Compliance Quality Assurance Officer II
Compliance Quality Assurance Officer II-1112730
Description
The employment policy of Associated Banc-Corp, and its subsidiaries and affiliates (Associated) provides equal opportunity to all persons. We support a diverse and inclusive work environment where colleagues are respected, treated fairly, and given equal opportunities to perform to their fullest potential. We believe it is only with a diverse and inclusive workplace that the organization can truly perform at its best, carry out its vision, and make a difference for the communities we serve.
JOB SUMMARY
Under supervision of the Compliance Quality Assurance (CQA) Manager, the CQA Officer II will execute duties as the team lead addressing a business segment. In this role, he/she will be responsible for directing and executing a risk-based, enterprise-wide compliance-monitoring program. The program is intended to evaluate compliance with applicable federal and state financial services laws and regulations.
The CQA Officer II will provide oversight and direction to assigned personnel regarding the completion of compliance monitoring programs; conducts first line review of completed work; and assists with the development, design and implementation of policies and procedures required to maintain an acceptable level of regulatory compliance. He/she will also provide support for affiliates through the identification and interpretation of financial services laws, regulations and any changes thereto.
KEY RESULT AREAS
Subject matter expert in assigned area(s)
Identifies areas for improvement (using root cause analysis)
Leadership
Coaches and develops staff
Drafts and reviews workpapers and reports
Identifies and implements continuous improvements in the monitoring process
COMPETENCIES
Working knowledge of assigned bank and non-bank operations and the related laws and regulations
Understanding of risks and controls required to ensure compliance with applicable regulations and the ability to assess the effectiveness of controls and the root cause of issues
Problem solving and/or extensive research related to all compliance issues presented to the corporation. The ability to work with Compliance Officers to interpret, reach conclusions, support decisions and convince others is essential.
Ability to communicate orally and in writing in a clear, concise and persuasive manner
Must be a self-motivated self-starter with the ability to work independently and build effective working relationships with all colleagues
Strong supervisory, coaching, mentoring, project management, organizational, presentation and interpersonal skills
Ability to function in a fast-paced environment and meet tight time/deadline constraints
JOB ACCOUNTABILITIES
1. Develop, execute and maintain a risk-based enterprise-wide monitoring program to measure the organizations compliance with federal and state banking and related financial services laws and regulations.
2. Conduct first line review of completed monitoring programs and reports and provides timely feedback to CQA staff.
3. Keep abreast of current or new laws and regulatory requirements. Update monitoring programs accordingly.
4. Research questions concerning laws, regulations and report findings to the responsible areas.
5. Consult with management on the development of policies and procedures to ensure compliance with relevant laws and regulations.
6. Coordinate the activities of assigned compliance personnel to efficiently maintain department operations, provide on-the-job training, allocate work and review of workpapers. The review should include an evaluation of the completeness and accuracy of the work completed; ensuring recommendations and comments are material, relative and adequately documented. Ensure follow-up work is completed as necessary.
7. Complete and/or participate in, compliance reviews for the company and its affiliates, by reviewing records and operations in the respective area to determine compliance with applicable federal regulations, state statutes, and corporate policies and procedures. Perform assigned testing in a competent and professional manner within time budgets. Demonstrate capability and evidence of effective decision making and drawing sound conclusions. Identifies control points and documents internal controls.
8. Assist with the planning of individual compliance reviews including development of the scope and assignment of staff. Assists with the development of a detailed time budget and monitor progress to ensure that work is complete within allocated budgets.
9. Assist with the preparation of Points for Discussion (PFDs) and reports based upon findings and recommendations. Confer with CQA Manager, Chief Compliance Officer and business line management regarding the responses to the recommendations.
10. Conduct closing meetings to discuss monitoring results with business line management.
11. Other duties as assigned.
Qualifications
JOB SPECIFICATIONS
Minimum Education
Bachelors Degree in accounting, finance, business or law.
Preferred Education
Bachelors Degree in accounting, finance, business or law. Advance degree a plus.
Minimum Experience
Five years external/internal audit, compliance or regulatory examination or equivalent experience with emphasis in regulatory compliance issues.
Preferred Experience
5 10 years external/internal audit, compliance or regulatory examination or equivalent experience with emphasis in regulatory compliance issues. Supervisory experience desired.
Special Skill Requirements Computer Skills/Licensing/Certifications/Bonding
Proficient in Microsoft Office (Word, Excel, Access, Power Point, Visio) and Adobe Professional
Other Duties and Responsibilities
Performs other duties as assigned.
Job Requirements
Adherence to Company policy and procedures is required.
Perform duties in accordance with the Vision & Values of Associated Banc-Corp.
Regular attendance is required.
Basic math and reading skills, and attention to detail.
Use of basic office equipment (e.g., photocopier, voice mail, "fax" machine, calculator, multiple line telephones, typewriter, computers etc.).
Represent the organization in a professional and positive manner.
Supervision
Direct = 1-3 Indirect = 1-3
Travel
Occasional travel (10-20%) may be required with some overnight stays.
Job: Compliance/Risk
Schedule: Full-time
Shift: Day Job
Primary Location: Wisconsin-Milwaukee
Other Locations: Wisconsin-Green Bay
Work Locations: MILW-PLAZA EAST
330 E Kilbourn Ave
Milwaukee 53202
