Compliance Assistant

F&M Bank LLC; Oklahoma City (OK); On-site; USD 42,000 - 66,000; Full time

Job summary

F&M Bank LLC is seeking a Compliance Assistant to support the Compliance Management Program under the Compliance Officer. The role involves assisting with regulatory questions, preparing reports, and helping implement policies and procedures in a banking environment.

Responsibilities cover monitoring deposits and loans, compiling monitoring results, and ensuring timely follow-up. The position also oversees online training and participates in special projects and committee meetings.

Qualifications

• Bachelor's degree or equivalent.
• Strong analytical, organizational, and problem-solving skills.
• Ability to use specialized software.
• Knowledge of banking policies and procedures.
• Familiarity with required loan and deposit documentation.

Responsibilities

• Assists departments with regulatory compliance questions.
• Prepares reports as necessary in an accurate and timely manner.
• Assists with the implementation of policies, procedures, and processes.
• Performs regulatory compliance monitoring, including deposits and loan operations.
• Prepares periodic reporting of compliance monitoring results and follow-up to ensure issues are resolved.
• Maintains and oversees online compliance training.
• Participates in special projects.
• Attends committee meetings and provides compliance feedback.
• Continuously looks for opportunities to improve efficiency and streamline processes.
• Other duties as assigned by management.

Skills

Strong communication

Attention to detail

Time management

Organizational skills

Problem solving

Flexibility

Education

Bachelor's degree or equivalent

Tools

Microsoft Word

Excel

Job description

Job Summary:

Under the direction from the Compliance Officer, the Compliance Assistant's duties are to assist in the monitoring and implementation of F&M Bank's Compliance Management Program.

Principle Duties and Responsibilities:

• Assists departments with regulatory compliance questions.
• Prepares reports as necessary in an accurate and timely manner.
• Assists with the implementation of policies, procedures, and processes.
• Performs regulatory compliance monitoring, including but not limited to the bank's deposit and loan operations.
• Prepares periodic reporting of compliance monitoring results and follow-up to ensure issues are resolved.
• Maintains and oversees online compliance training
• Participates in special projects.
• Attends various committee meetings as needed and provides compliance related feedback
• Continuously looks for opportunities to improve efficiency and streamline processes

Additional Functions:

• Other duties as assigned by management.

Education and/or Experience:

• Bachelor's or equivalent combination of education and experience.
• Strong, analytical, organizational, and problem-solving skills.
• Ability to use specialized software.
• Knowledge of banking policies and procedures.
• Familiarity with required loan documentation, included but not limited to consumer, installment, commercial, and real estate loans.
• Familiarity with required deposit documentation, included but not limited to consumer and business new account documents

Knowledge, Skills and Abilities:

• Strong communication skills; the ability to effectively communicate orally , and in writing
• Proficient computer skills; Microsoft Word and Excel required
• Good organizational and time management skills
• Strong attention to detail, and ability to recognize issues that need additional review
• Flexibility and ability to multi-task

Physical Requirements:

• This work is sedentary and requires the following physical activities:
• Sitting for long periods of time; occasional bending, squatting, kneeling, stooping; good finger dexterity and feeling; frequent repetitive motions; talking, hearing, and visual acuity.
• Frequent lifting (up to 25 pounds of paper supplies or minor office equipment).
• Ability to drive (travel) to other locations

Working Conditions:

• Normal office environment.
• Low noise level

The above statements are intended to describe the general nature and level of work performed by an employee in this position. These statements are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees in this position.