Central National Bank - Lawrence, KS
posted 2 months ago
Full-time - Mid Level
Lawrence, KS
Credit Intermediation and Related Activities
About the position
The Compliance/CRA Officer at Central National Bank is responsible for developing, administering, and monitoring a Compliance Management System (CMS) to ensure adherence to banking laws and regulations, particularly the Community Reinvestment Act (CRA). This role involves serving as the primary contact for compliance matters, training staff, and maintaining knowledge of compliance laws. The officer will also prepare reports for the Audit Committee and Board, participate in risk assessments, and assist with information security topics.
Responsibilities
- Develop, administer, and monitor a satisfactory Compliance Management System (CMS).
- Serve as the Bank's Compliance Officer and primary contact with federal compliance examiners and external auditors.
- Develop and revise policies and procedures to ensure compliance with banking laws and regulations.
- Assist with staff training on compliance issues and keep all affected areas informed of changes.
- Maintain knowledge of applicable compliance laws and respond to questions from management and staff.
- Serve as the Bank's Community Reinvestment Act (CRA) Officer and manage CRA files and documentation.
- Monitor data collection and the Bank's CRA efforts, assisting with annual data filing and CRA exam preparation.
- Coordinate resolution of customer compliance-related complaints through the CAGNet process.
- Provide input on compliance concerns for new products and services, and review marketing proposals.
- Monitor forms and notices to comply with banking laws and regulations.
- Prepare quarterly reports for the Audit Committee and Board regarding compliance issues and exam findings.
- Participate in the Bank's periodic risk assessment process.
- Assist the Chair of the Compliance Oversight Committee with meeting agendas and activities.
- Serve on the Information Security Management Committee and assist with vendor management assessments.
Requirements
- Five to eight years of similar or related experience, with at least two years specific to compliance.
- Master's degree or a bachelor's degree plus relevant professional certification or willingness to obtain.
- Working knowledge of bank regulations, operations, policies, and procedures.
- Strong communication skills (written, verbal, and listening).
- Strong attention to detail.
Benefits
- 401(k) matching
- Dental insurance
- Disability insurance
- Employee assistance program
- Paid holidays
- Vision insurance
