Sr. Compliance Analyst - Omaha, United States - Security National Bank

Description

Job Description

As a family-owned business that spans five decades and three generations since 1964, we value relationships, supporting each other's unique differences. We understand the importance of personal belonging which is why you'll hear our employees talk about being part of the SNB family. Now, more than ever, as we've expanded our roots into new markets, it's the prime time to join our growing team. As a community bank, we offer comprehensive financial solutions for personal, business, and private banking, treasury management, wealth management and mortgage needs in Nebraska, Iowa, and Texas. We have 10 convenient full-service branch locations in the Omaha and Council Bluffs as well as full-service branches in the Jordan Creek area of West Des Moines and in two Dallas locations: Uptown and Tollway. Learn more about our story at or visit us on LinkedIn and Facebook.

JOB SUMMARY

The position is primarily responsible for ensuring compliance with applicable laws and regulations across various functional areas of the bank through the proactive identification and escalation of compliance risks, aiming for strong compliance results and ratings.

ESSENTIAL FUNCTIONS

Compliance Testing (40%)

• Leads and assists with monitoring Compliance Testing Reviews to assess compliance with applicable laws and regulations and adequacy of internal controls designed to prevent and detect violations of laws and regulations.
• Adheres to the Compliance Testing Calendar.
• Prepares and maintains accurate and complete records of work papers completed during compliance monitoring and testing reviews.
• Independently prepares and communicates final reports.
• Monitors compliance issues and validates resolutions.

Consulting and Leadership (20%)

• Serves as the Subject Matter Expert for compliance topics impacting the Bank and provides expertise to other business units including, but not limited to the Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA).
• Reviews policy revisions and procedures to ensure compliance with applicable laws and regulations.
• Assists with Compliance Regulatory Risk Assessment.
• Develops the annual Compliance Training Calendar and completes training assignment validation and management reporting.
• Provides leadership, direction and coaching to staff members to create, maintain, and nurture an environment where all can be optimally successful in their roles, as needed.
• Solves complex problems with minimal guidance.

Compliance Monitoring (15%)

• Analyzes new and existing regulations, as set forth by Federal and State authorities, and proactively assesses their impact on the Bank's operations and products and services.
• Assesses the sufficiency of controls for current regulatory requirements and, where appropriate, supports the development of enhanced control mechanisms.
• Monitors regulatory changes, regulatory guidance, and regulatory enforcement actions.
• Maintains the Bank's Policy, Risk Assessment and Management Reporting log, ensuring timely reviews and submission for approval by Committees and the Board.Prepares Compliance reports for Committee and Board Reporting for Compliance Officer review.
• Ensures Board approved policies, risk assessments, and reports are maintained within the Bank's central location.

CRA Monitoring and Reporting (15%)

• Reviews and maintains documentation for the Bank's CRA Community Development ("CD") activities: CD Loans, CD Investments, CD Donations, and CD Services.
• Maintains the Bank's CRA Public File.
• Manages CRA data in the Bank's system of record and prepares CRA management reporting.

Compliance Administration (10%)

• Provides oversight of the Complaint Management Program, ensuring compliance with the program requirements, including response timeliness, root cause analysis, and management reporting.
• Conducts reviews of the Bank's marketing materials to ensure compliance with rules, regulations, and Bank policies.
• Assists with reviewing and responding to Compliance Inquiries.
• Reviews New and Revised Document Submissions.
• Monitors open Compliance Tickets and provides reporting to the Compliance Officer.
• Assists with training of bank personnel, as appropriate.
• Performs project management functions on an as needed basis.

Performs other duties as required and assigned.

KNOWLEDGE, SKILLS, AND ABILITIES

• Thorough knowledge and understanding of regulatory, compliance or audit requirements.
• Strong working knowledge of bank operations, procedures, including consumer and mortgage loan servicing, deposit accounts and general operations.
• Ability to cope with rapidly changing regulatory environment on a federal and state level.
• Ability to manage complex assignments independently while also working effectively as part of the team.
• Ability to maintain regular and reliable attendance.
• Ability to complete required training by assigned due date.
• Skills in performing, researching, and writing on a variety of rules, regulations, and updates.
• Self-sufficiency skills in approach to work and excellent prioritization and planning.
• Skills in managing multiple tasks and deadlines simultaneously.
• Strong interpersonal skills, including the ability to build collaborative relationships, listen and actively contribute to discussions.
• Strong verbal/nonverbal and written communication skills, including report writing.
• Excellent skills in analyzing and interpreting regulations, as well as organization and attention to detail.
• Advanced PC experience including Excel and Word.

EDUCATION*

• Minimum of a bachelor's degree required, with emphasis in Accounting, Finance, or Business Administration.
• CRCM designation or equivalent experience preferred.

EXPERIENCE*

• Minimum of 5 years of experience assisting with the development and execution of compliance programs and processes in a corporate environment in a banking or financial institution, regulatory agency or consulting firm required.
• Minimum of 2 years of leadership experience preferred.
• Prior experience interpreting and applying bank regulatory requirements, including requirements of the OCC, CFPB, and Federal Reserve required.
• Prior experience drafting/developing policy, procedure and/or program documentation preferred.
• Prior experience with compliance project or program management or compliance auditing/testing required.

*Equivalent education and experience will be considered.

AFFIRMATIVE ACTION
Security National Bank provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws.