Fort Worth, TX, USA
16 days ago
Lending Compliance Oversight
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The Compliance Specialist IV is responsible for the requirements of the assigned regulatory area of the Compliance Management Program which includes researching, reviewing, and interpreting existing/ pending laws and regulations. The Compliance Specialist IV works with management in order to maintain a quality compliant culture.  Compliance Specialist IV is responsible for developing relationships with applicable community groups for their assigned regulatory function.

        

Essential Duties and Responsibilities

Researches, reviews, and interprets existing and pending laws and regulations, which potentially affect the assigned regulatory area, such as CRA, HMDA, etc.Responsible for establishing and modifying standards, policies, and procedures which affect compliance.Develops and maintains outreach programs for assigned regulatory function to ensure the company is meeting the requirements of the regulation.Represents the bank for assigned regulatory area at community-sponsored events including serving on advisory and/or planning committees.Responsible for meeting the requirements of the Compliance Management Program, which includes associate training, conducting internal assessments, and board reports.Assists management in new product development, systems, and procedures.Provides input relative to compliance and regulatory matters.Ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

Ability to read and comprehend simple instructions, short correspondence, and memos.Ability to read and interpret documents such as procedure manuals, general business correspondence, and/or journals or government regulations.Ability to read, analyze and interpret financial reports and/or legal documents.Ability to write simple-to-business correspondence, routine reports, and procedures.Ability to respond, in writing, to customer complaints, regulatory agencies, or members of the business community.Ability to effectively speak and present information in one-on-one and small group situations, to customers, clients, and other employees in the organization.

Education and/or Experience

BS/BA Degree (4 year) from an accredited university/college or four to six years’ experience in equivalent compliance position required.CRCM certificate or four years of experience in compliance assessment s plus knowledge of CRA and Fair Lending regulations required.

Specialized Training

Experience in Fair Lending reviews and conducting compliance assessments

Computer Skills 

MS Word, Excel, PowerPoint, and Database programs

Other Qualifications (including physical requirements)

Must have good time management and organizational skills.Must have excellent oral and written communication skills.Must have good problem solving skills.Must have the ability to read, analyze, and interpret government regulations, trade journals, and legal documents.Must have the ability to effectively respond to common inquiries from associates and internal audit groups.

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications. Simmons First National Corporation and its subsidiaries are committed to Affirmative Action Programs consisting of results-oriented procedures to ensure equal employment opportunities. These programs require positive action in lieu of neutral non-discrimination and merit hiring/performance policies.

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