Compliance Analyst

Description:

River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank, and Rollstone Bank and Trust. Together, we shape the evolution of community banking through innovation and strong partnerships, while preserving the personalized service our customers value. Here, you will discover opportunities for professional growth, make a meaningful impact in your local community, and join a team that champions integrity, collaboration, and continuous progress. This is community banking, evolved.

The Compliance Analyst supports the Bank’s Compliance Management Program by performing second line of defense monitoring and testing activities under the direction of the VP Compliance Officer. This role helps ensure the banks of River Run MHC maintain compliance with applicable consumer and commercial banking regulations across deposit and lending products. The individual performs a number of the department’s monitoring reviews and serves as the primary administrator of the organization’s Learning Management System (LMS). The ideal candidate will have a strong desire to learn, be detail-oriented, and demonstrate initiative in a collaborative team environment.

This role features a hybrid work model that blends in-office collaboration three days a week with the flexibility to work from home two days a week.

Essential Job Functions

• Performs risk-based consumer compliance monitoring and testing activities in accordance with the compliance monitoring schedule.
• Assists in identifying and assessing compliance risks within various business lines.
• Document and communicate monitoring results, findings, and recommendations in a clear and professional manner.
• Reviews bank advertisements, marketing materials, policies, procedures, and deposit and loan disclosures for compliance with regulatory requirements.
• Sets up and reports on all on-line compliance training programs for all employees of the banks and service company.
• Keeps abreast of new requirements for compliance.
• Takes minutes of Compliance Committee meetings.

Other Duties

• Performs additional duties, as directed by management.
• Complies with all related consumer regulatory requirements.
• Maintains Compliance Department procedure updates, as needed.
• Participates in the Banks’ Compliance Committee(s).
• Actively attends ongoing compliance training and education to stay current with related regulations.

Qualifications, Experience, and Education

• Bachelor’s degree or equivalent work experience preferred.
• Certified Regulatory Compliance Manager (CRCM) designation or demonstrated willingness to obtain CRCM within one year of employment.
• Minimum of 5 years’ experience in consumer lending and deposit regulatory compliance.
• Strong knowledge of complex and multi-layered compliance documents and Federal Register.
• Demonstrated skill and comfort level in communicating effectively with groups and committees, both verbally and in writing.
• Strong ability to work effectively both independently and as a participant.

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at [email protected] or call 978-462-3136.