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Bank of Ann Arbor
Plymouth, MI | Full Time
$84k-108k (estimate)
2 Months Ago
Compliance Analyst
Bank of Ann Arbor Plymouth, MI
$84k-108k (estimate)
Full Time | Ambulatory Healthcare Services 2 Months Ago
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Bank of Ann Arbor is Hiring a Compliance Analyst Near Plymouth, MI

Job Description:


Who We Are

Bank of Ann Arbor is one of the nation’s best financial institutions, serving the Southeast Michigan area for over 25 years! At Bank of Ann Arbor, we help our clients succeed financially. We serve our clients with a purpose and a passion, and our talented team delivers uncompromised value with every interaction. It is the mission of Bank of Ann Arbor to be a dynamic, growing and sustainable community bank that is the premier financial institution within the markets it operates; it will be owned by individuals in its markets, managed locally, and responsive to the needs of its communities. The Bank will serve and partner with its customers and communities to achieve their financial goals through high quality products delivered by energized employees and through community service comprised of donations, time, and leadership. Our employees are valued and will work in a culture that invests in their development and rewards their positive contributions.

For the third time in five years, we were named one of American Banker's Best Banks to Work For (only 75 of 6,000 institutions were named) thanks to our strong culture, value system, competitive benefits, terrific team, strong commitment to the community, and fun work environment.

Since Bank of Ann Arbor was founded in 1996, we've consistently supported the communities we serve. We've contributed over $5.4 million to help support area nonprofit organizations, schools, faith-based institutions, the arts, and others. In 2017, Bank of Ann Arbor personnel volunteered more than 3,000 hours to nearly 200 nonprofit organizations.

Who You Are

The Bank’s Compliance Analyst will administer a variety of compliance functions for the Bank in relation to our Compliance Program administration, Third-Party Risk Management and Compliance Reporting.

The successful candidate is analytical and strives to determine the root cause of events and trends. Very data driven, you excel at distilling data into actionable reporting. You are someone who thrives on problem solving and always strives for continuous improvement in all areas supported. You are very organized and does well with time management and has strong written communication skills.

Your Role

  • Review relevant regulatory guidance, consent orders, enforcement actions, and industry trends and assess the Bank’s practices and exposure accordingly and inform Bank staff of applicable laws, regulations, and rules governing operations and product offerings.
  • Maintain and administer the Bank’s Compliance Training plan for all Bank employees and assist and facilitate with external compliance audits for the Bank.
  • Review customer complaints and work with applicable staff and leadership on responses and resolution
  • Review all marketing and advertising deliverables prior to publication
  • Manage the day-to-day operations within the Bank’s third-party risk management program and software.
  • Work with information security and other departments to ensure adequate review of all vendors and vendor contracts, onboarding any new vendors and conducting periodic performance reviews of existing vendors.
  • Create compliance-related metrics, benchmarks, and KRIs across all lines of business for use in reporting and monitoring.
Required Experience:


Your Knowledge and Experience

  • Four-year college degree with a minimum of 3-5 years bank compliance and/or audit experience.
  • CRCM or comparable compliance certifications and JD preferred
  • 1 years of compliance reporting experience
  • Experience with reading and understanding Compliance rules and regulations
  • Strong written communication skills
  • Experience in developing policies, procedures, and guidance for publication to Bank staff and committees
  • Ability to effectively present information to Bank management and staff
  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
From: Bank of Ann Arbor
Benefits:

What We Offer

A great place to work!

We inspire fresh ideas, bold creativity, and outside-the-box ingenuity by asking, “How can we do banking differently?” We celebrate individual achievement and excellence with proud recognition and upward opportunity.

We work together in a spirit of “together we can” teamwork, mutual respect, and a unified effort to reach common goals. We work hard but we are fortunate to do it in an atmosphere that’s upbeat and fun. We live our passionate community commitment to strengthen, educate, and elevate the prosperity of the communities we’re proud to call home. Our culture has also been positively influenced by our nationally recognized wellness program. Crain's Detroit Business magazine included Bank of Ann Arbor on its list of Healthiest Employers in Southeast Michigan.

If you like to work with passion and purpose, collaborate, elevate, and celebrate, Bank of Ann Arbor is the place for you. We don’t call ourselves the World’s Best Bankers for nothing. We are the leaders and best at what we do.

Comprehensive benefits package to include Medical & Prescription, Dental, Vision, Competitive 401K with match, Generous PTO, Wellness program, Life & Disability Insurance, Critical Care Insurance, Volunteer Opportunities in the Community, Free Banking Products and Dog Days!

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ambulatory Healthcare Services

SALARY

$84k-108k (estimate)

POST DATE

04/01/2023

EXPIRATION DATE

06/25/2024

WEBSITE

boaa.com

HEADQUARTERS

ADRIAN, MI

SIZE

100 - 200

FOUNDED

1996

CEO

KOYE ADENUGA MD

REVENUE

<$5M

INDUSTRY

Ambulatory Healthcare Services

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The following is the career advancement route for Compliance Analyst positions, which can be used as a reference in future career path planning. As a Compliance Analyst, it can be promoted into senior positions as a Compliance Specialist IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compliance Analyst. You can explore the career advancement for a Compliance Analyst below and select your interested title to get hiring information.

If you are interested in becoming a Compliance Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Compliance Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Compliance Analyst job description and responsibilities

Compliance analysts can help ensure that your organization's products or processes meet compliance specifications.

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They can audit members of professional organizations to determine whether they meet the standards set by the organization.

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Most of them contribute to security designs through acquisitions and/or system developments to deliver and maintain a compliant system.

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Help companies remain compliant with regulations, thus preparing them for audits.

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The compliance analyst has a duty to maintain legal and regulatory compliance by researching, analyzing, and communicating regulatory requirements and obtaining the appropriate approvals.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Compliance Analyst jobs

Every compliance analyst has slightly different duties, tasks, and responsibilities due to varying job descriptions.

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Smaller organizations still focus on having a single compliance specialist rather than a complete department.

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Sometimes, the compliance analyst works along with the compliance head and other compliance officers.

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Ability to accurately complete applications for compliance certification.

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Get Certifications and Continue Learning.

12/24/2021: Saginaw, MI

Step 3: View the best colleges and universities for Compliance Analyst.

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