Assistant Compliance Officer Remote in LA or TX

b1BANK; Louisiana; Remote; USD 120,000 - 180,000; Full time

Job summary

Business First Bank is seeking an Assistant Compliance Officer to support the Compliance Officer in managing the bank's regulatory compliance program. This role provides oversight, guidance, and monitoring to ensure compliance with applicable federal and state banking laws, regulations, and internal policies.

You will work closely with business line leaders, Legal, Risk Management, Internal Audit, and senior management to implement the CMS, policies, and risk assessments, and to develop training

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Banking, or related field, or equivalent experience.
• 8 to 10 years banking experience, with at least 4 years in compliance, audit, regulatory risk, or related risk management
• CRCM certification is required.
• Strong knowledge of federal banking regulations and regulatory guidance.
• Experience with regulatory examinations and audits, compliance monitoring and testing, risk assessments, and issue management.
• Collaborative team player with ability to build effective working relationships across the organization.
• Strong analytical skills to evaluate data, identify trends and root causes.
• Excellent project management, organizational, and time management skills.
• Strong verbal and written communication skills, with the ability to document conclusions clearly and concisely.
• Proficient in Microsoft Word, Excel, and Outlook.
• Travel may be required periodically.

Responsibilities

• Assist the Compliance Officer in developing, implementing, and maintaining the bank’s Compliance Management System (CMS).
• Support the development and maintenance of compliance policies, procedures, and risk assessments.
• Monitor regulatory changes and communicate their impact across the organization and applicable business units.
• Review policies, procedures, disclosures, forms, marketing materials, and operational processes for regulatory compliance.
• Monitor compliance risks across lending, deposits, marketing, fair lending, UDAAP/UDAP, privacy, and other applicable areas. Participate in compliance risk assessments and the development of the annual compliance plan, as needed.
• Review compliance-related findings from Internal Audit, regulatory examinations, monitoring, testing, and other risk management activities.
• Oversee corrective action plans and help ensure timely remediation.
• Prepare compliance reports and presentations for executive management, the Board, and Board committees.
• Maintain awareness of regulatory developments and emerging compliance risks.
• Assist in developing and delivering compliance training.
• Serve as a resource and provide guidance to Compliance staff.

Skills

Regulatory knowledge

Regulatory examinations & audits

Teamwork

Analytical skills

Project management

Communication

Willing to travel

Education

Bachelor's degree in Business, Finance, Accounting, Banking, or related field

CRCM certification

8–10 years banking experience (compliance/audit/risk)

Tools

Microsoft Word

Microsoft Excel

Outlook

Job description

SUMMARY

The Assistant Compliance Officer (ACO) supports the Bank's Compliance Officer in managing and administering the Bank's regulatory compliance program. This position provides oversight, guidance, and monitoring to help ensure compliance with applicable federal and state banking laws, regulations, regulatory guidance, and internal policies. The role works closely with business line leaders, Legal, Risk Management, Internal Audit, and senior management.

SPECIFIC JOB FUNCTIONS

• Assist the Compliance Officer in developing, implementing, and maintaining the bank’s Compliance Management System (CMS).
• Support the development and maintenance of compliance policies, procedures, and risk assessments.
• Monitor regulatory changes and communicate their impact across the organization and applicable business units.
• Review policies, procedures, disclosures, forms, marketing materials, and operational processes for regulatory compliance.
• Monitor compliance risks across lending, deposits, marketing, fair lending, UDAAP/UDAP, privacy, and other applicable areas. Participate in compliance risk assessments and the development of the annual compliance plan, as needed.
• Review compliance-related findings from Internal Audit, regulatory examinations, monitoring, testing, and other risk management activities.
• Oversee corrective action plans and help ensure timely remediation.
• Prepare compliance reports and presentations for executive management, the Board, and Board committees.
• Maintain awareness of regulatory developments and emerging compliance risks.
• Assist in developing and delivering compliance training.
• Serve as a resource and provide guidance to Compliance staff.

MINIMUM JOB REQUIREMENTS

• Bachelor's degree in Business, Finance, Accounting, Banking, or a related field, or equivalent experience, is required.
• Eight (8) to Ten (10) years of banking experience, including at least four (4) years in compliance, audit, regulatory risk, or related risk management functions, is required.
• Certified Regulatory Compliance Manager (CRCM) certification is required.
• Strong knowledge of federal banking regulations and regulatory guidance.
• Experience with regulatory examinations and audits, compliance monitoring and testing, risk assessments, and issue management.
• Collaborative team player with the ability to build effective working relationships across the organization.
• Strong analytical skills, including the ability to evaluate data and identify trends and root causes.
• Excellent project management, organizational, and time management skills.
• Strong verbal and written communication skills, with the ability to document conclusions clearly and concisely.
• Proficient in Microsoft Word, Excel, and Outlook.
• Travel may be required periodically.

b1BANK is an Equal Opportunity Employer.