Compliance Officer - Risk Based Testing

Wintrust Financial Corporation; California (MO); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) with company match

Tuition reimbursement

Parental Leave

Employee Assistance Program

Job summary

Wintrust Financial Corporation is seeking a Compliance professional to oversee a proactive testing program ensuring adherence to Federal and State laws governing bank activities. The role focuses on conducting reviews, drafting audit documents, and implementing corrective actions while training staff and maintaining confidentiality.

This onsite position emphasizes collaboration with management, strong regulatory expertise, and a comprehensive benefits package as part of a diverse workplace

Qualifications

• 3-5 years banking and/or banking compliance required.
• CRCM preferred or equivalent certification encouraged.

Responsibilities

• Maintain up-to-date knowledge of applicable laws and regulations governing the Bank's activities.
• Conduct and oversee compliance reviews.
• Assist manager with program oversight and development.
• Prepare concise audit documents and support for findings.
• Obtain and evaluate responses to audit issues and ensure corrective action.
• Train new Compliance staff and Bank staff on regulations as needed.
• Review workpapers and draft reports for accuracy of results.
• Maintain confidentiality and meet deadlines.

Skills

Compliance testing

Regulatory updates

Audit documentation

Staff training

Education

CRCM preferred

Job description

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years).
• Competitive pay and discretionary or incentive bonus eligible.
• Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
• Promote from within culture.

Why join this team?

• We foster an inclusive environment for an individual to grow and work independently.
• Opportunity to interact with management level, experienced professionals - higher visibility.
• Wintrust has a great compliance culture that comes from the top.
• Gain experience and further your career by joining a growing organization.

Position Overview

Responsible for overseeing an effective, proactive compliance testing program to assure that the organization maintains the required level of compliance set forth by its regulatory agencies. Provides testing to assure compliance with the various Federal and State laws and regulations governing the conduct of the Bank's affairs while seeking to prevent any penalties, liabilities and any other punitive actions against the Bank, its Directors or employees by ensuring corrective action is implemented promptly.

What You’ll Do

• Maintain a high level of expertise and knowledge of the requirements of the various laws, regulations and rulings governing the Bank's activities. Keeps abreast of regulatory updates through reading, classes, seminars, etc.
• Conduct and oversee compliance reviews.
• Assist manager with program oversight and development.
• Prepare documents which provide an adequate level of support for the audit work performed, conclusions reached and compliance-related issues. Draft audit documents in a pertinent, concise and accurate manner.
• Obtain and evaluate responses to audit issues to ensure appropriate corrective action is taken.
• Train new Compliance staff and assist in training Bank staff on compliance regulations as needed.
• Responsible for review of workpapers and draft reports to ensure accuracy of audit results.
• Exhibit superior time management skills (measured by deadlines and quality of progress and projects completed). Maintain confidentiality of information and protects Bank sensitive information and materials.

Qualifications

• 3-5 years banking and/or banking compliance.
• CRCM preferred.

• Medical Insurance
• Dental
• Vision
• Life insurance
• Accidental death and dismemberment
• Short-term and long term Disability Insurance
• Parental Leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical Illness Insurance
• Accident Insurance
• Transportation and Commuting Benefits
• Banking Benefits
• Pet Insurance

Compensation

The estimated salary range for this role is $85,000 - $110,000. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills and experience.

#LI-ONSITE

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Wintrust Financial Corporation, based in Rosemont, Illinois, offers community-focused banking, wealth management, and insurance services across multiple states through over 175 locations.