Compliance Analyst | Alexandria, VA, USA

Burke & Herbert Bank & Trust • Full-time • Alexandria, VA, US • 6m ago

Compliance Analyst

Responsible for assisting the Director of Compliance with maintaining effective compliance programs for the bank. These programs include, but are not limited to, the Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA), Lending, Fair Lending, Deposit, and General Compliance Programs (Compliance Programs). This includes monitoring the Company's Compliance Program to ensure compliance with Federal and State banking regulations and assist with developing and implementing the Company's Compliance Program. In addition, the Compliance Analyst is responsible for adhering to and complying with all Company policies and procedures and Federal and State banking laws.

Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Assists with the day-to-day operations of the Company's Compliance Programs. • Reviews and approves Advertisements, Brochures, Disclosures, New Product Disclosures, New Systems, etc. • Assists with updates and implementation of the Compliance related policy, procedures, and processes. • Assists with completing compliance related annual reports.
• Assists with conducting compliance related reviews, risk assessments and self-assessments in accordance with the Compliance Review Schedule.
• Assists with evaluating adherence to compliance related policies, procedures, and regulatory requirements by reviewing and testing records, reports, operating practices, and documentation.
• Assists with creating work papers by thoroughly documenting related findings and retaining supporting documentation. • Assists the Director of Compliance and Compliance Officer with implementing changes to regulations. • Assists the Director of Compliance and Compliance Officer with writing, updating, and implementing compliance related policies, procedures, and processes.
Other Duties

• Administrative duties for the Director of Compliance, as needed. • Complies with all policies and procedures as applied to the Bank's BSA/AML policy.
• Other compliance-related duties may be assigned.
Skills/Abilities

• Ability to follow instructions and work independently on multiple tasks in a deadline driven, regulatory environment. • Excellent research and computer skills. • Experience with Microsoft Office suite. • Strong organization skills, highly motivated, and detail oriented.
• Excellent writing and oral communication skills.
• Ability to retain a broad knowledge of tasks performed in compliance functions, applicable banking regulations. • Strong analytical skills, including the ability to apply knowledge of policies, procedures, regulations, and laws to identify potential issues or weaknesses, gather supporting data, and collaborate with the Director of Compliance to develop and implement resolutions. • Ability to clearly document reviews, judgements, decisions, and conclusions on the area reviewed. • Must approach tasks in a way to adhere to assigned deadlines while working on multiple tasks. • Maintain integrity, discretion, and respect for confidential information.
Supervisory Responsibility

This position does not have supervisory responsibilities.

Work Environment

This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping or standing as necessary.

Travel

Limited local travel may be required for this position.