Compliance Specialist I

Herring Bank

Compliance Specialist I

Amarillo, TX
Full Time
Paid
  • Responsibilities

    Benefits:

    401(k)

    401(k) matching

    Dental insurance

    Health insurance

    Paid time off

    Vision insurance

    Compliance Specialist I

    Location: Amarillo, TX Schedule: Monday–Friday with occasional Saturdays; flexible schedule typically between 8:00 AM – 5:00 PM Status: Full-Time | Exempt Reports To: Chief Compliance Officer

    About the Role

    Herring Bank is seeking a detail-oriented and analytical Compliance Specialist I to support the Bank’s Compliance Management System through internal monitoring, regulatory review, and compliance support activities. This role is responsible for helping ensure adherence to applicable banking laws, regulations, and internal policies while supporting the Compliance Officer with monitoring reviews, reporting, risk assessments, and regulatory change management.

    The ideal candidate will bring strong HMDA and Third-Party Risk Management experience within a banking environment, along with the ability to identify compliance risks and support effective remediation efforts.

    What You’ll Do

    Perform internal compliance monitoring reviews across lending and operational areas of the Bank

    Conduct secondary reviews of HMDA data to ensure accuracy, completeness, and identification of potential Fair Lending concerns

    Support Third-Party Risk Management monitoring, documentation, and risk assessment processes

    Review Flood Insurance documentation and insurance coverage requirements for accuracy and completeness

    Monitor compliance with applicable banking regulations including HMDA, ECOA, UDAAP, SAFE Act, Electronic Funds Transfer Act, and Expedited Funds Availability Act

    Assist in identifying, documenting, and tracking compliance issues and remediation efforts

    Support the development and maintenance of compliance policies, procedures, and monitoring processes

    Assist with regulatory change implementation and communication to Bank personnel

    Participate in internal and external audit reviews as needed

    Assist with compliance training initiatives and preparation of compliance committee and Board reporting

    Maintain current knowledge of banking regulations, regulatory guidance, and industry best practices

    Foster a collaborative team environment and provide excellent internal customer support

    What You’ll Bring

    Strong knowledge of HMDA reporting, monitoring, and Fair Lending review processes

    Experience with Third-Party Risk Management programs and vendor oversight processes

    Analytical mindset with strong attention to detail and organizational skills

    Ability to manage multiple priorities in a fast-paced environment

    Strong written and verbal communication skills

    Ability to work independently while collaborating effectively across departments

    Sound judgment and ability to maintain confidentiality

    Commitment to providing excellent customer and employee support

    Qualifications

    High school diploma required; Bachelor’s degree in Business, Finance, or related field preferred

    Minimum of 5 years of relevant banking or compliance experience preferred

    Experience in banking compliance, audit, risk management, or related financial services functions

    Knowledge of consumer compliance regulations and regulatory monitoring practices

    Proficiency with Microsoft Office and general computer applications

    Ability to pass a background and credit check

    Why Join Herring Bank?

    We value collaboration, integrity, and exceptional customer service. Herring Bank is committed to supporting employees through professional development opportunities and a team-focused culture dedicated to serving our customers and communities.

    Herring Bank is an Equal Opportunity Employer and Member FDIC.