Compliance Specialist

Union Bank & Trust; Lincoln (NE); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

Union Bank & Trust in the United States (Lincoln, NE) is seeking a Compliance Specialist to support the Compliance Management System through monitoring, testing, LMS administration, and regulatory support. The role involves reviewing deposit products and disclosures, coordinating with software systems for compliance, and assisting with regulatory examinations and audits.

The position requires at least 2 years of banking or compliance experience, a Bachelor’s degree preferred, and familiarity

Qualifications

• Bachelor’s degree preferred.
• At least 2 years banking or compliance experience required.
• Experience with deposit operations or compliance monitoring preferred
• Proficient knowledge of Microsoft Office products and basic accounting software

Responsibilities

• Independently conduct monitoring and testing within deposit areas to evaluate compliance with applicable laws, regulations, policies, and procedures; prepare reports and recommend corrective actions.
• Assist with administration of the Learning Management System, including course maintenance, training assignments, completion tracking, reporting, and record retention.
• Review and analyze new and existing deposit products, services, systems, procedures, and regulatory changes to identify compliance requirements and updates to disclosures and customer communications.
• Develop and maintain deposit product disclosures, notices, forms, and customer-facing documentation for regulatory compliance.
• Support the bank’s deposit platform software regarding compliance, training, and related documentation; coordinate with applicable software systems to ensure compliance.
• Assist with regulatory examinations, compliance reviews, and internal audits by gathering documentation and tracking corrective actions.
• Serve as a backup for reviews of marketing materials for regulatory compliance and provide guidance to Marketing on changes.
• Maintain knowledge of regulatory requirements by researching laws, guidance, and interpretations.
• Understand and adhere to bank policies and complete compliance training.
• Report all compliance issues in accordance with bank policies.
• Perform other responsibilities or special projects as assigned; regular attendance is required.

Skills

Compliance monitoring

Regulatory knowledge

Training administration

Documentation & reporting

Education

Bachelor’s degree

Tools

Microsoft Office

Accounting software

Learning Management System

Job description

Position Summary:

The Compliance Specialist supports the Bank’s Compliance Management System through compliance monitoring and testing, learning management system administration, and compliance support activities.

Essential Functions:

• Independently conduct monitoring and testing within deposit areas to evaluate compliance with all applicable laws, regulations, policies, and procedures. Prepare reports of results, communicate recommend corrective actions, and perform follow-up as necessary.
• Assist with administration of the Bank’s Learning Management System, including course maintenance, training assignments, completion tracking, reporting, employee support, and record retention. Collaborate with applicable departments to develop, implement, and maintain employee and customer education programs.
• Review and analyze new and existing deposit products, services, systems, procedures, and regulatory changes to identify compliance requirements and recommend necessary updates to disclosures, forms, customer communications, and operational processes.
• Develop, maintain, and review deposit product disclosures, notices, forms, and customer-facing documentation to ensure compliance with applicable laws, regulations, and guidance.
• Support the bank’s deposit platform software(s) including document compliance, enhancements, and training issues regarding compliance. Provide coordination and support of the bank’s other software systems utilized to ensure compliance.
• Assist with regulatory examinations, compliance reviews, and internal audits by gathering documentation, responding to requests, and assist with corrective action tracking.
• Serve as a backup for reviews of marketing materials for compliance with regulatory requirements, providing guidance to the Marketing department on required changes.
• Maintain working knowledge of regulatory requirements by researching regulatory law, recent or proposed changes, guidance, and interpretations.
• Understand and adhere to all bank policies, laws, and regulations applicable to their role. Complete compliance training and follow internal processes and controls as required.
• Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies.
• Perform other responsibilities or special projects as assigned.
• Regular and reliable attendance is an essential function of this position.

Qualifications:

• Bachelor’s Degree preferred.
• At least 2-years banking or compliance experience required.
• Experience with deposit operations, deposit compliance, training administration, or compliance monitoring preferred
• Proficient knowledge of Microsoft Office products, and financial accounting systems and software knowledge preferred.
• Previous training and presentation experience a plus.

Preferred Talents:

• Strong analytical skills and attention to detail
• Self- directed and takes initiative
• Strong organizational skills
• Ability to manage multiple priorities and deadlines
• Effective verbal and written communication skills
• Positive and people focused

Indoor work – not exposed to outdoor elements or hazards.

Some sedentary work and occasional lifting and/or carrying up to 20 pounds.

This role is eligible for hybrid work arrangement opportunity under UBT's hybrid guidelines upon completion of onboarding.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.