What are the responsibilities and job description for the Compliance Specialist position at FCB Banks?
Job Details
Classification: Non-Exempt/Hourly
Job Type: Full-Time
Location: Onsite – Non-remote; FCB Corporate Office; 717 Vandalia St., Collinsville, IL 62234
Reports To: Loan-Deposit Compliance Officer
ABOUT US:
FCB Banks has been family owned and managed for more than three generations. Our original banks opened in New Baden and Albers in 1901 and customers quickly associated FCB with quality service, competitive rates, and personal customer care. These qualities became the pillars of our business when First Collinsville Bank opened in 1990 and we began expanding throughout the area. We streamlined and simplified banking operations and officially changed our name to FCB Banks in 2017. Today we have seventeen locations in sixteen wonderful towns serving customers in Illinois and Missouri. We pride ourselves on being locally owned and operated as well as a valued part of the community. Since 1901 our goal at FCB Banks has always been to provide exceptional service to our valued customers.
JOB SUMMARY:
Responsible for completing audits to identify regulatory, reputational, legal, and monetary risk, as well as risk of consumer harm. Position requires continuing education of current and emerging regulations.
ESSENTIAL JOB DUTIES:
- Completes assigned audits and reviews in a timely and accurate manner with particular focus on Loan Compliance.
- Works closely with Loan and Deposit Compliance Officer to research emerging regulations.
- Works closely with Compliance peers to ensure denied and withdrawn loan files meet FCB Guidelines and Federal Regulations.
- Collaborates with Compliance peers regarding interpretation of regulations, state laws, bank procedures, and best practices.
- Makes informed recommendations to the Loan and Deposit Compliance Officer and the Senior Vice President of Compliance & Collections for changes in policy or procedures as deemed necessary to stay in compliance.
- Notifies the Loan and Deposit Compliance Officer and Senior Vice President of Compliance & Collections of potential areas of risk identified in audits.
- Participates in the development and presentation of training pertaining to regulatory, reputational, legal, and monetary risk, as well as risk of consumer harm to bank employees and Senior Bank Management.
- Reports directly to the Loan-Deposit Compliance Officer.
- Performs additional tasks and projects as assigned. Must be willing to assist co-workers as needed.
TECHNICAL SKILLS NEEDED:
- Strong and professional communication skills – verbal, written, listening and presentation – Ability to communicate effectively with all levels of the Bank.
- Proficient writing skills – uses accurate word usage, grammar, spelling, and punctuation in all written correspondence. Writing style is clear and concise.
- Critical Thinking – must be able to use logic and reasoning to identify areas of risk and recommend solutions.
- Problem Solving – identifies and resolves problems timely and independently seeks resolutions.
- Teamwork – contributes to building a positive team spirit through daily communication with team members and contributions to strengthen the Compliance program.
- Strong analytical and research skills.
- Attention to detail and accuracy.
- Time-management and ability to meet deadlines.
- Initiative and self-motivated.
- Organized and thorough – must document and recollect any written or oral guidance provided to employees regarding compliance procedures or policies.
- Basic knowledge of Microsoft Outlook, Excel, Word, and PowerPoint.
- Must be able to learn and retain technical knowledge of:
- Bank operations
- Bank policies and procedures
- Applicable Federal and State Banking Laws
- Bank products and services
QUALIFICATIONS:
- High School diploma, GED or equivalent
- Associate or bachelor’s Degree in relevant field (preferred)
- 1 – 3 years of financial services industry experience
- Experience working in Bank Regulatory Compliance, Quality Control, or Internal Audit (preferred)
WORKING CONDITIONS:
- Constantly uses standard office equipment such as computers, phones, photocopiers, filing cabinets, calculators and fax machines.
- Availability to work during core bank operating hours (i.e. 8:00 am – 5:00 pm Monday through Friday). Additional hours will be required when necessary to meet department deadlines, including evenings and weekends.
- Occasionally requires local travel including offsite trainings and meetings.
- Regularly remains in a stationary position at least 50% of the time
- While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to handle or feel, and reach with hands and arms. The employee regularly is required to lift up to 15 lbs. and occasionally required to lift up to 25 lbs.
- Constantly moves to access supplies and equipment and to assist coworkers.
- Ability to multi-task, work in a fast-paced, changing environment and maintain a commitment to accuracy and timeliness. Able to adapt to evolving regulations and guidelines in order to assist the proactive maintenance of the Compliance Management Program.
- Ability to follow policies, procedures and written instructions, as well as verbal instructions or directions.
- Strong understanding and willingness to maintain the highest level of confidentiality.
BENEFITS:
- $21 - $30 per hour, eligible for performance-based bonuses and incentives
- Health, Dental, Vision Insurance
- Group Life Insurance 1x annual salary, 100% paid by the bank
- Long-Term Disability insurance, 25% paid by the bank
- Voluntary Life Insurance and Accidental Death and Dismemberment Insurance
- Flexible Spending Account (FSA) and Dependent Care Flexible Spending Account (DCFSA)
- Employee Assistance Program, Travel Assistance and Life Services Tool Kit
- Paid time off including Vacation, Personal and Sick leave
- Partially paid Parental Leave for eligible employees
- 401(k) with company match for eligible employees
DISCLAIMER:
The employee must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities.
FCB Banks retains the right to change or assign other duties to this position.
Equal access to programs, services and employment opportunities is available to all persons without regard to age, ancestry, citizenship, status, color, physical or mental disability, genetic information, marital status, military status, national origin, race, religion, sex (including pregnancy), sexual orientation, or any other basis protected by federal, state, and/or local law.
In accordance with the Americans with Disabilities Act and/or applicable state and local laws, applicants requiring reasonable accommodations for the application and/or interview process should notify the FCB Human Resources Department. Examples of reasonable accommodations include making a change to the application process; providing written materials in an alternate format such as braille, large print, or audio recording; using a sign language interpreter; using specialized equipment; or modifying testing conditions.
Applicants have rights under Federal Employment Laws
Equal Employment Opportunity Poster https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf
Equal Employment Opportunity Supplement https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
Family and Medical Leave Act (FMLA) https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/fmlaen.pdf
Employee Polygraph Protection Act https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf
Salary : $21 - $30
