Compliance Advisor - Downers Grove, United States - Old Second National Bank

Old Second National Bank

Verified Company

Downers Grove, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Who We Are

At Old Second, you're first For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets.

At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together

Position Overview:

Essential Job Functions:

Ensure bankwide internal controls, policies and procedures are compliant with applicable banking laws and regulations through testing;
Manage the regulatory change process by maintaining timelines needed for newly promulgated or amended laws and regulations and working closely with business unit partners to ensure thorough implementation;
Assist with the completion of the Compliance Risk Assessment to determine residual risks facing the Bank;
Assist with the review of loan related new products and/or services prior to launch;
Review and approve loan advertising and/or marketing material, evaluating for regulatory and UDAAP risk;
Assist the Compliance Manager during internal audits and regulatory exams and on any corrective action plans assigned to the Compliance Department;
Review customer complaints and monitor for any potential trends that may indicate a need for enhanced controls.

Minimum Requirements

Bachelor's degree and three or more years of broad compliance or risk management centric experience in a financial institution setting, or specific loan origination compliance expertise; or equivalent combination of education and experience.

Competencies

Excellent written and interpersonal communication skills.
CRCM and/or ability and commitment to obtain.
Working knowledge of lending consumer and commercial lending regulations with a focus on loan origination

Preferred, but not required

Testing and monitoring for regulatory requirements is preferred.

This position offers flexibility of a hybrid onsite/remote, or remote work environment, however those working remotely are required to visit the office as business dictates.
Thanks for considering Old Second