Compliance Officer

Merchants Bank has an opening for a Compliance Officer. This on-site position can work from any of our Merchants Bank branch locations in Minnesota or position will provide leadership for the Compliance function by conducting research working with a variety of systems and with team members. Will supervise the Compliance Specialist. Duties include working with compliance audits (internal and external) sending out requests gathering information reviewing reports and findings and training employees. This role will serve as the company CRA Officer work on annual risk assessment and oversee the outsourced MERS audit. Will stay current on compliance and audit information as well as new laws and regulations. Some travel required.A Bachelors degree in Business Finance Accounting Economics Risk Management or related field required. Certified Regulatory Compliance Manager (CRCM) designation preferred. Requires a minimum of 5 years of experience in banking compliance. Merchants Bank offers competitive wages and benefits for our full-time employees including health dental life disability and vision insurance; flexible spending accounts 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options. Pleaseclick on Apply Now or apply in personat any Merchants Bank location. Questions can be emailed to Bank is an Equal Opportunity Employer of women minorities protected veterans and individuals with Summary:Work is performed under general supervision according to established policies and procedures. Provide leadership of Compliance functions as needed. A variety of duties are related to this job including research working with different software and hardware systems and team members. This position requires a well-organized and motivated individual with the ability to initiate projects and follow through as needed. Must be willing and able to work with limited supervision. Must be willing and able to provide leadership in the compliance area and deal with different types of Responsibilities and Duties:Provide supervision and leadership for Compliance Specialist to ensure growth of the personnel and meeting all expectations of the Companies Compliance Program. Responsible for relationship and working through all Compliance Audits including external as well as exams. Includes sending out request lists gathering and indexing all required documents working with our external Auditors/Examiners during the audit reviewing draft report and working with employees for responses actions review final report train employees as needed on findings and track completion of actions. Fair Lending audit review the RATA reports and complete research to determine we have no fair lending issues. Will be the company CRA Officer. Responsible for CRA communication preparation review and exams. Work with Compliance Specialist to maintain public file volunteer hours donations investments maps community development loans etc. Complete quarterly CRA review. Work with Chief Risk Officer on annual risk assessment completion of outsourced MERS audit and work with mortgage team on completion. Complete following audits as scheduledComplete annual progress necessary research for laws and with training staff on different laws regulations and current on compliance and audit issues as they pertain to banking via training and Compliance Officer meetings and attend strategic alignment meetings and present as needed. Review marketing materials for compliance questions of employees. Regular and dependable attendance is an essential function for this will be expected to contribute to a positive working environment through words and will be expected to greet internal and external customers in a friendly and outgoing will be expected to complete compliance and product knowledge assignments in a timely Requirements:Bachelors degree in Business Finance Accounting Economics Risk Management or related field Regulatory Compliance Manager (CRCM) designation CFE CIA or other relevant certifications are of five years of progressive responsible banking compliance knowledge of federal consumer protection regulations and compliance risk management interacting with federal and state regulatory agencies be willing to be flexible and adaptable. Must be prepared to learn new regulations and Conditions: Inside working environment very low noise level. May include travel to affiliate operations as required. Work is performed primarily sitting at a desk. Requires a high degree of finger dexterity very good finger-eye : Responsible to the Chief Risk Officer for clarification of position responsibilities. authority and for proper interpretation. Will have limited person-to-person and phone contact with customers and public however may at times have extensive staff contact. Some travel is required. Must have ability to work in a team environment and have personal manner to enhance overall professional image of the organization.