What are the responsibilities and job description for the Compliance Officer position at The Commercial & Savings Bank?
The Commercial & Savings Bank (CSB) is an independent community bank that provides a complete range of banking and financial services to consumers and businesses. CSB has approximate assets of $1.1 billion and sixteen banking centers located in Holmes, Stark, Tuscarawas, and Wayne counties. Additionally, Wealth Management offices are located in Millersburg, North Canton, and Wooster, Ohio. CSB is recognized as a top employer in our region as a six-year winner of the NorthCoast 99 award (www.northcoast99.org), which recognizes the 99 best employers for top talent in Northeast Ohio. We are always looking for people who are passionate about excellence, service, and growth.
Due to an internal promotion, CSB is seeking an individual to join our team as a Compliance Officer. This full-time position is located at our Operations Center in Millersburg, Ohio. However, flexibility exists to work in one of CSB's 15 other locations as needed based on geography preference.*
Summary: * Oversees adherence of establishment's policies and procedures to federal and state laws and regulations.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Prepare and update, as necessary, Bank regulatory policies and procedures addressing each regulation to ensure compliance with laws and regulations.
- Stays informed of changes to federal and state banking laws and regulations affecting the management, operations, and product offerings of the Bank. Coordinates the implementation of changes required.
- Maintain a proficient knowledge of banking regulations.
- Act as compliance liaison with Bank legal counsel regarding regulatory compliance and contract issues.
- Coordinates, supervises, and supports compliance management program, including compliance training, distribution of information, and monitors Bank records for compliance.
- Review loan files and report the levels of compliance to the loan policy and to the law by portfolio and by officer.
- Review procedures and Bank disclosures of all products to ensure compliance with laws and regulations.
- Approve advertisements and marketing materials after review to all applicable regulations.
- Present quarterly compliance summaries to the Board of Directors.
- Assist collection department as needed.
- Backup to Community Reinvestment Act (CRA) Officer.
- Liaison with regulatory examiners.
- Demonstrates a commitment to CSB’s vision, mission, and core values and seeks to align one’s behavior in such a way that gives these foundational principles the best chance at becoming a reality.
Education and/or Experience: A high school diploma or General Education Degree (GED) is required. A four-year degree in a related field is preferred. A minimum of one year of related work experience; or equivalent combination of education and experience.
The Commercial & Savings Bank is an Equal Opportunity Employer.
Job Type: Full-time
Pay: $46,000.00 - $76,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Vision insurance
Schedule:
- Day shift
- Monday to Friday
Work Location: One location
Salary : $1 - $46,000