COMPLIANCE RISK ANALYST *Voted Best Places to Work 2024*

If you are searching for an employer that provides you with unlimited career growth and development opportunities, look no further! Voted as one of the best places to work in the state of Indiana for 2024, STAR Financial Bank strives to be the employer of choice and truly defines OneTeam.

STAR Financial Bank is an Indiana-based community bank known for its culture of delivering quality service, personalized banking solutions, and innovative use of technology for more than 80 years. We are proud to be a community bank in every aspect of the word. Beyond monetary giving and employee volunteerism, STAR is dedicated to partnering with the people and organizations that improve our communities. At every one of our locations, employees demonstrate their commitment to STAR and our customers by honoring our core values of Honesty & Integrity, Accountability, Respect for All, Do What’s Right, Commitment to Lifelong Learning, Community Leadership, Being Progressive, Celebrating Success and Remaining Independent.

STAR Financial Bank proudly celebrates diversity and remains conscious of the realization that diversity is not solely represented by physical characteristics. STAR is an equal opportunity employer (EEO) with a commitment to inclusivity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, pregnancy, age, disability, genetic information, marital status, or status as a covered veteran in accordance with applicable federal, state, and local laws. STAR complies with applicable STAR and local laws governing non-discrimination in employment in every location in which we have facilities.

The Compliance Risk Analyst position is included in a workplace model that does allow for a combination of in-office and remote work.

As a Compliance Risk Analyst essential duties include:

• Reviews lending data from dwelling secured loans for accuracy and completion.


• Ensures compliance risk is managed for the reporting of HMDA and CRA information for assigned lines of business, minimizing exposure to regulatory scrutiny.


• Utilize RATA Comply Suite to assist with HMDA and CRA Monitoring


• Assist in Fair Lending Monitoring utilizing RATA Comply software for analyzing data collected


• Participate in the preparation, training and implementation of new regulations across the enterprise


• Participate in community engagements to ensure understanding of community needs related to banking products and services


• Consistently conduct monitoring and trend analysis bank wide across a variety of business units to understand current state of Risk Management program.


• Prepares and Provides reports of any findings or concerns relating to potential violations of BSA, AML, or OFAC to the BSA Officer including but not limited to:


• High Risk customer identification and monitoring


• Daily Anti-Money laundering software monitoring and analyzation


• Preparation and submission of regulatory reports daily


• Utilizing independent judgment, advise and support Risk Department. Interpret policies/procedures and advise regarding risk and operational day-to-day questions.


• Support Risk Officer with monitoring of risk and compliance functions throughout the bank


• Maintain current knowledge of operational and compliance regulations and best practices to support personnel in their daily functions.  


• Provide support and organize the FHLBI grant process with the CRA Officer


• Conduct Branch Reviews for risk and compliance procedures and regulatory requirements per a documented schedule.


• Assist in Customer Complaint Process as needed.


• Assist Risk Manager with Disaster Recovery and Business Continuity


• Attend Compliance/CRA Committee and SAR Committee meetings

Skills Needed

• Experience working with Bank Secrecy Act


• High attention to detail and strong organizational skills.


• Excellent verbal and written communication skills.


• Proven ability to analyze situations to make confident and knowledgeable decisions.


• Ability to maintain a high level of confidentiality.


• Proven ability to be a self-starter and work independently to meet deadlines.


• Demonstrated ability to handle multiple priorities.


• Intermediate skills in Microsoft Office Word, Excel and Outlook.

In addition to traditional compensation and benefits packages, our leaders continue to collaborate to launch innovative employee benefits and perks including, Affordable Medical/ Vision/ Dental Coverage • Flexible Dependent Care Account • Health Savings Account (with employer contributions) • Prescription Drug Plan • Employee Wellness Initiatives (physical/mental/financial) • Health Management Reimbursement • Program • Short Term/Long Term Disability • Life Insurance • Tuition Reimbursement • Competitive Pay and Bonus Program • 401k (with employer match) • Generous Paid Time off including 10 1/2 holidays. 

** Eligibility of benefits are determined by employment status classification and may be discussed during the interview process.