Compliance Specialist

Posted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office
25K-34K Hourly
Mid level
Fintech • Software • Financial Services
The Role
Analyze and test transactions, records, and processes for regulatory compliance; document findings, develop recommendations and reports, research laws/regulations, and support compliance operations independently.
Summary Generated by Built In
Pay Range: $25.48 - $33.98

This position is responsible for analyzing, evaluating, monitoring and/or documenting compliance activities while communicating and making recommendations to management to help ensure the company complies with applicable laws, regulations, policies or procedures. Compliance Specialists perform a wide range of tasks. Whether it is executing testing or providing operational, technical support, tasks involve thoughtfully, effectively and efficiently reviewing data, transactions, records, processes and other outcomes according to departmental policies and procedures. This work is completed independently with minimal supervision when completing assignments in accordance with department standards for timeliness, accuracy and completeness.

Education and Experience:

  • 3-5 years of Banking or Regulatory related experience (or educational equivalent)

Skills and Abilities:

  • Strong written and verbal communication skills
  • Ability to work independently as well as in a team environment
  • Strong analytical skills and creative problem solver
  • Strong collaboration skills and ability to establish working relationships at all levels of the company
  • Proficient in Microsoft Office 365
  • Strong research skills and familiarity with banking laws and regulations
  • Demonstrated ability to perform in a fast-paced environment, completing many tasks simultaneously while maintaining strong attention to detail and an appropriate sense of urgency

Tasks Performed:

  • 70% - Complete low to moderately complex and/or lower risk assignments by thoughtfully, effectively and efficiently reviewing data, transactions, records, processes and other outcomes according to departmental policies and procedures timely and according to department standards. 
  • 15% - Develop summary information and recommendations based on results of your assignments and support the development and maintenance of information reports for communicating testing performance, results, and impacts.
  • 10% - Research, study and learn applicable laws and regulations, product features, systems and processes.
  • 5% - Perform other duties as assigned
 

Physical Requirements:

  • Communicate effectively with internal and/or external customers
  • Stationary 75% of time or greater
  • Move Objects to Maximum 10 lb

Why Work at NBT

At NBT we empower people to grow, innovate, and thrive through meaningful work, a supportive culture and opportunities to make a real impact in your community – because your success drives our success. 

Wellbeing 

At NBT, we value and support your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally. 

Community Involvement 

NBT believes community involvement fosters our success and the success of those around us. Through volunteer service and charitable partnerships, we empower our employees to make a positive impact beyond the workplace. 

Culture 

NBT believes in creating a workplace where every voice matters and every team member feels empowered to contribute. With supportive leadership, we foster an environment where employees are connected, inspired, and valued. 

Career Development 

Whether you’re just starting your career or serve in a senior leadership role, your growth and development are our priority. NBT provides a wide variety of development programs and tools for you to reach your full potential. 

Total Rewards 

NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives – ensuring you feel valued every step of the way.   

Business Stability 

NBT has built a reputation as a stable financial institution by growing our people and our business, evolving our processes and managing risk. We've weathered the market's ups and downs for over 165 years, all while charting a well-defined growth plan. 

Benefits for Full-Time Employees: 

  • Generous Paid Time Off: At least 22 days annually, prorated in the year of hire. 

  • Parental Leave: Six weeks of paid leave at 100% of your salary. 

  • Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants. 

  • Dental and Vision Coverage: Ensuring your overall health and well-being. 

  • Flexible Spending Accounts: For healthcare and dependent care expenses. 

  • Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage. 

  • Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage. 

  • Voluntary Benefits: Including hospital, accident, and critical illness coverage. 

  • Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.

  • Adoption Assistance: Supporting your growing family. 

  • Tuition Reimbursement: Invest in your education and career growth. 

  • Employee Assistance Program (EAP): Access to support and resources. 

  • Pet Insurance: For all your furry friends.

  • Financial and Banking Services: Various banking services benefits and financial planning assistance. 

Benefits for Part-Time Employees Working 20+ Hours/Week: 

  • Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants. 

  • Dental and Vision Coverage: Ensuring your overall health and well-being.

  • Voluntary Benefits: Including hospital, accident, and critical illness coverage.

  • Generous Parental Leave: Six weeks of paid leave at 100% of your salary. 

Benefits for All Part-Time Employees: 

  • Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future

  • Paid Sick and Safe Leave: For your health and safety. 

  • Employee Assistance Program (EAP): Access to support and resources. 

  • Financial and Banking Services: Various banking services benefits and financial planning assistance.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

Skills Required

  • 3-5 years of banking or regulatory related experience (or educational equivalent)
  • Strong written and verbal communication skills
  • Ability to work independently and in a team environment
  • Strong analytical skills and creative problem solving
  • Strong collaboration skills and ability to establish working relationships at all levels
  • Proficient in Microsoft Office 365
  • Strong research skills and familiarity with banking laws and regulations
  • Ability to perform in a fast-paced environment, manage multiple tasks, and maintain attention to detail
  • Authorization to work for any employer in the U.S.; employer will not sponsor visas

NBT Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NBT Bank and has not been reviewed or approved by NBT Bank.

  • Retirement Support Retirement offerings include a 401(k) with company match alongside a pension plan—an uncommon combination. Mentions of a match up to 6% and positive callouts of the pension reinforce depth.
  • Leave & Time Off Breadth Time-off benefits include paid holidays and substantial PTO. Generous starting PTO amounts are specifically referenced.
  • Wellbeing & Lifestyle Benefits Resources include an Employee Assistance Program, financial wellness tools, and wellness champions, with recognition such as Cigna’s 2025 Gold Healthy Workforce Designation. Banking product discounts and development support complement these offerings.

NBT Bank Insights

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The Company
HQ: Norwich, NY
1,558 Employees
Year Founded: 1856

What We Do

NBT Bancorp Inc. is a financial services holding company headquartered in Norwich, N.Y. The company primarily operates through NBT Bank, N.A., a full-service community bank and two financial services companies. NBT Bank has over 150 locations in seven states with offices in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. NBT Bank is an Equal Housing Lender and member of FDIC. EPIC Advisors, Inc., based in Rochester, N.Y., is a full-service 401(k) plan recordkeeping firm. NBT Insurance Agency, LLC, based in Norwich, N.Y., is a full-service insurance agency.

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