Compliance Analyst III

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

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Job Title: Compliance Analyst III
Department: Risk & Compliance
Location: Los Angeles, CA - Hybrid (HQ Office and Remote)

We are looking for a Compliance Analyst III, with the option to consider candidates at the Compliance Analyst II level to join the Risk & Compliance team. Position and salary commensurate with experience.

The ideal candidate will be ambitious, motivated, and a quick learner. Prior banking, operations, lending or compliance experience preferred. Regulation experience could include Truth in Lending (Reg Z), Real Estate Settlement Protection Act (Reg X), Equal Credit Opportunity Act (Reg B), Home Mortgage Disclosure Act (HMDA), Flood Disaster Protection Act (FDPA), Truth in Savings (Reg DD), Electronic Fund Transfer Act (Reg E), or related deposit or lending regulations. Strong technical and presentation skills will support administrative functions such as managing the bank's training system; facilitating training in-person, online, or by recording; developing and maintaining forms and monitoring reports in SharePoint or other software applications such as Word, Excel, or Adobe Acrobat.

If you possess excellent analytical skills, attention to detail, seek growth opportunity, and have a desire to increase your skills and knowledge in banking compliance, this may be the position for you.

• Adhere to the Bank's established code of business conduct and ethical behavior.
• Maintain confidentiality and promptly report sensitive inquiries or complaints to your manager or supervisor.
• Understand and comply with requirements of Banking laws and regulations, Bank policies, and procedures applicable to this position.
• Comply with assigned duties and responsibilities as they relate to the Bank Secrecy Act (BSA), Anti-Money Laundering Act (AML), and Office of Foreign Assets Control (OFAC). This includes understanding any responsibilities outlined under the Bank's Bank Secrecy Act Compliance Program, participating in any required training, and promptly complying with all reporting requirements.
• Develop or update compliance classroom and online training materials, with minimal supervision, as and when needed.
• Collaborate with the Compliance Team to meet team goals and facilitate a professional working environment within the group.
• Active participant with Compliance Team when reviewing new software programs specific to the Compliance department.
• Create or assist in the drafting of new or revised compliance procedures, and forms as needed.
• Assist in gathering documents and preparing for Compliance audits, regulatory examinations, and self-assessments.

Requirements/Qualifications:

• Bachelor's degree in related field or equivalent experience but not required.
• Minimum three-years' experience in banking, compliance, or other related fields required.
• General knowledge of operations and lending regulations and banking laws needed for this position.
• Good written and oral communication skills; ability to communicate effectively and project a knowledgeable and professional image when giving and taking information in writing, in person, and over the phone.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail. Bachelor's degree in related field or equivalent experience preferred, but not required.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

To view current job openings, please visit Open Bank Careers Page: https://myopenbank.com/about/#