Requisition Number:
1326
Compliance Specialist III
About the client:
Our client strives to understand what moves people so that they can help them connect with our client's mission, vision and purpose. Our client's vision isn't focused on just one thing. Rather, it's about how crucial commitments to innovation, material circularity, fleet solutions and more work together to help contribute to a sustainable future.
Job Location:
Cleveland, OH, USA
Industry Desk:
Other
Base Salary Range:
$90,000 - $95,000
About this job opportunity:
Day to day tasks of this role:
The Compliance Specialist is responsible for:
Assisting in the development and administration of the Bank’s Credit Card Consumer Compliance Program. This includes developing, modifying, and completing various audit programs assessing the Bank’s compliance with applicable laws and regulations. The audits not only focus on the adherence to the regulatory requirements but also assess the identification of compliance risks, establishment and implementation of mitigating controls, and control design effectiveness.
A person in this role will (1) prepare detailed written documentation summarizing the audit work performed and related concerns; (2) interpret new and existing state and federal laws and banking regulations (e.g. CCARDA, BSA/AML, TILA, FCRA, ECOA, etc.) and maintains full knowledge of consumer compliance regulation and audit techniques; and (3) ensure compliance with Bank policies and procedures; (4) assess the adequacy of the Bank’s policies and procedures.
Job Qualifications:
Typically requires a minimum of 8 years of related experience with a bachelor’s degree; or 6 years and a master’s degree; or a PhD with 3 years of experience; or equivalent work experience. Work experience includes consumer credit card compliance and first/second/third line of defense testing of consumer regulatory compliance. Strong interpersonal, communication, analytical, and organizational skills.
Preferred Qualifications
Certifications such as CIA, CRCM, CRMA, or others that apply to regulatory compliance and/or risk management.
Minimal Education Requirements:
Bachelor’s degree
Master’s degree; or a PhD
Required Software Skills Sets:
MS Suite (Exel, Powerpoint, Word)
About Lane Edward:
Lane Edward is an Equal Opportunity Recruiter. All qualified candidates will receive consideration for client opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, genetic information, disability or protected veteran status.