Compliance Analyst

Steel Partners • Salt Lake City, UT

3h

About The Position

The Compliance Analyst may be responsible for various tasks to support the Bank’s compliance program. This position requires performing day-to-day compliance management activities related to the Bank and its Strategic Partner programs.

Requirements

• Bachelor's degree and/or 3 years of experience in a bank or other regulated financial services company.
• Excellent ability to discern and apply state and federal legal and regulatory requirements.
• Experience with Word, Excel, and PowerPoint.
• Strong written and oral communication skills.
• Strong self-confidence, good judgment, and the ability to make sound decisions.
• Ability to interface effectively with all levels of management and partners within many internal departments.
• Ability to handle a fast-paced environment with minimum supervision and successfully meet established project deadline requirements.
• Ability to respond quickly and effectively to feedback and improve processes.
• Highly organized with exceptional attention to detail and follow-through.

Nice To Haves

• Experience in marketing, policy, or testing review.
• CRCM certification.
• Working knowledge of federal and state lending laws and regulations such as TILA, ECOA, UDAAP, CAN-SPAM, FDCPA, etc.
• Experience working with regulatory agencies and third-party auditors.

Responsibilities

• Interface with WebBank Compliance Managers and/or VP’s, execute the issue management program.
• Review Strategic Partner marketing materials to ensure compliance with applicable regulations.
• Participate in the planning and execution of compliance reviews of Strategic Partner Programs.
• Review policies, procedures, and process maps to validate that Strategic Partners are following Bank expectations and requirements.
• Perform Risk Assessments.
• Manage the deployment and follow-up of compliance training.
• Assist in the preparation of Management and Board level reporting packages.
• Assist Compliance Managers and/or VP’s with the preparation of reports related to compliance oversight of Strategic Partners for review by multiple stakeholders within the Bank.
• Monitor federal and state regulatory changes related to consumer and commercial lending.
• Collaborate with Compliance and Program Management teams to identify complaint trends and escalate concerns as necessary to assess compliance impact and regulatory risk.
• Collaborate with Strategic Partners in root cause analysis activities for issues identified through customer complaints and identifying solutions to mitigate future issues.
• Possibility of travel up to 10%.

Benefits

• Paid Time Off (PTO) - Generous paid time off plus paid parental leave
• Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
• 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
• Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
• Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level