Compliance Specialist

1 week ago


Downers Grove, Illinois, United States Old Second National Bank Full time
Job Overview

At Old Second National Bank, we're committed to putting our customers and employees first. As a Compliance Advisor, you'll play a critical role in ensuring our banking practices align with regulatory requirements and industry standards.

Key Responsibilities:

  • Maintain a deep understanding of banking laws, regulations, and regulatory guidance to ensure compliance with applicable banking laws and regulations.
  • Develop and implement effective internal controls, policies, and procedures to mitigate compliance risks.
  • Collaborate with business units to ensure thorough implementation of regulatory changes and updates.
  • Provide subject matter expertise and support to lines of business on loan origination compliance-related issues.
  • Assist with the completion of the Compliance Risk Assessment to identify residual risks facing the Bank.
  • Review and approve loan-related new products and/or services prior to launch.
  • Assist the Compliance Manager during internal audits and regulatory exams.

Requirements:

  • Bachelor's degree and three or more years of broad compliance or risk management centric experience in a financial institution setting, or specific loan origination compliance expertise.
  • Excellent written and interpersonal communication skills.
  • CRCM and/or ability and commitment to obtain.

What We Offer:

A hybrid onsite/remote work environment with flexibility to work from home, and a competitive compensation package.



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