South Shore Bank Risk and Compliance Associate in South Weymouth, Massachusetts
Join the Bank that shares success with others! As a locally managed mutual bank, South Shore Bank is driven by the needs of communities rather than the demands of investors. You can help us serve as a trusted advisor to the people, businesses and organizations that make our communities stronger. We also provide a competitive benefit package with medical, dental, vision, flexible spending, Dependent Care, Child Care Subsidy, Retirement, Life Insurance and many other benefits.
We are currently seeing a Risk and Comlian Associate to join our team. The Risk and Compliance Associate is resposible for
scheduling appointments, gives information to callers, prepare meeting agendas and minutes, and otherwise relieves official of clerical work and minor administrative and business details by performing the following duties.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Send invitations, agenda, and packages for the Audit Committee. Prepare meeting minutes.
Prepare materials for inclusion to the Board meetings as required.
Responsible for logging new self-identified, audit and exam issues using the bank’s tracking system.
Using the bank’s tracking system, generate reports on status of open and past due issues for inclusion in the Director of Risk and Compliance’s management reports
Primary person for complaint tracking.
Monitor the Action Plans for each issue to determine if it is trending for on-time completion or if extensions are required.
Coordinate the approval process for issues requiring attention.
Collect evidence needed for Risk and Compliance validation of remediated issues.
Assist in the coordination of audit and regulatory exam activities.
Track audit and exam schedules and communicate schedules with impacted departments
Maintain a record of requested audit/exam items and timing of delivery to support a smooth audit process
Maintain a file of audit and exam correspondence including exit letters and management responses
Policies – Coordinate activities around bank policy updates. Updated policies are prepared for presentation to the BOD. Coordinate with IT the posting of the approved policies to the bank’s intranet site.
Assist with the coordination and approvals process of all compliance and policy training requirements
Assist with the vendor management process which includes assessment of vendor adherence to banking regulatory requirements
Other duties as assigned
EDUCATION and/or EXPERIENCE
Bachelors degree – business major preferred
Up to three years related experience within a financial institution
Ability to work with all levels of the organization
Excellent computer and software skills, including MS Word, Excel, PowerPoint, Access.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from colleagues at all levels of the organization.
South Shore Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
External Company URL: www.southshorebank.com
Street: 1584 Main Street