Compliance Specialist, Finance & Banking

Overview

Additional Considerations (if any):
At Midwest Heritage, the core of our culture is taking care of the customer and taking care of each other. Our employees appreciate that their contributions make a direct impact on the success of our business as well as their own personal and professional growth.

Job Title:

Compliance Specialist

Department:
Banking

FLSA:
Exempt

General Function:
The Compliance Specialist plays a crucial role in ensuring that Midwest Heritage adheres to all applicable federal and state regulations, internal policies, and industry best practices. This position supports the VP of Compliance and Audit in the day‑to‑day operations of the compliance program, including monitoring, reporting, training, and assisting in regulatory filings.

• Organization
• Communication
• Problem Solving
• Critical Thinking
• Assessment & Interpretation Reporting Relations

Accountable and

Reports to:

VP of Compliance and Audit

Positions that Report to you:
None

• Assist in creating and maintaining Standard Operating Procedures for the compliance department.
• Complete risk‑based compliance monitoring to ensure Midwest Heritage maintains compliance with all applicable federal and state regulations and laws, including loan file review, HMDA data verification, flood, deposit product change in terms, and CRA.
• Assist in development and delivery of compliance training programs to employees to ensure they understand regulatory requirements and the bank’s compliance policies. Keep management and other bank personnel informed of new regulatory requirements or changes to existing regulations.
• Prepare regular compliance reports for Compliance Committee documenting the Regulatory Compliance Monitoring Program.
• Assist with formulating and updating bank policies and procedures to maintain compliance with all applicable federal and state regulations and laws.
• Support the VP of Compliance and Audit in preparing for and completion of regulatory examinations and audits.
• Review marketing material for regulatory compliance in rotation with the VP of Compliance and Audit.
• Assist with Bank Secrecy Act duties, including CTR and SAR filing, review of 314a reports, Prime alerts, and serve as backup to AVP Compliance in their absence.
• Member of the Compliance Committee. Special projects, as assigned, and serves as backup to VP of Compliance and Audit in their absence.

• Commitment to the Midwest Heritage mission and willingness to promote the values of the organization.
• Strong organizational and time‑management skills with the ability to prioritize multiple tasks and meet deadlines.
• Proficient computer skills. Microsoft Office preferred (Outlook, PowerPoint, Excel and Word).
• Good verbal and written communication skills.
• Strong interpersonal skills; ability to relate to and interact with people in a friendly, professional manner.
• Strong detail orientation including the ability to review forms for accuracy and completeness.

Minimum Education:

High school diploma or equivalent. Bachelor’s degree in related field preferred.

Minimum Experience:

Two plus years of related experience (banking experience required).

This position is classified as sedentary/light and requires the ability to sit for long periods of time. Visual requirements include ability to see detail at near range with or without correction. Must be able to perform the following physical activities: sitting for long periods, talking (in person and by telephone), hearing and repetitive motions.

The duties of this position are normally performed in a general office setting. This is a fast‑paced work environment. There is frequent pressure to meet deadlines and handle multiple projects in a day.

PC with Microsoft Office programs.

This position works with Midwest Heritage employees, customers, Hy‑Vee employees, vendors and outside agents doing direct business with Midwest Heritage.

This position has the responsibility to protect the privacy and confidentiality of customers, employees and bank/insurance/financial information at all times.

When you become an employee of Midwest Heritage, you enjoy the friendliness and direct customer care of a community bank while also enjoying the many benefits of a larger organization, Hy‑Vee. Hy‑Vee is one of the largest employee‑owned companies in the United States.

Please note that all applicants, if presented with a conditional offer of employment, will be required to complete pre‑employment screening that consists of credit and criminal. Results of these screenings will determine the confirmation of any employment offer.