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Berkshire Bank · 21 hours ago

Compliance Analyst - Lincoln, RI/Boston, MA/Yorktown Heights, NY

Boston, MA

Full-time

Hybrid

Entry Level

$52K/yr - $81K/yr

2+ years exp

Berkshire Bank is seeking a Compliance Analyst to assist in managing the compliance program for Brookline Bancorp’s subsidiary companies. The role involves supporting the Chief Compliance Officer and Compliance Managers in ensuring adherence to federal and state laws and regulations, as well as assisting in regulatory examinations and compliance training.

BankingFinancial Services

Responsibilities

Assists in regulatory examinations, independent audits or management self-monitoring reports

Assists in preparing, distributing and following up on management monitoring reports for business units throughout the company

Participates in federal regulatory examinations for compliance

Assists the Complaint Officer with the monitoring resolution of consumer complaints

Assists the SAFE Act Officer / Compliance contact for SAFE act and work with applicable business units and Human Resources to ensure SAFE Act compliance and training

Assists in successfully managing the on-going implementation of the Compliance Program at each bank by focusing on loan and deposit disclosure and other requirements related to offered products and services

Assists in developing and delivering supplemental compliance training programs as required, and prepares written communications of regulatory changes pertaining to areas of specialty to ensure employee understanding

Assists management on a day to day basis by answering questions and conducting necessary research pertaining to areas of specialty

Assists business line management in the proper resolution of any noted deficiencies in audits as well as from regulatory examinations and monitoring

Assists the Chief Compliance Officer during regulatory examinations and assist the Internal Auditor with compliance related internal audits as necessary

Maintains knowledge of applicable laws and regulations as well as internal controls at each entity necessary to satisfy requirements and work with the business units and Management as necessary to prepare for changes in regulations, guidance, and requirements

Qualification

Banking regulations knowledgeCompliance experienceCRCM certificationMS Word proficiencyMS Excel proficiencyPowerPoint knowledgeCommunication skills

Required

Maintains a thorough knowledge of federal and state laws and regulations pertinent to the area of specialty

Assists in regulatory examinations, independent audits or management self-monitoring reports

Assists in preparing, distributing and following up on management monitoring reports for business units throughout the company

Participates in federal regulatory examinations for compliance

Assists the Complaint Officer with the monitoring resolution of consumer complaints

Assists the SAFE Act Officer / Compliance contact for SAFE act and work with applicable business units and Human Resources to ensure SAFE Act compliance and training

Assists in developing and delivering supplemental compliance training programs as required

Prepares written communications of regulatory changes pertaining to areas of specialty to ensure employee understanding

Assists management on a day to day basis by answering questions and conducting necessary research pertaining to areas of specialty

Assists business line management in the proper resolution of any noted deficiencies in audits as well as from regulatory examinations and monitoring

Assists the Chief Compliance Officer during regulatory examinations and assist the Internal Auditor with compliance related internal audits as necessary

CRCM (will be required within 1-2 years)

2 - 3 years of Banking and/or Compliance experience

Knowledge of Banking regulations including deposits, loans, servicing, CRA

Excellent written and oral communication skills

Thorough knowledge of MS Word and Excel required