Compliance Support Specialist

Job Description

The Compliance Support Specialist is responsible for the day-to-day monitoring of applicable regulations, including but not limited to BSA, Reg CC, and OFAC administered sanctions, etc. He or she is responsible for communicating and resolving monitoring discrepancies with Branch/Department personnel. The Compliance Support Specialist assists compliance department staff with various projects as needed. He or she assists with the development, preparation and conducting of compliance training organization wide. The Compliance Support Specialist is responsible for taking meeting minutes for the Compliance Department. He or she compiles and issues reports detailing conclusions and providing recommendations for improvement. The Compliance Support Specialist prepares and files reports with government agencies as directed by the Deposit Compliance Officer.

Qualifications

• High school diploma or GED required
• One to two years of banking experience in a retail banking environment; preferably in operations (teller and new accounts)
• College degree in business administration, accounting, or finance preferred
• Previous experience with regulatory compliance helpful
• Thorough knowledge of applicable federal and state deposit financial regulations preferred
• Able to use a financial calculator and related computer applications and business machines
• Excellent written and verbal communication skills required
  
  

Responsibilities

• Monitors applicable processes and procedures in place to ensure compliance with various regulations
• Assists with the implementation of regulatory changes as needed
• Assists the Deposit Compliance Officer with various regulatory functions including, but not limited to, government reporting, deposit regulations, monitoring and training
• Develops an understanding of regulations in order to answer routine questions for customers, branch personnel and Executive Management
• Assist with the Bank’s BSA program compliance and monitoring, including assigning BSA alerts and ensuring adequate responses are received in a timely manner, assist in the processing of CTR’s, etc.
• Responsible for coordinating with branch personnel in BSA and deposit compliance matters to assist in identifying suspicious activity, determining if and what type of hold needs placed on a deposit, determining the funds availability schedule for funds during a hold, etc.
• Respond promptly and accurately to branch phone calls and emails regarding BSA (Bank Secrecy Act) related inquiries, providing guidance and support to ensure compliance with regulatory requirements
• Reports compliance violations to the Deposit Compliance Officer or VP Senior Compliance Officer
• Reviews all holds for branches to ensure compliance with Reg CC
• Assist with policy and procedure changes and updates in order to ensure that they are in accordance with evolving regulations as directed
• Assists with employee training as needed
• Writes general correspondence
• Works independently under general instructions
• Assumes responsibility for establishing and maintaining effective communication and coordination with area personnel and with management
• Assists area personnel as needed
• Keeps management informed of area activities and of any significant problems or concerns
• Completes and submits required reports, records, and related documents
• Attends meetings as required
• Maintains and projects the Bank's professional reputation
• Promotes D.L. Evans Bank at all times
• Serves as a representative for D.L. Evans Bank in the community
  
  

Company Description

D.L. Evans Bank is a community bank and has been since 1904. For many years, we have provided premier banking services to the residents of Southern Idaho and Northern Utah while fostering a working environment for our employees dedicated to teamwork and excellent customer service. If you are a dynamic and customer-driven individual, whether an experienced banker or just beginning your career, we encourage you to continue with this applicant friendly, online job application!

D.L. Evans Bank is an Equal Opportunity Employer (EOE/AA/W/M/Vets/Disabled). VEVRAA Federal Contractor.

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• FSA
• 401(k)
• Employee Stock Ownership Plan
• Paid Vacation
• Sick Time
• Life Insurance
• Long-term Disability Insurance