Compliance Specialist

Job Description:

This remote position can be located in South Dakota, Minnesota, or Iowa.

The Compliance Specialist supports employees with compliance inquiries, reviews marketing materials for regulatory adherence, and monitors consumer complaints. Regular duties also include assisting with compliance reviews across business units and managing daily administrative tasks within the department.

Qualifications: This person should have a bachelor’s degree and a minimum of one year of experience in a banking-related field, preferably in areas such as compliance, audit, mortgage servicing, lending, or retail products. The individual must have strong communication skills, along with demonstrated analytical and problem-solving skills.  This position requires advanced knowledge of Microsoft Office applications.

Principal Responsibilities:

• Assist in providing guidance to all employees of the organization by responding to questions and inquiries regarding compliance related issues, including researching and collaborating with internal and external compliance resources as appropriate.

• Collaborate with the designated Compliance Officer to help plan and conduct compliance monitoring reviews within established timeframes. Complete administrative tasks such as prepare working papers and detailed reporting of review findings and recommendations.

• Review proposed marketing materials, ensuring compliance requirements are met and risk factors are adequately addressed.

• Assist with implementation of new or enhanced policies and/or procedures through  research, policy/procedure development, and training.

• Assist in monitoring new and pending changes to laws, regulations, and guidance documents that may impact the compliance program.

• Support the facilitation of a comprehensive, risk-based compliance training program for new and existing employees and serve as the Compliance team admin for the bank’s learning management system.

• Monitor complaint activity and work with business units to resolve consumer complaints, investigate underlying root causes, and identify opportunities to improve the customer experience.

• Support the compliance program by performing various administrative tasks such as organizing meetings and keeping meeting minutes, monitoring and compiling periodic reporting, creating workflows and guides, and drafting memorandums.

• Lead or contribute to special projects as assigned by the Compliance Supervisor.

• Act in accordance with FBT policies and procedures as set forth in the employee handbook.

• Adhere to compliance procedures and participate in required compliance training.

The anticipated hourly range for this role is between $19.50 and $30.00.  This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors, including the individual’s relevant experience, training, skills, work location, and other considerations.  For those in eligible roles, we offer incentive compensation based on individual performance.  Furthermore, this role may qualify for a variety of benefits, such as Medical, Dental, and Vision insurance, Health Savings Accounts, 401(k)/ESOP, Paid Time Off, Flexible Work Arrangements, Paid Parental Leave and Student Loan Repayment Assistance.  Learn more at www.bankeasy.com\careers.

Compensation Grade

Hourly Grade 4

First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.