We are seeking a detailed oriented and savvy Compliance Specialist to join our Compliance team at Bridgewater Bank in St. Louis Park. In this role, you will provide support in the development and administration of the Bank’s compliance program and second line of defense. Under minimal supervision, this position will develop, implement, and monitor various aspects of the Bank’s compliance program and communicate with all staff levels from reviewees to the Strategic Leadership Team and the Board of Directors. All Compliance positions will have a special focus on loan, deposit/miscellaneous, or Fair Lending and Community Reinvestment Act compliance, as applicable.
RESPONSIBILITIES:
Conduct scheduled monitoring/review activities; loans, deposits, and miscellaneous compliance requirements (no Bank Secrecy Act)
Communicate verbally and in writing with reviewees up to the Board of Directors; draft reports and obtain responses to findings
Manage compliance finding resolution
Subject Matter Expert for loan, deposit/miscellaneous, or Fair Lending and Community Reinvestment Act compliance as assigned
Contribute to satisfactory internal and external audits and examinations
Attend and actively participate in Compliance Committee
Respond to compliance questions received from staff
Represent Compliance Department on applicable regulatory implementation teams, and product, service, and process changes
Assist in developing, monitoring, and updating the Bank’s compliance related policies and procedures
Assist in developing and maintaining review and monitoring programs
Assist in developing and conducting training of staff on regulatory topics
Back up Senior Compliance Specialist(s)
Maintain current knowledge of all applicable compliance statutes, regulations, and interpretations
QUALIFICATIONS:
Bachelor’s degree and 2 to 4 years of compliance audit/review/monitoring experience or equivalent combination of education and experience
Working knowledge of regulatory banking regulations and bank operations, practices, and processes
Experience in researching, evaluating, interpreting, and communicating laws and regulations
Excellent oral and written communication skills
Strong attention to detail, critical thinking ability, accuracy, and meeting deadlines
Proficiency in Microsoft Excel, Word, PowerPoint, Teams, and Outlook
It all started with a vision in 2005. This vision was to create a full-service, entrepreneurial bank where clients would notice a difference, team members would be challenged to grow, and the culture would be optimistic. Over a decade later, this unconventional attitude laid the foundation of Bridgewater Bank, a nationwide top-performing bank with an award-winning culture.
We’re on a mission to become the finest entrepreneurial bank in the Twin Cities. And it’s working. Join our team and you will be surrounded by remarkable people who want to challenge the status quo and redefine what it means to work in this industry. This journey began in 2005, and it’s just getting started. Will you join us?
