Compliance Analyst

Under the direction of the Senior Compliance Officer, this position is responsible for supporting all aspects of American Bank of Freedom’s Consumer Compliance Program, with a focus on CRA, Fair Lending and 1071 Data Collection. If applicable or appropriate, assists in business units’ compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures including but not limited to Regulatory Compliance, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

Responsibilities

• General understanding of all compliance related laws, regulations, and guidelines.
• Keep abreast of new technologies that could impact compliance risks.
• Assist in the development of and maintenance of compliance policies and procedures in alignment with regulatory changes and best practices especially regarding 1071B reporting and new CRA changes.
• Assist with or conduct risk assessments to risk associated with existing and new regulatory requirements.
• Assist with compliance audit programs in relation to all banking regulations.
• Assist with the monitoring of compliance with internal policies and procedures as well as external regulations.
• Assist with the identification of potential areas of compliance vulnerability.
• Undertake continuous learning and self-study to stay abreast of changing regulations and emerging issues.
• Assist with policy and procedure creation about CRA, HMDA, Fair Lending, and 1071 Data collection.
• Review Mortgage Loans for adherence to all Lending Regulations
• Assist with the development, implementation, and performance monitoring of compliance related training programs.
• Assist with the preparation of reports for senior management detailing compliance risk and issues.
• Serve as a resource to employees regarding compliance questions or concerns.
• Assist with responses to inquiries from regulators.
• Oversee Banks HMDA reporting function.
• Other responsibilities as needed.

Required Qualifications

• 4+ years of Compliance experience, or equivalent demonstrated through work experience.
• Knowledge of banking processes, products, and regulations.
• Organization and strong multi-tasking skills.
• Possess excellent oral and written communication skills.

Desired Qualifications

• Certified Regulatory Compliance Manager (CRCM) Certification or Certified Community Bank Officer (CCBO) Designation