Junior Banking Compliance & CRA Support Specialist

Open Bank; Los Angeles (CA); On-site; USD 55,000 - 75,000; Full time

Job summary

Open Bank seeks a Compliance Specialist I to support day-to-day compliance for bank branches and CRA requirements. You’ll assist in data gathering, audits, and self-assessments, helping improve processes and procedures across the bank.

The role involves policy input, regulatory reviews, and collaborating with multiple departments to ensure adherence to banking laws and internal controls.

Qualifications

• Bachelor’s degree in Business Administration or related field or equivalent experience.
• Experience in banking and/or compliance, preferred.
• Ability to analyze and organize financial information and perform financial calculations.
• General knowledge of operations regulations, banking laws, and accounting practices.

Responsibilities

• Assist maintaining policies and procedures as needed, including forms and system input.
• Assist in periodic review and assessment of various compliance regulations as applicable to all departments of the bank.
• Keep informed of internal policies and practices.
• Review follow-up items addressed in previous internal audits and examinations.
• Support branches and departments in related compliance requirements and procedures.
• Assist CRA & Compliance Manager with documentation gathering and preparation for department internal audits and regulatory examinations as necessary.
• Assist in the identification and documentation of CRA data.

Skills

Banking compliance experience

Regulatory knowledge

Financial analysis

Organizational skills

Auditing awareness

Education

Bachelor’s degree in Business Administration or related field

Job description

Open Bank seeks a Compliance Specialist I to support day-to-day compliance for bank branches and CRA requirements. You’ll assist in data gathering, audits, and self-assessments, helping improve processes and procedures across the bank.

The role involves policy input, regulatory reviews, and collaborating with multiple departments to ensure adherence to banking laws and internal controls.