What are the responsibilities and job description for the Senior Compliance Analyst position at Arundel Federal Savings Bank?
Benefits:
- 401(k)
- Competitive salary
- Dental insurance
- Health insurance
- Paid time off
- Profit sharing
- Tuition assistance
- Vision insurance
Arundel Federal Savings Bank located in Anne Arundel County seeks a Sr. Compliance Analyst to administer bank compliance activities.” The Sr. Compliance Analyst will support the business units with their compliance needs.
Is this the job for you? Are you inquisitive, adept at research and have an eye for detail? Are you a problem solver, able to think critically, and skilled at communicating with a variety of audiences? If so, this may be the job for you.
As the Sr. Compliance Analyst, you will be responsible for:
- Develops and maintains a proficient knowledge of laws, rules and regulations and their impact on products, services, and operations for specific lines of business. Responsible for compliance change management.
- In conjunction with the VP, Chief Risk Officer ensures compliance with Bank policies, procedures, and internal controls as well as all applicable Federal, State, and local laws, rules and regulations including but not limited to BSA/AML, CRA, ECOA, EFAA, EFT, Fair Lending, FACTA, FCRA, FDCPA, FDPA, GLBA, HMDA, OFAC, RESPA, TILA, TISA, TRID, and the USA Patriot Act. Assists in the investigation, documentation, and monitoring of compliance with these rules and regulations.
- Serves as an Information Resource, both internally and externally, for Bank compliance related matters. Assists with internal and external compliance reporting.
Establishes partnerships with line of business leadership and serves as a consultant on issues related to compliance and helps develop policies and procedures. - Responsible for implementation of new and updated compliance systems, standards, processes, procedures, and policies in response to changing laws, rules, regulation, and Bank products/services/strategies with direction from the VP CRO.
- Bank Secrecy Act responsibilities include supporting the Bank Secrecy Act Officer or senior management as appropriate and performs CTR/SAR reviews, Office of Foreign Assets Control (OFAC) checks, and BSA monitoring as assigned.
- Apply requirements relating to Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and Customer Identification Program (CIP) including Beneficial Ownership (BO). Apply all the regulatory requirements during the performance of the job duties as assigned. Complete all annual required BSA and other bank compliance training as assigned in a timely manner.
- Performs other administrative, operational and compliance related duties as assigned by the VP, Chief Risk Officer.
Are you the one we need? If you are, you’ll have these qualifications:
- AA degree or equivalent years of experience.
- Minimum 4 years of experience in a financial institution or related field. Knowledge of and experience with retail operations and BSA/AML/OFAC, lending, deposits, accounting policies and regulations pertaining to banks.
- Excellent verbal, written, telephone and interpersonal communication skills. Excellent organizational, problem-solving, and analytical skills.
- Ability to conduct research, understand laws and regulations, and offer problem solutions. Ability to self-initiate projects and to work independently. Ability to manage multiple tasks and changing priorities simultaneously in an efficient and effective manner.
- PC proficient, including Microsoft Office (Word, Excel, Outlook) and the Internet. Ability to function in a financial institution branch environment and use standard office equipment.
- Ability to lift 25 lbs.; Some travel as needed
Why join Arundel Federal? We are a community retail bank focusing on deposits and lending serving Anne Arundel county since 1906. “Your Vision. Our Strength." is the phrase that describes what we do and have consistently done for over 100 years: use our strong capital position and financial strength to help our customers achieve their financial dreams and personal visions.
We offer a comprehensive benefits package including paid time off, medical, dental, vision, life and disability insurance, HRA, FSA, paid holidays, tuition assistance, and 401(k) profit sharing plan. Learn more about Arundel Federal at: https://www.arundelfederal.com/.
Arundel Federal is an Equal Opportunity/Affirmative Action Employer and will not discriminate in its employment practices due to an applicant's race, color, religion, national origin, sex gender identity/expression, age, ancestry, sexual orientation, disability, genetics, veteran status, marital status, pregnancy-related conditions, or political beliefs. We also maintain a drug-free workplace.
Salary : $56,764 - $79,470