Compliance Consultant

Are you an experienced banking compliance professional looking to make a meaningful impact? United Bankers' Bank is seeking a detail-oriented and strategic Compliance Consultant to join our team. In this pivotal role, you will collaborate closely with our senior leadership to conduct comprehensive AML/CFT audits, assessments, and transaction testing for client banks. If you thrive in a collaborative environment, possess a deep understanding of banking regulations, and want to help our clients navigate complex compliance landscapes, we want to hear from you.

This is generally a remote, work-from-home position that requires self-discipline and self-motivation. Candidates in the greater Minneapolis-St. Paul area will have the option of working from the UBB Headquarters in Richfield, MN.

Essential Responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required.

* Reviews and tests compliance with:

o Bank Secrecy Act (BSA)

o USA PATRIOT Act

o Customer Identification Program (CIP)

o Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)

o High Risk Customers, transactions, and business lines

o Beneficial Ownership Requirements

o OFAC/Sanctions compliance

o Suspicious Activity Monitoring and Reporting (SARs)

o Currency Transaction Reporting (CTRs)

o AML transaction monitoring systems and model validation processes

• Develops and maintains strong client relationships through effective communication and professional service.
• Interprets and communicates applicable regulatory requirements, industry trends, and AML/CFT/OFAC compliance expectations.
• Identifies AML/CFT control weaknesses, compliance deficiencies, and operational risks across client applications.
• Creates or assists clients with AML/CFT policy and procedure development and updates.
• Supports client remediation efforts related to regulatory examinations, audit findings, or enforcement actions.
• Determines appropriate AML/CFT review processes to use during client reviews.
• Assesses compliance processes and recommends enhancements to strengthen regulatory compliance and risk management practices.
• Performs transactions testing and evaluate the effectiveness of AML/CFT compliance programs and internal controls.
• Assists clients in responding to regulatory findings, recommendations, and administrative actions.
• Prepares clear, accurate, and professional audit reports and supporting documentation.
• Presents findings and recommendations to executive management, audit committees, and/or the Board of Directors.
• Creates and revises AML/CFT policies, procedures, and related compliance documentation.
• Maintains confidentiality and exercises sound professional judgment in all client and internal matters.
• Identifies emerging AML/CFT compliance risk and communicate potential impacts to management and clients.
• Maintains current knowledge of regulatory developments and industry best practices through continuing education, professional networking, and participation in relevant associations.
• Manages multiple projects and deadlines effectively while working independently with limited supervision.
• Performs additional duties and responsibilities as assigned.

* Bachelor's degree in business, finance, management or equivalent experience preferred.

* Minimum 5 years of banking experience in BSA/AML compliance, including CDD, EDD, KYC, suspicious activity investigations, financial crimes and related regulatory requirements.

* Strong understanding of banking regulations, compliance frameworks, and risk management principles.

* Professional certifications such as CRCM, CAMS, CCBO preferred; or willing to obtain.

* Knowledge of consumer protection laws, deposit and lending operations, and general banking functions.

* Strong analytical and problem-solving skills, including the ability to accumulate, organize, and assimilate large amounts of information.

* Excellent verbal and written communication skills with the ability to present information professionally.

* Ability to manage competing priorities and meet deadlines in a fast-paced environment.

* Ability to travel up to 25% including occasional overnight travel.

* Valid driver's license with an acceptable driving record.

Benefits

* Medical, Dental, and Vision

* HSA with a generous company contribution

* Medical and Dependent Care Flexible Spending Accounts

• 401(k) plan with a 3% company contribution, plus up to an additional 1% match -Roth option available
• 12 Paid holidays

To continue to learn more about our superior benefits package and apply for this position, please visit our Careers page athttps://www.ubb.com/about-us/careers.

Headquartered in Richfield, MN and chartered in 1975, United Bankers' Bank (UBB) is the nation's first bankers' bank. Today, UBB has over $1 billion in assets, and is a trusted correspondent banking partner to over 1,000 community banks from the West Coast to the Great Lakes and South Atlantic. Our "First for Your Success" motto is a guiding principle that establishes the success of each and every customer and UBB employee as our number one priority.

United Bankers' Bank is an EEO/AA employer: All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status or any other characteristic protected by law.