our Main Office in the Logan Square area of Chicago. The ideal candidate MUST have previous Bank /Credit Union Compliance experience. This exempt-level role is responsible for overseeing the consumer compliance functions (laws and regulations) as they apply to the Bank. This will involve ensuring the Bank complies with regulatory requirements and applicable policies, procedures, and practices, and collaborating in the identification, measurement and monitoring of compliance risks within the Bank. May also assist with developing, implementing and administering aspects of the Bank Secrecy, Anti-Money Laundering and Customer Identification Program, as needed.

Key job duties and responsibilities include the following:

· Research federal and state banking laws and regulations, to stay updated with changes and to assist with answering questions that arise.

· Review the bank’s policies and procedures to ensure overall compliance.

· Advise management and employees of emerging compliance issues and risks.

· Assist with updating or creating various Programs, Policies, Procedures and Risk Assessments to develop controls to mitigate those risks for the various banking areas.

· Create and help maintain Internal Compliance Reviews for significant processes, procedures, and applications within the operating areas of the bank.

· Assist with conducting Internal Monitoring Reviews on a scheduled basis and report the results to the responsible department head and Executive Management.

· Assist with creating and facilitating various Trainings for bank staff on various banking regulations, including Retail, Lending, BSA, and CRA & Fair Lending topics.

· Assist with maintaining a Bank Secrecy, Anti-Money Laundering and Customer Identification Program, policies, and risk assessment as needed.

· Assist when needed with the BSA-AML activities including reviewing and completing of CTRs, Alerts, Cases, and SARs, and review and testing of customer data and documentation.

· Test and analyze data and processes to ensure overall compliance and accuracy.

· Serve as a Core Member on the Compliance Committee, CRA/Fair Lending Committee and Suspicious Activity Evaluation Committee.

· Schedule meetings with departmental supervisors, as necessary to provide information on compliance changes that affect them.

Assist with scheduling compliance audits of the Bank and providing results to Executive Management and the Board of Directors.

Review advertising copy for accuracy and adherence to regulatory requirements.

· Coordinate or assist with the preparation for appropriate examinations by the regulatory agencies.

· Review documents related customer complaints and inquiries.

Education and Experience

· Bachelor’s degree preferably in business, finance, or other related area.

· 3-7 years of experience in a compliance-related position within the banking industry; prior supervisory experience a plus.

· Solid knowledge of regulatory requirements within the banking industry.

Skills and Abilities:

· Extensive ability to read, analyze and interpret government regulations, trade journals and legal documents. Must be able to respond to common inquiries from regulatory agencies, outside consultants and bank.

· Ability to comprehend and respond appropriately to both oral and written communications and/or directions.

· Strong reasoning and critical thinking skills.

· Strong verbal, written and interpersonal relationship skills.

· Ability to organize/prioritize work, handle workload independently and meet critical deadlines.

· Strong aptitude in decision-making.

· Proficient in Microsoft Office suite.

Liberty Bank for Savings is an Equal Opportunity Employer (Minorities, Females, Protected Veterans and Individuals with Disabilities).

A comprehensive benefits package offered for Full-time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, 401k+Profit Sharing Plan, Pension Plan, paid vacation, sick time and holidays. For more information on our branch locations, visit us online at: http://www.libertybank.com.

Job Type: Full-time

Benefits:

  • 401(k)
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Retirement plan
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Application Question(s):

  • Do you have experience with CRA, Fair Lending and BSA Compliance Regulations?

Experience:

  • Bank Compliance: 3 years (Preferred)

Ability to Relocate:

  • Chicago, IL 60647: Relocate before starting work (Required)

Work Location: In person

Benefits

Profit sharing, Disability insurance, Health insurance, Dental insurance, 401(k), Flexible spending account, Paid time off, Vision insurance, Life insurance, Referral program, Retirement plan
Refer code: 9312977. Liberty Bank For Savings - The previous day - 2024-05-25 22:35

Liberty Bank For Savings

Chicago, IL
Jobs feed

Sales Lead - White House Black Market

Chico's Fas, Inc. - Retail

Minnesota, United States

Assistant Store Manager - Soma

Chico's Fas, Inc. - Retail

Santa Clara, CA

Assistant Store Manager - Chico's

Chico's Fas, Inc. - Retail

Missouri, United States

Visual Merchandiser (Walmart-Apparel)

Winston Retail

Lorida, FL

Visual Merchandiser (Apparel - Walmart)

Winston Retail

Cleveland, TN

Educator | Hill Center Brentwood

Lululemon Athletica

Tennessee, United States

QA/Expeditor - Hobbs Chili's

Chili's

Hobbs, NM

QA/Expeditor - Del Rio Chili's

Chili's

Del Rio, TX

Dishwasher - Crystal River Chili's

Chili's

Crystal River, FL

Assistant Store Manager - Soma

Chico's Fas, Inc. - Retail

New York, NY

Share jobs with friends

Related jobs

Compliance Analyst - On Site

Compliance Analyst, GRC

Afterpay

$106K - $134K a year

Chicago, IL

3 weeks ago - seen

Analyst - Compliance

Ballys Chicago Operating Co Llc

$48.2K - $61.1K a year

Chicago, IL

3 weeks ago - seen

Compliance Analyst

Parkway Consulting Group

$50,000 - $75,000 a year

Chicago, IL

3 weeks ago - seen

Data & Compliance Analyst

Aunt Marthas Health And Wellness Inc

Joliet, IL

4 weeks ago - seen

Commercial Compliance Analyst (Commercial Banking) - Hybrid Onsite/Remote

Old Second National Bank

Downers Grove, IL

4 weeks ago - seen

SEVIS Compliance Analyst

Depaul University

Chicago, IL

a month ago - seen

Sr. Analyst, Global Tax Provision & Federal Income Tax Compliance

Baxter

Market-competitive pay and benefits

Deerfield, IL

2 months ago - seen

Sr. Analyst, Cyber Security Governance, Risk & Compliance

The Azek Company

Chicago, IL

2 months ago - seen

Senior Analyst, Federal Tax Compliance & IRS Audits

Baxter

Market-competitive pay and benefits

Deerfield, IL

2 months ago - seen

Sr. Analyst - Sanctions Compliance

Northern Trust

Unspecified

Chicago, IL

2 months ago - seen

Sr Analyst, Compliance Testing

Avant

Chicago, IL

2 months ago - seen

Compliance and Watch List Management Analyst

Robertson And Company

Chicago, IL

2 months ago - seen

Compliance Analyst, GRC

Block

Chicago, IL

2 months ago - seen

BSA Compliance Analyst Job # 3286

Britepros Medical Staffing

Harwood Heights, IL

2 months ago - seen

Compliance Analyst II - Licensing

Aldi

Naperville, IL

3 months ago - seen

IT Security Compliance Analyst

Northshore

Warrenville, IL

3 months ago - seen

Security and Compliance Analyst (EMS)

Emcor Facilities Services, Inc.

$79.6K - $101K a year

Chicago, IL

3 months ago - seen

Analyst - Compliance

Bally's Corporation

Chicago, IL

4 months ago - seen