COMPLIANCE SUPPORT STAFF

The Compliance Select program – Support Staff is designed to provide community banks and their Compliance, BSA and/or Fair Banking Officer with the assistance they need. As the Compliance Select - Support Staff of your institution, you will have a dedicated individual assisting your institution fully comply with federal and state compliance and/or BSA requirements. With a collaborative approach, the Compliance Select - Support Staff program will allow for communication between the bank and Compliance Select staff. The program is designed to bring together a network of vast compliance and/or BSA experience, while providing your institution with the expertise needed to ensure compliance.

As your Compliance Select – Support Staff, we can provide support functions related to deposit and lending laws, BSA and OFAC compliance, as well as oversee compliance with the Community Reinvestment Act (CRA) and Home Mortgage Disclosure act (HMDA) regulations. The Compliance Select – Support Staff responsibilities may include:

• Assists the Compliance, BSA and/or Fair Banking Officer in the implementation and administration of all aspects of the BSA/AML and/or compliance program to ensure conformity and adherence with all applicable state and federal laws and regulations.
• Maintain a working knowledge of regulatory and/or BSA compliance with the ability to research changes/updates to individual regulations.
• Works with the BSA Officer on the Suspicious Activity Reporting (SAR) process, including investigating possible suspicious activity identified and preparing SAR forms prior to filing.
• Assist in reviewing compliance related processes within various departments to ensure effective processes are being completed, such as Reg CC, Reg DD, Flood, Adverse Action notices and HMDA.
• Back-up for daily maintenance review reports.
• Conducts risk-based compliance transaction testing and assesses internal controls, operations, and administrative functions for efficiency and effectiveness.
• Assist Compliance, BSA and/or Fair Banking Officer with projects, including external audits and exams, relating to the Bank's Compliance and/or BSA Program.
• Performs various quality control reviews and monitoring pertaining to industry standards and regulatory guidance to ensure the Bank’s compliance efforts are maintained on a daily basis.