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Form of workOverview:
We are seeking a self-motivated and team-oriented professional to join our Waunakee office as a Compliance Specialist! This position will be responsible for assisting in monitoring the effectiveness of the compliance program by performing various tasks to ensure the bank maintains a high level of compliance by staying current on regulatory issues and by in-forming staff of regulatory changes. This role will also assist the SVP Compliance and outside consultants and regulators to facilitate reviews and examinations.
Responsibilities:
Monitor Bank’s Compliance Procedures
- Assist in monitoring the bank’s compliance-related procedures on an ongoing basis to ensure compliance with regulations.
- Work with the Compliance Committee to implement policies and procedures relative to regulatory changes
- Review and update compliance related policies on an annual basis
- Maintain a list of new products and changes to products & services
Perform Compliance Reviews
- Perform department monitoring reviews to assure departments remain compliant
- Ensure that actual practices follow the established policy and procedures
- Ensure consumer laws and regulations are being followed
- Present monitoring review findings to SVP Compliance
- Analyze and report on key risk indicators used to monitor Fair Lending performance
Compliance Training
- Assist in the development of compliance training programs for associates
- Assist with the administration of compliance training for all new hires and existing employee
- Monitor the BAI compliance training class attendance
- Provide SAFE Act training
Manage Internal and External Audit/Exams
- Assist with internal compliance audits and examinations
- Receive and provide requested documents timely to auditors and examiners
- Track all outstanding findings from compliance audits and examinations
- Associate degree in Accounting, Finance, or similar designation and/or two-four years equivalent work experience in a similar position required
- Previous experience in banking or financial institution setting and/or compliance required
- Well-developed verbal/written communication skills and interpersonal skills to be able to interact and communicate with diverse groups of customers, employees, examiners, etc.
- Demonstrated problem solving skills with the proven ability to exercise independent judgment in decision making
- Good working knowledge of Microsoft Excel, Word and Power Point with the ability and willingness to learn new programs and software
- Strong attention to detail with excellent follow-up skills and the ability to work efficiently and accurately
- Self-starter that can manage multiple priorities simultaneously and work in a fast-paced/deadline driven environment
- Willing team player with the ability to put forth the extra effort necessary to make the office a successful operation including the willingness to put in extra time when needed and/or to attend required & recommended outside educational programs, seminars, etc.
- Ability to maintain confidential customer information.
This position is a full time position with hours of 8am – 5pm Monday-Friday with the flexibility.
Lake RIdge Bank values a diverse workforce and is an Affirmative Action/Equal Opportunity Employer. Minorities, Females, Veterans, and Individuals with Disabilities encouraged to apply.
Consistent with Lake Ridge Bank’s commitment to employ and advance qualified individuals with disabilities, Lake Ridge Bank provides reasonable accommodation to apply for or perform a job. Some examples of reasonable accommodation include alternate methods to apply, providing documents in an alternate format, altering work procedures, specialized equipment or use of an interpreter. If an individual needs reasonable accommodations to apply or perform a job here at Lake Ridge Bank, please contact Human Resources at (608) 849-2700 or email us.
