Consumer Compliance Analyst

Job Title: Consumer Compliance Analyst

Location: Mount Laurel, NJ / Wilmington, DE / Charlotte, NC (Hybrid 2days office)

Duration: 12 Months

Job Description:

In this role, you are required to perform consumer compliance reviews/testing at a transactional level for banking and financial services products. The testing process involves selecting a sample of transactions from a larger population and examining them for accuracy, authorization, and adherence to relevant laws, rules and regulations applicable to business products.

Responsibilities

• Performs transactional and control testing based on pre-defined test scripts of business processes and controls
• Document the outcomes of each test case as per prescribed documentation standards
• Highlight any non-compliance or deviations from Testing and share details with key stakeholders
• Develops and/or prepares applicable process and control documentation in collaboration with partners and stakeholders to support decisions
• Work closely with other members of the Compliance team to identify potential areas of non-compliance and recommend corrective actions.
• Accountable for own work and effective coordination of processes and information across related teams.

Minimum Qualifications

• Undergraduate degree in finance, business administration or related field
• Minimum 4 years of relevant experience
• Knowledge of banking and financial products such as credit cards, unsecured lending and deposits
• Conceptual knowledge of the intent and purpose of key regulations including Reg Z, Reg E, Truth in Lending Act (TILA), Record retention, CAN-SPAM Act, Children's Online Privacy Protection Act (COPPA), Credit Bureau Reporting - Fair Credit Reporting Act (FCRA)
• Proficient in using MS Office Suite (Excel, PowerPoint, Word)
• Good communication skills, both verbal and written, with the ability to develop and manage program documentation and executive reports

Preferred Qualifications/ Skills

• Degree in Business, or Risk Management
• Experience in consumer compliance related domain within the banking sector.
• Familiarity with key financial products and relevant regulations.
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively to diverse audiences.
• Strong analytical and problem-solving skills, with the ability to track, report, and mitigate project risks and issues.

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.

Job Title: Consumer Compliance Analyst

Location: Mount Laurel, NJ / Wilmington, DE / Charlotte, NC (Hybrid 2days office)

Duration: 12 Months

Job Description:

In this role, you are required to perform consumer compliance reviews/testing at a transactional level for banking and financial services products. The testing process involves selecting a sample of transactions from a larger population and examining them for accuracy, authorization, and adherence to relevant laws, rules and regulations applicable to business products.

Responsibilities

• Performs transactional and control testing based on pre-defined test scripts of business processes and controls
• Document the outcomes of each test case as per prescribed documentation standards
• Highlight any non-compliance or deviations from Testing and share details with key stakeholders
• Develops and/or prepares applicable process and control documentation in collaboration with partners and stakeholders to support decisions
• Work closely with other members of the Compliance team to identify potential areas of non-compliance and recommend corrective actions.
• Accountable for own work and effective coordination of processes and information across related teams.

Minimum Qualifications

• Undergraduate degree in finance, business administration or related field
• Minimum 4 years of relevant experience
• Knowledge of banking and financial products such as credit cards, unsecured lending and deposits
• Conceptual knowledge of the intent and purpose of key regulations including Reg Z, Reg E, Truth in Lending Act (TILA), Record retention, CAN-SPAM Act, Children's Online Privacy Protection Act (COPPA), Credit Bureau Reporting - Fair Credit Reporting Act (FCRA)
• Proficient in using MS Office Suite (Excel, PowerPoint, Word)
• Good communication skills, both verbal and written, with the ability to develop and manage program documentation and executive reports

Preferred Qualifications/ Skills

• Degree in Business, or Risk Management
• Experience in consumer compliance related domain within the banking sector.
• Familiarity with key financial products and relevant regulations.
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively to diverse audiences.
• Strong analytical and problem-solving skills, with the ability to track, report, and mitigate project risks and issues.

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.