What are the responsibilities and job description for the Compliance Associate position at Salem Five Bank?
Salem Five Bancorp is the parent company of Salem Five, a Massachusetts-headquartered bank with $5 billion in assets. Salem Five offers retail and commercial banking products and services through innovative technology solutions. The bank believes in simplifying money matters to make customers' lives easier, with access to banking services online, mobile, at ATMs, offices, and more.
This is a full-time Compliance Associate role located in Beverly, MA. The Compliance Associate will be responsible for managing regulatory compliance, ensuring legal compliance, utilizing analytical skills, and maintaining effective communication related to compliance matters.
- Compliance Management and Regulatory Compliance skills
- Analytical Skills for assessing compliance issues
- Legal Compliance knowledge and ability to interpret regulations
- Strong Communication skills for internal and external compliance reporting
- Attention to detail and ability to work independently
- Experience in the banking or financial industry preferred
- Bachelor's degree in Business, Finance, Law, or related field