Compliance Specialist - Advisory in AR/MS

Who We Are:

Southern Bancorp is more than a bank; we are designated as a Community Development Financial Institution (CDFI), a special certification for institutions serving predominantly underserved communities. Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Our mission is inspired by the principle that building net worth drives economic opportunity. We strive to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations and Black and Brown individuals.

Job Summary:

The Compliance Specialist - Advisory ensures bank initiatives and lines of business processes comply with applicable Federal and State banking laws and regulations. Working within Southern's Compliance Risk Management System framework, the Compliance Specialist conducts risk-based regulatory compliance projects to ensure the effectiveness of the bank's Compliance Management System.

Responsibilities:

• Complete diverse regulatory compliance projects with direction from Compliance Manager - Advisory
• Collect and prepare documents requested for audits and exams
• Perform compliance document review
• Write introductory responses to compliance inquiries from the lines of business
• Monitor customer complaints, trend analysis, and management reporting
• Collaborate on compliance with review of marketing projects
• Prepare reports and presentations for various audiences
• Complete all required training and maintain proficient knowledge of compliance regulation
• Build relationships with business lines to understand core business activities and processes to advance the bank's compliance and risk assessment activities
• Perform additional duties as requested, needed, or assigned

Requirements:

• High School diploma or equivalent with minimum of three years of banking experience, preferably in the compliance, lending, or retail area
• Familiarity with MS Word, Excel, Outlook, Teams, and Adobe Acrobat
• Effective verbal communication and business writing abilities; good mathematical aptitude
• Basic knowledge of banking laws and regulations, including Flood Disaster Protection Act, Truth-in-Lending Act, Truth in Savings, and Home Mortgage Disclosure Act
• Ability to understand and research government regulations, trade journals, and legal documents.
• Curiosity and interest in expanding compliance expertise
• Effective time management skills, with ability to multi-task
• Ability to plan, organize, and ensure the completion of work assignments with appropriate attention to detail and accuracy
• Ability to collaborate as a team member with good skills in working independently and autonomously

Physical Demand & Work Environment: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

#LI-Onsite

What we offer our employees:

A positive impact on Your Future:

• 401(k)/Roth plan with immediate eligibility and employer match up to 6%
• Employee stock ownership plan
• Discounted rate on primary home mortgage
• Credit and housing counseling as well as free financial education tools available to customers and employees

Benefits to improve your health:

• No deductible medical insurance plan
• Dental and vision insurance
• Employer paid life and long-term disability insurance
• Flexible Spending Accounts

The opportunity to nurture your well-being:

• Paid holidays and paid time off
• Bonus plan
• Opportunity for merit raises
• Employee reward and recognition programs
• Community service opportunities

Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.