Compliance Senior Analyst

IntelliPro Group Inc.•Plano, TX

1d•$50•Onsite

About The Position

This role involves day-to-day compliance functions of a Compliance Management System for a deposits portfolio. The analyst will execute reviews through ongoing testing and monitoring of the Bank’s deposits portfolio and periodic self-assessments to ensure compliance with policies, procedures, and practices. This includes detecting and reporting potential compliance problems to the CCO, recommending enhancements, and assisting in identifying root causes of issues. The position requires preparing documentation, creating and executing a testing and monitoring program for vendor performance, and researching/developing analytical reports for compliance problems. The analyst will also establish controls, deliver findings to management and the Board of Directors, review new and existing products/services/channels for compliance, and conduct compliance risk assessments. Additionally, the role involves acting as a representative of the Compliance Department for regulatory change management, company projects, and training, as well as assisting with research on regulations impacting the business. Staying informed of current laws, regulations, and trends, assisting with compliance testing for regulatory obligations, exams, and audits, and maintaining assigned Compliance policies and procedures are also key responsibilities. The role also includes participating in compliance-related training and continuing education to maintain expertise and knowledge of new compliance issues or regulatory developments, and monitoring internal and external compliance resources.

Requirements

Minimum of 5 years progressive regulatory bank compliance experience.
Bachelor’s degree or higher.
Experience with Deposits.
Strong knowledge of the functions of a Compliance Management System for a deposits portfolio.
Advanced proficiency in MS Office (Excel, PowerPoint, Word).
Independent analytical skills.
Excellent communication skills (verbal, written, listening).
Proven ability to prioritize workload and balance multiple duties.
Independent and self-motivated, with proven ability to successfully interact and work well with others.
Ability and willingness to travel 10% of the time.

Nice To Haves

Certified Regulatory Compliance Manager (CRCM) certification
Experience with banking systems (Fiserv, Cenlar, LenderLive).
Experience with Archer and Tableau; Experience with verbal and written consumer complaint review and root cause trend analysis

Responsibilities

Execute reviews through on-going testing and monitoring of the Bank’s deposits portfolio and periodic self-assessments.
Detect and report potential compliance problems to the CCO and recommend changes or enhancements to policies and procedures.
Assist affected business units in developing new policies and procedures.
Identify the root cause of issues.
Prepare documentation that supports conclusions reached from testing, monitoring, and compliance reviews.
Create and execute a testing and monitoring compliance program to ensure vendor performance and adherence to regulatory requirements and compliance policies and procedures.
Research and develop analytical reports and solutions for identified business unit compliance problems.
Establish controls to mitigate the risk of material errors.
Deliver and communicate findings resulting from assessments to all levels of management and the Board of Directors.
Review new and existing products, services, and channels to evaluate compliance with applicable laws, regulations, and best business practices.
Execute compliance risk assessments by identifying key risks and assessing mitigating controls.
Conduct research to evaluate risk and mitigating controls.
Leverage the results of risk assessments to lead change within the organization.
Act as a representative of the Compliance Department to aid in regulatory change management, company projects and initiatives, and training as it relates to deposits.
Assist in researching and answering questions related to regulations impacting the business.
Stay informed of current laws, regulations, common practices, and trends in the regulatory compliance field.
Assist with compliance testing and monitoring of current and future regulatory obligations, regulatory exams, and audits.
Maintain assigned Compliance policies and procedures to ensure alignment with regulatory and business updates.
Participate in compliance related training opportunities and continuing education.
Monitor internal and external compliance resources to keep abreast of regulatory “hot topics” and changes.