Compliance Analyst (Banking) jobs in Elkhart, IN

Compliance Analyst (Banking) monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses customer data mining and software tools to identify suspicious activity patterns. Being a Compliance Analyst (Banking) reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. Ensures adherence to Know your Customer (KYC) protocols. Additionally, Compliance Analyst (Banking) may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a manager. The Compliance Analyst (Banking) work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Compliance Analyst (Banking) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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CRA Officer/Compliance Analyst – Hybrid/Sturgis, MI
  • Sturgis Bank & Trust Company
  • Sturgis, MI FULL_TIME
  • Job Title: CRA Officer/Compliance Analyst


    Posting Date: October 17, 2023



    Summary:

    This position is responsible for assisting the Compliance Officer in developing, implementing, and administering all aspects of the bank's Community Reinvestment Act Compliance program. This includes establishing, participating, and maintaining relationships with community-based charitable and non-profit organizations. The CRA Officer/Compliance Analyst will help develop and implement programs to ensure the bank meets the needs of the community and attains CRA compliance goals. The CRA Officer/Compliance Analyst will work with the Compliance Officer to advise the Executive Management Group of emerging CRA issues to ensure objectives are maintained.

    Key Responsibilities:

    • Collaborate with the Compliance Officer to develop and enhance the bank's current CRA compliance culture with a growth mindset.
    • Prepare periodic monitoring reports for Executive Management and the Compliance Committee to document progress in CRA Community Development.
    • Coordinate data collection from the bank to ensure that all CRA loan, service, and donation related documentation is captured, maintained, and is current.
    • Partner with Marketing regarding promotion of the bank's products and services. Review advertising/marketing collateral and provide feedback to ensure compliance.
    • Perform periodic reviews of the bank's assessment areas to ensure reasonableness of the delineation.
    • Maintain relevant CRA reports and files (i.e., CRA Public File) including all supporting documentation.
    • Assist the Compliance Officer with external auditors and examiners for CRA related reviews.
    • Assist the Compliance Officer in preparing documentation for external audit firms and for regulatory exams.
    • Prepare, analyze, and monitor bank's statistics to determine adequate loan penetration of LMI households and small businesses.
    • Seek opportunities and establish connections for the various bank markets to help increase the bank’s CRA efforts; communicate this information to the CRA Committee.
    • Work with the Compliance Officer and Executive Management to identify lending and investment programs that help meet the lending needs of LMI households.
    • Stay abreast of changes in deposit and lending regulations and guidelines as related to CRA and other laws and regulations.
    • Complete regularly scheduled compliance training including specialized CRA training off-site.
    • Assist with special projects as needed.
    • Other tasks as assigned.

    Supervisor Responsibilities:

    None

    Qualifications:

    • Strong understanding of banking guidelines; thorough knowledge of internal structure and function of all areas in the bank.
    • Able to make appropriate judgments based on Bank policy and procedures.
    • Demonstrates commitment to Bank values and high ethical standards.
    • Strong verbal and written communication skills. Ability to prepare and present complex regulatory issues clearly.
    • Strong organizational and time management skills.
    • Strong analytical, research and problem-solving skills.
    • Ability to work independently and in a team environment.
    • Able to remain unbiased and objective despite outside influences.
    • Proficient in Microsoft Office applications including Word, Excel, and PowerPoint.

    Education and/or Experience

    • Bachelor’s degree in business, finance, accounting, or related field preferred.
    • 1-5 years banking experience and 1-3 years’ experience with CRA also preferred.
    • Equivalent combination of education and experience.

    Certificates, Licenses, Registrations:

    None

    Work Environment:

    This position will include working remotely and in a Sturgis Bank & Trust Office.

  • 14 Days Ago

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Compliance Data Manager
  • Pinnacle Transport Group
  • Bristol, IN FULL_TIME
  • Job description About Us: We are a leading logistics company specializing in providing comprehensive transportation and storage solutions to a diverse portfolio of large fleet customers across the nat...
  • 3 Days Ago

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Survey Compliance Rep
  • Jayco
  • Middlebury, IN FULL_TIME
  • Job Purpose/Summary: This position exists to assist the processing of tickets from Qualtrics to help facilitate a quick resolution of retail customer comments. Will continually use data analytics focu...
  • 1 Month Ago

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Grant Compliance Fixed Asset Accountant
  • Surf Internet
  • Elkhart, IN FULL_TIME
  • Responsibilities: The Grant Compliance Fixed Asset Accountant will thrive in a positive and empowering environment that helps drive the company’s growth. This person will serve as a member of the comp...
  • 10 Days Ago

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Credit Analyst
  • Lake City Bank
  • Warsaw, IN FULL_TIME
  • This position performs support duties for the Commercial Loan Department including credit analysis, financial statement analysis, global cash flow and collateral analysis, collateral audits, and revie...
  • 13 Days Ago

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Data analyst
  • Optimized Solutions Inc
  • Warsaw, IN FULL_TIME
  • Company DescriptionOptimized solutions strive to deliver optimized results our clients through various services we provide. We are a company which has pervasive experience of 15 years in implementing ...
  • 1 Day Ago

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0 Compliance Analyst (Banking) jobs found in Elkhart, IN area

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Board Certified Behavior Analyst (Bcba) $10,000 Sign ON Bonus
  • Centria Autism
  • St. Joseph, MI
  • Centria Autism is the largest provider of Applied Behavior Analysis (ABA) for children with Autism Spectrum Disorder (AS...
  • 3/18/2024 12:00:00 AM

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Quality Manager
  • Lippert Components
  • Elkhart, IN
  • Overview Who We Are: Lippert is a leading, global manufacturer and supplier of highly engineered products and customized...
  • 3/18/2024 12:00:00 AM

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Board Certified Behavior Analyst (Bcba)
  • Centria Autism
  • St. Joseph, MI
  • Centria Autism is the largest provider of Applied Behavior Analysis (ABA) for children with Autism Spectrum Disorder (AS...
  • 3/18/2024 12:00:00 AM

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Senior Payroll Analyst (Hybrid)
  • Stryker
  • Portage, MI
  • Work Flexibility: Hybrid As the Senior Payroll Analyst, you will prepare, document and disburse payroll checks, payroll ...
  • 3/18/2024 12:00:00 AM

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Internal Revenue Agent (Reviewer - Examiner) 12 MONTH ROSTER - AMENDED
  • Department Of The Treasury
  • South Bend, IN
  • Duties WHAT IS THE WHISTLEBLOWER OFFICE (WBO) DIVISION? A description of the business units can be found at: https://www...
  • 3/17/2024 12:00:00 AM

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Inventory Control Analyst
  • Careerbuilder
  • Bristol, IN
  • Utilimaster moves ahead of the competition when commercial trucks and upfit services require precision, planning, peerle...
  • 3/16/2024 12:00:00 AM

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Quality Manager
  • Lippert
  • Nappanee, IN
  • Overview: Who We Are: Lippert is a leading, global manufacturer and supplier of highly engineered products and customize...
  • 3/16/2024 12:00:00 AM

Elkhart /ˈɛlkɑːrt/ is a city in Elkhart County, Indiana, United States. The city is located 15 miles (24 km) east of South Bend, Indiana, 110 miles (180 km) east of Chicago, Illinois, and 150 miles (240 km) north of Indianapolis, Indiana. Elkhart has the larger population of the two principal cities of the Elkhart-Goshen Metropolitan Statistical Area, which in turn is part of the South Bend-Elkhart-Mishawaka Combined Statistical Area, in a region commonly known as Michiana. The population was 50,949 at the 2010 census. Despite the shared name, it is not the county seat of Elkhart County; that ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Analyst (Banking) jobs
$47,158 to $66,867
Elkhart, Indiana area prices
were up 1.3% from a year ago