Sr Analyst - Banking Regulatory and Compliance

AVA Consulting is seeking a Sr Analyst - Banking Regulatory and Compliance

Location: Plano, TX

U.S. Citizens and those authorized to work in the U.S. are encouraged to apply. We are unable to sponsor at this time.

Company Background: Our client, a major employer in the area, is looking for Sr Analyst - Banking Regulatory and Compliance to be part of its team in its North American operations.

Job Description:

• Supporting the client's bank Compliance Department in executing the Bank's Board-approved Compliance Management Program and executing the testing and monitoring program for the Bank's deposits portfolio.
• A key responsibility is to also provide both external and internal customers with consistent, value-added services and communication. This position will have responsibility for developing testing and monitoring programs that effectively cover the intended scope and are aligned with the risks and objectives.
• Reporting to the client's bank Senior Manager, Regulatory Compliance, this position will be critical to supporting the compliant development and execution of the rapidly growing deposit portfolio.
• This person will also be tasked with performing on-going testing and monitoring and periodic compliance self-assessments and reviews to ensure that once products are in market that they remain compliant with applicable regulations.
• This position will allow management to meet the requirements of the Bank's Board-approved Compliance Management Program, thereby ensuring satisfactory Compliance ratings from the FDIC.
• A Satisfactory regulatory rating is a requirement for enabling the Bank's management to execute on its strategic vision.

Responsibilities:

• Day-to-day compliance functions of a Compliance Management System for a deposits portfolio.
• Execute reviews through on-going testing and monitoring of the Bank's deposits portfolio and periodic self-assessments the Bank's compliance with policies, procedures and practices established to ensure compliance with all applicable local, state and federal regulatory requirements.
• Detects and reports to the CCO potential compliance problems and recommends changes or enhancements to improve existing policies and procedures or assists the affected business unit to develop new policies and procedures. Is an active participant in helping to identify the root cause of issues identified.
• Prepares documentation that supports conclusions reached because of on-going testing and monitoring and compliance reviews.
• Create and execute a testing and monitoring compliance program to ensure vendor performance and adherence to regulatory requirements and compliance policies and procedures.
• Researches and develops analytical reports and solutions for identified business unit compliance problems. Establishes controls to mitigate the risk of material errors.
• Deliver and communicate findings resulting from assessments to all levels of management and the Board of Directors.
• Stay informed of current laws, regulations, common practices and trends in the regulatory compliance field.
• Assists with compliance testing and monitoring of current and future regulatory obligations, regulatory exams, and audits.
• Maintaining assigned Compliance policies and procedures to ensure alignment with regulatory and business updates as needed and annually, at a minimum.
• Participate in compliance related training opportunities and continuing education to maintain high level of expertise and current knowledge of new compliance issues or regulatory developments; monitor internal and external compliance resources (FDIC website, FFIEC website, American Bankers Association website, etc.) to keep abreast of regulatory "hot topics and changes.

Requirements:

Required Skills:

• Minimum of 5 years progressive regulatory bank compliance experience.
• Bachelor's degree or higher.
• Experience with Deposits.
• Strong knowledge of the functions of a Compliance Management System for a deposits portfolio.
• Advanced proficiency in MS Office (Excel, PowerPoint, Word).
• Independent analytical skills.
• Excellent communication skills (verbal, written, listening).
• Proven ability to prioritize workload and balance multiple duties.
• Independent and self-motivated, with proven ability to successfully interact and work well with others.
• Ability and willingness to travel 10% of the time.

Preferred Skills:

• Certified Regulatory Compliance Manager (CRCM) certification
• Experience with banking systems (Client, Cenlar, LenderLive).
• Experience with Archer and Tableau;
• Experience with verbal and written consumer complaint review and root cause trend analysis

NOTE: Interested Candidates can apply by sending their Updated Resume and Contact Details.

Ron Tolson

AVA Consulting

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