PRIMARY RESPONSIBILITIES

• Perform compliance/regulatory/legal related research as requested by staff and management
• Keep abreast of new and changing regulatory developments/industry best practices and communicate to management; interpret and analyze regulatory requirements and industry best practices; develop implementation strategies as they relate to new or revised regulations or industry best practices
• 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
• Monitor ongoing issues for completion and remediation
• Advise and consult with Management and the Compliance Committee on risk factors and industry best practices
• Assist Management with risk mitigation activities including various risk assessments and insurance activities

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
• Well-developed computer and technology skills, including Microsoft Office products
• Must be able to plan, organize and prioritize work to meet deadlines
• Ability to work independently with limited guidance

Competitive salary and benefit package.

• Bachelor’s degree in Business or a related field or an equivalent level of knowledge, skills and abilities typically acquired through work experience
• 2-5 years’ experience with a bank/credit union or other financial institution preferred with responsibilities for compliance with laws and regulations as well as audit as it applies to banks and other financial institutions