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Description {#description testid="typography"}

This position reports to:Executive Vice President/Enterprise Risk Management

Basic Function

Primarily responsible for developing, administering, and maintaining the Consumer and CRA Compliance Management Programs to ensure compliance with all applicable laws and regulations. Will also act as the Banks Reg O Officer and report on the status of Reg O activity to the Board of Directors. Additionally, will administer the Banks insurance program, work closely with the Banks insurance broker, and lead the Banks Insurance Committee.

Essential Duties

Administer and maintain:

Compliance Management Program

Compliance Training Program

Compliance Risk Assessment

Self-Monitoring Program

Banks Insurance Program
Review the following:

Marketing materials to ensure compliance with applicable rules and

regulations

Bank forms to ensure compliance with applicable rules and

regulations

LOB Compliance monitoring reports

Compliance training reports
Monitor the following:

Consumer complaints to identify possible weaknesses and

insufficiency of Bank policy and procedures

Results of internal and/or external audits for compliance related

issues to ensure timely and accurate responses
Committee Responsibilities

Prepare & Chair:

Compliance Committee

CRA Committee

Insurance Committee
Act as Banks CRA Officer

Monitor Banks CRA service, investment, and loan activity to ensure

qualifications are being met

Report status of Banks overall CRA efforts to the Board of Directors

Maintain Banks CRA Public File

Maintain and update the Bank\'s CRA Policy
Act as Banks Regulation O Officer

Monitor NSF activity reports for possible overdraft activity of

Regulation O Insiders

Conduct Reg O compliance reviews of insider loans

Conduct annual Reg O insider survey

Report status of Banks overall Regulation O efforts to the Board of

Directors

Maintain and update the Banks Reg O Policy
Additional Departmental Responsibilities such as:

Function as primary liaison for examiners during federal and/or

state Compliance and CRA Examinations

Attend applicable regulatory training, seminars, and conferences to

maintain regulatory consumer compliance knowledge

Determine effects of consumer protection laws and regulations on

Bank policy, procedures, and practices

Maintain and update various consumer compliance policies

Implement changes to Bank policy, procedures, and practices to

ensure compliance with consumer protection laws and regulations

Inform Bank management and lines of business regarding changes to

Federal and State regulatory law

Inform Bank management regarding the outcomes of reviews and

investigations to escalate concern

Nonessential Duties

Other duties as assigned

First Bank Chicago

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