GENERAL DESCRIPTION OF POSITION
Under general supervision, but following existing policies and procedures as well as all applicable banking laws and regulations, including BSA and AML, is responsible for assisting in reviewing legislative affairs, legal review, and regulatory compliance for the entire organization. Participates in the formulation, development, and recommendation of policies and procedures for the bank as they relate to regulatory compliance. Interacts with all bank officers, managers, and staff ensuring communication and understanding regulatory compliance matters.
ESSENTIAL DUTIES AND RESPONSIBILITIES
1.Works with other associates to ensure that current bank policies and procedures are accurate, current, and in compliance with all relevant regulations and statutes. This duty is performed as needed, about 10% of the time.
2.Completes compliance monitoring according to the compliance monitoring schedule to review and confirm current policies, procedures, and activities in regards to acceptable rules, regulations, and statutes. This duty is performed daily, about 10% of the time.
3.Responsible for specific monitoring of data compiled by other departments within the bank to ensure compliance with various laws and regulations as well as reporting results to management. This duty is performed daily, about 30% of the time.
4.Responsible for compiling and organizing the specific data required by department management to assist with determining overall performance of the compliance management system. This duty is performed daily, about 20% of the time.
5.Responsible for following up with items related to departmental monitoring and compliance monitoring to ensure proper implementation of corrective action. This includes but is not limited to the implementation of new or updated policies and procedures, insuring corrective action when needed, and provided needed training. This duty is performed daily, about 15% of the time.
6.Assists the Compliance department management with special projects including tracking tasks needed to complete projects. This may also include backing up other Compliance staff. This duty is performed as needed, about 10% of the time.
7.Monitors and disseminates information on regulatory matters affecting the bank as directed by Compliance management. This duty is performed as needed, about 5% of the time.
8.Perform any other related duties as required or assigned.
EDUCATION AND EXPERIENCE
Broad knowledge of such fields as advanced accounting, marketing, business administration, finance, etc. Equivalent to four years of college, plus 7 to 11 months related experience and/or training. Or equivalent combination of education and experience.
REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS
A valid motor vehicle licenses and/or the ability to travel to all banking center locations on an as needed basis is required.
The following physical activities 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 and expectations.
Moderate diversity, low physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which are not as varied as those positions with high-level diversity and decision-making.
While performing the functions of this job, the employee is regularly required to sit; frequently required to use hands to finger, handle, or feel, talk or hear; and occasionally required to stand, walk, reach with hands and arms, climb or balance, stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision; distance vision; and color vision.
Monday - Friday 8:00am-5:00pm
Total Hours Per Week 40 Hours
Job Grade: 10
Great Southern Bancorp, Inc.