Skip to main content
Compliance Officer/Internal Auditor
Blind Posting
n/a
Job Description
A $285 million bank with 10 branches in communities in central Minnesota, has an immediate opening for a full-time Compliance Officer/Internal Auditor in our Corporate Office.

Primary Responsibilities

Compliance Officer:

  • Serve as the Compliance Officer, BSA Officer, Security Officer, Community Reinvestment Act Officer and Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act Officer; Chairperson of the Compliance Committee
  • Perform compliance/regulatory/legal related research as requested by staff and management
  • Keep abreast of new and changing regulatory developments and communicate to management; Interpret and analyze regulatory requirements; Develop implementation strategies as they relate to new or revised regulations
  • Develop and administer a risk-based compliance review program; provide recommendations for enhancements to the compliance programs based on review results; Report results to management and the Board of Directors
  • Provide guidance and recommendations regarding compliance related procedures and disclosures; Review and approve procedures and disclosures with compliance related implications
  • Develop and maintain records to demonstrate the Bank’s efforts for Community Reinvestment Act compliance
Internal Auditor:
  • Develop and maintain Audit Policy, submitting for Board of Directors review and approval
  • Develop and administer a risk-based audit program; provide conclusions and recommendations for enhancements to controls and processes based on audit results to address the root-cause of issues identified; Report results to management and the Board of Directors
Education & Experience
Major Skills and Competencies
  • Ability to comprehend and operationalize complex and ever changing laws and regulations
  • Extensive knowledge of the audit processes for compliance and non-compliance related banking activities
  • Well-developed skills in verbal and written communication
  • Comfortable working in a complex, competitive, and rapidly changing environment
  • Must be able to plan, organize and prioritize work to meet deadlines
  • Ability to work independently with limited guidance
Minimum Qualifications
  • Bachelor’s degree in Business or a related field or an equivalent level of knowledge, skills and abilities typically acquired through work experience
  • 5 years’ experience with a bank/credit union or other financial institution with responsibilities for compliance with laws and regulations as well as audit as it applies to banks and other financial institutions
About
Competitive salary and benefit package.
How to Apply
Please send resumes to MBA Employment Opportunities Program and reference MBA File H-6369.
MBA Job number/Date Added
JobtitleApplyBlindadDateaddedEducFilenumJobdescAbout
Compliance Officer/Internal Auditor Please send resumes to MBA Employment Opportunities Program and reference MBA File H-6369.True3/14/2019Major Skills and Competencies
  • Ability to comprehend and operationalize complex and ever changing laws and regulations
  • Extensive knowledge of the audit processes for compliance and non-compliance related banking activities
  • Well-developed skills in verbal and written communication
  • Comfortable working in a complex, competitive, and rapidly changing environment
  • Must be able to plan, organize and prioritize work to meet deadlines
  • Ability to work independently with limited guidance
Minimum Qualifications
  • Bachelor’s degree in Business or a related field or an equivalent level of knowledge, skills and abilities typically acquired through work experience
  • 5 years’ experience with a bank/credit union or other financial institution with responsibilities for compliance with laws and regulations as well as audit as it applies to banks and other financial institutions
H-6369A $285 million bank with 10 branches in communities in central Minnesota, has an immediate opening for a full-time Compliance Officer/Internal Auditor in our Corporate Office.

Primary Responsibilities

Compliance Officer:

  • Serve as the Compliance Officer, BSA Officer, Security Officer, Community Reinvestment Act Officer and Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act Officer; Chairperson of the Compliance Committee
  • Perform compliance/regulatory/legal related research as requested by staff and management
  • Keep abreast of new and changing regulatory developments and communicate to management; Interpret and analyze regulatory requirements; Develop implementation strategies as they relate to new or revised regulations
  • Develop and administer a risk-based compliance review program; provide recommendations for enhancements to the compliance programs based on review results; Report results to management and the Board of Directors
  • Provide guidance and recommendations regarding compliance related procedures and disclosures; Review and approve procedures and disclosures with compliance related implications
  • Develop and maintain records to demonstrate the Bank’s efforts for Community Reinvestment Act compliance
Internal Auditor:
  • Develop and maintain Audit Policy, submitting for Board of Directors review and approval
  • Develop and administer a risk-based audit program; provide conclusions and recommendations for enhancements to controls and processes based on audit results to address the root-cause of issues identified; Report results to management and the Board of Directors
Competitive salary and benefit package.