Community Development Compliance Specialist jobs in New London, CT

Chelsea Groton Bank is seeking an innovative and detail-oriented person to join the Risk and Compliance Department as a Risk and Compliance Specialist. They will manage the Bank's vendor management and business continuity programs and support quality control, regulatory compliance, community reinvestment, and other areas of Risk and Compliance. This person will be organized, collaborative and comfortable using different technologies and working independently. Bachelor's Degree and 3 years risk management, Compliance, Internal Audit or Operations background in the Financial/Banking industry desired.

Responsibilities and Requirements vary based on job level. Expectations include:

• Coordinates quality control and targeted testing. Collects and aggregates data, analyzes, reports, and recommends enhancements.
• Manages the day to day activities of Vendor Management Bank wide, including due diligence, risk assessments, and Board reporting.
• Responsible for the Bank wide coordination of the Business Continuity Program. Maintains a comprehensive and effective Program with appropriate testing, training, updating, and preparedness for a wide variety of potential events.
• Provides administrative support functions for the Compliance Program, including compliance reviews, CRA documentation, and audit and exam preparation.

Why Choose Chelsea?

The Bank has been named a Top Workplace in Connecticut since 2016. And with good reason! Our team members are encouraged and empowered to be better, go further, and help others. And there are lots of other perks too - competitive salary, 401(k) plan, paid time off, health benefits, wellness and engagement programs, leadership training, professional development, and learning opportunities for all team members, and more! Several members of the Bank's team have been recognized in our industry and throughout the community by earning awards such as the Connecticut Bankers Association New Leaders in Banking, ICBA Forty Under 40, The Day Forty Under 40, Banking New England Women of FIRE, and more.

At Chelsea Groton, we don't just meet the expectations of our community; we exceed them in the ways we, as a mutual bank, do business, and how we support local organizations financially and through volunteerism. We are focused on bringing together the best in digital, remote, and in-person capabilities. Our approach is designed around the lives of our customers so they can manage finances when, where and how they want, and team members can provide support to our customers in more ways too.

Apply today to join a company named Best Bank by The Day (2015 - present), Top Workplace by the Hartford Courant (2016 - present), and one of Forbes Best-In-State Banks (2021, 2022)!

Responsible for adhering to Bank policies and procedures relating to regulatory compliance requirements applicable to the job function including but not limited to the Bank Secrecy Act, Anti-Money Laundering, and Fair Lending. EOE/AA/M/F/D/V. Member FDIC.