Compliance Administration Officer

River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank, and Rollstone Bank and Trust. Together, we shape the evolution of community banking through innovation and strong partnerships, while preserving the personalized service our customers value. Here, you will discover opportunities for professional growth, make a meaningful impact in your local community, and join a team that champions integrity, collaboration, and continuous progress. This is community banking, evolved.

The Compliance Administration Officer provides compliance support by providing the expertise to perform compliance reviews for disclosures, advertisements, policies, and procedures. Performs a number of the department’s monitoring reviews and serves as the primary administrator of the organization’s Learning Management System (LMS).

Essential Job Functions

• Performs risk-based consumer compliance monitoring and testing activities and risk assessments for the Bank in conjunction with the Compliance Officer, provides recommendations and reporting to senior management, and copies examiners during regulatory audits.
• Reviews Bank advertisements, marketing materials, policies, procedures, and deposit and loan disclosures for compliance with regulatory requirements.
• Sets up and reports on all on-line compliance training programs for enterprise employees.
• Keeps abreast of new requirements for compliance.
• Actively stays current on all Bank products, services, procedures, policies, and applicable regulatory and compliance requirements by regularly attending team meetings, completing mandatory training on schedule, and applying knowledge to ensure accuracy and compliance in daily operations.
• Ensures adherence to federal and state laws, regulations, and bank policies by preventing violations, minimizing risks, and safeguarding the Bank’s interests.
• Verifies transactions and account balances, ensuring compliance with bank policies and state and federal regulations and the Bank Secrecy Act (BSA), as applicable to the role.

Other Duties

• Performs additional duties, as directed by management.
• Complies with all related consumer regulatory requirements.
• Maintains Compliance Department procedure updates, as needed.
• Provides backup to the Compliance Officer, as needed.
• Participates in the Banks’ Compliance Committee(s).
• Actively attends ongoing compliance training and education to stay current with related regulations.

Qualifications, Experience, and Education

• High school diploma or equivalent. Bachelor’s degree preferred.
• Certified Regulatory Compliance Manager (CRCM) designation or demonstrated willingness to obtain CRCM within one year of employment.
• Minimum of 5 years’ experience in consumer lending and deposit regulatory compliance.
• Strong knowledge of complex and multi-layered compliance documents and Federal Register.
• Demonstrated skill and comfort level in communicating effectively with groups and committees, both verbally and in writing.
• Strong ability to work effectively both independently and as a participant.

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at hr@riverrun.com or call 978-462-3136.

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