Compliance Analyst

Responsible for performing detailed research and analysis of laws, regulations, and other regulatory guidance (collectively, “rules”) applicable to the Bank; preparing gap analyses of new rules and following up on action items to ensure compliance; working with FHFA examiners and Bank Management to provide requested information throughout the year; and assisting various departments with new compliance requests and projects.

PRIMARY RESPONSIBILITIES:

• With limited supervision, researches and analyzes rules, which are sometimes complex, to evaluate Bank compliance. Maintains a system to track pending and new rules that may impact the Bank’s compliance position.
• Identifies new and amended rules that have compliance requirements applicable to the Bank.  Prepares a gap analysis of rules, which are sometimes complex, to assess the Bank’s compliance position and any required policy or procedural changes needed to ensure compliance with the new rules.  Maintains system to track new rules and to follow-up on outstanding action items identified by gap analyses.  Updates compliance inventory and performs annual re-certification of compliance ownership.
• Assists in the Anti-Money Laundering and Anti-Fraud programs including suspended counterparty searches, red flag tracking and fraud reporting, with the Director of Compliance and Compliance Manager.
• With limited supervision, acts as an advisor to and works closely with business units to identify current and upcoming compliance issues and reviews existing processes to develop efficient solutions. Participates on project teams to provide compliance insight.        Acts as a liaison between FHFA examiners and management.  Collects, compiles, and organizes information from multiple business units to respond to FHFA requests within specified deadlines.
• Provides assistance to the Assistant Corporate Secretary to the Bank’s Board of Directors.  In this capacity, attends Board/Committee meetings as assigned by the Bank’s Chief Administrative Officer (CAO) and prepares minutes of Board and Committee meetings as needed.
• Assumes additional responsibilities as assigned.

JOB REQUIREMENTS:

• BA, BS, or BBA degree.
• 2-3 years of related work experience in compliance, legal or audit within the banking or financial services industry. A solid understanding of regulatory management and operational risk.
• 2 or more years’ experience in corporate governance or within a legal or compliance-related position that includes writing and editing of corporate minutes and similar materials or interacting with senior management or board members to complete corporate governance functions. Strong Word skills and proficient Excel and PowerPoint skills.
• Strong research, analytical, and organizational skills with a very high degree of attention to detail.  Able to read and comprehend at times complex regulatory requirements and analyze their impact on business operations.
• Excellent verbal and written communication skills; able to work with, build and maintain positive working relationships.  Self-starter; able to work independently or within a collaborative environment.
• Able to successfully complete multiple priorities under tight deadlines.

PHYSICAL DEMANDS:

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

While performing the duties of this job, the employee is routinely required to utilize cognitive ability;  sit and move about the office; speak, read, listen, and write; use hands to finger, handle, or feel objects, tools or controls.   The employee is occasionally required to stand; reach with hands and arms, climb stairs; stoop, kneel, or crouch.  Specific vision abilities required by the job include close vision, distance vision, depth perception, and the ability to adjust focus. The employee may occasionally lift and/or move up to 25 pounds.   

WORK ENVIRONMENT:

Work environment characteristics described below are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable Accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work is performed in a temperature controlled office environment requiring little physical exertion.  The noise level in the work environment is low to moderate.  Mental concentration, attention to detail and computer use for extended periods of time is common.   Completion of complex tasks under deadline pressure may be required. This position may, on occasion, also require evening and weekend work based on business needs.  Interruptions may occur. 

FHLB Dallas Offers a Professional, Inclusive Culture

FHL Bank Dallas employees are committed to and exemplify the following principles:

• Service to our members is first and foremost
• All business will be conducted honestly and ethically
• Each employee contributes to customer service by directly serving our members or supporting those who do
• Interaction with members should focus on building professional relationships and helping customers achieve their goals
• Cooperation and teamwork throughout and across all levels of FHLB Dallas are essential to its effectiveness
• Colleagues and members will be treated with the utmost respect and dignity

FHLB Dallas provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability, or national origin. FHLB Dallas will consider for employment all persons on an individual basis consistent with job-related criteria without regard to visible and non-visible disabilities. Equal opportunity applies to all employment practices, including recruitment, screening, hiring, compensation and training, as well as other conditions and privileges of employment.