Compliance Analyst

Commercial Bank of California•Los Angeles, CA

30d•Hybrid

About The Position

The Compliance Analyst is responsible for assisting the Compliance Officer in assessing, developing, implementing, maintaining, and monitoring the Bank’s loan, deposit and payment solutions compliance programs to ensure that each functional area achieves and maintains compliance with all applicable banking laws and regulations. The daily activities are directed primarily to Compliance program responsibilities.

Requirements

Bachelor’s degree or minimum 2 + years in Compliance or banking related experience.
Familiarity with Regulation B (ECOA), Regulation BB (Community Reinvestment Act); Regulation X (RESPA); Regulation Z (TILA); Regulation H (FDPA); Regulation V (FCRA); Fair Lending; Regulation P (GLBA), and UDAAP.
Ability to perform tasks quickly and accurately.
A thorough understanding and application of compliance laws & regulations.
Working knowledge of ACH and PCI compliance.
Ability to operate in a team environment to accomplish shared goals.
Ability to effectively manage time as related to daily tasks.
Ability to solve practical problems and interpret a variety of instructions furnished in written, oral or schedule form.
Ability to prioritize multiple demands in a high-pressure environment while maintaining professional demeanor.
Proficient in Microsoft Office programs.

Nice To Haves

Experienced with MS Copilot is a plus.

Responsibilities

Perform compliance monitoring and testing to ensure compliance with consumer protection laws and regulations, including but not limited to Reg E, UDAAP, FDPA.
Assist in the development and maintenance of compliance policies, procedures, and compliance monitoring.
Maintains proficient knowledge of applicable compliance statutes, regulations and interpretations.
Provide assistance during regulatory examinations and independent audits at the direction of the Compliance Officer, including gathering of documentation and information requested by internal, external and regulatory auditor and authorities related to an audit, examination or inquiry.
Assists in development of compliance-related training for lending department employees.
Work in partnership with Compliance Officer to distill and communicate relevant findings to senior management.
Support the Compliance team that helps drive the Bank’s regulatory compliance risk mitigation strategies.
Provide subject matter expertise, guidance and technical assistance.
Timely completion of all assigned compliance training.
Perform all other duties as assigned.