The Compliance Analyst / Tester is responsible for Conducting standardized periodic compliance testing & monitoring oversight reviews following the Compliance Review Schedule including issuance of findings reports to the department and senior management regarding completed testing. This role conducts change management reviews of new products, processes, and initiatives for compliance with applicable federal and state regulations, statutes, and guidance with the Compliance Management team. They prepare, deliver, and effectively communicate analysis and reporting regarding regulatory compliance to oversight committees and management, as needed. Finally, this role ensures material compliance issues identified by any means and through any source related to Ent's products are recorded, tracked, and reported to ensure their appropriate and timely resolution. They conduct follow-up audits of corrective actions as necessary to ensure recommendations are implemented appropriately. The Compliance Analyst / Tester II role builds upon the expertise of the level I role by being seen as a subject matter expert in their assigned area of expertise. Level II individuals have a working knowledge of relevant regulations and a demonstrated understanding of how the effects of actions taken in one area may create (or resolve) issues in another area of the organization.
Essential FunctionsSecond Line Compliance Periodic Testing & Review: Conduct standardized periodic compliance testing & monitoring oversight reviews following the Compliance Review Schedule including issuance of findings reports to the department and senior management regarding completed testing. Conduct change management reviews of new products, processes, and initiatives for compliance with applicable federal and state regulations, statutes, and guidance with the Compliance Management team. Assist with the development, implementation, and maintenance of the Company's Compliance Management System. Ensure that policies, procedures, and programs comply with applicable regulatory requirements and mitigate the risk of non-compliance within Ent's stated risk tolerances. Establish testing and monitoring protocols to assess and measure operations compliance with legal and regulatory requirements and identify defects and deficiencies requiring corrective action. Provide advertisement approvals for marketing initiatives.Compliance GAP Analysis: Prepare, deliver, and effectively communicate analysis and reporting regarding regulatory compliance to oversight committees and management. Prepare for examination or audit materials as needed. Conduct root cause analysis of compliance exceptions noted during testing and monitoring oversight reviews. Assess all regulatory risks related to deposit operations or lending operations, including identifying gaps in controls, highlighting areas of highest risk, and developing appropriate risk mitigation strategies. Assist in completing Compliance Risk Assessments and Risk Control Self Assessments following Compliance Department processes and procedures.Compliance Specialty: Develop a thorough understanding of procedures for all areas of responsibility. Develop knowledge of all compliance regulations within assigned areas of specialty. Maintain a working knowledge of compliance requirements affecting this position and area of responsibilities while actively learning new regulations and assisting in the implementation, if required.Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.
