Compliance Monitoring & Testing Analyst (Full Time)

PROSPERITY BANK•Plano, TX

About The Position

The Compliance Monitoring & Testing Analyst reviews, tests, and monitors bank processes to confirm regulatory compliance in accordance with the Bank’s compliance management system. The role includes assessing deposit and/or loan products and services, reporting findings and corrective actions, reviewing regulatory changes and bank advertisements, and supporting associates and business units with compliance implementation. This position has no supervisory responsibilities. The schedule is Monday through Friday, 8:00 AM to 5:00 PM.

Requirements

College degree.
In-depth knowledge of banking regulations.
Minimum of 5 years of related experience.
Experience in quality control and/or internal auditing and compliance.
Analytical, detail-oriented, and accurate.
Well organized.
Excellent written and verbal communication skills.
Demonstrated ability to work well with associates at all levels.
Strong problem-solving skills.
Ability to research, interpret, and explain regulations and other compliance-related documents.
PC skills, including proficiency in MS Word and Excel.

Responsibilities

Perform compliance reviews and testing of deposit and/or loan products and services to ensure compliance with applicable federal and state laws and regulations.
Prepare analyses and reports of findings, including recommended corrective action items.
Follow up on previous findings to confirm that corrective action items addressed noted compliance issues.
Develop and manage corrective-action tracking and follow-up procedures to ensure appropriate implementation.
Review regulatory changes and assess their impact on business units and banking centers.
Recommend changes to internal policies and procedures based on compliance testing and review results.
Review bank advertisements for compliance with applicable regulations.
Provide feedback and suggestions to the marketing department and maintain documentation of approvals.
Serve as a subject matter expert to assist associates with implementing corrective action items.
Assist with other compliance projects as assigned.