Compliance Officer

Job Duties

Merchants Bank has an opening for a Compliance Officer. This on-site position can work from any of our Merchants Bank branch locations in Minnesota or Wisconsin.

This position will provide leadership for the Compliance function by conducting research, working with a variety of systems, and with team members. Will supervise the Compliance Specialist. Duties include working with compliance audits (internal and external), sending out requests, gathering information, reviewing reports and findings, and training employees. This role will serve as the company CRA Officer, work on annual risk assessment, and oversee the outsourced MERS audit. Will stay current on compliance and audit information as well as new laws and regulations. Some travel required.

Minimum Education Required

A Bachelor’s degree in Business, Finance, Accounting, Economics, Risk Management or related field required. Certified Regulatory Compliance Manager (CRCM) designation preferred. Requires a minimum of 5 years of experience in banking compliance.

Minimum Experience Required

Skill Requirements:

• Bachelor's degree in Business, Finance, Accounting, Economics, Risk Management or related field required.

• Certified Regulatory Compliance Manager (CRCM) designation preferred.

• CAMS, CFE, CIA, or other relevant certifications are desirable.

• Minimum of five years of progressive responsible banking compliance experience.

• Demonstrated knowledge of federal consumer protection regulations, and compliance risk management practices.

• Experience interacting with federal and state regulatory agencies preferred.

• Must be willing to be flexible and adaptable.

• Must be prepared to learn new regulations and laws.

Shift

First (Day)

Number of Openings

1

Compensation

$

Postal Code

55987

Job Type

Full Time

Place of Work

On-site

Requisition ID

35791

Job Benefits

Health Plans and Insurance – Our health insurance plans provide several flexible options through widely accepted insurance networks. In addition, we also offer dental, vision, life insurance, short-term and long-term disability insurance, supplemental insurance coverage and much more.

Retirement – Merchants strives to educate each employee on the importance of saving for retirement early. We offer a 401(k) with an employer match and an Employee Stock Ownership Program (ESOP), which makes our employees joint owners in our company.

Paid Time Off (Vacation, etc.) – We understand the importance of work/life balance and offer vacation, holiday, float and sick time. Plus, employees can access our Emergency Leave Bank (ELB) during a time of personal emergency, which is funded through the donation of time from other Bank employees.

Success Sharing Plan/Bonus – When all of our employees succeed, we celebrate our success. Eligible employees can join our success sharing plan after six months of employment.

Employee Development and Career Advancement – Merchants provides education and development opportunities to all of its employees. Our Training and Development Department provides access to webinars, seminars, customer service, sales coaching and more. In addition, our annual review process provides a time for goal-setting and career path planning. We are committed to growing our people.

Wellness Plan – Our employees are reimbursed for eligible fitness and exercise-related expenses each year up to a certain dollar amount.

Banking Benefits – We offer special terms, rates and discounts on bank accounts, loans and other products to provide savings to our employees.

Community Involvement – Merchants values being a true community partner in each of the communities we serve. Because of this, we strongly encourage our employees to be active on local boards and volunteer for community organizations.

Tuition Reimbursement – As a benefit for our full-time employees, we reimburse those seeking higher education for credit, courses and/or books, based on their grades and according to program guidelines.