Deposit Compliance Analyst

Role Summary:

The deposit compliance analyst is responsible for the day-to-day compliance activities related to deposits. This includes monitoring, auditing, training and acting as a resource to ensure compliance with state and federal regulations and the bank's policies and procedures.

Principal Duties and Responsibilities:

• Enthusiastically support the Bank sales function by providing exceptional service to internal and external customers of the bank

• Conduct comprehensive compliance reviews and internal testing of deposit regulations including TISA, Reg E, Reg CC, etc.
• Prepare detailed reports of audit findings, presenting any irregularities or exceptions to the Compliance Officer for final review before submission to the Business Line owners, Compliance Committee and Senior Management. Makes recommendations for reviewing compliance deficiencies.
• Assist with any compliance related questions.
• Serve as liaison with external auditors/examiners to provide needed documentation and assist with questions.
• Participate in the Bank's internal deposit compliance training program.
• Act as resource to team members in regulatory deposit compliance areas.
• Collaborate effectively with various departments to meet common goals and ensure compliance of the bank's deposit products and services.

Additional Duties and Responsibilities:

• Assist with loan compliance audits/exams as needed by CO and Loan Compliance Specialist as needed.
• Lead or assist in projects as assigned to help implement deposit products and necessary regulatory changes within current products.
• Assist in training team members as needed in regulatory compliance areas.
• Update knowledge and develop professionally on a continuing basis. Participate in internal and external training and development opportunities as required.
• Any other duties as assigned.

Knowledge, Skills, and Abilities:

• Associate's degree in a related field or equivalent from a two-year college or technical school; or a minimum of two years related experience and/or training; or equivalent combination of education and experience required.
• Ability to research and interpret regulations.
• Knowledge of State and Federal regulations in the deposits and lending areas.
• Acts in accordance with the Bank's CARE Mission and CORE Virtues.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act and the requirements of the Office of Foreign Assets Control. Additionally, all employees must follow policies and procedures to minimize risk by exercising good judgment, raising questions to management, and adhering to policy guidelines.

Working Conditions:

Work is performed in a pleasant office environment with minimal chance for personal injury. Frequent mental concentration is necessary for listening and responding to various situations. Must be able to lift and move up to 20 pounds unassisted. Some twisting, bending, and turning is required. Work hours are generally during normal business hours and average 40 hours a week.