Compliance Specialist II

Description

The Compliance Specialist II ensures the bank adheres to all applicable laws, regulations and internal policies. The Compliance Specialist II leads key elements of the bank's compliance program and serves as a subject-matter expert and advisor to personnel and clients. Additionally, the Compliance Specialist II provides oversight and guidance in ensuring services provided by the bank to other Cass business units adhere to policy and regulation standards.

• Works with bank and other Cass business units to design, implement, and enhance the bank's regulatory compliance program.
• Remains proficient in all regulatory compliance matters, including reviewing and interpreting all new and revised regulations and ensuring enterprise-wide implementation.
• Researches, analyzes and provides guidance and documented recommendations related to federal and state banking laws and regulations, including in the areas of innovative banking products.
• Informs personnel and leadership of regulatory pronouncements and their implications for bank policies and procedures.
• Assists the Manager, Compliance Officer in the revision of policies and procedures to ensure clarity and compliance with federal and state regulations and bank policies.
• Assists personnel by directing and validating appropriate controls to ensure regulatory compliance at the bank and supported business units.
• Monitors compliance with laws and regulations throughout the bank and supported business units, through independent testing, issue tracking, and risk assessments.
• Assists in providing regulatory compliance training and develops content for targeted and role-based training programs.
• Serves as a compliance resource to managers and staff in all departments, responding to and resolving compliance-related questions and issues.
• Reviews forms, notices, brochures, advertisements, and other communications for compliance with laws and regulations.
• Prepares for, provides assistance to and coordinates with outside auditors and bank examiners during regulatory compliance audits and examinations.
• Oversees the execution of risk assessments to identify potential areas of compliance vulnerability and risk and leads the development, execution, and monitoring of corrective action plans for resolution.
• Leads investigations into compliance violations or breaches, including root‑cause analysis, management reporting, and regulatory response coordination, ensuring timely and thorough resolution of issues.
• Maintains a current knowledge of the Bank Secrecy Act and all related anti‑money laundering and OFAC regulations.
• Actively monitors legislative and regulatory developments regarding the Bank Secrecy Act and advises leadership on risks, trends and required actions.
• Other duties as needed or assigned.

• Experience reading and interpreting legal documents and government regulations and translating requirements into actionable business guidance, including around innovative banking products and services.
• Ability to exercise discretion and judgement to make independent decisions that support the business.
• Advanced working knowledge of federal and state regulations and standards for bank compliance.
• Previous experience writing policies and procedures, regulatory‑quality reports and management‑level summaries.
• Advanced knowledge of banking regulations including BSA/AML, CRA, Reg. W, and Reg.
  
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• Intermediate level of Microsoft Excel skills required (advanced data analysis preferred).
• Experience working with Salesforce, nCino and Verafin preferred.
• Excellent time management and organizational skills with the ability to manage multiple, competing priorities independently.
• Strong analytical skills for research, problem‑solving and risk prioritization.
• Superior writing, verbal and presentation skills.
• Proficiency in data and risk analysis and issue remediation tracking.
• Willingness to enhance skills and qualifications through additional training and certification.

• Bachelor's degree in a business‑related field, with a preference for majors in business, finance or accounting, or…