Compliance Specialist- Risk

At Midland States Bank base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education skills internal equity and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare well-being benefits paid family leave as well as generous paid time off. Total Rewards also include banking perks an Employee Stock Purchase Plan 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Salary Range: $60000-$75000

Position Summary

The Compliance Specialist ensures day-to-day operations are conducted in compliance with regulatory and legal requirements and company policies and procedures by providing compliance advisory services to business lines and operations areas in order to support their compliance obligations. The role assists the Advisory Manager with the oversight and implementation of the Regulatory Compliance Management Program and provides guidance to compliance personnel.

Primary Accountabilities

• Compliance Resource Provides day to day compliance advice in a broad range of compliance areas focusing primarily on deposit products and related consumer and commercial services deposit account servicing and bank operations. Working knowledge of a substantial number of statutes and regulations including but not limited to: TISA(Reg DD) EFTA(Reg E) Reserve Requirements(Reg D) UDAAP EFAA(Reg CC) Escheatment Reg J UCC Articles 3 4 & 4A TCPA Reg GG BSA CANSPAM Act garnishments/levies statutory POAs and decedent addition the position may require the acquisition of expertise in other areas to assist in the risk management of affiliates and specialty business lines.
• Advertising Reviews Reviews marketing materials for compliance with applicable regulations.
• Risk Assessments Assist in conducting risk assessments and monitor compliance risk metrics. Perform analytical reviews and assist in the development of risk data.
• Regulatory Change Monitors for regulatory changes and assists in the implementation of such changes.
• Change Control Provides compliance guidance with regard to new and modified products and services changes in policies and procedures revisions to disclosures and account agreements and changes to systems or operations.
• Customer Complaints Investigates customer complaints and assists in the drafting of responses.
• External Reviews and Regulatory Examinations Assists in the management of external compliance reviews and regulatory examinations.
• Training Assists the Director of Compliance in the development and assignment of compliance training as needed. Provide internal compliance training.
• Maintain compliance with all applicable regulations including but not limited to the Bank Secrecy Act (BSA).

General Responsibilities:

• The role requires occasional travel for training and team meetings and willingness to travel periodically to locations within market as needed.
• May require work in a Midland office to ensure collaboration and support of internal and external customers.
• Maintain compliance with all applicable regulations including but not limited to the Bank Secrecy Act (BSA).
• Other duties as assigned.

Position Qualifications

Education/Experience:

• Bachelors degree from an accredited college or university in a related subject or equivalent significant banking experience.
• Minimum five years of demonstrated experience in banking operations and compliance.
• Compliance professional certifications are preferred but not required.
• Law degree is preferred but not required.
• Familiarity with core banking systems used in financial institutions.
• Ability to travel to Bank branches and departments throughout the state as needed.
• Capable of managing multiple priorities and project deadlines; may require evening and weekend work to meet critical deadlines.
• May participate in bank-wide voluntary activities supporting community engagement.

Competencies:

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self development
• Being flexible and adaptable

At Midland States Bank we believe that when we can bring our whole selves to work each day we become happier more comfortable more confident and more excited to do great things for our customers each other and our company. Were proud to be an Equal Opportunity and Affirmative Action employer. At Midland we recruit employ train compensate and promote without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability age or veteran status. If you are looking for a place to grow we encourage you to apply at Midland States Bank because you belong here.

If you require reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to Midland States Bank Human Resources at.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT