Job SummaryThe Compliance Manager is responsible for supporting and executing the Bank's compliance program to ensure adherence to applicable laws, regulations, and internal policies. This role focuses on day-to-day compliance operations, monitoring, testing, training, and risk mitigation while partnering with business units.
Essential FunctionsEmployees must be able to perform the essential functions of this position satisfactorily or make a request for reasonable accommodations as needed.
- Function as a working manager by overseeing team performance while also performing assigned compliance activities alongside the team to support timely and effective execution of responsibilities.
- Provide direct support for complex testing reviews and high-risk areas.
- Foster a culture of accountability, continuous improvement, and sound judgment.
- Review, update, and maintain compliance related policies and procedures.
- Lead and execute risk-based compliance testing and monitoring program across all areas.
- Identify control weaknesses, regulatory gaps, emerging risks, and track remediation efforts.
- Prepare clear, concise reports summarizing testing results, trends, and risk themes.
- Support business units in control design and issue remediation.
- Provide reporting to the Director of Compliance and relevant committees.
- Escalate potential regulatory issues or violations to the Director of Compliance.
- Develop and deliver compliance training programs for employees.
- Promote awareness of regulatory requirements and ethical standards.
- Support maintenance of policies, procedures, and job aids.
Education & Experience- Bachelor of Arts or Sciences degree from accredited four-year college or university and at least 5-8+ years of experience in banking compliance, risk management, audit, or legal support.
- Prior experience in compliance testing, monitoring, or audit preferred.
- Supervisory or team lead experience preferred.
- Strong knowledge of consumer banking regulations, including:
- TILA/RESPA, ECOA, HMDA
- Deposit regulations (Reg E, DD, CC)
- UDAAP/UDAP principles
- Understanding of Compliance Management Systems (CMS) and regulatory expectations.
- Familiarity with lending and deposit operations within a community or regional bank.
We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:
- Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
- Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
- Health Savings Account
- Life Insurance for the employee and family
- Paid Vacation and Sick Time
- Retirement Plan Options
- Additional Perks and Benefits
