Compliance Officer

Compliance OfficerServes as the Bank's Compliance Officer responsible for the overall administration, direction, and effectiveness of the Bank's Compliance Management System (CMS). Oversees enterprise-wide consumer compliance, Community Reinvestment Act (CRA), regulatory compliance, and Bank Secrecy Act (BSA) oversight. Ensures the Bank maintains a strong culture of compliance while balancing regulatory expectations with operational efficiency. Serves as a trusted advisor to executive management and the Board of Directors on compliance matters and emerging regulatory risks.Monitors regulatory changes, evaluates their impact, and communicates compliance requirements throughout the Bank. Provides executive management with information necessary to assess the institution's compliance with applicable laws and regulations. Identifies compliance responsibilities, organizes and directs compliance activities, and prepares reports for executive management, the Board of Directors, and the Compliance Committee. Develops, reviews, and maintains compliance-related policies and procedures. Reviews new products, services, and operational changes to identify regulatory requirements and compliance risks prior to implementation.Responds to compliance inquiries from all departments. Develops compliance monitoring activities to assess adherence to applicable laws, regulations, and internal policies. Coordinates regulatory compliance examinations and manages corrective actions resulting from examination findings. Serves as chairperson of the Compliance and CRA committees.CRA (Community Reinvestment Act): Responsible for developing and administering all aspects of the Bank's Community Reinvestment Act program. This position develops programs to ensure the Bank meets the needs of the community and attains CRA compliance goals, maintaining a Satisfactory or better CRA rating during regulatory examinations. Advises on emerging CRA issues to ensure objectives are maintained. May participate with or delegate maintenance of relationships with community-based, charitable, and non-profit organizations as appropriate. Maintains CRA data, CRA Public File, and CRA examination coordination.BSA (Bank Secrecy Act) / AML (Anti-Money Laundering): Provides oversight of the BSA/AML compliance program while supporting the designated BSA Officer. Monitors overall program effectiveness, reports significant compliance risks to executive management, and ensures appropriate governance without assuming day-to-day responsibility for suspicious activity monitoring or case management.Required Skills:Three or more years of progressive compliance experience in a financial institutionRegulatory examination experience with ability to manage multiple regulatory prioritiesAbility to balance strategic oversight responsibilities with active participation in daily compliance operationsHighly attentive to detail and accuracy with excellent organizational and time management skillsStrong analytical skillsAbility to research and interpret complex regulationsAbility to write and implement strong policies and proceduresTeam player attitude to process compliance related tasks efficiently and accuratelyEffective communicator and influencerSatisfy internal compliance related inquiries in a prompt and professional mannerPromote Luana Savings Bank to the surrounding areaProfessional appearance and behaviorFollow all established policies, procedures, and regulationsReside within a 25 mile radius from the designated office or willing to relocate - please include location/relocation details in cover letter or resume submissionAssociate's Degree or equivalent banking/compliance experienceDesired Skills:Working knowledge of applicable banking regulations, including but not limited to: Regulation B, Z, DD, CC, E, HMDA, Flood Regulations, UDAAP, Fair Lending, CRA, BSA/AMLExperience in Jack Henry core systemsExperience in Kadince (CRA system)Experience in Verafin (BSA system)Board or executive level presentation experienceCertified Regulatory Compliance Manager (CRCM) designation by the ABA or other related/comparable compliance training designations that reflect core competences in the compliance fieldBachelor's Degree in Finance, Business, Accounting, Risk Management, or related fieldAdditional Info:At-Will, Full-Time position based on 40 hours per weekSchedule is 8AM-4:30PM M-FTravel: Minimal for occasional trainingEmployment is subject to background and credit checkBenefits:Paid Vacation, Sick, Personal, and Volunteer time offSingle, spouse, or family medical coverage offered with majority paid by employer - Employer funded HSA Account compliments the medical coverage plan401(K) plan with employer matchAdditional Profit Sharing Plan that tops the industryLuana Savings Bank is the multi-year consumer-voted BEST BANK in the entire METRO per the Des Moines Register Metro's Best Competition. Operating with around 100 employees across 6 locations, we provide a team atmosphere where new ideas are encouraged. Every staff member is important and appreciated. We understand a successful business relies on staff contentment to provide the best customer experience possible. Our extremely low turnover rate and employee longevity, as many as 50 YEARS OF SERVICE, is a testament to why professionals choose a career with Luana Savings Bank.Luana Savings Bank is an Equal Opportunity Employer