Compliance/CRA Officer

  • American Bank Montana
  • Bozeman, MT, USA
  • Jan 06, 2023
Full time Finance General Business

Job Description

Benefits:

  • Full Health Insurance
  • 401k (5% match!)
  • Paid Time Off + Paid Banking Holidays
  • Per Diem (Additional Commuter Pay)
  • Numerous other employee benefits!

Reports To: Senior Vice President, Risk Officer

Position Status: Full-time, Exempt

Job Summary: The Compliance/CRA Officer holds a unique position through their in-depth knowledge and analysis of local, state, and federal regulatory policies that tend to always be in flux. This adaptable person must be able to compare current legal regulations to bank procedures to make sure the bank knows risk levels with internal policies. They also oversee and implement our CRA policy and coordinate with loan staff to ensure successful CRA recording and maintenance.

Essential Functions:

The Compliance/CRA Officer is responsible for policy development and legal compliance for American Bank.  The primary duties of the Compliance/CRA Officer are:

  • Performing ongoing compliance monitoring reviews and reporting results to management and the Board and/or Audit Committee.
  • Communicating with employees and management regarding compliance and CRA.
  • Acting as the primary resource for compliance and CRA questions.
  • Periodically reports to the Board and Audit Committee.
  • Assuring American Bank’s policies are accurate, current, and in compliance with federal and state regulations. Review and update policies as laws/regulations change.
  • Interpreting and disseminating information on regulatory matters.
  • Developing and updating compliance and CRA policies.
  • CRA information-gathering and reporting to the Board of Directors.
  • CRA Program maintenance and oversight.
  • NMLS and SAFE Act compliance management.
  • Reviewing Bank marketing and advertising materials.
  • Monitoring social media for commentary related to the Bank.
  • Functioning as backup BSA/AML/OFAC Officer.
  • Tracking and managing the Consumer Complaint Process.
  • Managing the ID Theft Red Flags Program.
  • Satisfactorily completing all required compliance bank training and complying with all regulations which apply within the scope of the position.
  • Other duties as designated by management.

Competencies:

  • Strong, well-developed interpersonal skills to deal effectively with staff and management.
  • A high level of analytical skills to interpret laws/regulations.
  • Critical sensory abilities are: seeing, hearing/listening, touching, and speaking.
  • Mental effort requirements include reading, writing, basic arithmetic, mathematics, visualizing conclusions, analyzing data, searching for solutions, creating methodologies, conducting research, managing resources, and evaluating the performance of others.
  • Physical dexterity requirements include operating general office equipment such as telephone, computer, calculator, typewriter, photocopier, and fax machine.

Education and Experience:

  1. Required
    • Undergraduate degree in business or related field.
    • 5 years of experience in Banking compliance and regulatory environment.
  2. Preferred
    • CRCM, ACAMS, CPA, CERP Certifications
    • Previous compliance management experience and department supervision.

Working Conditions:

  • Work environment is indoors in a clean atmosphere with normal noise levels.
  • Ability to work under time constraints and pressure is required.
  • Exposed to a potentially hazardous condition – robbery. Receives detailed instructions and procedures to be followed to minimize the risk.
  • Typical hours of work are Monday – Friday 8:00 AM – 5:00 8PM.
  • Partial remote/hybrid work available for the right candidate.

Physical Requirements:

  • Critical sensory abilities are: seeing, hearing/listening, touching, and speaking.
  • Physical dexterity requirements include operating general office equipment such as telephone, computer, calculator, typewriter, photocopier, fax machine, and postage machine. Physical ability to stand, walk, sit, climb stairs, balance, stoop, kneel, crouch, or crawl.
  • Mental effort requirements include: reading, writing, basic arithmetic, mathematics, visualizing conclusions, analyzing data, searching for solutions, creating methodologies, conducting research, and managing resources.
  • Physical requirements include: standing for long periods when providing customer service, sitting, walking, and must be able to lift and carry 30 lbs. waist high and 20 lbs. shoulder high.

Travel Requirements:

  • I understand that even though my primary work assignment will be in my main office; I agree to go to any other location requested by management. I understand that such temporary re-assignment will require the use of my personal vehicle.  If I am requested to spend the entire day at a non-Bozeman location, American Bank will pay for my time spent traveling which is inclusive from the time I leave my home to the time I return to my home.  In addition, any time that I use my personal vehicle in such travel, I understand that American Bank will reimburse my mileage at the current designated IRS mileage reimbursement rate.

Additional Qualifications (if applicable): ie certifications or industry-specific experience

  • CRCM, ACAMS, CERP, CPA or similar certifications
  • 5 years of banking experience in the compliance or related department

Pay Grade:  13

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position.  They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.