Compliance Analyst

Description

The Compliance Analyst supports the Bank’s Compliance Management Program by performing second line of defense monitoring and testing activities under the direction of the VP, Compliance Officer, and Senior Compliance Analyst. This role helps ensure the Bank maintains compliance with applicable consumer and commercial banking regulations across deposit and lending products. The ideal candidate will have a strong desire to learn, be detail-oriented, and demonstrate initiative in a collaborative team environment.

Key Responsibilities:

• Perform compliance monitoring and testing in accordance with the Bank’s compliance monitoring schedule.
• Assist in identifying and assessing compliance risks within various business lines.
• Document and communicate monitoring results, findings, and recommendations in a clear and professional manner.
• Partner with business units to track and verify remediation of compliance issues.
• Support the ongoing maintenance and enhancement of the Bank’s Compliance Management System (CMS).
• Stay informed of regulatory updates and assist with implementing changes as needed.
• Participate in compliance-related projects, policy reviews, and staff training efforts.
• Build positive working relationships across departments and maintain confidentiality of sensitive information.

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Qualifications

• Education: A bachelor's degree in Business Administration, Accounting, Finance, or a related field or equivalent experience preferred.
• Experience: One to two years of experience in banking, financial services, or regulatory compliance required.
• Knowledge: Basic understanding of consumer and commercial banking regulations preferred (e.g., Reg B, Reg Z, Reg E, Reg CC, CRA, FCRA, etc.).
• Skills: High-level detail orientation, strong written and verbal communication skills, and a willingness to learn and take ownership of tasks.
• Self-Discipline:  Ability to work independently, manage multiple priorities, and meet deadlines.