Compliance Associate

Job Description

Job Description

City National Bank and Trust

Job Description : Compliance Associate

Department : Compliance

Status : Full time

Description : Assist the Compliance Department in planning and conducting independent monitoring of financial institution activities to determine the adequacy and effectiveness of internal controls and compliance with existing bank policies, procedures and regulatory requirements / guidance.

The Compliance Associate will specialize in one or more of the following areas : BSA / AML, CRA, Operations, Loans or Risk Management.

Responsibilities :

• Examines bank policies, procedures and practices to ensure compliance with state and federal laws and regulations through compliance monitoring.
• Remains current with the changes to state and federal banking laws and regulations affecting the management, operations, and product offerings of the bank.
• Coordinates with operating departments to ensure adherence to laws and regulations relating to new or revised products and services offerings of the bank.
• Provides senior management with information to accurately determine the bank's extent of compliance.
• Assists in the design and implementation of internal monitoring programs, procedures, and processes.
• Performs research to aid in answering compliance-related questions on a daily basis from bank personnel.
• Maintains confidentiality on all bank files, records, work papers, minutes, etc.
• Schedules meetings with the operating units and managers, as necessary, to provide information on compliance matters that affect their respective areas.
• Completes required compliance training and other training as assigned.
• Performs any other related duties as required or assigned.

Requirements :

A broad knowledge of banking rules and regulations is required. Applicant should have three to five years banking experience and / or a four year college degree in Business, Finance, Economics or Accounting.

A combination of education and work experience is acceptable.

• Ability to write and edit reports, business correspondence, and policy / procedure manuals; Ability to effectively present information and respond to questions from groups of managers, customers, auditors and examiners.
• Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Experience with Microsoft Office (Word, Excel, PowerPoint) and 10-Key.
• Ability to apply concepts such as fractions, ratios, percentages and proportions to practical situations.
• Ability to perform semi-repetitive type work which requires periods of concentration. The employee must occasionally lift and / or move up to 25 pounds.
• Ability to work in a team environment or independently, as well as the ability to work under stringent time constraints as required for specific tasks.

City National Bank and Trust

Job Description : Compliance Associate

Department : Compliance

Status : Full time

Description : Assist the Compliance Department in planning and conducting independent monitoring of financial institution activities to determine the adequacy and effectiveness of internal controls and compliance with existing bank policies, procedures and regulatory requirements / guidance.

The Compliance Associate will specialize in one or more of the following areas : BSA / AML, CRA, Operations, Loans or Risk Management.

Responsibilities :

• Examines bank policies, procedures and practices to ensure compliance with state and federal laws and regulations through compliance monitoring.
• Remains current with the changes to state and federal banking laws and regulations affecting the management, operations, and product offerings of the bank.
• Coordinates with operating departments to ensure adherence to laws and regulations relating to new or revised products and services offerings of the bank.
• Provides senior management with information to accurately determine the bank's extent of compliance.
• Assists in the design and implementation of internal monitoring programs, procedures, and processes.
• Performs research to aid in answering compliance-related questions on a daily basis from bank personnel.
• Maintains confidentiality on all bank files, records, work papers, minutes, etc.
• Schedules meetings with the operating units and managers, as necessary, to provide information on compliance matters that affect their respective areas.
• Completes required compliance training and other training as assigned.
• Performs any other related duties as required or assigned.

Requirements :

A broad knowledge of banking rules and regulations is required. Applicant should have three to five years banking experience and / or a four year college degree in Business, Finance, Economics or Accounting.

A combination of education and work experience is acceptable.

• Ability to write and edit reports, business correspondence, and policy / procedure manuals; Ability to effectively present information and respond to questions from groups of managers, customers, auditors and examiners.
• Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Experience with Microsoft Office (Word, Excel, PowerPoint) and 10-Key.
• Ability to apply concepts such as fractions, ratios, percentages and proportions to practical situations.
• Ability to perform semi-repetitive type work which requires periods of concentration. The employee must occasionally lift and / or move up to 25 pounds.
• Ability to work in a team environment or independently, as well as the ability to work under stringent time constraints as required for specific tasks.
30+ days ago