Compliance Assistant
About this role
Summary:
The Regent Bank Compliance Assistant will have a strong understanding of financial regulations, emphasizing FinTech and commercial banking. This position will work closely with Regent Bank’s FinTech partners and the Compliance Officer to ensure all banking regulations are followed.
Essential Duties and Responsibilities:
- Assist in the development and implementation of compliance policies and procedures tailored to the unique needs of our FinTech products and banking operations.
- Maintain the CRA Community Development Lending, Investments, and Services log.
- Assist with marketing reviews to ensure compliance with applicable regulatory disclosure requirements.
- Monthly fair lending underwriting and pricing reviews on consumer loan files.
- Assist with internal audits by providing documentation and supporting follow-up on findings.
- Assist in the preparation of regulatory filings and responses to inquiries from regulatory authorities.
- Collaborate with cross-functional teams, including FinTech, Deposit Operations, and internal audit, to ensure compliance considerations are integrated into business processes.
- Assist with compliance training when needed.
- Stay informed about industry best practices and emerging trends in FinTech and banking compliance.
- Conduct regulatory research and stay updated on changes in financial regulations, including those impacting FinTech and banking sectors.
- Conduct reviews of loan underwriting from a fair lending persepective.
- Other duties as assigned.
Education And/Or Experience:
- Bachelor’s degree in finance, business administration, legal studies, or related field preferred.
- Minimum of two (2) years of experience in compliance roles within the banking or FinTech industry.
- Prior experience working with bank compliance and risk is a strong plus.
Knowledge/Skills/Abilities:
- Functional knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
- Strong verbal and written communication skills.
- Strong understanding of relevant financial regulations.
- Strong analytical skills, with the ability to interpret financial data and trends to inform decision-making.
- All candidates must complete a pre-employment background check, credit check, and drug screening.
Physical Requirements:
- Must exert up to 10 pounds of force occasionally and/or a negligible amount of force frequently.
- Must occasionally lift and/or move up to 25lbs.
- Specific vision abilities required by this job include close vision and the ability to adjust focus.
- Sitting for long periods.
Working Conditions:
The working conditions are generally comfortable, with minimal exposure to noise, heat, dust, and other related items. All employees are required to maintain a neat and safe work area.
Regent Bank is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by law.
Company at a glance
Evolving with Excellence for Over a Century
Established over 100 years ago, Regent Bank has experienced transformative growth since being acquired by Regent Capital Corporation in 2008. From our humble beginnings as a community bank with $72 million in assets, we have expanded into a formidable regional business bank, now serving clients across six major markets with assets exceeding $1.7 billion.
At Regent Bank, we are deeply proud of our roots in Nowata, OK, and equally excited about our presence in the vibrant cities of Tulsa, Broken Arrow, Oklahoma City/Edmond, Springfield, MO, and our newest addition, Frisco, TX. Our growth is fueled by a commitment to excellence and a deep understanding of the unique needs of the businesses and communities we serve.
Our approach to banking is simple yet powerful: listen intently, respond rapidly, and deliver superior solutions. By focusing on providing a premium client service experience, we ensure that each decision is timely, each interaction is valuable, and every client relationship is treated with the utmost importance.
As we look to the future, Regent Bank remains dedicated to building on our legacy of trust and innovation, driving growth for our clients, and enhancing the economic well-being of the communities we are privileged to serve.
Member FDIC & Equal Housing Lender.
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