Risk and Compliance Support Specialist

Renasant Bank•New Orleans, LA

3d•$55,000 - $67,500•Onsite

About The Position

This position serves Republic Business Credit, a subsidiary of Renasant Bank. The Risk and Compliance Support Specialist will ensure risk management and compliance requirements are being met and the data relating to such requirements is being properly maintained and reported. This role will ensure client reviews, UCC’s and due diligence is completed timely, and client reporting requirements are satisfied, organized and reviewed as required. The Risk and Compliance Support Specialist will facilitate the timely turn-around and maintenance of the various due diligence, Sarbanes-Oxley (“SOX”), compliance and exception reporting, as required. Each of the foregoing is to be done in compliance with the Credit Policy and How To Guide (collectively, the “Credit Standards”).

Requirements

High school diploma or equivalent required
Minimum of one (1) year of job related experience
Strong analytical skills and problem-solving abilities with a keen attention to detail
Communication, organizational and interpersonal skills
Ability to work independently and yet collaborate in a team environment
Advanced competency in Microsoft Office, particularly Excel
Ability to handle multiple priorities simultaneously

Nice To Haves

Bachelor’s degree is preferred
Basic understanding of corporate financial statements and credit reporting is preferred

Responsibilities

Complete new client set-ups in Podio of various applications, in coordination with the Risk, Underwriting and Legal Management teams
Review, report and maintain existing client ongoing due diligence and search results, including Taxguard, CSC Debtor Tracking, etc. and report notable items to Risk and Compliance Administrator, Chief Risk Officer and the respective Client Services team
Record and maintain incoming due diligence search results (UCC, tax lien, judgment lien, bankruptcy, etc.), background checks and credit reporting, as required
Maintain the Lien Tracking Spreadsheet for each existing client
Maintain the UCC app, in coordination with the Legal Management team, to ensure priority security interests are maintained and UCC filings are continued, amended and terminated, as needed
Together with the Client Services team, ensure the maintenance of the Client Compliance Schedule, including submission of client financial statements, A/R agings, A/P agings, and any additional reporting identified by Client Services team or Credit Committee as being required for review on a routine basis
Report to the Risk Management team and respective Client Services team of upcoming financial packages becoming due and any financial packages, whether whole or in part, not received in a timely fashion, in accordance with the Client Compliance Schedule
Assist in gathering client information, due diligence results and credit reporting necessary to complete Client Reviews
Record reviewed/completed Client Reviews and maintain the Client Review schedule, ensuring past due Client Reviews are being reported to the Risk Management team and respective Client Services team
Maintain Client Visit schedule and ensure past due Client Visits are reported to the Risk Management Team and respect Client Services team
Assist the Risk and Compliance Administrator and Chief Risk Officer in maintaining data reported in the Risk Review Report
Support the Risk Management team in monitoring and maintaining the Third Party Management app for the vendors under its purview and ensuring the vendor contracts are reviewed and submitted for approval in a timely fashion
Support the Risk Management team as needed, including but not limited to compiling data and assisting in completing internal reporting and maintenance of all Podio records, risk management processes and compliance reporting, including facilitating RBC’s submission to Renasant Bank (“RNST” or the “Bank”) of timely Exception, Risk Rating, Risk Monitoring, SOX compliance reporting and other audit reporting, as needed
Perform other related duties as assigned