Compliance Officer, Finance & Banking

The Compliance Officer role is a hybrid position, requiring three days per week onsite at First Bank Chicago's Northbrook, IL office.

Responsible for working closely as a member of the Enterprise Risk Management (ERM) Department to develop, administer and maintain effective Consumer Compliance Management Programs in accordance with applicable laws, guidelines and regulations.

Work closely as a member of the Bank’s Compliance team to perform, monitor and maintain specific aspects of the compliance programs, including:

• Compliance management system
• Compliance risk assessments
• Compliance monitoring and testing programs
• Compliance training program and reporting
• Consumer complaints process
• Marketing materials and bank forms to ensure compliance with applicable rules and regulations
• CRA service, investment, and loan activity to ensure goals/metrics are being met
• Results of internal and/or external audits for Consumer Compliance related issues to ensure timely and accurate responses and remediation
• Regulatory developments and ensuring timely implementation of new or revised requirements
• Compliance reports for senior management and regulatory agencies
• Provide practical guidance and training to business partners across the bank

Assist in coordinating and attend:

• CRA Committee meeting
• Compliance Committee meeting

• Attend applicable regulatory training, seminars, and conferences to maintain regulatory consumer compliance knowledge
• Determine effects of consumer protection laws and regulations on Bank policy, procedures, and practices
• Maintain and update various consumer compliance policies
• Implement changes to Bank policy, procedures, and practices to ensure compliance with consumer protection laws and regulations
• Inform Bank management and lines of business regarding changes to Federal and State regulatory laws
• Inform Bank management regarding the outcome of reviews and investigations to accelerate any concerns

• Other duties as assigned

• Possesses strong research, analytical and problem-solving capabilities
• Highly organized with the ability to manage multiple duties/projects simultaneously
• Strong written and verbal communication skills
• Detail oriented self-starter capable of working independently
• Collaborate effectively, build strong interpersonal relationships and resolve conflicts constructively
• Strategic thinker with the ability to develop a comprehensive understanding of applicable products and services
• Comprehensive knowledge of all Consumer Protection Regulations
• Ability to quickly learn and adapt to new technologies and systems
• Knowledge of Fiserv Premier software a plus
• Serve as a trusted compliance resource across all functional areas of the Bank

• Bachelor’s Degree in Economics, Finance or Business Management or equivalent related experience
• 3 to 4 years’ Compliance experience with a financial institution
• 1 to 2 years CRA experience preferred
• Prior Regulation O experience/responsibility preferred
• CRCM certification or progress toward a plus

• Expected Salary Range: $82,000 - $93,000 annually
• Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.

First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website:

First Bank Chicago is an Equal Opportunity

Employer:

disability/veteran