Come be a part of the oldest community bank in the state of TN! INSOUTH Bank has been around since February of 1869 and is seeking a highly qualified bank compliance officer to ensure we are always current with federal and state regulatory requirements and following internal policies.
As a critical member of INSOUTH’s leadership team, the Compliance Officer proactively reduces compliance risks and ensures that our organization adheres to ethical standards, laws, and industry regulations.
Working with us, you will have access to a comprehensive healthcare coverage plan and other attractive benefits, including the opportunity to work alongside an experienced team dedicated to maintaining full compliance with regulatory requirements.
As a Compliance Officer, you would be expected to maintain a Compliance Program designed to ensure that INSOUTH Bank achieves optimum compliance with federal and state laws and regulations as well as bank policies, and that regulatory reporting requirements are consistently met.
Essential Duties and Responsibilities:
If qualified and you would like to apply, please submit a current resume to human.resources@insouth.com .
As a critical member of INSOUTH’s leadership team, the Compliance Officer proactively reduces compliance risks and ensures that our organization adheres to ethical standards, laws, and industry regulations.
Working with us, you will have access to a comprehensive healthcare coverage plan and other attractive benefits, including the opportunity to work alongside an experienced team dedicated to maintaining full compliance with regulatory requirements.
As a Compliance Officer, you would be expected to maintain a Compliance Program designed to ensure that INSOUTH Bank achieves optimum compliance with federal and state laws and regulations as well as bank policies, and that regulatory reporting requirements are consistently met.
Essential Duties and Responsibilities:
- Expand, implement, and monitor the maintenance of INSOUTH’s Compliance Program designed to ensure that each functional area of the Bank achieves and maintains compliance with all applicable State and Federal banking laws and regulations.
- Review and execute Bank compliance policies and procedures necessitated by changes in laws, regulation, or bank policy.
- Interpret federal and state laws and regulations as they apply to credit, operations, deposits, marketing, and other areas of the Bank and provide supporting information, interpretations, and clarifications to assist management in making decisions to ensure INSOUTH achieves optimum compliance.
- Perform Compliance related Risk Assessments.
- Perform regular monitoring of the Bank’s system of internal controls, transactions, and disclosures for ensuring Bank-wide compliance.
- Review and monitor advertisements, brochures, lobby notices, signs, and other promotional marketing material to assure their compliance with regulations.
- Work with Compliance Auditors and coordinate the correction of any deficiencies noted in Compliance Audits.
- Coordinate and assist during Compliance and CRA Regulatory Examinations and maintain follow-up.
- Coordinate Compliance Risk process and monitor all exceptions found during monitoring, audits, or exams for resolution.
- Investigate and find resolution to complaints received from bank departments, customers, or government regulatory agencies.
- Act as an information source to management, lending officers, deposit personnel, operations personnel, and other bank staff in relation to compliance laws and regulations.
- Coordinate employee compliance training with Human Resources and department management to ensure adequate training / awareness at all levels.
- Interact with various committees to ensure compliance issues are addressed.
- Coordinate & Chair Compliance Risk meetings, prepare minutes for meetings and Board review.
- Prepare compliance board reports and board training material, attend board meetings to report compliance issues, concerns, or changes to the board of directors quarterly.
- Maintain Bank's CRA public file. Conduct an annual CRA Self-Assessment. Work with the Community Development Officer to ensure all activities and donations meet CRA criteria.
- Maintain a strong Fair Lending program with appropriate monitoring and reporting.
- Attend compliance seminars and programs on an ongoing basis to make certain that the Bank is following current banking laws and regulations.
- Other duties as necessitated to maintain a strong compliance program.
- Advanced knowledge of bank federal and state laws and regulations with ability to read, analyze and interpret federal and state regulatory requirements.Well versed in TISA, Funds Availability, EFTA, UDAP, TILA, RESPA, HMDA, Flood, ECOA, FCRA and CRA.
- Strong verbal and written communication skills.
- Strong organizational skills with ability to manage multiple priorities and projects and meet deadlines.
- Proficient in Excel, Word, PowerPoint and Outlook.
- Bachelor's degree (B. A.) from four-year college or university, preferred.
- Bank Regulatory Compliance Experience: 5 years, required.
- CRCM or other related professional certification, preferred.
If qualified and you would like to apply, please submit a current resume to human.resources@insouth.com .
