Compliance Officer

3 weeks ago


Saint Joseph, Missouri, United States Gpac Full time
Compliance Officer Job Description

The Compliance Officer plays a critical role in ensuring the bank maintains a strong and effective compliance management system. This involves assessing the overall adherence to bank protection laws and regulations through periodic reviews of applicable processes and procedures.

Key Responsibilities:
  • Maintain current knowledge of BSA, AML, and OFAC regulations and all bank-related compliance regulations.
  • Use monitoring application systems, maintain investigation files, and conduct periodic assessments of departments for compliance.
  • Prepare BSA/AML Risk Assessment by identifying the risk profile of the Bank and analyzing the information to better assess the risks identified and mitigate any gaps in control.
  • Oversee the preparation, research, and filing of SARs and CTRs.
  • Serve on the Compliance Committee and the IT Steering Committee.
  • Assign and monitor annual BSA training and all other compliance training to Board and Employees.
  • Meet and discuss with Examiners and Auditors regarding the BSA program and compliance.
  • Review all projects for BSA and compliance-related issues.
  • Responsible for monitoring the effectiveness of the Identity Theft Program and providing updates to the Board of Directors.
  • Monitor all bank regulations and create/changing policies and/or procedures for new or updated regulations.
  • Monitor/changes of all disclosures for compliance with Federal and State regulations. Reviews product and service disclosures and advertising materials for compliance with applicable rules.
  • Conduct due diligence on new MSB applications, and establish and direct ongoing monitoring activities for those MSBs based upon risk.

This role requires a strong understanding of compliance laws, rules, and regulations, including consumer protection regulations, TRID-RESPA, UDAAP, FCRA, HMDA, etc. The ideal candidate will have a Bachelor's Degree, CRCM and/or CAMS certification, and 7-10 years of experience in banking with 3-5 years of compliance experience.

The bank offers an excellent compensation and benefits package, and a competitive salary and bonus incentive program. GPAC is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990.


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