Compliance Specialist Jobs

About The Position

Requirements

• Good understanding of the Consumer compliance risks of the products and services the Bank intends to offer.
• Broad understanding and knowledge of industry best practice and regulatory expectations for compliance management (Not limited to “Reg. O”, “Reg. V”, “Reg. Z”, “UDAAP” and “CRA”).
• Analytical, methodical and common-sense approach to problem solving.
• Excellent interpersonal and influencing skills across all levels of the organization.
• Excellent written and oral communication skills, with experience communicating to all levels within the organization.
• Self-starter, fully capable of working on own initiative, with a high degree of autonomy and independent decision-making capability.
• Able to work under pressure and manage conflicts/priorities.
• Ability to champion continuous improvement.
• Bachelor’s degree or law degree
• At least 5 years of experience in banking.

Responsibilities

• Develops and maintains an inventory of Consumer compliance requirements applicable to the Bank.
• Ensures that appropriate policies, procedures, systems and controls are in place to mitigate Consumer compliance risk.
• Support the CCO in the Bank’s new product/service evaluation to ensure that Consumer compliance risks are appropriately considered.
• Develops and implements a Consumer compliance training program
• Develops and implements a Consumer compliance monitoring program.
• Participates in the regulatory examinations as defined by the CCO
• Monitors changes in Consumer compliance requirements and their potential impact on the Bank.