Compliance Officer I - Testing

Why Bank OZK

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

 

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.

 

Job Purpose & Scope

Performs testing activities to develop independent conclusions regarding effectiveness of control environment; prepares workpapers and summary reporting for Compliance leadership that support control effectiveness conclusions.

 

 

Essential Job Functions

1. Performs testing activities to develop independent conclusions regarding effectiveness of control environment; prepares workpapers and summary reporting for Compliance leadership that support control effectiveness conclusions.
2. Serves as a compliance subject matter expert and ensures Bank compliance with current laws and regulations.
3. Maintains and demonstrates current knowledge of applicable state and federal laws and regulations, including, but not limited to: deposit products, advertising, privacy, website compliance, mortgage lending, consumer lending, collections, and mortgage servicing.
4. Collaborates with the compliance team and other Bank departments on program-wide compliance initiatives.
5. Develops productive relationships with business unit personnel and leadership to enable complete and accurate understanding of the operating environment.
6. Develops subject matter expertise of one or more Bank processes and/or systems to ensure the ability to understand and form opinions regarding the effectiveness of the control environment in complying with various statutes and recommendations that apply to Bank activities.
7. Performs duties assigned by Compliance Program Leadership.
8. Regularly exercises discretion and judgement in the performance of essential job functions.
9. Maintains good punctuality and attendance to work.     
10. Follows Bank policy, procedures and guidelines.

 

 

Knowledge, Skills & Abilities

1. Knowledge of banking regulations related to consumer protection and disclosure.

2. Ability to demonstrate effective organization, critical thinking, and problem-solving skills.

3. Ability to demonstrate effective research and analytical skills.

4. Ability to demonstrate initiative to accomplish work objectives.

5. Ability to manage multiple tasks with exacting deadlines in a fast-paced environment. 

6. Ability to work without close supervision.

7. Ability to communicate effectively both verbally and in writing.

8. Ability to read, analyze, and interpret government regulations, trade journals, and legal documents.

9. Ability to work effectively in a team environment.

10. Ability to demonstrate effective use of specialized software.

11. Ability to participate in continuing education to maintain and/or enhance job performance. 

12. Ability to travel on company business on a very limited basis.

13. Ability to work all hours as required.

14. Skill in using computer and Microsoft Office, including Outlook, Word, Excel and PowerPoint.

Basic Qualifications

1. Bachelor degree or commensurate work experience required.

2. Minimum of two (2) years of work experience in the field of bank compliance or bank compliance audit or examination.

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

 

Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required.  Other job functions, duties, skills, and standards may be added.  Management reserves the right to add or change the job requirements at any time.

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EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.

1. Bachelor degree or commensurate work experience required.

2. Minimum of two (2) years of work experience in the field of bank compliance or bank compliance audit or examination.

1. Knowledge of banking regulations related to consumer protection and disclosure.

2. Ability to demonstrate effective organization, critical thinking, and problem-solving skills.

3. Ability to demonstrate effective research and analytical skills.

4. Ability to demonstrate initiative to accomplish work objectives.

5. Ability to manage multiple tasks with exacting deadlines in a fast-paced environment. 

6. Ability to work without close supervision.

7. Ability to communicate effectively both verbally and in writing.

8. Ability to read, analyze, and interpret government regulations, trade journals, and legal documents.

9. Ability to work effectively in a team environment.

10. Ability to demonstrate effective use of specialized software.

11. Ability to participate in continuing education to maintain and/or enhance job performance. 

12. Ability to travel on company business on a very limited basis.

13. Ability to work all hours as required.

14. Skill in using computer and Microsoft Office, including Outlook, Word, Excel and PowerPoint.