The Compliance Analyst 3 is an advanced professional role requiring high skill with extensive proficiency. Works independently with only administrative supervision and the ability to overcome major obstacles and recognize early when issues should be escalated or a senior peer needs to be consulted. Wide latitude for independent judgment and is expected to provide guidance and cross-training to others. Effectively communicates with all levels of technical and non-technical personnel. This level is expected to lead product compliance support activities and ensure effectiveness of the Product Compliance Program for assigned products and services. Provides regulatory compliance advice to development and product employees during projects and is responsible for regulatory oversight of core or large size product lines that contain complex banking functions. Considered a subject matter expert in several areas of regulatory compliance, including a combination of lending, deposit, privacy, tax or anti-money laundering regulations. Typically requires a minimum of 5 to 7 years experience in the regulatory compliance field.
CRA (Community Reinvestment Act) experts with in depth knowledge of community development in the context of the community reinvestment act. The project involves reviewing loans, grants, and services to determine if a community development purpose exists and is supported by appropriate documentation. If additional documentation is needed, the candidate will source the missing information through public records, bank files, or discussions with the community organization.
GENERAL KNOWLEDGE, SKILLS & ABILITIES
Communicates ideas both verbally and in written form in a clear, concise, and professional manner including presentations to employees and clients at all levels
Extensive knowledge of banking regulations
Must possess excellent analytical skills
Ability to understand technical documents and legal or regulatory reference materials
Ability to understand and apply learned concepts
Demonstrated ability to plan and complete work within tight time limitations
Ability to apply creative problem solving techniques and tools to compliance issues
Ability to follow and conduct an audit program
Last updated on Nov 21, 2013