Compliance Officer II

Job Summary

The Compliance Officer is responsible for monitoring, testing, and ensuring adherence to federal and state banking regulations, internal policies, and industry best practices. This role supports the Bank’s compliance management program by conducting reviews, preparing reports, and providing guidance to business lines. Compliance Officers work closely with the Compliance Manager, internal auditors, regulators, and business leaders to identify risks, recommend corrective actions, and promote a culture of compliance throughout the organization.

The salary for this role will be between $36 and $48 an hour. The specific salary offered will depend on several factors including but not limited to applicant’s skills and prior relevant experience.  Hired candidate may be eligible for healthcare benefits, 401K plan, short term & long-term disability coverage, life insurance, vacation & sick time, educational assistance, and several holidays.  Certain roles are eligible for additional rewards

Job Functions

Conduct compliance reviews of bank branches, departments, products, and services to ensure adherence to applicable regulations and policies.

Perform transaction testing, monitoring, and sampling in accordance with the compliance monitoring plan.

Document findings, prepare compliance reports, and recommend corrective actions to management.

Monitor regulatory updates and assist in maintaining policies and procedures to reflect changes.

Provide guidance to employees and management on compliance-related issues, escalating significant risks when necessary.

Assist with regulatory exam preparation and coordinate responses to examiner and auditor requests.

Support and participate in the development and delivery of compliance training for bank employees.

Maintain accurate records of compliance testing, findings, and follow-up actions.

Participate in risk assessments and assist in the development of the annual compliance monitoring plan.

Support special projects, process reviews, and policy updates as directed by the Compliance Manager.

Maintain strict confidentiality of sensitive compliance and customer information.

Complete assigned training and maintain up-to-date knowledge of federal and state banking regulations.

Follow all Riverview policies and procedures and perform other duties as assigned.

Knowledge, Skills, and Abilities

Regulatory Knowledge & Application: Demonstrates solid knowledge of a wide range of banking regulations, including consumer compliance and safety and soundness requirements. Applies judgment in interpreting how regulations impact bank operations.

Monitoring & Testing: Independently conducts compliance reviews, including sampling, transaction testing, and reporting. Identifies patterns of noncompliance and proposes corrective actions.

Reporting & Documentation: Drafts compliance reports with findings and recommendations. Reviews and updates compliance checklists, forms, and procedures as regulations change.

Collaboration & Support: Partners with business lines to address compliance concerns. Provides guidance to employees on regulatory requirements and policy interpretation.

Training & Development: Participates in developing and delivering compliance training for staff. Keeps current on regulatory updates and industry best practices.

Independence & Professionalism: Works with minimal supervision, managing multiple monitoring assignments simultaneously. Exercises judgment in escalating significant compliance risks.

Technology & Innovation: Demonstrated curiosity and adaptability in leveraging evolving digital tools and artificial intelligence (AI) to enhance work quality, efficiency, decision-making, and customer experience. Willingness to continuously learn and responsibly apply emerging technologies in alignment with regulatory and ethical standards.

Typical Experience

3+ years' experience in banking compliance.

Education

Associate degree; or two years of compliance experience and/or training; or equivalent combination of education and experience.

CRCM certification preferred

Physical Demands

While performing the duties of this job, the employee is regularly required to effectively communicate via phone/video, messaging, and email. The employee is required to use computer and office equipment such as a computer, printer, copier, as well as computer software such as Microsoft Office. You may also frequently be required to occupy a workstation for long periods of time.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.