Senior Compliance Analyst,Advisory Job Salt Lake City area,Utah USA,Finance & Banking

Senior Compliance Analyst, Advisory

The Advisory Compliance Analyst is responsible for performing compliance advisory duties as assigned in support of the Bank's Compliance Management Program to meet the ongoing objectives of Stride Bank and to ensure all banking rules, regulations, and statutory requirements are met.

Principle Duties And Responsibilities

Maintains effective working knowledge of applicable federal and state laws, regulations, and regulatory guidance through ongoing research, training, and participation in industry forums.

Executes tasks that support the daily oversight of the compliance program.

Assists in the development and maintenance of compliance monitoring to assess the risk environment.

Provides clear guidance to Bank personnel, and/or assigned fintech partners, on becoming and remaining compliant.

Assists with the development and implementation of new and modified Bank, and/or fintech, products and services, ensuring compliance considerations are incorporated from the outset and throughout the lifecycle.

Assists to assess changes to business processes, products, and technology to determine impact to the regulatory risk profile and the effectiveness of the control environment.

Assists with the preparation of content for meeting with business partners throughout the compliance program lifecycle. Responsible for preparing clear guidance based on identified risks and effectiveness of the control environment provided to the Bank, and/or fintech partners.

Provides feedback to help the Bank maintain up-to-date compliance policies, program standards, procedures, guidelines, training documents and other associated forms/documents.

Assists in developing recommendations for enhancements to processes and systems minimizing compliance risk, improving performance and productivity, and ensure that specific areas of the Bank comply with all relevant laws, regulations, and standards.

Assists with monitoring and investigating compliance-related issues, incidents, and complaints; assists with root cause analysis; collaborates with cross-functional stakeholders to address issues efficiently and effectively.

Executes assigned monitoring activities and document evidence of task execution.

Assists with documentation collection, review and responses to internal and external compliance inquires, conducting research and assisting with assessments as necessary.

Performs other duties as assigned.

Qualifications

Education And/Or Experience

Bachelor's degree, or equivalent work experience, required.
2-3 years' experience in financial services, preferred.

Knowledge, Skills, And Abilities

Ability to work in a fast paced and rapidly evolving market.
Strong analytical and conceptual thinking skills, with the ability to solve problems and make decisions using data.
Knowledge of existing and emerging bank regulations, audit processes, and compliance reporting.
Ability to work independently and collaboratively across functions.
Strong communication and collaboration skills.