Compliance Risk Analyst

2 weeks ago


Fishers, Indiana, United States First Internet Bank Full time

About Us:

At First Internet Bank, we are pioneers in the online banking sector, having established ourselves as the first state-chartered, FDIC insured bank to operate entirely online since 1999. Our commitment to innovation and excellence drives us to seek individuals who are not afraid to challenge the conventional.

Position Overview:

The Regulatory Compliance Specialist plays a vital role in our organization by coordinating and executing comprehensive compliance monitoring reviews. This position is essential for ensuring adherence to all relevant federal and state banking regulations across various business lines.

Key Responsibilities:

  • Implement and oversee risk-based compliance monitoring reviews in alignment with the Bank's Compliance Management Program.
  • Conduct analyses related to fair lending practices.
  • Assist with the reporting and validation processes for CRA, HDMA, and Dodd-Frank Rule 1071.
  • Review marketing and promotional materials for compliance adherence.
  • Provide ongoing support and guidance for daily compliance inquiries.
  • Engage in compliance-related committees, audits, and examinations.
  • Foster strong relationships with various business units to ensure compliance integration.
  • Stay informed on regulatory changes and expectations through research and professional development opportunities.
  • Analyze and implement necessary adjustments to compliance programs based on evolving regulations and industry trends.
  • Perform additional duties as required.

Qualifications:

  • Minimum of three years of experience in regulatory compliance within the banking sector.
  • Thorough understanding of banking regulations is essential.
  • Proficiency in MS Excel is required.
  • Familiarity with compliance software such as PC Lender, RiskExec, or DNA is advantageous.
  • Exceptional attention to detail and strong analytical skills.
  • Ability to manage complex tasks and analyses effectively.
  • Strong verbal and written communication skills.
  • Self-motivated with the ability to work independently.
  • Capability to handle multiple requests simultaneously.
  • CRCM or similar compliance certification is preferred.

Work Environment:

  • Professional office atmosphere.
  • Primarily a sedentary role requiring extended periods of computer use.
  • Ability to navigate the office environment to gather or relay information.
  • Must be able to fulfill the essential functions of the role with or without reasonable accommodation.


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