Community Reinvestment Act Officer Compliance Specialist

Description

Park Bank is hiring our next Community Reinvestment Act ("CRA") Officer Compliance Specialist, and we want to talk with you! The Community Reinvestment Act Officer Compliance Specialist is responsible for partnering with the Vice President Compliance in the development and ongoing management of the Bank's regulatory compliance program by providing oversight and adherence to federal and state regulations. This person will provide compliance expertise in all operational areas of the bank through extensive collaboration and communication with all departments. As Community Reinvestment Act Officer, the incumbent will oversee the Bank's Community Reinvestment Act program and ensure the Bank is meeting requirements for satisfactory Community Reinvestment Act performance. Park Bank is a community bank - if you're looking to shift your career to a truly community focused institution (we mean it, it's what we do!), and plant your roots somewhere long term, apply today!

As Park Bank's next Community Reinvestment Act Officer Compliance Specialist, you have a passion to achieve the Bank's compliance goals. Determining if established policies and procedures are effective motivates you, as you'll be tasked with updating and implementing them as applicable. You are a natural problem solver who pays close attention to details, is open to suggestions, and has a willingness to share ideas. Lastly, being able to think outside the box is where you shine. If you enjoy policies, procedures, audits, and exams, can quickly respond to requests for information, and assist in researching and resolution of outstanding issues, then this role is calling your name! In addition, if you have experience with any compliance or Community Reinvestment Act programs in a credit union or bank setting, then we're excited to connect with you!

Work Location: 1815 Greenway Cross, Madison, WI 53703

Essential Functions & Duties

• Serve as the Bank's Community Reinvestment Act ("CRA") Officer; ensure adherence to and enforce all provisions of the Community Reinvestment Act
• Manage Bank's Community Reinvestment Act program, maintaining and reporting key performance indicators to monitor the Bank's Community Reinvestment Act performance.
• Enhance Bank's Community Reinvestment Act program to include training, effective tracking of loans.
• Assist in the development of loan programs designed to meet the credit needs of the community.
• Create and maintain trust by working with business units and senior leadership to manage compliance efforts at all levels of the organization. Provide guidance to bank associates on daily compliance questions.
• Assist with maintaining written program of compliance; including but not limited to documentation of audit and exam recommendations and insight provided as well as risks identified.
• Assist with management of audits and exams; including but not limited to the development of scope, respond to requests for information, assist in researching and resolution of outstanding issues, prepare management responses upon completion of audit and exams.
• Assist in the development and implementation of ongoing compliance training program that ensures Directors, Senior Management, and all employees receive adequate training with regard to their respective positions.
• Provide management and Board of Directors with the information necessary to understand regulatory requirements and results of internal efforts to comply with applicable laws and regulations.
• Assist management in new product or services initiatives to ensure compliance with applicable laws and regulations prior to implementation.
• Participate in all required compliance training, as well as internal and external training programs, seminars, and conferences. Actively participate in various committees.
• Other duties as assigned.

Requirements

Required Education and Experience

* Minimum 2-5 years related work experience; or equivalent combination of education and experience.

Preferred Education and Experience

* Associate degree or post-secondary classes/degree. Equivalent experience also accepted.

Why Work for Park Bank?

* Robust Benefit Package Including Medical, Dental, Vision, etc.

* Four Different Benefit Packages to Choose What Fits Your Needs Best

* 10 Paid Holidays (Including Your Birthday)

* PTO That Increases Each Year of Service

* Generous 401K Company Match

* Wellness Reimbursement Program

* Associate Resource Groups (ARGs)

* Eligibility to participate in Bank-wide Bonus Program

* Hybrid Work Schedule Available

* And more!

- Park Bank is a drug free workplace. All candidates selected for new employment with PARK BANK will be required to submit to drug testing after a conditional offer of employment. Employment is contingent on the associate passing the drug test
- Credit, Criminal and Driving history will be reviewed when making final employment decisions consistent with applicable laws.
- Park Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status and protected veteran status.
- The Immigration Reform and Control Act of 1986 require employers to verify the employment status of each person hired.