Summary
The Compliance Analyst is responsible for assisting in the administration of the Bank's Compliance Management System (CMS) to ensure compliance with applicable federal and state banking laws, regulations, and internal policies. The Compliance Analyst supports compliance monitoring, regulatory change management, policy maintenance, complaint management, training, and testing activities. This position works closely with all departments to identify compliance risks, recommend corrective actions, and promote a culture of compliance throughout the Bank.
Primary Activities
- Assist in the development and execution of the Bank's compliance monitoring and testing program.
- Conduct periodic reviews of deposit, lending, operations, and retail banking activities for compliance with applicable regulations.
- Document findings, recommendations, corrective actions, and follow-up activities.
- Monitor implementation of corrective actions resulting from audits, examinations, and compliance reviews.
- Track regulatory developments and industry guidance.
- Assist in evaluating the impact of regulatory changes on Bank products, services, and operations.
- Maintain regulatory change management documentation.
- Coordinate updates to policies, procedures, disclosures, and forms as necessary.
- Maintain the Bank's customer complaint management process.
- Track, investigate, and document customer complaints.
- Identify trends and recommend corrective actions when necessary.
- Assist in maintaining compliance-related policies and procedures.
- Assist in developing and delivering compliance training programs.
- Provide regulatory guidance and support to employees.
- Assist with regulatory examinations and internal/external audits.
- Support management responses to regulatory and audit findings.
- Assist in the completion of compliance risk assessments.
- Compile compliance metrics and reporting for management committees and the Board of Directors.
- Promote a strong culture of compliance and ethical conduct.
- Crosstrain with BSA, CRA, and operational areas as needed.
Qualifications
Education: Bachelor’s degree in Business, Finance, Accounting, Legal Studies, or related field preferred. Equivalent banking experience may be considered in lieu of formal education.
Experience: Minimum of 3–5 years of banking, compliance, audit, risk management, loan operations, deposit operations, or related experience preferred. Community bank experience is strongly preferred.
Knowledge and Skills: Working knowledge of federal consumer protection regulations and banking laws; understanding of Compliance Management System (CMS) principles; strong analytical, organizational, and communication skills; proficiency with Microsoft Office applications.
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Education:
Experience:
- Banking Compliance: 3 years (Required)
Location:
- Franklin, TN 37069 (Preferred)
Work Location: In person
