Regulatory Compliance Specialist

  • HomeTrust Bank
  • Asheville, NC, USA
  • Apr 19, 2018
Financial Services

Job Description

Location : 315 Ridgefield Ct., Asheville, NC 28806
The Compliance Specialist will be responsible for supporting organizational compliance with applicable banking regulations through research, testing, and analysis of results and risk exposure across all lending and deposit lines of business. The position will also serve as a back up to other compliance department functions such as governmental reporting, complaint management, implementation of regulatory changes, and compliance issue trouble shooting.
General Qualifications
Knowledge : 4-year degree in a related field; understanding of bank products and industry; familiarity with banking regulations.
Experience : Business office and administrative experience required. Compliance, audit, or quality control related work experience in the financial industry preferred. Testing and data analysis experience is a plus.
Skills : Analysis, attention to detail, research, and writing and communication skills are key to succeeding in this role. Successful applicants will be intellectually agile, diligent, hardworking, and eager to learn.
Scope of Decisions and Authority
Because of the sensitive nature of the job, the Compliance Specialist will exercise the utmost confidentiality. The specialist will work across the lending and deposit lines of business. The specialist will identify and risk-rate compliance issues through testing and data analysis using work papers and preliminary findings sheets. The specialist will be a self-starter and will use analytical and investigative skills to collaboratively solve problems on a high performing team.

  • Adhere to the bank's Compliance Policy and Compliance Schedule
  • Understand and accurately complete testing tools, sampling methodologies, and reporting templates with minimal supervision.
  • Support the completion of risk assessments, tests, loan reviews, and analyses of applicable bank regulations within the consumer, residential, deposit, commercial, and automotive lines of business.
  • Assist with the bank's regulatory change management efforts.
  • Support the build out of new lines of business.
  • Serve as a compliance resource to bank staff.
  • Maintain knowledge of applicable regulations, banking industry trends, and internal loan origination and account servicing systems.
  • Back up functions including:
    • Periodic research assignments and management memo drafting
    • Process improvement for the department
    • Other duties, as assigned

Potential Areas for Development
  • Additional Duties & Skills-Increased levels of responsibility within the bank, coordination of and design input on tests and risk assessments, participation in the report writing process.
  • Community Impact - Assist the department with the promotion of and measurement, monitoring, and reporting of the bank's community impact including: small business loans, innovative products, volunteering, and community investing and lending.
    Fair Banking - Assist the department with the measurement, monitoring, and reporting of sales, account opening, and customer service data across all lines of business to ensure the bank's practices serve all its customers equally.
  • Enterprise Risk - Assist the department with the operation of the bank's Enterprise Risk Management Program and develop expertise in enterprise risk measurement and reporting methodologies.

EOE/Protected Veterans/Individuals with Disabilities