Job Description

Summary The Compliance Officer is responsible for ensuring the bank operates in accordance with relevant laws, regulations, and internal policies, managing compliance risks, developing and enforcing policies, conducting reviews, and providing guidance to protect the bank from legal and reputational risks. Serving as compliance support for all areas within the banks, this position assists the Director of Compliance in implementing responsibilities outlined in the Compliance Program. This role requires strong compliance management, leadership, cooperation, and communication skills, both oral and written. The ideal candidate will possess a thorough understanding of compliance regulations and be capable of effectively helping management interpret and apply these regulations to bank operations. This position also requires creativity, solid risk management principles, and currently may involve supervisory responsibilities, supporting the Dickinson Financial banks. Responsibilities Monitor updates to banking laws and regulations to ensure the bank compiles with new requirements. Oversee the compliance management testing program and assist with conducting compliance reviews of banking operations to assure adherence to regulations and internal policies. Manage compliance matters related to fintech and third-party partnerships. As guided by the Director of Compliance, work with assigned business unit leaders to establish comprehensive compliance risk assessments that consider every line of business, product/service offering, geographic locations, customers, and operations for the full scope of regulations identified in the banks' Compliance Policy For assigned business units, ensure that a comprehensive system of compliance controls is in place, documented, and operating effectively. Where weaknesses in the control structure are identified, work proactively with management to implement appropriate remediation actions and strengthen controls. Assist as directed in the design and delivery of an effective compliance training program throughout the organization that delivers training on both technical regulatory requirements as well as on internal processes and procedures in place to ensure compliance. Engage in partnership with assigned business unit leaders to support the business unit's ownership and management of compliance risks within the business unit. Assist as directed in providing compliance expertise, analysis, and support for assigned new product/service initiatives and assigned changes to existing products and/or services, including review of customer-facing and internal documentation, vendors, systems, training, reporting associated with product and service offerings. Conduct compliance reviews of marketing materials as assigned. Respond to requests for compliance research, interpretation, and analysis within parameters of departmental service level agreements as assigned. Assist as directed in all compliance activities of the banks' Regulatory Change Management process as documented in the banks' Compliance Program. Assist as directed in the administration of all departmental records, procedures, and programs on the department's shared drive folders and Intranet pages. Assist as directed in compiling all compliance practice activities for Board and management reporting on schedules set by Director of Compliance. Serve on committees, task forces, and work teams as directed by the Director of Compliance. Maintain current knowledge of laws, regulations, bank policies and procedures applicable to the job assignment. Skills A strong understanding of banking laws and regulations. The ability to review documents, processes, and regulations to ensure full compliance and spot potential risks. Proficiency in identifying, assessing, and mitigating regulatory and reputational risks within the bank's operations. The ability to quickly adjust to changing regulatory environments and manage evolving compliance challenges. Strong verbal and written communication skills, including the ability to explain complex regulatory issues in an easily understood manner. Ability to manage multiple projects with competing priorities effectively. Strong working knowledge of major business lines and business units of the banks. Strong reading ability and compliance research skills. Strong attention to details in all job functions. Exhibit superior problem-solving skills and techniques, including initiative and creativity in the key job functions within the department. Ability to work proficiently with a computer, especially MS Office products, database software, and bank core systems. Ability to work independently and as a team member to reach goals. Capable of following limited, conceptual instruction with minimal supervision. Education & Experience Bachelor's degree preferred. Certification as a Certified Regulatory Compliance Manager (CRCM) or ability to sit for and pass the certification exam to achieve CRCM certification within the first 12 months in the job. 5+ years of banking and compliance experience required with specific background in internal or external audits, understanding of how to conduct compliance reviews and root cause analysis. 2+ years management/supervisory experience required Experience with fintech and third-party partnerships preferred. Physical Requirements The work environment is typical of a standard office or retail banking setting. The position is sedentary, involving sitting most of the workday; however, the position will involve moving about the workspace to reach entrances/exits, restrooms, conference rooms, or other areas within the work environment. Reaching may be required involving the ability to move arms in any direction. Office equipment, such as a computer and telephone, will be used requiring the ability to manipulate a keyboard, mouse, and/or keypad. The ability to decipher a computer screen or written documents is necessary. The ability to express or exchange ideas; impart information to clients, coworkers, or the public; or to convey detailed or important instructions; is required. The ability to receive and understand detailed information shared through oral or written communication is required. Compensation & Benefits The Compliance Officer position pays a minimum of $75,000. Full-time associates are eligible for our benefits package: Medical Dental Vision 401(k) plan Company paid life insurance Short and Long-term disability insurance Company paid vacation, paid leave and holidays This position will remain open until a qualified applicant is hired. Academy Bank

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