Compliance Officer Job at RESOURCE BANK, Covington, LA

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  • RESOURCE BANK
  • Covington, LA

Job Description

Position Summary:

Thisposition reports to the President of Resource Bank and is responsible for thegeneral overall administration of the compliance program.

Essential Functions:

  • Develop and maintain an in-depth, current understanding of Bank products and activities in respect to the applicability of legal/regulatory requirements.
  • Attend Board of Director's Meeting (Audit-Compliance Committee) to present policies and procedures for Board approval and discuss compliance issues, as well as provide compliance training to the Board of Directors.
  • Research regulatory reference materials and obtain advice from regulatory agency staff, legal counsel or industry group professionals to answer compliance related questions from management.
  • Develop, evaluate, review and revise all compliance risk management programs and policies and procedures.
  • Coordinate and review all compliance audits, and report their results to the Audit-Compliance Committee.
  • Develop Compliance Training Program to address compliance policies and procedures, as well as all applicable U.S. laws and regulations.
  • Coordinate Compliance and CRA regulatory agency examinations.
  • Review all advertisements, brochures, lobby notices, signs and other promotional materials prior to printing to ensure their compliance with regulations.
  • Provide appropriate compliance solutions to enhance the Bank's ability to meet its goals and objectives.
  • Oversee the Loan Documentation Review and BSA functions of the Bank.
  • Act as the Community Reinvestment Act Officer for the Bank.
Education and Experience:

Bachelor'sDegree with Accounting or Finance emphasis preferred. Have extensive (five plus years) experiencein Compliance in a banking environment with progressive management experience.CRCM preferred.

Resource Bank strivesto be the "employer of choice" EEOMinorityFemaleVetsDisabled RESOURCE BANK

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