Compliance Advisor II

Company: Commerce Bank
Location: Kansas City
Posted on: May 14, 2022

Job Description:

About Working at Commerce - Wouldn't it be great to build your career at a bank that's known for helping people with their financial challenges? That's exactly what you'd be doing when you join the team at Commerce Bank. We're looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You'd be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions. - -No wonder we've been an industry leader for over 150 years and have developed a reputation as a great place to work in the financial services world. If you'd like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We're always looking for the best and brightest. About This Job As a Compliance Advisor II, you will provide advice with respect to implementation of and compliance with applicable rules and regulations. The Compliance Advisor II will review and monitor policies and procedures to ensure compliance with federal and state banking regulations and the corporate compliance program. They will apply excellent critical thinking skills in a consultative role with a significant degree of business line interaction. This position assesses the internal controls, operations, and administrative functions for efficiency and effectiveness. Works semi-independently under the direct supervision of the Chief Compliance Officer - Banking. This position will be Flexible: Work both on-site and remote with schedule agreed upon by manager. Will be on-site when business needs arise and for "moments that matter." Essential Functions

• Stay informed of compliance-related rules, regulations, and guidance in an effort to assist the CCO - Banking and bank staff
• Review and interpret new and pending laws and regulations that potentially affect the business' operations
• Assist in review and/or implementation of new products, services, and/or software as it relates to compliance functions
• Review and evaluate operating procedures and controls related to compliance objectives
• Review and monitor policies and procedures to ensure compliance with federal and state banking regulations and the compliance program
• Maintain ongoing relationships with Commerce Bank business lines and support unit partners
• Demonstrate leadership to, and provide training for, bank staff in compliance-related matters
• Serve as liaison between the Banking Compliance department and the assigned business unit(s) on identifying and addressing compliance concerns as changes are made
• Assist in responding to requests from regulators and/or addressing exceptions from audits, both internal and external
• Provide advice during the development and installation of solutions to ensure proper implementation of compliance requirements and development of ongoing compliance controls
• Provide ongoing support and advice related to compliance with internal procedures and processes with recommendation for corrective measures where applicable
• Develop and review content for compliance training programs, including advice to business lines on 1st line of defense training opportunities and content development
• Assist in the completion of compliance risk assessments
• Perform other duties as assigned Knowledge Skills & Abilities Required
  • Excellent knowledge of consumer compliance regulations
  • Must be able to interpret regulations and apply them to bank functions
  • Critical analysis skills sufficient to analyze and communicate complex regulatory concepts
  • Ability to think strategically across multiple lines of business to create practical compliance solutions
  • Sound business and professional judgment
  • Ability to troubleshoot, problem solve, and successfully manage ambiguity
  • Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
  • Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
  • Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
  • Intermediate level proficiency with Microsoft Word, Excel, and Outlook Education & Experience
    • Bachelor's degree or equivalent combination of education and experience required.
    • 6+ years of compliance experience or equivalent technical knowledge
    • 4 years of well-rounded and progressive banking experience
    • Excellent knowledge of consumer compliance regulations
    • Certifications such as CPA, Certified Bank Auditor, Certified Regulatory Compliance Manager (CRCM) or admission to the Bar (preferred) Location: 922 Walnut St, Kansas City, Missouri 64106Time Type:Full time

Keywords: Commerce Bank, Kansas City , Compliance Advisor II, Accounting, Auditing , Kansas City, Kansas