What are the responsibilities and job description for the BaaS Compliance Analyst position at Old Missouri Bank?
Job Summary
OMB Bank is seeking a thriving individual to join our team as a BaaS Compliance Analyst. The BaaS Compliance Analyst plays a critical role in daily banking tasks related to oversight and completion of developing, implementing, and maintaining compliance programs for OMB’s BaaS and Third-Party programs. This includes adherence to all applicable financial regulations, including banking, anti-money laundering (AML), know your customer (KYC), data privacy and cyber security laws to name a few. The BaaS Compliance Analyst will report to the Director of BaaS Compliance. Works closely with the BaaS Team and helps the organization ensure that operational functions comply with relevant laws, regulations, and policies. Duties include identifying, reviewing, developing and execute the OMB’s BaaS Third-Party compliance strategy, upholding alignment with business objectives and regulatory requirements. Support the design of policies, procedures, and controls that ensure regulatory compliance across all BaaS/Third-Party operations, including customer onboarding, transaction monitoring, ongoing monitoring, and all third-party partnerships.
OMB Bank is seeking a thriving individual to join our team as a BaaS Compliance Analyst. The BaaS Compliance Analyst plays a critical role in daily banking tasks related to oversight and completion of developing, implementing, and maintaining compliance programs for OMB’s BaaS and Third-Party programs. This includes adherence to all applicable financial regulations, including banking, anti-money laundering (AML), know your customer (KYC), data privacy and cyber security laws to name a few. The BaaS Compliance Analyst will report to the Director of BaaS Compliance. Works closely with the BaaS Team and helps the organization ensure that operational functions comply with relevant laws, regulations, and policies. Duties include identifying, reviewing, developing and execute the OMB’s BaaS Third-Party compliance strategy, upholding alignment with business objectives and regulatory requirements. Support the design of policies, procedures, and controls that ensure regulatory compliance across all BaaS/Third-Party operations, including customer onboarding, transaction monitoring, ongoing monitoring, and all third-party partnerships.
OMB Bank is a quickly growing, fast-paced $1.7 billion financial institution. The ideal candidate would have experience working for institutions of equal or greater size and be able to adapt quickly as new projects are presented, while maintaining existing compliance program.
Primary Work Location and Schedule:
- Hybrid work environment: schedule can require a combination of on-site and home office hours.
- On-site: 3110 S Delaware Ave, Springfield MO 65804
- 8:00 am - 5:00 pm Monday – Friday; occasional additional hours as needed.
- Full-time – 40 hours per week average
- Travel may be required throughout OMB footprint.
Position Requirements:
- Bachelor’s degree (BA) or equivalent from a four-year college or university in a business-related field or equivalent experience
- Four or more years’ previous experience in banking/finance regulatory compliance preferred.
- Advanced knowledge of the federal, state, and other governing agencies regulations and requirements related to bank processing and transaction monitoring.
- Disciplined in protecting and managing highly confidential information/material.
- Effective time management skills (capable of managing and prioritizing multiple tasks)
- Remain professional, composed, and assertive, including high pressure situations; display a sense of urgency as needed to ensure requests are completed within expected timeframes/service level agreement.
- Demonstrated self-motivation; productive, efficient, organized, accurate work output with no supervision while working independently and within a team environment.
- Excellent verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.
- Ability to apply strategic planning, activity coordination, and problem-solving techniques to complex issues of multiple facets and variables in non-standardized situations.
Benefits:
- Excellent work environment where you are appreciated and recognized for your individual efforts and contributions.
- Stability with a locally owned community bank that is growing and expanding in the region.
- Paid Leave: Paid Time Off, Military, Bereavement, and Jury Duty
- Full and partially paid insurance plans: life w/ AD&D, disability, medical, and dental
- Cost friendly insurance: vision, critical illness, accident, supplemental life w/ AD&D
- 100% match of retirement savings (up to plan limit)
- Discounted financial service fees on select OMB products and services.
- Plus, more
Futures made brighter. Banking made better.
OMB Bank was founded in 1999 with a commitment to excellence in service. We offer our customers the latest in banking products and services combined with old-fashioned customer service. We are committed to giving our employees the kindness, courtesy, and professionalism they deserve. This philosophy has resulted in our growth from one bank in Springfield to nine branches in Springfield and surrounding communities in Missouri and Kansas.
Disclaimer:
The above description relates the general nature and level of work performed by people assigned to this classification. It is not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform tasks outside of their regular responsibilities from time to time, as needed.
EOE/VETERANS/DISABLED E-VERIFY EMPLOYER
