Compliance Officer

GenoaBank   Genoa, OH   Full-time     Banking
Posted on March 11, 2025
GenoaBank, founded in 1902, is a locally-owned, independent community bank that provides a broad range of banking services to both business and private customers in counties of Lucas, Ottawa, Sandusky, Wood, Fulton, Erie and the Michigan County of Monroe. Since the time GenoaBank first opened its doors, it has continued to expand and now operates branches in Elmore, Fremont, Maumee, Millbury, Oregon, Perrysburg/Rossford, Port Clinton/Catawba, Sylvania, and Downtown Toledo, Ohio.

GenoaBank has always been driven to serve each community’s financial needs and continues to provide the same friendly, personal service it has since day one. 

Taking your banking needs personally is our priority. Your financial needs will be met with exceptional service, quick decisions, innovative products and great rates that only local ownership can deliver. GenoaBank offers experience and service that has kept customers coming back for over 120 years!  GenoaBank. Taking your banking needs personally.

Position Summary

Assists the VP Chief Compliance Officer (CCO) in ensuring that the policies and procedures of the bank comply with all applicable laws and regulations.  With the guidance of the CCO, oversees the review and interpretation of new and pending laws and regulations, which potentially affect the bank’s business practices.  Communicates changes to impacted areas of the organization. 

Essential duties & responsibilities

Assist Chief Compliance Officer:

·         Responsible for assisting the VP Chief Compliance Officer in any matters as required.

 

Compliance Monitoring:

·         Reviews daily reports to check for any suspicious activity or abnormal transactions. 

·         On a continuous basis, collaborates with and recommends to CCO any updates or revisions of compliance and bank policies. 

 

Compliance Training:

·         In collaboration with the Chief Compliance Officer, coordinates and monitors all staff compliance training and facilitates group training sessions. 

·         Supports management in all compliance related issues.

 

Compliance Reporting:

·         Files HMDA, CRA Assessment and other like reports to the Federal Reserve.   

 

 

Other functions

·         May assist with assembly of materials and packets for and participates in monthly Board Meetings, Compliance Meetings and BSA Meeting

 

·         Maintains compliance with all banking laws, accounts, regulations, and bank policies and procedures.

 

·         Any other duties and/or projects assigned by Management.

 

REQUIREMENTS & QUALIFICATIONS

Education/Specialized License(s):

·        Bachelor’s Degree or higher in Business, Accounting, or related field preferred

Experience:

·        Minimum of 3-5 year banking experience and in the compliance area preferred

Specific Skills:

·        Sound knowledge of bank Compliance Regulations

·        Proficient computer skills

·        Above average communication skills

Supervisory Responsibility:

·        None

Work Hours:

·        Monday thru Friday 8:00am – 5:00pm

·        Additional hours, evenings and weekends as required by supervisor

Work Conditions:

·        Indoor office environment

·        Primarily sitting for long periods; some standing and walking required

·        Ability to lift up to 10 pounds

·        Local travel to other branch locations required

 

GenoaBank offers excellent employee benefits.  We pay 100% of the premium for the employees medical, dental, vision, long-term disability, short-term disability and life insurances.  In addition, we offer a 401(k) plan with a match and profit sharing and generous paid time off.