Compliance Officer III

Summary of Work

As a Compliance Officer III, you will be responsible for ensuring BND’s adherence to federal banking regulations, state laws, and industry standards. You will also be responsible for developing, testing, and reporting on adherence to federal banking regulations and laws and ensure compliance issues are tracked until resolution is reached. You will need to work in partnership with BND departments to develop and implement policies and procedures to ensure compliance with regulatory requirements. Collaboration is essential with internal audit and quality assurance partners to ensure comprehensive testing coverage. You will be responsible to coordinate, develop the scope, and review the quality of any outsourced compliance testing. Participation will be required in projects across the Bank to provide compliance consulting for products or services being implemented. This position will need to develop compliance training programs for employees to enhance awareness and understanding of regulatory requirements.

Other duties:

• Participate in the SAR team and weigh in on investigations.
• Review cases generated by the Bank’s anti-money laundering system.
• Serve as the primary backup to Bank Secrecy Act activities.
• Facilitate meetings with Compliance Council, tax groups, and Student Loans to help implement state servicing and licensing laws.
• Maintain a certification in BSA/AML and Compliance.

Minimum Qualifications

This position requires a bachelor’s degree with a major in business or finance and four years compliance, audit, or other applicable work experience. The hiring agency, at its discretion, may substitute years of related professional work experience for the education requirement. The hiring agency may substitute another degree major that is more appropriate to the specific job or level. Direct years of experience may carry more weight than indirect banking experience. This position may underfill at a level II if the applicant pool dictates.