Compliance Analyst

Job Description

Job Description

Core Responsibilities of the job :

• You will review & provide compliance guidance on current, upcoming regulations to ensure company compliance.
• Develop and implement internal policies, procedures, controls, tests and training materials to meet regulatory standards.
• Critically review all Originations and Servicing Line of Business ( LOB ) policies, procedures, controls and job aids, and work with the business units to modify first line controls to ensure compliance with regulatory requirements.
• Conduct regular compliance audits and risk assessments to identify potential areas of compliance vulnerability.
• Assist with the development and maintenance of key risk and compliance indicators ( KRIs ).
• Prepare and maintain documentation of compliance activities such as complaints received or investigation outcomes.
• Coordinate with different departments to ensure compliance protocols are being followed.
• Provide training and guidance to staff on regulatory compliance matters.
• Stay abreast of industry changes and update compliance protocols as necessary.
• Liaise with regulatory bodies and manage any regulatory submissions or inquiries.
• Monitor and report on compliance performance to senior management.
• Perform root cause analysis and assist in the development and oversight of corrective action plans for resolution of systemic issues.
• Analyze data to identify trends or areas for improvement in compliance processes.
• Support the compliance team in managing the compliance hotline and responding to compliance inquiries and reports.
• Participate in the creation and revision of company policies to ensure they align with legal and regulatory standards.
• Collaborate with IT departments to ensure proper security measures are in place to protect sensitive data and ensure IT compliance.
• Review marketing materials, contracts, and other documents to ensure they are in compliance with applicable laws and regulations.

Qualifications we would like to see from you :

• Bachelor's degree in Finance, Accounting, Law, Business Administration, or a related field.
• Minimum of three years of experience in compliance, risk management, or a similar role.
• Comprehensive knowledge of industry standards and regulations (e.g., RESPA, Reg X, GLBA, Reg P, TILA, Reg Z, HMDA, The Dodd-Frank Act, UDAAP, etc.)
• Proficiency with compliance software and risk assessment tools.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and the ability to spot errors and inconsistencies.
• Familiarity with conducting audits and writing audit reports.
• Ability to understand legal guidance on laws and regulations from attorneys and translate that guidance into operational business requirements company processes, procedures and controls.
• Exceptional communication skills, both written and verbal.
• Strong organizational and project management skills.
• Proactive in staying up to date with changes in laws and regulations affecting the industry.
• Experience in developing and implementing compliance policies and procedures.
• Ability to work collaboratively across departments and with all levels of management.
• Ethical judgment and the ability to handle confidential information.
• Certification in compliance (CRCM, CCEP, CAMS) is a plus.

Salary Range for this position is : $70,000.00 To $76,000.00 annually, based on professional experience, competencies and job-skills match.

We offer multiple health / dental / vision plans that start on your first day of work. We have a 401k w / corp matching, 15 days of PTO, 7 Federal holidays, tuition reimbursement & more.

Visit us at www.triadfs.com to learn more about us, then reach out and let's talk about your future!