State Reg Exam Specialist

Credit Union Leasing of America (CULA)•Los Angeles, CA

8h•$60,000 - $80,000•Onsite

About The Position

The candidate will be a point of contact for state and regulatory examinations and will assist regulators on all requests pertaining to an examination. In addition, the individual will be responsible for developing and implementing appropriate corrective actions to address deficiencies cited in regulatory and state examination reports. Further, the individual will be responsible for ensuring that all deadlines and requests are met as these are extremely time sensitive.

Requirements

Basic knowledge of multi-state regulatory requirements for auto finance
Basic knowledge of Consumer Financial Protection Laws.
Strong communication skills (verbal, writing) including the ability to communicate professionally with state and federal regulators and upper management.
Superior interpersonal skills and teamwork awareness
Demonstrated understanding of learning & development principles
Must be able to handle multi-tasking of projects and manage priorities in fast paced environment
Detail Oriented.

Nice To Haves

Daybreak or other retail consumer servicing systems preferred
At least three years previous experience in the auto finance industry

Responsibilities

Help provide responses to state and federal requests for information.
Help to coordinate state and federal regulatory examinations from agencies such as the CFPB, DOJ, FTC, SEC, NY DFS, DBO, TX OCCC and others.
Develop and implement necessary corrective actions to resolve cited exceptions that result from state and federal regulatory examinations
Schedule follow up internal audits to monitor and maintain the effectiveness of the corrective action taken to ensure future compliance
Provide written responses to exception reports and ongoing audit results to state and federal regulators
Prepare internal reports and summaries on incidents of non-compliance with relevant legal, regulatory and policy requirements
Develop and present Root Cause Analysis along with Corrective Action Plans to the compliance board and board of directors
Work closely with the Chief Compliance Officer and Regulatory Compliance Counsel to ensure that cited exceptions are in fact valid before developing and implementing a remediation/corrective action.
Work with and partner with business units to develop, design, document, and maintain monitoring policies and procedures for the objective of ensuring compliance with relevant legal and regulatory requirements governing compliance finance.

Benefits

Medical, Dental, and Vision benefits
Life Insurance and Long-term disability plans
Flexible Spending Account
401K matching
Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching
Wellness Programs
Metro Tap Card and Metro-link Reimbursement (for Los Angeles, CA employees only)
Career Path Opportunities
Discounts on Parks, Museums, Movie Tickets, and Attractions
Annual Flu Shot
Paid Vacations Days
Paid Sick days
Paid holidays
HGym (available in our Los Angeles, CA & Dallas,TX office)
Rental Car Discounts, Dell Member Purchase Program
UKG Wallet