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Req ID:  3756
Location: 

Chicago, IL, US, 60631

Analyst, Compliance II

FT/PT:  Full-Time

First Midwest, with assets over $16 billion, is the premier relationship-based banking franchise in the dynamic Chicagoland banking market. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides the full range of commercial, retail banking, and wealth management services through some 120+ offices located in communities in metropolitan Chicago, Northwest Indiana, Central and Western Illinois, and Eastern Iowa. 

POSITION SUMMARY:

The Compliance Analyst II position is a part of the Compliance Program Management in the Risk Management’s Compliance Program Management Department of First Midwest Bank. This role reports to the Compliance Program Manager. This position assists in the implementation and administration of the Bank’s Compliance Program, including regulatory change management, issues management, regulatory affairs, and, measuring, and monitoring, and reporting risks associated with the Bank’s Compliance Risk Management System.  Administers regulatory change program, including identification of applicable regulatory change and impacted lines of business.  Coordinates with Compliance Advisory Services to ensure regulatory change is addressed timely and appropriately.  Administers issues management program, working with compliance personnel and line of business to verify identified issues are appropriately addressed; assists Compliance Program Manager with Regulatory exam preparation, administration and required reporting.  Serves as Examination Manager for less complex examinations.  Supports Compliance Management team, assisting with risk-related Compliance projects.
 

REQUIRED EDUCATION, EXPERIENCE AND SKILLS:

    Bachelor’s degree in business or other related field preferred or equivalent work experience
    Minimum of 5 years of experience in banking or related industry 
    Knowledge and understanding of the material requirements of Consumer Compliance Laws and Regulations
    Experience with data and analytics preferred
    Strong organization and problem-solving skills
    Strong written and verbal communication skills 
    Strong quantitative skills
    Strong multi-tasking abilities and able to excel in a fast-paced environment
    Ability to work independently and as a group member 

 

#LI-DF1   #CB
 

DUTIES/RESPONSIBILITIES:

    Administers Regulatory Change Management Program, including identification, assignment and tracking of applicable regulatory changes
    Administers Compliance Issues Management Program, including tracking applicable issues, and verifying they are being addressed timely and reporting their status and progress
    Coordinates regulatory exam preparation, including identification of appropriate personnel, tracking of responses, working with line of business to identify appropriate reporting and response information
    Serves as Examination Manager for less complex regulatory examinations
    Drafts regulatory communications
    Identifies and escalates areas of concern to Compliance Program Manager
    Preparing ongoing and ad hoc regulatory compliance reports
    Maintains SharePoint Governance structure for Risk Management
    Maintains tracking logs for pending regulatory compliance legislation
    Works with Compliance Management to assist with regulatory affairs issues, including requesting and tracking examination document requests and Compliance Management responses to Regulatory Exam, Regulatory Audit, and Compliance Monitoring Report findings
    Maintains Compliance-related policy approval list
    Assists Compliance Management with updates to Compliance risk assessments, including Fair Lending and UDAAP Risk Assessments
    Maintains and updates metrics reports related to quarterly Compliance Risk presentations, and related Compliance Management Reports
    Communicates with Bank employees and managers as part of the regulatory compliance process 
    Researches and resolves Bank specific Compliance-related issues 
    Disseminates compliance information to business line managers and executives, including written and graphical reports as requested by Compliance Managers
    Attends all training sessions, schools, and seminars as requested by Compliance management 
    Maintains knowledge of Banking Regulations and related Statutes covered by the Bank’s Compliance Policy
    Special projects as assigned
 

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
Please view Equal Employment Opportunity Posters provided by OFCCP here and Supplement here.


Nearest Major Market: Chicago

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