Compliance Officer – Compliance Assurance - Salt Lake City (In Office)

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

Compliance risk is present in all bank products, services, and activities, and effective management of this risk is a fundamental part of the bank’s overall risk management approach. The Compliance Assurance (CA) department within Compliance Risk Management (CRM) serves as a second line of defense to help oversee and support the bank’s compliance efforts. We are seeking an entry-level Compliance Auditor to join our team. In this role, you will perform Compliance Reviews of business processes to help ensure that the bank’s organizations consistently follow internal policies and meet applicable regulatory standards.

Zions is accepting applications for a Compliance Officer role for the Compliance Assurance (CA) department located in our downtown, Salt Lake City office.

Responsibilities:

• Assist in planning and scoping small, noncomplex compliance reviews of business processes in accordance with established guidelines.

• Conduct fieldwork activities such as testing controls, gathering documentation, and performing walkthroughs to evaluate compliance with internal policies and regulatory requirements.

• Analyze transactional data and business activities to identify compliance risks, issues, and potential areas for improvement.

• Perform root cause analysis to determine the underlying factors contributing to compliance deficiencies or process gaps.

• Draft clear and concise audit reports summarizing findings, recommendations, and required corrective actions.

• Monitor and track remediation efforts by business units to ensure timely resolution of identified issues.

• Communicate audit objectives, progress, and results with various stakeholders including business process owners, management, and compliance teams.

• Maintain accurate and organized audit workpapers and documentation to support findings and conclusions.

• Stay informed of relevant compliance regulations, company policies, and best practices to support audit work.

• Participate in team meetings, training sessions, and ongoing professional development activities as required.

• Other duties as assigned.

Qualifications:

• Requires an associate’s degree in business, finance, accounting or a related field or equivalent working experience in banking/financial services regulatory compliance, risk management, audit, or other directly related banking operations experience.

• A combination of education and experience may meet requirements.

• 2+ years in banking/financial services regulatory compliance, auditing  or other directly related experience is preferred.

• Basic knowledge of banking/financial regulatory compliance, compliance testing, auditing, financial principles, and regulatory issues.

• Working knowledge of federal and state compliance laws and regulations.

• Proficient customer service and communication skills, both verbal and written.

• Effective research, project management, organizational, analytical and problem resolution skills.

• Proven ability to work independently and meet strict deadlines.

• Working knowledge of Microsoft applications (Access, Excel, Word and PowerPoint). 

   

Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake City’s central business district, providing hundreds of team members with an exceptional work environment and features such as:

• Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;

• An employee-only fitness center and bike storage;

• An employee lounge, kitchen, micro market, game tables, couches and TVs;

• Private mothers’ rooms and lockers; and

• Access to downtown shopping, dining, arts and entertainment.