Compliance Risk Analyst II
Woodbury, NY Woodbury, NY Full-time Full-time From $65,562 a year From $65,562 a year Position
Summary:
The Compliance Risk II Analyst is responsible for assisting in the management of risk arising from violations of federal and state laws or regulations or nonconformance with prescribed practices, internal policies and procedures or ethical standards.
The position will be responsible for conducting a comprehensive review of executive complaints, validating the root cause, escalating process gaps, as needed, and producing complaint trend analysis reporting.
The individual must have in-depth knowledge of consumer regulations, including servicing and debt collection processes, and the impacts of non-compliance.
Essential Functions:
Assist in managing the Compliance Risk Assessment process, including maintaining accurate risk profile in RSA Archer, and working on risk aggregation and reporting Perform systems testing and implementation as required Assist with reviewing Compliance and company-wide policies and procedures Assist in the creation of Compliance training materials Reviews and revises executive complaint cases; validates root cause and escalates process gaps, as needed Analyzes operational and statistical data for complaint trends, root cause and recommends corrective action Assists with follow up reviews of departments to ensure remedies are properly implemented and risks of non-compliance minimized Assists with the development of verbal, written and executive complaint trend analysis reporting Builds and leverages relationships with internal departments with a focus on fostering a partnership in developing a culture of compliance Contributes to the Compliance Management System self-assessment process in order to maintain and enhance the program Responds to compliance related inquiries or issues from operational areas and escalates to department management as appropriate Provides regular updates to department management regarding status of compliance and risk within operations Assists with Regulatory Change Management process, including assessment of new and revised state and federal regulations impacting business processes; participates in the implementation of new processes as a result of regulatory changes, as needed Performs other duties as assigned Education and
Experience:
Bachelor's degree in Business or related field required; Four (4) years of equivalent work experience is accepted in lieu of required degree Six (6) years in a credit card, banking, financial services or related industry, with at least (3) years in compliance, risk, audit, controls or related discipline required In depth knowledge of consumer regulations, including servicing and debt collection processes Paralegal Certification a plus #INDHP Summary of
Qualifications:
Strong writing skills with ability to compose complex correspondence Knowledge of federal and state consumer lending laws and regulations and impact of non-compliance Highly organized, detail oriented and independent professional with superior follow up skills Exceptional verbal and written communication skills; presents ideas in a clear, concise, understandable and organized manner Strong time management skills, including the ability to balance multiple priorities in a fast-paced environment Responsible, flexible individual possessing the ability to work closely with business leaders and manage time and effort efficiently Strong listening and questioning skills in order to gain a strategic understanding of needs and challenges.
Ability to work under pressure; flexibility and willingness to work at a rapid pace Proficient with Windows based computer applications Job Type:
Full-time Pay:
From $65,562.
00 per year
Benefits:
401(k) Dental insurance Health insurance Paid time off Referral program Vision insurance Physical setting:
Office Schedule:
8 hour shift Day shift Monday to Friday Supplemental pay types:
Bonus pay Ability to commute/relocate:
Woodbury, NY 11797:
Reliably commute or planning to relocate before starting work (Preferred) Application Question(s):
How many years of Excel and PowerPoint experience do you have?
Experience:
Compliance/Regulatory knowledge:
1 year (Required) Excel and PowerPoint:
1 year (Required) Work Location:
Hybrid remote in Woodbury, NY 11797.
Estimated Salary: $20 to $28 per hour based on qualifications.
Summary:
The Compliance Risk II Analyst is responsible for assisting in the management of risk arising from violations of federal and state laws or regulations or nonconformance with prescribed practices, internal policies and procedures or ethical standards.
The position will be responsible for conducting a comprehensive review of executive complaints, validating the root cause, escalating process gaps, as needed, and producing complaint trend analysis reporting.
The individual must have in-depth knowledge of consumer regulations, including servicing and debt collection processes, and the impacts of non-compliance.
Essential Functions:
Assist in managing the Compliance Risk Assessment process, including maintaining accurate risk profile in RSA Archer, and working on risk aggregation and reporting Perform systems testing and implementation as required Assist with reviewing Compliance and company-wide policies and procedures Assist in the creation of Compliance training materials Reviews and revises executive complaint cases; validates root cause and escalates process gaps, as needed Analyzes operational and statistical data for complaint trends, root cause and recommends corrective action Assists with follow up reviews of departments to ensure remedies are properly implemented and risks of non-compliance minimized Assists with the development of verbal, written and executive complaint trend analysis reporting Builds and leverages relationships with internal departments with a focus on fostering a partnership in developing a culture of compliance Contributes to the Compliance Management System self-assessment process in order to maintain and enhance the program Responds to compliance related inquiries or issues from operational areas and escalates to department management as appropriate Provides regular updates to department management regarding status of compliance and risk within operations Assists with Regulatory Change Management process, including assessment of new and revised state and federal regulations impacting business processes; participates in the implementation of new processes as a result of regulatory changes, as needed Performs other duties as assigned Education and
Experience:
Bachelor's degree in Business or related field required; Four (4) years of equivalent work experience is accepted in lieu of required degree Six (6) years in a credit card, banking, financial services or related industry, with at least (3) years in compliance, risk, audit, controls or related discipline required In depth knowledge of consumer regulations, including servicing and debt collection processes Paralegal Certification a plus #INDHP Summary of
Qualifications:
Strong writing skills with ability to compose complex correspondence Knowledge of federal and state consumer lending laws and regulations and impact of non-compliance Highly organized, detail oriented and independent professional with superior follow up skills Exceptional verbal and written communication skills; presents ideas in a clear, concise, understandable and organized manner Strong time management skills, including the ability to balance multiple priorities in a fast-paced environment Responsible, flexible individual possessing the ability to work closely with business leaders and manage time and effort efficiently Strong listening and questioning skills in order to gain a strategic understanding of needs and challenges.
Ability to work under pressure; flexibility and willingness to work at a rapid pace Proficient with Windows based computer applications Job Type:
Full-time Pay:
From $65,562.
00 per year
Benefits:
401(k) Dental insurance Health insurance Paid time off Referral program Vision insurance Physical setting:
Office Schedule:
8 hour shift Day shift Monday to Friday Supplemental pay types:
Bonus pay Ability to commute/relocate:
Woodbury, NY 11797:
Reliably commute or planning to relocate before starting work (Preferred) Application Question(s):
How many years of Excel and PowerPoint experience do you have?
Experience:
Compliance/Regulatory knowledge:
1 year (Required) Excel and PowerPoint:
1 year (Required) Work Location:
Hybrid remote in Woodbury, NY 11797.
Estimated Salary: $20 to $28 per hour based on qualifications.
|
|
 | |
