Compliance Analyst - Fair Lending & Quality Assurance
Apply NowCompany: First National Bank Alaska
Location: Anchorage, AK 99504
Description:
Compliance Analyst - Fair Lending & Quality Assurance
Start a career with First National Bank Alaska, the *Best Place to Work in Alaska* as recognized nine years in a row by Alaska Business magazine readers.
Now Hiring a Compliance Analyst to Join our Community Development Team!
Our Community Development Team in the Fair Lending and Quality Assurance Section compiles and reviews information from across nearly every bank area for management and regulatory reporting under CRA and HMDA. This critical position researches ever-changing regulations, helps solve problems, ensures compliance and identifies areas where the bank can provide additional training or improve processes.
Salary: $76,749/year minimum. Job/salary offer would be commensurate with experience.
Schedule: Monday-Friday
GENERAL PURPOSE SUMMARY
Ensures standard bank practices comply with local, state, and Federal regulations by assisting a designated bank compliance officer in the administration of the designated compliance management program and by performing the following essential duties and responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Assist designated bank compliance officer in the administration of the designated compliance management program. Assists in the preparation and maintenance of the bank's compliance risk assessment(s). Works directly with branch and department managers to assist in the implementation of compliance management practices and the interpretation of banking regulations. Assists with formulation of procedures to comply with bank policy and federal regulation. Researches complex regulatory questions related to the designated compliance management program. Communicates with federal examiners and coordinates bank's response to compliance examination(s). Initiates and/or completes special project analysis as requested; and approves forms, advertisements, and procedures prior to implementation or release, as applicable. Performs specific compliance reviews based on risk assessment of regulatory requirements; and analyzes results and recommends corrective action. Serves as a subject matter expert and assists others to employ automated compliance management tools. Performs other work-related duties as assigned by supervisor.
QUALIFICATION REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
EDUCATION and/or EXPERIENCE:
Minimum: Bachelor's degree in business or related field and three years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or five years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or equivalent combination of education/training and experience.
Preferred: Bachelor's degree in business or related field and four years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or six years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or equivalent combination of education/training and experience. One-year bank compliance experience.
SKILLS and ABILITIES:
Word processing and spreadsheet software experience required. Ability to handle frequent deadlines and time constraints required.
LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from managers, customers, and the general public.
MATHEMATICAL SKILLS:
Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
REASONING SKILLS:
Ability to define problems, collect data, establish facts, and draw valid conclusions and make recommendations based on those conclusions. Ability to interpret an extensive variety of technical regulatory or legal instructions in text, mathematical or diagram form and deal with several variables. Ability to analyze and evaluate bank processes and systems with respect to regulatory requirements.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms. The employee is frequently required to talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job includes close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
WORKING CONDITIONS
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
The noise level in the work environment is usually quiet.
Start a career with First National Bank Alaska, the *Best Place to Work in Alaska* as recognized nine years in a row by Alaska Business magazine readers.
Now Hiring a Compliance Analyst to Join our Community Development Team!
Our Community Development Team in the Fair Lending and Quality Assurance Section compiles and reviews information from across nearly every bank area for management and regulatory reporting under CRA and HMDA. This critical position researches ever-changing regulations, helps solve problems, ensures compliance and identifies areas where the bank can provide additional training or improve processes.
Salary: $76,749/year minimum. Job/salary offer would be commensurate with experience.
Schedule: Monday-Friday
GENERAL PURPOSE SUMMARY
Ensures standard bank practices comply with local, state, and Federal regulations by assisting a designated bank compliance officer in the administration of the designated compliance management program and by performing the following essential duties and responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
QUALIFICATION REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
EDUCATION and/or EXPERIENCE:
Minimum: Bachelor's degree in business or related field and three years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or five years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or equivalent combination of education/training and experience.
Preferred: Bachelor's degree in business or related field and four years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or six years' progressively responsible experience interpreting or analyzing regulations, doing legal research, audit, or banking related compliance; or equivalent combination of education/training and experience. One-year bank compliance experience.
SKILLS and ABILITIES:
Word processing and spreadsheet software experience required. Ability to handle frequent deadlines and time constraints required.
LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from managers, customers, and the general public.
MATHEMATICAL SKILLS:
Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
REASONING SKILLS:
Ability to define problems, collect data, establish facts, and draw valid conclusions and make recommendations based on those conclusions. Ability to interpret an extensive variety of technical regulatory or legal instructions in text, mathematical or diagram form and deal with several variables. Ability to analyze and evaluate bank processes and systems with respect to regulatory requirements.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms. The employee is frequently required to talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job includes close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
WORKING CONDITIONS
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
The noise level in the work environment is usually quiet.