Senior Compliance Analyst.
About The Position
Ampcus Inc. is seeking a highly motivated Senior Compliance Analyst to track, review, and communicate pending and past US federal regulations, agency guidelines, or directives to impacted business units to ensure ongoing product compliance. This role involves working with development groups to review and approve project requirements and design documents related to regulatory compliance, assisting in prioritizing regulatory issues, and responding to internal and external client matters concerning product compliance. The analyst will also perform periodic reviews and audits of products and services to validate compliance with high-risk regulations and identify potential exposures.
Requirements
- Bachelor’s degree in business administration, law or the equivalent combination of education, training, and work experience.
- Communicates ideas both verbally and in written form in a clear, concise, and professional manner including presentations to employees and clients at all levels.
- Extensive knowledge of banking regulations.
- Must possess excellent analytical skills.
- Ability to understand technical documents and legal or regulatory reference materials.
- Ability to understand and apply learned concepts.
- Demonstrated ability to plan and complete work within tight time limitations.
- Ability to apply creative problem-solving techniques and tools to compliance issues.
- Ability to follow and conduct an audit program.
Responsibilities
- Tracks, reviews, and communicates pending and past US federal regulations, agency guidelines, or directives to impacted business units to ensure ongoing product compliance.
- Works with development groups to review and approve project requirements and design documents that pertain to or impact regulatory compliance.
- Assists in setting priorities for regulatory issues that must be addressed by the business.
- Responds to internal and external client matters pertaining to product compliance.
- Assists in providing final disposition of any discrepancies.
- Performs periodic reviews and audits of products and services to validate compliance with high-risk regulations or detect regulatory violations, weak controls, or other potential areas of exposure.
- Monitors and communicates regulatory changes that impact client products and services to internal and external customers.
- Conducts compliance assessments and provides direction on any deficiencies resulting from scheduled product reviews.
- Manages direction for development design specifications for compliance issues.
- Provides compliance reviews and direction for new and expanding products.
- Participates in development of compliance sessions/presentations.
- Participates in internal Education sessions promoting compliance awareness.
- Provides updates for monthly internal and external compliance reports.
- Meets with application product compliance liaisons on a regular basis for status updates on compliance issues.
- Interfaces with legal counsel and federal, state, and local agencies, as needed to resolve regulatory issues.
- Participates in compliance with core group committee as needed.
- Participates in annual IRS and year-end processing modification project.
- Monitors and ensures timeline checkpoints are met for compliance projects.
- Responds to customer-specific questions.
- Coordinates development of customer communications related to compliance issues.
- Assists in comment letters responding to Federal Agencies’ regulatory issues.
- Participates with and/or leads customer focus and advisory groups.
- Directs and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.).
- Performs other related duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
