Compliance Analyst I

Description

JOB SUMMARY

Assists the Chief Compliance & Corporate Affairs Officer in enhancing the compliance monitoring and testing program by
identifying, measuring, monitoring, mitigating compliance risk by performing quality control reviews. Assist in CRA and Fair
Lending monitoring with Federal and state statues by mitigating compliance risk. In addition, perform Federal Deposit Insurance
Corporation Improvement Act (FDICIA) testing.

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be
required to perform other related duties as assigned.

• Assist the Chief Compliance & Corporate Affairs Officer in preparing and administering the Bank’s CRA Program. This includes researching, analyzing, and interpreting all applicable regulations and statues pertaining to CRA.
• Ensure compliance with the CRA data collection, reporting and disclosure requirements.
• Coordinate, document and review CRA lending, investment and service activities.
• Perform a periodic review of the Bank’s assessment area to ensure reasonableness of delineation.
• Maintain the Bank’s CRA Public File by ensuring disclosures are current, accurate and made available when required.
• Partner with Bank Management to identify opportunities for CRA Investments, Donations, Community Development Loans and Services.
• Periodically support the program to ensure compliance with HMDA data collection, reporting and disclosure requirements.
• Periodically support Fair Lending analysis of lending and denial activity to document for fair lending risks.
• Perform compliance quality control reviews to evaluate conformance with consumer protection laws and regulation and identify opportunities to improve performance and services.
• Assess the effectiveness of internal control over financial reporting (FDICIA) including regulatory reporting as of the fiscal year end.
• Perform quality control reviews on mortgage files to meet the requirements of all secondary market investors including Fannie Mae, FHA and HUD.
• Perform annual reviews of Fiduciary Accounts (Trust) pursuant to Regulation 9.
• Works on projects or additional responsibilities as assigned by the Chief Compliance & Corporate Affairs Officer.
• Complies with all federal and state laws and regulations, and all established bank policies and procedures
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML

Qualifications

QUALIFICATIONS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory
performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to
perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

•  A self-starting team player with a bachelor’s degree in business, accounting or a related field (relevant work experience
• may be substituted for degree requirement).
• Must possess a minimum of three-year financial institution compliance or lending experience (Intermediate experience,
• knowledge in operational lending activities and terminology is preferred).
• Knowledge of related bank operational policies and procedures and bank products and services.
• Intermediate-level knowledge of the Community Reinvestment Act.
• Must be proficient in Microsoft Office (Word, Excel, PowerPoint).
• Strong interpersonal and communication skills are required for maintaining effective relationships with employees and
• bank management.
• Attention to detail, mental concentration, and ability to multi-task are essential for accurately performing tasks while
• handling numerous interruptions.
• Assist with CRA examination preparation and support.

ORGANIZATION

• This position reports to the Chief Compliance & Corporate Affairs officer
• This position does not oversee other positions

TRAINING REQUIREMENTS

All employees are required to attend scheduled mandatory trainings and complete online regulatory compliance training courses applicable to their specific job function. In all situations, employees must ensure that their actions fully comply with all federal banking laws and regulations, including internal bank policies and procedures. Failure to adhere to these requirements will be grounds for disciplinary action, including probation and possible termination.

COMMUNITY INVOLVEMENT

Lone Star National Bank’s Mission Statement includes a commitment to helping our communities grow by serving them with pride and integrity.  All employees are encouraged to volunteer for bank sponsored activities, civic, charitable and community events and to be active in the communities we serve.

ATTENDANCE

Punctuality and regular attendance should be regarded as essential functions of any position at Lone Star National Bank.

Among other things, "good attendance habits" mean the following:

• Be at your work station ready for work by the start of each workday
• Remain at your work station, unless the needs of the job require being elsewhere, except during authorized breaks (including restroom breaks)
• Take only the time normally allowed for breaks
• Call in and notify your supervisor or another member of management if you are going to be either absent or tardy
• Alternate work arrangements such as telecommuting or working from home are not permitted by Lone Star National Bank

LSNB is an Equal Opportunity/Affirmative Action Employer and does not discriminate in the recruitment, hiring, and conditions of employment on the basis of race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, marital status, disability, age, veteran status, or any other status as protected by applicable laws.

Management reserves the right to change this position description at any time according to business needs.