Job Description

Assistant Compliance & CRA Officer

The Assistant Compliance & CRA Officer monitors and administers the Banks compliance program, supporting the Compliance & CRA Officer in ensuring alignment with applicable laws and regulations.

The ideal candidate for this position should possess strong analytical skills, attention to detail, and a solid understanding of compliance regulations. Excellent communication skills, a background in finance or law, and a collaborative, proactive approach will be essential to the Assistant Compliance & CRA Officers success. This role also involves developing training programs to educate team members on compliance responsibilities.

By ensuring compliance with laws and regulations, the Assistant Compliance & CRA Officer significantly contributes to the Banks integrity and reputation. This officer helps mitigate risks, fosters a culture of compliance, and supports the Banks mission to operate ethically and responsibly.

Essential Duties:

• Monitor and coordinate CRA activities, including goal management and reporting on a periodic basis.
• Provide support for ensuring the Banks compliance with the technical requirements of the Community Reinvestment Act including maintaining the Banks public comment file and required notices.
• Update, coordinate and monitor the Banks Fair Lending Program, such as policies, procedures, risk assessments, risk monitoring and management information systems, internal controls, and other related documentation and reporting.
• Periodically review and update of any other Compliance-related policies and procedures as required by regulatory agencies and applicable federal and state laws and regulations.
• Assist with monitoring and administering a compliance program that effectively reviews the various areas of the Bank for compliance.
• Provide support in coordinating with regulatory authorities, auditors and others to ensure that compliance issues are adequately addressed where and when appropriate.
• Monitor and administer of a comprehensive training program for the Banks policies and procedures, as well as all applicable federal and state laws and regulations.
• Administer a library of compliance resources. Collect and disseminate to appropriate staff information related to compliance and other topical subjects. Provide informational assistance to management and staff members.
• Review and revise of the Banks forms and disclosures for compliance with applicable laws and regulations. Work with counsel and others in developing contracts, forms and/or disclosures that meet the needs of the Bank and comply with all applicable laws and regulations.
• Assist with processes that ensure reports to federal and state regulatory agencies are complete and filed on a timely basis. Act as the backup contact for the regulatory agencies for issues relating to compliance.
• Assist with coordinating the completion of the Banks Risk Assessment to assist in determining risk levels of Bank functions for Compliance reviews and/or audit planning purposes.
• Prepare reports for the Boards Audit Committee on a quarterly basis.
• Assist other team members in processing legal service, levies, garnishments, etc.
• Assist the Compliance Officer, other officers, managers and employees in compliance related functions.
• Assume responsibility for special projects and tasks as assigned.

Minimum Requirements:

• Working knowledge of the operational innerworkings of financial institutions, including relevant laws, regulations, and best practices.
• Excellent communication skills and the ability to communicate effectively, verbally and in writing, with internal and external customers at all levels.
• A positive and proactive approach to work, demonstrating enthusiasm, adaptability, and the ability to maintain composure and professionalism in stressful or adverse conditions.
• Strong organizational skills and attention detail.
• Critical thinking skills and the ability to apply sound judgement in decision-making.
• Ability to accurately and quickly complete standard mathematical calculations, applying concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to analyze and interpret common and specialized financial reports.
• Proficient computer literacy, including comfort with Microsoft systems and Office Suite.
• Intermediate typing skills to meet the needs of this position.
• Current drivers license and reliable transportation with appropriate insurance coverage; additionally, the ability to drive occasionally in the course of performing assigned duties and responsibilities.
• The ability to work with minimal or no supervision.

Additional Qualifications:

• Relevant industry certifications strongly preferred.

Physical Demands and Work Environment:

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

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