What are the responsibilities and job description for the Compliance Officer position at The Commercial & Savings Bank?
The Commercial & Savings Bank (CSB) has been an independent community bank for 145 years, with 17 locations across Holmes, Medina, Stark, Tuscarawas, and Wayne counties. CSB is recognized as a top employer in our region as an eight-year winner of the NorthCoast 99 award (www.northcoast99.org), which recognizes the 99 best employers for top talent in Northeast Ohio.
This full-time position is located on-site at our Operations Center, in Millersburg, Ohio. In addition to a competitive base wage, CSB offers a wide variety of employee benefits listed below.
Summary: Oversees adherence of establishment's policies and procedures to federal and state laws and regulations.
Essential Functions: Essential duties and responsibilities include the following; however, other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This full-time position is located on-site at our Operations Center, in Millersburg, Ohio. In addition to a competitive base wage, CSB offers a wide variety of employee benefits listed below.
Summary: Oversees adherence of establishment's policies and procedures to federal and state laws and regulations.
Essential Functions: Essential duties and responsibilities include the following; however, other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Prepare and update, as necessary, Bank regulatory policies and procedures addressing each regulation to ensure compliance with laws and regulations.
- Stays informed of changes to federal and state banking laws and regulations affecting the management, operations, and product offerings of the Bank. Coordinates the implementation of changes required.
- Maintain a proficient knowledge of banking regulations.
- Act as compliance liaison with Bank legal counsel regarding regulatory compliance and contract issues.
- Coordinates, supervises, and supports compliance management program, including compliance training, distribution of information, and monitors Bank records for compliance.
- Review loan files and report the levels of compliance to the loan policy and to the law by portfolio and by officer.
- Review procedures and Bank disclosures of all products to ensure compliance with laws and regulations.
- Approve advertisements and marketing materials after review to all applicable regulations.
- Present quarterly compliance summaries to the Board of Directors.
- Assist collection department as needed.
- Serve as Community Reinvestment Act (CRA) Officer and Financial Privacy Officer.
- Liaison with regulatory examiners.
- Demonstrates a commitment to CSB’s vision, mission, and core values and seeks to align one’s behavior in such a way that gives these foundational principles the best chance at becoming a reality.
Education: A high school diploma or General Education Degree (GED) is required. A four-year degree in a related field is preferred. A minimum of one year of related work experience; or equivalent combination of education and experience.
Summary of Employee Benefits:
- Competitive base wage
- Incentive compensation and profit sharing
- Comprehensive benefits including medical, dental, vision, short- and long-term disability, and group life insurance – (plan and/or benefits eligibility requirements apply)
- Paid time off for vacation, illness, bereavement, and jury duty
- 401(k) with an employer match and on-site advisers
- Employee Assistant Program (EAP) with free access to mental health resources
- Comprehensive wellness program with financial incentives to promote a healthy lifestyle
- Training and professional development opportunities to help you reach your long-term goals
- Paid holidays available immediately upon hire
- Volunteerism opportunities to give back to our local communities
The Commercial & Savings Bank is an Equal Opportunity Employer.
