Luminate Bank

Human Resources Compliance Specialist

Luminate Bank

full-time

Posted on:

Location Type: Hybrid

Location: MinneapolisMinnesotaUnited States

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Salary

💰 $90,000 - $100,000 per year

About the role

  • Review, draft, and maintain compliant new hire offer letters and employment agreements in accordance with federal, state, and local employment laws
  • Support compliance related to state wage laws, pay transparency requirements, and exempt/non-exempt classifications
  • Review and maintain MLO compensation agreements in accordance with applicable regulatory requirements, including Regulation Z, as applicable
  • Partner with the Retail Compensation Director on compensation-related compliance initiatives
  • Coordinate with internal and external legal counsel on employment and compensation-related matters
  • Monitor changes in employment law and regulatory guidance and recommend updates
  • Maintain accurate documentation supporting employment and compensation compliance
  • Support audits, compliance reviews, and regulatory examinations
  • Provide guidance to HR and business partners on compliant practices

Requirements

  • Working knowledge of employment law including wage and hour regulations
  • Experience reviewing employment agreements or compensation documentation
  • Strong attention to detail and organizational skills
  • Ability to translate legal requirements into business processes
  • Excellent written and verbal communication skills
  • High degree of professionalism and confidentiality
Benefits
  • Competitive compensation reliant on ability and experience
  • Excellent benefits package including health, pre tax HSA, FSA accounts and dental & vision
  • Life and AD&D Insurance, as well as additional voluntary benefit possibilities
  • 401K with robust company match
  • Flexible PTO program
  • Earned Sick & Safe Time (ESST)
  • The opportunity to work for the Midwest’s fastest growing bank
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
employment lawwage and hour regulationsreviewing employment agreementscompensation documentationcompliance auditsregulatory examinationsdocumentation maintenanceRegulation Z
Soft Skills
attention to detailorganizational skillsability to translate legal requirementswritten communicationverbal communicationprofessionalismconfidentiality