Compliance Manager, Finance & Banking

Compliance Manager at Leighton State Bank

Leighton State Bank is a locally owned community bank with branch locations in Pella, Leighton, Monroe, and Knoxville. The bank offers a full range of financial products and services, including online and mobile banking, diverse account options, consumer and commercial loans, and fraud protection solutions. As a smaller institution, Leighton State Bank emphasizes personalized service and long-term relationships with customers. Team members benefit from a close-knit work environment that values integrity, accountability, and community involvement.

This full-time, on-site Compliance Manager role is based in Pella, IA. The Compliance Manager is responsible for developing, implementing, and maintaining the bank’s compliance program to ensure adherence to federal and state banking regulations, internal policies, and industry standards. Day-to-day responsibilities include monitoring regulatory changes, performing risk assessments, reviewing and updating policies and procedures, and overseeing compliance audits and examinations. The role also involves training and advising staff on compliance requirements, investigating potential compliance issues, and preparing reports and documentation for senior leadership.

The Compliance Manager collaborates with operations, lending, and other departments to promote a strong culture of compliance and ethical conduct.

• Effectively help customers achieve their financial goals by providing internal customer service that models the values of integrity, flexibility, helpfulness, proficiency and commitment
• Develop risk controls in collaboration with bank management in such a way that they minimize the impact to the bank’s customers and help the bank operate efficiently.
• Provide timely support to senior leaders and staff when they encounter unique situations requiring research and direction in complying with applicable processes, procedures and regulations.

• Achieve and maintain a base of knowledge on regulations and law that the bank is required to comply with on an ongoing basis
• Perform internal risk assessments as needed to shape compliance direction
• Develop and maintain policies and recommend changes that guide the bank in establishing a framework for appropriate compliance on an ongoing basis
• Lead a compliance committee consisting of department heads and functional area specialists in establishing procedures and processes in their respective areas so effective compliance can be achieved as a routine part of all banking activity
• Design and coordinate a compliance training program by developing a working relationship with third party training and consulting resources and implementing appropriate staff training initiatives and opportunities for both new and existing employees to ensure that bank staff is optimally trained to achieve desired compliance
• Develop and maintain appropriate reporting to the Board of Directors on compliance initiatives and collaborate with the Board in achieving regulatory compliance
• Oversee management of third-party vendors by completing initial due diligence of new vendors and collecting and reviewing documents for ongoing management of existing vendors

• Lead, coach, train, and develop staff in compliance, systems, and product knowledge to achieve performance goals
• Direct and manage the accuracy, productivity, and efficiency of compliance staff and operations
• Supervise department and staff by assigning work, scheduling, and conducting Compass Meetings and Compensation Reviews

• Maintain oversight to ensure compliance team members or third parties coordinate appropriate audit processes and protocol to assess whether the bank is effectively achieving compliance with all applicable regulations
• Either directly or indirectly complete internal audits on applicable scopes of regulation to assess the effectiveness of…