Compliance Officer & Internal Audit

Job Description

Job Description

SUMMARY: Performs developing, implementing and maintaining the bank’s operational, financial, regulatory compliance, and audits; conducts risk assessments, compliance testing and audits to mitigate risks, through day-to-day business operations at all branches. Ideal candidate brings strong regulatory knowledge, practical judgement and a collaborate mindset.

DUTIES AND RESPONSIBILITIES:

• Analyzes and tests internal controls, business processes and systems, operations and financial reports, and compliance with corporate policies and procedures.
• Identifies business objectives and risk factors; develops or updates audit programs.
• Maintains and develops corporate policies and procedures; utilizes standard business and audit computer software tools for planning, analysis, communication, presentation, and documentation.
• Communicates audit objectives and results with employees at all levels; summarizes audit findings and prepares audit reports.
• Makes recommendations for improvements in controls and procedures; supports business process improvement and re-engineering efforts.
• Maintains adequate knowledge of accounting and auditing standards, information technology, and regulatory compliance to ensure work is performed efficiently and effectively.
• Provides practical guidance and training across the organization.
• Work with department leaders on process improvements and implementation of controls.
• Assists in special audit projects as assigned.

• Performs other related duties as assigned by management.

QUALIFICATIONS:

• Bachelor’s degree (B.A./B.S.) in related field or equivalent
• Strong working knowledge of banking regulations and compliance regulations
• Two to four years related experience or equivalent
• Commitment to excellence and high standards
• Excellent written and oral communication skills
• Excellent presentation skills
• Ability to work with all levels of management
• Strong organizational, problem-solving, and analytical skills, acute attention to

detail and strong interpersonal skills

• Ability to manage priorities and workflow
• Demonstrated ability to plan and organize projects
• Ability to work independently and as a member of various teams and committees
• Ability to work on complex projects with general direction and minimal guidance.

COMPETENCIES

• Analytical --Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs workflows and procedures.

• Customer Service-- Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.
• Interpersonal Skills--Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.
• Business Acumen-- Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals.
• Ethics-- Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
• Organizational Support-- Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity.
• Judgment-- Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
• Professionalism-- Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.