The Bancorp

Enterprise Compliance Analyst

The Bancorp

full-time

Posted on:

Location Type: Hybrid

Location: Sioux Falls • South Dakota • United States

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About the role

  • Ensures products and processes for a variety of business lines are in compliance with all applicable State and Federal regulatory laws and regulations as part of a robust Compliance Management System.
  • Provides compliance oversight and advisory services to assigned business lines, e.g., prepaid, lending, operations, etc. and to related functional support areas.
  • Performs risk-based periodic reviews in accordance with The Bancorp’s Compliance Risk Management Program, including independent sampling and testing as part of The Bancorp’s second line of defense function.
  • Assesses adequacy of The Bancorp policies, procedures and performs second line of defense testing against regulatory requirements, including, but not limited to: Regulations DD, E, CC, DD, B, Z, UDAAP, UDAP, GLBA, ESIGN, SCRA, MLA, CRA, O, M, , CAN SPAM, Reg ii, Reg GG, ID Theft, FCRA, and 1099 IRS Rules.
  • Presents testing reports to Compliance Leadership to articulate areas of concern and associated risk.
  • Oversees and validates required remedial efforts for issues identified by in-business monitoring, compliance testing, and independent audit.
  • Maintains close working relationships with key internal stakeholders, including Fintech Solutions Client Services, Financial Crimes Risk Management, Third-Party Risk, Monitoring & Oversight, and various others business lines.
  • Maintains knowledge of regulatory changes, supervisory guidance, and industry best practices to ensure appropriate advisory support is provided to the impacted areas of The Bancorp.
  • Performs other duties as assigned.

Requirements

  • Undergraduate degree in a banking-related field or an equivalent combination of training and experience
  • 0-3 years banking experience in compliance testing or auditing payment, deposit, and lending regulations for multiple lines of business.
  • Comprehensive working knowledge of consumer and commercial banking laws and regulations
  • Demonstrated ability to apply regulatory interpretation to complex banking products and processes
  • Strong research and analytical skills with attention to detail and organization
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to simultaneously prioritize and manage multiple projects and deadlines
  • Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook
  • Experience in relational databases (Quick Base).
Benefits
  • Health insurance
  • Flexible working arrangements
  • Professional development opportunities
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compliance testingauditingregulatory interpretationrisk managementregulatory compliancedata analysisreporting
Soft Skills
research skillsanalytical skillsattention to detailorganizational skillsverbal communicationwritten communicationinterpersonal communicationproject managementprioritization