Reliant Bank
Compliance & CRA Officer (Finance)
Chairs the Compliance Committee
Prepares the Committee agenda for the periodic meetings
Gathers supporting documents to disseminate to staff members regarding Compliance issues or upcoming changes
Reviews Committee minutes
Designs, implements, tests, and certifies the compliance program
Develops a continual training and educational program to train the staff, management, and directors on issues pertaining to compliance.
Develops an internal audit program to self-audit different aspects of the compliance functions or engages an outside independent auditor firm
Performs an annual risk-based audit program to identify areas of the bank operations that need auditing and the frequency needed to perform the audit
Develops the compliance audit scope in light of a risk-based audit program and assist with screening outside independent auditors to identify the most qualified entity that can perform the audit
Makes recommendations to the Risk Officer regarding the outside independent auditor(s) and scope of each audit
Oversees and assesses new and existing products and business strategies to ensure compliance with the appropriate federal and state laws and regulations while balancing business concerns in both the Bank and Mortgage areas
Administers the Bank's regulatory compliance program to ensure effective policies, procedures and processes are aligned with federal and state laws, regulations, and industry standards that govern Bank and Mortgage operations
Provides leadership and direction, as necessary, to coordinate document gathering and other preparation for audits and examinations, and assists Risk Officer in developing appropriate responses
Prepares periodic reports and communicates results of monitoring, audit, regulatory, and other compliance-related activities to the Audit Committee and the Board concerning the Bank's level of compliance; including corrective action plans to alleviate violations and prevent reoccurrence
Assists in reviewing and / or revising forms and disclosures purchased from outside vendors for compliance with applicable laws and regulations
Works with legal counsel in developing contracts, forms, and disclosures that serve the needs of the Bank and comply with applicable laws and regulations
Ensures that consumer-related reports and requests for information from federal and state regulatory agencies are completed and filed on a timely basis
Assists the Bank and Mortgage Division in ensuring adequate controls and quality control processes are in place for early identification of issues and ongoing compliance with laws and regulations
Monitors, tests and reports compliance by performing sufficient and representative compliance testing throughout the Bank
Implements a mechanism for handling consumer complaints, including maintaining records regarding complaints, monitoring and ensuring timely and appropriate responses and resolutions to all consumer complaints
Responsible for approval of Marketing material
Provides expert advice, support and guidance regarding compliance initiatives and responds adequately to inquiries or refers inquiries to the appropriate department and exhibits the necessary follow through
Coordinates adequate training for all bank personnel and directors on compliance policies and procedures, statutes, regulations, and interpretations applicable to their respective function(s)
Maintains the Compliance Risk Assessment and continues to identify compliance risks and provides solutions to manage potential risks
Directs the development, implementation and monitoring of the Bank's data management and reporting requirements for compliance with the Home Mortgage Disclosure Act and Community Reinvestment Act
Administers the Bank's Policy Management Program
CRA
Chairs the CRA Committee
Oversees the coordination and reporting of CRA-related loan originations, investments and services on an enterprise wide basis in compliance with the Community Reinvestment Act
Prepares reporting on the Bank's CRA performance, including reports on Lending (CD, HMDA, & Small Business), Investments and Services
Facilitates discussion and assists with generating ideas for filling the gaps if improvement of CRA performance is necessary
Assists in setting performance goals or benchmarks for loans, investments and services
Ensures the Committee understands the credit markets in the Bank's areas, the competitive structure of the loan markets, the size and geographic distribution of those markets and how the bank compares to peer institutions
Monitors the Bank's performance and suggests ways to improve performance when applicable
Assists in developing programs designed to meet management identified credit needs of the local communities
Assists in researching and identifying Community Development investment opportunities
Reports program performance as required
Ensures required information is available to the public upon request
Oversees necessary training to ensure bank compliance with CRA policies and regulations
Reports to Senior Management, on a quarterly basis, the results of lending, investments and services to maintain a satisfactory or better CRA rating
Other
Promotes the bank's products and services whenever possible; participates in bank sponsored events, networking and volunteer opportunities at every opportunity
Provides service that aligns with Reliant Bank's Brand Promise: We are a growing community of friends - one relationship at a time
Develop and maintain a positive and productive working relationship with all levels of staff
Ensure that members of the compliance staff possess the necessary experience, education, training, and skills to properly conduct assigned duties
Conducts effective performance reviews and goal setting for Compliance staff members