Compliance Specialist at Maine Community Bank

Westbrook, Maine, United States -

Full Time

Start Date

Immediate

Expiry Date

01 Apr, 26

Salary

0.0

Posted On

01 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance Monitoring, Quality Control, Fair Lending, CRA Data Collection, HMDA Reporting, Regulatory Examinations, Administrative Support, Problem Solving, Attention to Detail, Communication Skills, Organizational Skills, Decision Making, Data Validation, Flood Regulations, Compliance Risk Assessment, Community Initiatives

Industry

Banking

Description

Description Department: Risk Reports to: Director of Compliance and Audit FLSA: Non-Exempt Last Modified: 12.02.25 Job Summary: This position is responsible for working with the Director of Compliance and Audit to execute a successful Compliance Management program, including but not limited to monitoring and conducting quality control reviews of all compliance related products, services and processes to ensure compliance with the Bank’s policies and procedures, Federal and State regulations, and other third-party contractual requirements. Also involved in community initiatives as needed to support the development of relationships in the communities the Bank serves. Essential Functions: Conducts periodic compliance monitoring as prescribed in the compliance monitoring plan to include the identification of non-compliant issues to be reviewed with the Compliance team. Initial review of non-originated loans to identify any fair lending issues pursuant to the Fair Lending policy. Maintains a working knowledge of all compliance regulations. Performs CRA and HMDA data collection, review, accuracy and reporting to include data validation and reconciliation. Assists in the assembly of the Compliance Committee and Complaint team packages. Attends the Complaint Team meetings and takes minutes. Conducts Compliance review for all marketing materials. Conducts monthly flood loan monitoring and tracks new flood loans for adherence with Flood regulations. Assists in the Compliance Risk Assessment process. Gathers supporting information for regulatory examinations and internal audits. Provides administrative support for the Director of Compliance & Audit. Performs other miscellaneous duties as requested. Skills, Experience, and Training: Bachelor’s degree in business administration or related field preferred and a minimum of 2 years of experience in a financial institution, preferably in the area of compliance; or an equivalent combination of education and experience. Excellent verbal and written communication skills. Excellent organizational, problem solving and decision-making skills and a highly developed ability to pay close attention to detail. Ability to manage and prioritize multiple tasks and meet deadlines in a fast-paced environment. Physical Requirements and Working Conditions: Physical surroundings are generally pleasant and comfortable. Minimal physical effort required. May sit or stand with freedom of movement on a regular basis. Handling of moderately heavy materials (up to 20 pounds).

Responsibilities

The Compliance Specialist will work with the Director of Compliance and Audit to execute a successful Compliance Management program. This includes monitoring compliance-related products and services, conducting quality control reviews, and supporting community initiatives.