Compliance Risk Analyst

1 week ago


Fishers, Indiana, United States First Internet Bank Full time

Company Overview:

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

Position Summary:

The Regulatory Compliance Specialist plays a vital role in our organization by overseeing and executing risk-based compliance assessments and providing advisory support across various business sectors. This position is essential for ensuring adherence to all relevant federal and state banking regulations.

Key Responsibilities:

  • Lead the coordination and execution of risk-based compliance assessments in line with the Bank's Compliance Management Program.
  • Conduct analyses related to fair lending practices.
  • Assist in the review and validation of reports for CRA, HDMA, and Dodd-Frank Rule 1071 for annual submissions.
  • Evaluate compliance of marketing and promotional materials.
  • Offer guidance on daily compliance matters.
  • Engage in various compliance committees, audits, and examinations.
  • Build and maintain strong relationships with different business units.
  • Stay informed about the regulatory landscape through research, seminars, and discussions with industry peers.
  • Assess and implement modifications to compliance programs based on new regulations and industry trends.
  • Perform additional duties as required.

Qualifications:

  • Minimum of three years of experience in banking regulatory compliance.
  • Comprehensive understanding of banking regulations is essential.
  • Proficiency in MS Excel is required.
  • Familiarity with tools such as PC Lender, RiskExec, and/or DNA is preferred.
  • Exceptional attention to detail.
  • Strong analytical and problem-solving abilities.
  • Capability to organize and execute complex analyses and tasks.
  • Ability to interpret intricate laws and regulations.
  • Excellent verbal and written communication skills.
  • Self-motivated and able to work independently.
  • Adept at managing multiple requests simultaneously.
  • CRCM or similar bank regulatory compliance certification is preferred.

Work Environment:

  • Professional office environment.
  • Primarily a sedentary role requiring extended periods of computer work.
  • Ability to navigate the office to gather or communicate information.
  • Must be capable of performing essential job functions with or without reasonable accommodation.


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