Banking Regulatory Compliance Specialist

Job summary
Banking Regulatory Compliance SpecialistLocation: Oklahoma City, OKStrategic partner and liaison for regulatory compliance
Job seniority: associate level
Responsibilities
• Act as strategic partner and liaison between Banking Department, Internal/External Audit, Legal, and IT as well as Paycom's external banking partners and local, state and federal agencies to ensure regulatory compliance is maintained.• Coordinate all activities related to the compliance of Paycom's AML Program.• Monitor various AML reports, identify and report activities to management and appropriate agencies.• Collaborate with Banking Leadership to fulfill audit requests and ensure accuracy and deadlines are met.• Document and report Unclaimed Property.• Monitor fraud trends and recommend strategies to deter fraudulent activity.• Investigate potentially fraudulent activity and report findings to management.• Assist with compliance activities related to State Departments of Banking, OFAC, AML, NACHA Rules, FinCEN, BSA, SOX, and SOC1/SOC2.• Monitor regulatory and legal changes and recommend/implement compliance actions.• Assist in training personnel on policies, procedures, and regulations.• Assist the Banking Risk Management team with risk mitigation activities.• Perform other assigned duties.
Requirements
• Bachelor's degree in Business or Finance.• 2+ years of experience in Banking, Finance or Auditing position.• Intermediate knowledge of accounting, Word, and bank operations.• Advanced reconciliation techniques, Outlook, and Excel.• Knowledge of banking rules and regulations.• Ability to meet critical deadlines and work in a fast-paced environment.• Excellent written and verbal communication skills.• Maintain effective working relationships with others.• Ability to juggle multiple tasks, prioritize effectively, and attention to detail.• Ability to navigate multiple online banking applications and maintain integrity.
Key Skills Needed
• Intermediate knowledge of accounting• Intermediate knowledge of Word• Advanced knowledge of bank operations• Advanced reconciliation techniques• Advanced knowledge of Outlook• Advanced knowledge of Excel• Intermediate knowledge of banking rules and regulations.