Compliance Assistant

Summary:

The Bank of Elk River is seeking a full-time Compliance Assistant to add to our team.

Job Location:

Elk River MN

Duties & Responsibilities:

Job Summary:

This position is responsible for many operational duties of the Compliance department which includes: assisting the Compliance Officer/Bank Secrecy Act Officer in monitoring and providing support to ensure conformity and adherence with all applicable state and federal laws and regulations. Assists in the coordination and support of compliance audits and examinations. Aids in research of new and changing laws and regulations.

Essential Duties and Responsibilities:

  • Serves as an internal resource for staff with compliance questions regarding regulations and products.
  • Identifies compliance concerns through ongoing monitoring including follow-up and resolution of outstanding issues.
  • Maintains tracking logs and is responsible for the oversight and disposition of all compliance review processes.
  • Monitors and coordinates compliance activities of other departments to ensure departments are in compliance with federal and state regulatory requirements. May assist or perform compliance training as needed.
Qualifications:

Qualifications and Experience:

  • Associate's degree (AA) or equivalent from 2 year college or technical school preferred and/or 1-2 years related experience and/or training or equivalent combination of education and experience.
  • Prior bank compliance or Consumer/Real Estate Lending experience is preferred
Please Contact: HR Department / 763-441-1000