What are the responsibilities and job description for the Compliance and Audit Specialist position at Center Bank?
Center Bank, proudly serving the communities of Litchfield, Plymouth and Chaska is in search of a Compliance and Audit Specialist. Center Bank is a $250 million dollar bank which prides itself on steady earnings, clean bank exams and attention to detail when it comes to compliance and audit.
Qualifications: 5 years experience in the field of compliance and/or audit. In lieu of experience in compliance and/or audit, we are open to candidates with a long tenure in banking that could be trained.
Job Summary: develop, administer and monitor programs for compliance with laws, regulations and rules governing operations and pCroduct offerings. Reviews Bank's policy and procedures for compliance. Also acts as the Bank Secrecy Act Officer. Responsible for the overall audit function, internal loan review and HMDA reporting. Performs scheduled audits throughout the year and reports to the Board of Directors and required officers. Investigates discrepancies and makes recommendations for improvement.
Expectations: Perform job accountabilities with a high level of accuracy and timeliness. Maintain knowledge and understanding of laws, regulations and rules governing operations and product offerings. Maintain knowledge and understanding of internal service standards for the departments that are a part of the workflow for this position. Develop and maintain knowledge of compliance and internal control requirements necessary to complete the job. Perform duties in compliance with policy, procedures and process.
Critical Skills: Professional. Strong written and verbal communication skills. Ability to multi task and organize priorities. Aptitude for problem solving. Maintain confidentiality. High level of focus and accuracy. Ability to interpret regulations and translate for other staff members. Team oriented.
Travel: Some travel may be required to continue or further education.
Center Bank is an equal opportunity employer.
Job Type: Full-time
Pay: $70,000.00 - $90,000.00 per year
Benefits:
- Disability insurance
- Employee discount
- Health savings account
- Paid parental leave
Physical setting:
- Office
Schedule:
- 8 hour shift
- Monday to Friday
Travel requirement:
- Travel
Ability to commute/relocate:
- Litchfield, MN 55355: Reliably commute or planning to relocate before starting work (Required)
Experience:
- auditing or compliance: 5 years (Preferred)
- banking: 5 years (Preferred)
Work Location: In person
Salary : $70,000 - $90,000
