Compliance Officer
4 weeks ago
About the Organization
We are a community bank rooted in history and positioned for the future.
We provide a full array of deposit, savings, and lending services for individuals and businesses.
Our customers can access their accounts and manage their money anytime, on the go.
We are committed to employing highly-motivated people who value customer care, professionalism, and team success.
EOE Statement
Savings Bank of Danbury is an equal employment opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
Job Summary
The Banking Compliance Officer will work with the Chief Compliance Officer to manage the Bank's Compliance Management System (CMS).
Key Responsibilities
- Monitor regulatory changes and document the implementation of applicable changes
- Prepare an annual Compliance Risk Assessment and review Risk Assessments prepared by other departments
- Perform compliance monitoring and issue reports
- Manage the annual review of all Bank Policies
- Maintain the Bank's Compliance Procedures
- Coordinate with third party compliance advisors
- Provide compliance training to Bank staff
- Follow up on audit and examination findings and corrective action
- Perform flood insurance reviews in real time
- Approve revisions to compliance-related disclosures
- Partner with the CRA Officer
Requirements
College degree is preferred
CRCM is preferred
Experience in managing a bank Compliance Program
Knowledge of lending, deposit, and enterprise wide Federal bank compliance regulations
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