Enterprise Compliance Analyst (Hybrid)

Bancorp Bank, The • Sioux Falls, SD

1d • Hybrid

About The Position

After the initial training period, this is a hybrid role, working onsite in our Sioux Falls, SD office. Ensures products and processes for a variety of business lines are in compliance with all applicable State and Federal regulatory laws and regulations as part of a robust Compliance Management System. Provides compliance oversight and advisory services to assigned business lines, e.g., prepaid, lending, operations, etc. and to related functional support areas.

Requirements

• Undergraduate degree in a banking-related field or an equivalent combination of training and experience.
• 0-3 years banking experience in compliance testing or auditing payment, deposit, and lending regulations for multiple lines of business.

Nice To Haves

• Comprehensive working knowledge of consumer and commercial banking laws and regulations.
• Demonstrated ability to apply regulatory interpretation to complex banking products and processes.
• Strong research and analytical skills with attention to detail and organization.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to simultaneously prioritize and manage multiple projects and deadlines.
• Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
• Experience in relational databases (Quick Base).

Responsibilities

• Performs risk-based periodic reviews in accordance with The Bancorp’s Compliance Risk Management Program, including independent sampling and testing as part of The Bancorp’s second line of defense function.
• Assesses adequacy of The Bancorp policies, procedures and performs second line of defense testing against regulatory requirements, including, but not limited to: Regulations DD, E, CC, DD, B, Z, UDAAP, UDAP, GLBA, ESIGN, SCRA, MLA, CRA, O, M, , CAN SPAM, Reg ii, Reg GG, ID Theft, FCRA, and 1099 IRS Rules.
• Presents testing reports to Compliance Leadership to articulate areas of concern and associated risk.
• Oversees and validates required remedial efforts for issues identified by in-business monitoring, compliance testing, and independent audit.
• Maintains close working relationships with key internal stakeholders, including Fintech Solutions Client Services, Financial Crimes Risk Management, Third-Party Risk, Monitoring & Oversight, and various others business lines.
• Maintains knowledge of regulatory changes, supervisory guidance, and industry best practices to ensure appropriate advisory support is provided to the impacted areas of The Bancorp.
• Performs other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees