Risk Management Specialist

Risk Management Specialist The Risk Management Specialist's primary responsibility is to report to and assist management in ensuring the Bank's compliance with State and Federal Banking Regulations and assisting in overseeing the audit function of the Bank. This includes compliance monitoring as the bank's 'second line of defense'; and assisting with HMDA/CRA data collection, validation, and analysis; as well as supporting the operational aspects of CRA compliance. The Risk Management Specialist utilizes the Bank's data systems including JHA's Xperience, Synergy, Yellow Hammer BSA, as well as Microsoft Office applications, Ncontracts modules, and MortgageBot / Encompass. Reports To: Senior Compliance Officer Essential Duties and Responsibilities: Complete internal compliance audits of bank products/services per audit schedule as approved by Audit Committee of the Board, including scheduling with department heads, gathering documentation, conducting testing, obtaining management responses and preparing reports to present at Compliance and Audit Committee of the Board. Contribute to the development of risk assessments. Manage annual compliance review calendar and maintain timely reporting. Act as Bank liaison to external compliance auditors, including distributing audit request lists to Bank personnel and coordinating receipt and upload of items to external auditors' portals. Independently manage open audit/exam items list, including initiating communication with responsible parties regarding progress and completion status. Responsible for assigned reviews within the annual compliance plans; determination of scope of review, presentation of findings, coordination of management responses, and content of final report. Support the HMDA and CRA data collection and reporting process. Support the CRA Officer by providing timely reporting and maintaining operational controls for the CRA program in general. Conduct quarterly reviews of employee accounts for unusual activity / evidence of fraud, while maintaining requisite confidentiality prepare timely reports for Audit Committee review. Develop quarterly reporting for the audit committee related to investigations into employee accounts to rule out fraud. Determine when to involve management in investigations. Determine ways to drive the efficiency of the Ncontracts programs relative to compliance and audit to maximize our use of that software. Compose, edit, and distribute procedure manuals. Answer related procedural questions for bank staff. Prepare monthly and quarterly reports as required. Attend outside training (seminars, webinars, meetings) for continuing education and/or to represent the Bank. Additional responsibilities as assigned. Be familiar with and comply with the provisions of the Bank Secrecy Act and USA PATRIOT Act as they relate to the functions of this position. Complete all required reports related to those acts and reports any observed violations or potential violations of those acts to a supervisor or other appropriate bank officer. Be familiar with and comply with all federal and state banking regulations as applicable. Competencies: Motivation Demonstrates persistence and overcomes obstacles; takes calculated risks to accomplish goals. Is a self-starter. 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. Technical Skills Knowledge of Microsoft Office products, Word, Excel, and PowerPoint required. Pursues training and development opportunities; strives to continuously build knowledge and skills; shares expertise with others. Has a thorough understanding of underwriting, coverages and rating procedures. 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. Quality Management Looks for ways to improve and promote quality; demonstrates accuracy and thoroughness. Adaptability Adapts to changes in work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays or unexpected events. Initiative Undertakes self-development activities; takes independent actions and calculated risks; looks for and takes advantage of opportunities; asks for and offers help when needed. Requirements: Qualifications: To perform this job successfully, an Individual in this position must be able to perform each of the above essential duties satisfactorily and exhibit the values of the Company. In addition, the requirements listed below are representative of the knowledge, skill and/or ability required. Experience and/or Education: High School Diploma or GED Bachelor's Degree preferred Certified or willing to pursue certification in Compliance, BSA, and/or Security Minimum of three (3) to five (5) years of Banking experience Two (2) to three (3) years of exposure to consumer and mortgage lending regulations preferred Additional formal education or practical experience with Compliance, BSA and Security preferred Physical Demands and Work Environment: Ability to work in an office environment which may include many hours of computer and telephone usage. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodations. #J-18808-Ljbffr ChoiceOne Bank