Alma Bank
Overview
Alma Bank, headquartered in Long Island City, New York, and with 13 branches across Queens, NYC, New Jersey, Brooklyn and the Bronx, offers a private banking style experience to business banking clients. Alma is seeking a Compliance Analyst to join Alma Compliance, which designs and delivers enterprise-wide independent compliance risk management and develops internal policies, procedures, and processes to prevent violations of law, rule, regulation, or policy. Based out of the Alma Corporate Office in Long Island City, New York, the successful candidate will report to the Compliance Officer and assist in the execution of all facets of the Bank’s Compliance Program, with emphasis on the Bank’s Community Reinvestment Act (CRA) and Fair Lending Compliance Program. The role includes developing and implementing programs to ensure Alma meets the credit needs of the communities it serves and engaging with business units to maintain regulatory compliance. Location: Long Island City, NY. Employment type: Full-time. Responsibilities
Assist with designing, developing, delivering and maintaining the Compliance Program, including policies, procedures, and practices; administer all aspects of Alma’s Compliance programs. Identify and assess key and emerging compliance risks by staying current with federal and state laws, regulations, rules, guidance, and internal policy changes. Monitor and test the Bank’s compliance with applicable laws; ensure risks are identified, measured, monitored, controlled, tracked to completion, and escalated as needed to senior management. Provide support to all business lines to drive compliance with applicable laws, rules, regulations, and Bank policies. Collect and analyze data to support CRA and Fair Lending objectives; maintain CRA, Fair Lending, and HMDA reports, files, data, documentation, and the Bank’s CRA Public File. Conduct compliance reviews of loan applications to identify Fair Lending issues and recommend changes to programs and processes as needed. Participate in handling complaints and manage software systems related to CRA and Fair Lending as a systems administrator; ensure data loading and software updates. Prepare reports and materials for presentation to the Board of Directors, CRA and Fair Lending Committee, and senior management. Facilitate the development of compliance training and tools for Bank employees. Review advertising materials and update relevant policies and procedures. Provide support with other initiatives and duties as assigned. Qualifications
2-5 years of relevant experience in the financial services industry or regulatory body, with experience in compliance, audit, or other control functions; understanding of compliance laws, rules, regulations, risks, and typologies. Testing or audit experience with Regulations E, P, O, W, CC, DD, GG, as well as E-sign, SAFE, SCRA/MLA. Knowledge of the Community Reinvestment Act (CRA) and Fair Lending laws; proficiency with CRA and Fair Lending software applications (e.g., Trupoint, CRA Wiz, Fair Lending Wiz) is a plus. Strong writing and analytical skills, sound judgment, discretion, and understanding of business processes. Ability to work independently and collaboratively; strong project management and organizational skills with the ability to handle multiple projects. Excellent interpersonal communication and presentation skills (written and oral). Education and Experience
Bachelor’s degree and experience in banking compliance or other control function within financial services, regulatory organization, or a combination thereof. Advanced degree preferred. Benefits
Salary commensurate with experience. Open and collaborative work environment. Generous 401(k) matching, comprehensive healthcare coverage (medical/dental/vision), short and long-term disability, life insurance, and long-term care options. Equal Employment Opportunity
Alma Bank is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other protected status by law. No Agencies Please
#J-18808-Ljbffr
Alma Bank, headquartered in Long Island City, New York, and with 13 branches across Queens, NYC, New Jersey, Brooklyn and the Bronx, offers a private banking style experience to business banking clients. Alma is seeking a Compliance Analyst to join Alma Compliance, which designs and delivers enterprise-wide independent compliance risk management and develops internal policies, procedures, and processes to prevent violations of law, rule, regulation, or policy. Based out of the Alma Corporate Office in Long Island City, New York, the successful candidate will report to the Compliance Officer and assist in the execution of all facets of the Bank’s Compliance Program, with emphasis on the Bank’s Community Reinvestment Act (CRA) and Fair Lending Compliance Program. The role includes developing and implementing programs to ensure Alma meets the credit needs of the communities it serves and engaging with business units to maintain regulatory compliance. Location: Long Island City, NY. Employment type: Full-time. Responsibilities
Assist with designing, developing, delivering and maintaining the Compliance Program, including policies, procedures, and practices; administer all aspects of Alma’s Compliance programs. Identify and assess key and emerging compliance risks by staying current with federal and state laws, regulations, rules, guidance, and internal policy changes. Monitor and test the Bank’s compliance with applicable laws; ensure risks are identified, measured, monitored, controlled, tracked to completion, and escalated as needed to senior management. Provide support to all business lines to drive compliance with applicable laws, rules, regulations, and Bank policies. Collect and analyze data to support CRA and Fair Lending objectives; maintain CRA, Fair Lending, and HMDA reports, files, data, documentation, and the Bank’s CRA Public File. Conduct compliance reviews of loan applications to identify Fair Lending issues and recommend changes to programs and processes as needed. Participate in handling complaints and manage software systems related to CRA and Fair Lending as a systems administrator; ensure data loading and software updates. Prepare reports and materials for presentation to the Board of Directors, CRA and Fair Lending Committee, and senior management. Facilitate the development of compliance training and tools for Bank employees. Review advertising materials and update relevant policies and procedures. Provide support with other initiatives and duties as assigned. Qualifications
2-5 years of relevant experience in the financial services industry or regulatory body, with experience in compliance, audit, or other control functions; understanding of compliance laws, rules, regulations, risks, and typologies. Testing or audit experience with Regulations E, P, O, W, CC, DD, GG, as well as E-sign, SAFE, SCRA/MLA. Knowledge of the Community Reinvestment Act (CRA) and Fair Lending laws; proficiency with CRA and Fair Lending software applications (e.g., Trupoint, CRA Wiz, Fair Lending Wiz) is a plus. Strong writing and analytical skills, sound judgment, discretion, and understanding of business processes. Ability to work independently and collaboratively; strong project management and organizational skills with the ability to handle multiple projects. Excellent interpersonal communication and presentation skills (written and oral). Education and Experience
Bachelor’s degree and experience in banking compliance or other control function within financial services, regulatory organization, or a combination thereof. Advanced degree preferred. Benefits
Salary commensurate with experience. Open and collaborative work environment. Generous 401(k) matching, comprehensive healthcare coverage (medical/dental/vision), short and long-term disability, life insurance, and long-term care options. Equal Employment Opportunity
Alma Bank is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other protected status by law. No Agencies Please
#J-18808-Ljbffr