Senior Consumer Compliance Analyst

S&T Bank•Plum, PA

1d•Onsite

About The Position

Assists the Consumer Compliance Monitoring Coordinator in ensuring S&T Bank operates in conformity with federal and state consumer protection laws and fair lending statutes and regulations in order to protect the Bank from litigation, civil money penalties and enforcement actions and assist in maintaining a positive public image.

Requirements

Four year college degree in Business or a related field from an accredited college or university.
Must currently hold or be willing to pursue CRCM or related certification, such as CIPP, or CCEP.
The employment candidate should have specialized education on federal laws, regulations, and policies related to consumer protection as noted in applicable federal regulatory examination manuals.
Requires two to five years general experience with two to five years of regulatory compliance or consulting experience in financial services or two to five years in banking in lending origination, servicing, quality control, audit, or similar.
Excellent and effective verbal, written and interpersonal communication skills.
The ability to effectively read and interpret consumer banking law, regulations and policy.
A diplomatic and professional demeanor.
An understanding of internal control concepts.

Nice To Haves

Certified Regulatory Compliance Manager from the ABA

Responsibilities

Develops and maintains knowledge and understanding of all consumer protection laws, regulations and policies that apply to S&T’s business operations.
Maintains or be willing to pursue the designation of Certified Regulatory Compliance Manager from the ABA.
Executes independent monitoring programs, as directed by the Consumer Compliance Monitoring Manager and makes suggestions for improvement to the review program and process.
Reviews print and electronic media advertisements and other marketing materials for products and services to assure compliance with consumer protection laws and regulations.
Maintains monitoring review work papers and drafts monitoring reports in accordance with Compliance Department procedures. Identifies corrective actions to be taken for any identified procedural or training weaknesses in an effort to preclude regulatory violations.
Assists in the identification and quantification of compliance risk considering the size, level, and complexity of S&T’s operations; financial product and service offerings; and their delivery systems.
Assists in developing and maintaining working relationships with Business Unit Compliance Analysts, Business Unit Managers and staff to ensure that compliance requirements are incorporated into business processes of the first line of defense and to establish an effective monitoring system to ensure that responsibilities are carried out and requirements are met.
Performs compliance training to assist business line management and the Training Department as directed.
As assigned, participates on committees and task forces involved with new product initiatives and lines of business to assist in the identification and mitigation of compliance risk.
As directed, assists in the development of compliance procedures for business line management.
Maintains a good working relationship with all S&T employees and adheres to S&T’s Cultributes. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.
Performs additional duties as assigned.