Compliance and Risk Officer

SUMMARY: Directs administers and coordinates compliance regulatory and internal audit activities.

DUTIES AND RESPONSIBILITIES:

• Works with the Supervisory Committee on coordinating the internal audits conducted by outside entities and ensures compliance with findings; as applicable.
• Direct line of communication with the Supervisory Committee; as needed.
• Develops initiates maintains and revises policies and procedures for the general operations of the compliance program and its related activities to prevent illegal unethical or improper conduct.
• Manages enterprise risk management and applicable reporting.
• Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
• Manage compliance with all aspects of BSA USA Patriot Act OFAC and other federal and state banking laws.
• Review and prepare risk assessments for new banking products to ensure compliance with all applicable laws and regulations
• Consults with general counsel as needed to resolve difficult legal compliance issues.
• Responds to alleged violations of rules regulations policies procedures and standards of conduct evaluating or recommending the initiation of investigative procedures.
• Perform suspicious activity investigations and anti-money laundering enhanced due diligence; prepare and file written SAR reports with FINCEN when necessary.
• Ensure that all issues relating to BSA compliance are identified and resolved.
• Review daily weekly and monthly reports associated with monitoring of BSA.
• Oversee CTR process and filings.
• Analyze OFAC reports.
• Conduct FINCEN 314(a) searches.
• Acts as an independent review and evaluation body to ensure that compliance issues and concerns within the organization are being appropriately evaluated investigated and resolved.
• Monitors and as necessary coordinates compliance activities of other departments to remain well-informed of the status of all compliance activities and to identify trends.
• Identifies potential areas of compliance vulnerability and risk develops and implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
• Provides reports on a regular basis and as directed or requested keep senior management informed of the operation and progress of compliance efforts.
• Ensures proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate or required.
• Works with the human resource department and others as appropriate to develop an effective compliance training program including appropriate introductory training for new employees and ongoing training for all employees and managers.
• Monitors the performance of the compliance program and related activities on a continuing basis taking appropriate steps to improve its effectiveness.
• Performs other duties as assigned by manager.

QUALIFICATIONS:

• Bachelors degree or equivalent in related field preferred.
• Four to six years related experience.
• Demonstrated proficiency in supervising and motivating subordinates.
• Commitment to excellence and high standards.
• Excellent written and verbal communication skills.
• Excellent presentation skills.
• Strong organizational problem-solving and analytical skills.
• Ability to manage priorities and workflow.
• Versatility flexibility and a willingness to work within constantly changing priorities with enthusiasm.
• Demonstrated ability to plan and organize projects.
• Proficient in Microsoft Office.
• Proven leadership and business acumen skills.
• Proven ability to handle multiple projects and meet deadlines.
• Good judgement with the ability to make timely and sound decisions.
• Creative flexible and innovative team player.
• Strong organizational problem-solving and analytical skills; able to manage priorities and workflow.
• Ability to work independently and as a member of various teams and committees.
• Versatility flexibility and a willingness to work within constantly changing priorities with enthusiasm.

COMPETENCIES:

• Technical Skills--Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
• Interpersonal Skills--Focuses on solving conflict not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others ideas and tries new things.
• Oral Communication--Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.
• Written Communication--Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.
• Teamwork--Balances team and individual responsibilities; Exhibits objectivity and openness to others views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyones efforts to succeed.
• Change ManagementDevelops workable implementation plans; Communicates changes effectively; Builds commitment and overcomes resistance; Prepares and supports those affected by change; Monitors transition and evaluates results
• Ethics--Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
• Organizational Support--Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organizations goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity.
• Strategic Thinking--Develops strategies to achieve organizational goals; Understands organizations strengths & weaknesses; Analyzes market and competition; Identifies external threats and opportunities; Adapts strategy to changing conditions.
• Judgment--Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
• Motivation--Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles; Measures self against standard of excellence; Takes calculated risks to accomplish goals.
• Dependability--Follows instructions responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary to reach goals; Completes tasks on time or notifies appropriate person with an alternate plan.
• Initiative--Volunteers readily; Undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed.

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

• Frequently required to stand
• Frequently required to sit
• Continually required to utilize hand and finger dexterity
• Continually required to talk or hear
• Occasionally required to lift/carry items less than 25 pounds

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.