What are the responsibilities and job description for the Corporate Deputy Compliance Officer position at Hometown Community Bank?
Make the change and be the difference. Take ownership at MCB!
Established in 1960 with just one location in Morton, IL, Morton Community Bank (MCB) has grown to over 500 employees, 53 branch locations and over $5 billion in assets! We pride ourselves on our dedicated service to our customers and our communities, while placing much value on our internal assets, our employees. Each MCB employee OWNS a portion of the bank with our ESOP (Employee Stock Ownership Plan). The ESOP has proven to be a substantial benefit to employees upon retirement.
Enjoy the Benefits of working at MCB!
Employee Paid Voluntary Benefits: Medical, Dental, Vision, Short-Term Disability, HSA, FSA, 401k.
MCB Paid: Life and AD&D Insurances and Long-Term Disability, Vacation Days, Personal Days, and Paid Holidays.
Job Summary
Partner with the Chief Compliance Officer in monitoring and executing the overall consumer compliance program and consumer compliance strategy of the Bank
Essential Duties & Responsibilities
· Ongoing review, implementation, maintenance and administration of the Compliance Program
· Provide day-to-day support and guidance to the Compliance team through review of day-to-day work and serve as a resource when questions arise
· Develop and adjust, as needed, the compliance review schedule
· Assign routine and special tasks to the compliance staff
· Maintain current knowledge of current, new, and/or amended consumer compliance regulations
· Monitor the regulatory environment through reading, research, networking, in order to help prepare and protect the Bank from any increased scrutiny that may be developing
· Participate in Bank and Compliance related governance and oversight meetings, as required
· Serve as back-up compliance officer
· Complete compliance risk assessments, monitoring, reviews and audits
· Work with Bank departments to answer routine questions and provide support when implementing new or redesigned products, policies and procedures to ensure regulatory compliance requirements are maintained
· Assist in the preparation and execution of consumer compliance related exams and audits
· Assist with special projects such as mergers and acquisitions
Supervisory Requirements
Personnel Management: Responsibilities include interviewing, hiring, and training employees; planning, assigning, and
directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Process Management: Carries out supervisory responsibilities in accordance with the bank’s policies and applicable laws.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· The physical activities of this position may include climbing, reaching, standing, lifting, talking, hearing and performing repetitive motions.
· Medium exertion; exerting up to 50 pounds of force occasionally, and or up to 20 pounds of force frequently, and or up to 10 pounds of force constantly to move objects.
· The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; viewing a computer terminal.
Work Environment
The work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· The noise level in the work environment is usually moderate.
· Employees, who work 7 ½ continuous hours or more, must take a 30 minute uninterrupted lunch break no later than 5 hours after beginning their work day
Education and Qualifications
Essential:
· High school diploma or equivalent
· Bachelor’s degree or related field or equivalent education or experience
· BSA and other Bank related training through BAI is required annually
Desirable:
· Completion of a foundational compliance school
Experience
Essential:
· Five or more years in field or closely related area
· Knowledge of customer service principles
· Relevant computer skills
Desirable:
· One or more years of supervisory experience
· Two or more years compliance work at an institution with at least $1 billion in assets
Licenses and Certifications
Essential:
Desirable: Certified Regulatory Compliance Manager (CRCM)
This job description is not an employment contract, implied or otherwise; therefore, employment relationship remains "at-will."
