Compliance Senior Analyst

Job Title:

Compliance Senior Analyst

Location:

Plano, TX Duration: 6 Months + Contract Rate: $52 hourly

Description:

• Senior-level Compliance and Regulatory position within the banking and financial services domain.
• The role requires advanced knowledge of banking regulations and the ability to independently support compliance and risk-related initiatives.
• Conduct trend analysis of customer complaints, including data visualization through charts and graphs.
• Perform risk assessment analyses to support regulatory requirements.
• Strong understanding of deposit-related regulatory requirements, including:
  Regulation D and Regulation DD
• Candidates should demonstrate strong professional experience aligned with banking regulatory compliance.
• Must have Bachelor's degree (four-year) in a relevant field.
• Familiarity with Compliance Management Systems (CMS).
• Prior experience within a banking environment involving regulatory compliance is strongly preferred.
• Tableau, Archer, Wolfsberg/Wolfpack would be a plus.
• Exposure to CAPs (Corrective Action Plans) is a plus.
• Understanding of CAMELS ratings is beneficial.
• Experience/knowledge with FDIC, FFIEC, OCC, etc would be plus.
• First Round:
  Virtual interview, 45 minutes and Second Round:
  Onsite interview, 60 minutes.
• Role is Mon-Thu hybrid Onsite in Plano, TX

• Supporting the 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 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.

• 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.
• Review new and existing products, services and channels to evaluate compliance with applicable laws, regulations, and best business practices.
• Execute compliance risk assessments by identifying the key risks and assessing mitigating controls to determine the risk profile for the organization. Conduct research to evaluate risk and mitigating controls. Leverage…