Heritage Bank has an exciting opportunity to join our organization!
We are seeking a Compliance Analyst to join our Compliance team in Tacoma WA! The compliance analyst is responsible for assisting with the origination implementation and maintenance of the Banks compliance programs to include compliance monitoring research testing data / regulatory analytics reporting training consultation corrective actions and complaint management supporting assigned compliance team and area(s) of responsibility.
Areas of responsibility may include but are not limited to CRA/Fair and Responsible Banking Regulatory Lending and/or Deposit Compliance
Preferred geographical location is Tacoma WA. Depending on experience other Heritage Bank locations in Washington or Oregon may be considered.
Base Salary Range:
Level I -$30.12 - $37.64 - $45.18 per hour
Level II -$33.13 - $41.41 - $49.69 per hour
Depending on qualifications and experience Compliance Analyst I or II may be considered.
The Role at a Glance:
- Conducts and documents monitoring data analysis and testing to assess compliance and identify risks; collaborates with relevant business units as needed.
- Performs monitoring and testing to evaluate compliance controls ensures regulatory compliance alignment and supports root cause analysis in response to control failures.
- Assists with the development and administration of compliance risk assessments.
- Participates in the implementation of new rules and regulations when passed by state and federal governing bodies.
- Assists with the review revision and implementation of compliance policies procedures as well as the development and execution of internal compliance trainings and communications.
- Assists with special investigations targeted reviews and the tracking analysis and resolution of compliance complaints as assigned.
- Ensures required compliance public filings are complete accurate and posted to appropriate internal and external sites and locations.
- Responds to compliance related inquiries or complaints in a prompt courteous manner ensuring timely follow up and resolution with employees.
- Contributes to the success of the department with willingness to share in all department responsibilities as well as bank-wide initiatives as required or assigned.
- Gains working knowledge of and ensures bank activities are performed in compliance with all state and federal banking laws and regulations applicable to assigned area.
- Understands and complies with all policies procedures standards and guidance relevant to assigned job responsibilities.
Core Skills and Qualifications
- High School diploma or equivalent required. Bachelors degree in Business Accounting Finance or relevant course of study preferred.
- Level I- 2 years recent experience in compliance bank operations lending support IT/IS and/or digital banking in a relevant analyst or reporting role which includes working knowledge of compliance laws and regulations in a financial services and community banking environment required.General working knowledge in one or more compliance areas i.e. CRA/Fair and Responsible Banking regulatory Lending and/or Deposits preferred.
- Level II-4 years recent experience in a relevant compliance role which includes strong working knowledge of compliance laws and regulations in a financial services and community banking environment required. Working knowledge and experience in one or more compliance areas i.e. CRA/Fair and Responsible Banking Regulatory Lending and/or Deposits required.
- Equivalent combination of education certifications training and/or compliance experience may be considered
- Certificate in Compliance Essentials Certificate in Deposit Compliance Certificate in Lending Compliance Core Concepts Certified Community Bank Compliance Officer and/or other relevant Compliance certification preferred.
- Provides an exceptional level of quality service for internal/external customers; responds to customers needs questions and concerns in an accurate effective and timely manner.
- Ability to develop and maintain strong working relationships with all business units management staff regulators and audit personnel to achieve common goals.
- Strong listening verbal written and telephone etiquette business communication skills including effective questioning strategies and presentation skills; with the ability to read write speak and understand English well.
- Effective organizational time management data review/analytics and processing skills; with the ability to manage multiple assignments goals and reporting requests ensuring priorities are set with the ability to meet multiple and sometimes competing deadlines with direct and/or moderate oversight and supervision.
- Strong analytical reasoning and problem-solving skills with excellent attention to detail and a strong focus on accuracy.
- Strong working knowledge and understanding of principles procedures compliance requirements state/federal regulations and policies related to assigned area.
- General knowledge of bank operations commercial and/or small business lending consumer lending loan documentation activities and terminology and other applicable business line functions and processes for assigned area(s) of responsibility.
- Ability to test and address compliance risk for various bank products services and assessment areas.
- Ability to read analyze and interpret technical procedures government regulations trade journals and legal documents.
- Unquestionable integrity in handling sensitive and confidential information required.
- Proficient use and understanding MS Office products (Word Excel Outlook) and the Banks core processing system with the ability to adapt to new products and technologies quickly.
Work Environment/Conditions:
- Climate controlled office environment.
- Operates effectively within a high stress environment with constantly changing expectations and regulatory & audit scrutiny.
- Work involves being able to concentrate on the matter at hand under sometimes distracting work conditions and frequent employee and customer contacts and interruptions during the day.
- Work requires regular attendance punctuality and adherence to agreed-upon schedule with willingness to work a flexible and/or rotating schedule and or extended hours as needed.
Physical Demands/Effort:
- Work may involve the constant use of computer screens reading of reports and sitting throughout the day.
- Ability to operate a computer keyboard multi-line telephone photocopier scanner and facsimile which often requires dexterity of hands and fingers with repetitive wrist and hand motion.
- Typically sitting at a desk or table; intermittently standing stooping bending at the waist walking climbing kneeling or crouching to file materials
- Occasional lifting up to 10 lbs. (files boxes handouts).
At Heritage Bank we work hard but we also know how important it is to take time off to stay healthy relax and spend time doing what makes your heart happy!
As part of our team youll enjoy a total rewards package which includes base salary based on the role experience and skill set along with an exceptional benefits package (medical dental vision life insurance 401(k) community volunteer time) and generous time off policy. Full-time team members receive a minimum of 10 paid vacation days annually* and eight hours of paid sick leave per month* while also enjoying 11 paid holidays each calendar year and an annual float day. *pro-rated from start date and/or hours worked. To view Benefits Summary: Apply > Current Openings > position > attachment.
The above statements are intended to describe the general nature and level of work being performed and are not an exclusive list of all qualifications for this position.
Heritage Bank is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age protected veteran status disability or any other basis protected by applicable law.
Job applicants have certain legal rights. Please clickherefor information regarding these rights.
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Salary Range Disclaimer
The base salary range represents Heritage Banks current salary range for the position. Actual salaries will vary depending on factors including but not limited to qualifications experience and job performance. The range listed is just one component of Heritage Banks total compensation package for full time and part time employees. Depending on position other total compensation rewards may include monthly quarterly or annual incentive and/or bonuses.
##JobCategory:Compliance / Audit##
##Street:3615 Pacific Avenue##
##City:Tacoma##
##State:WA##
##ZipCode:98418##
##Internal:false##