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Minnesota Bankers Association

Senior Compliance Specialist

Minnesota Bankers Association, Saint Paul, Minnesota, United States,


We are seeking a meticulous and organized Sr. Compliance Specialist to join our Compliance team at our St. Louis Park location. Reporting to the Compliance Manager, the Senior Compliance Specialist provides support in the development and administration of the Bank’s compliance program and second line of defense. Under minimal supervision, this position will develop, implement, and monitor various aspects of the Bank’s compliance program and communicate with all staff levels from reviewees to the Strategic Leadership Team and the Board of Directors. Viable candidates would have one or more of the following experiences: financial institution regulatory compliance testing or monitoring, regulatory examiner, and/or bank internal audit.RESPONSIBILITIES:Conduct scheduled monitoring/review activities; loans, deposits, and miscellaneous compliance requirements (no Bank Secrecy Act)Communicate verbally and in writing with reviewees up to the Board of Directors; draft reports and obtain responses to findingsManage compliance finding resolutionSubject Matter Expert, as assigned, for loan and deposit regulatory compliance, Home Mortgage Disclosure Act (HMDA), Fair Lending, and Community Reinvestment Act (CRA)Contribute to satisfactory internal and external audits and examinationsAttend and actively participate in Compliance CommitteeRespond to compliance questions received from staffRepresent Compliance Department on applicable regulatory implementation teams; and product, service, and process changesAssist in developing, monitoring, and updating the Bank’s compliance related policies and proceduresAssist in developing and maintaining review and monitoring programsAssist in developing and conducting training of staff on regulatory topicsBack up Compliance Manager and mentor Compliance Specialist(s)Maintain current knowledge of all applicable compliance statutes, regulations, and interpretationsQUALIFICATIONS:Bachelor’s degree and 5 to 7 years of bank compliance audit/review/monitoring or internal audit experience or equivalent combination of education and experienceCertified Regulatory Compliance Manager (CRCM) or Certified Community Bank Compliance Officer (CCBCO) preferredExperience preferred: Fiserv, fintech compliance, and governance, risk, and compliance (GRC) softwareWorking knowledge of regulatory banking regulations and bank operations, practices, and processesExperience in researching, evaluating, interpreting, and communicating laws and regulationsExcellent oral and written communication skillsStrong attention to detail, critical thinking ability, accuracy, and meeting deadlines, collaborate in a team environmentProficiency in Microsoft Excel, Word, PowerPoint, Teams, and OutlookABOUT BRIDGEWATER BANK:Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.We are on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus!

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