Compliance Assurance Officer I

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Written by AI from the job title and company, not by Coastal Community Bank, so some details may not match this job. The employer's own page has the real description.

Job Overview

The Compliance Assurance Officer I at Coastal Community Bank will play a vital role in maintaining the integrity and compliance with federal, state, and local laws and regulations relevant to the banking industry. This position is responsible for assisting in the development, implementation, and monitoring of compliance programs. The officer will conduct audits and assessments, analyze compliance data, and report findings to ensure that the bank operates within legal frameworks while maintaining its ethical standards.

Job Responsibilities

• Assist in the development and maintenance of compliance policies and procedures.
• Conduct compliance audits and assessments to identify potential risks and issues.
• Review regulatory changes and assess their impact on the organization.
• Prepare compliance reports and communicate findings to management.
• Support training initiatives to educate staff on compliance-related matters.
• Collaborate with various departments to ensure adherence to compliance standards.
• Participate in compliance monitoring activities to enhance operational efficiency.

Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field.
• 1-2 years of experience in compliance, auditing, or risk management within the banking industry.
• Strong understanding of banking regulations and compliance requirements.
• Excellent analytical and problem-solving skills.
• Detail-oriented with strong organizational and time management abilities.
• Proficient in Microsoft Office Suite and compliance software tools.
• Strong written and verbal communication skills to effectively present findings and recommendations.

Technologies & Tools

The Compliance Assurance Officer I will utilize various technologies and tools essential for compliance management and monitoring. This includes compliance software solutions for tracking regulatory changes, case management systems for documentation and reporting, as well as data analysis tools to assess compliance metrics. Proficiency in Excel and other data visualization software may also be required to facilitate insights and summarize audit results effectively.

Ideal Candidates

Ideal candidates for the Compliance Assurance Officer I position at Coastal Community Bank will possess strong ethical standards and commitment to maintaining compliance integrity. They should demonstrate a proactive approach to identifying potential compliance issues and a keen attention to detail. Additionally, successful candidates will have excellent interpersonal skills, enabling them to effectively collaborate with various departments while fostering a culture of compliance and responsibility within the organization.