Job Title: Senior Compliance Analyst
Department: Compliance
Location: Pittsburgh
Summary of the Position
The Senior Compliance Analyst serves as a Subject Matter Expert and support role in the execution of the Bank’s Compliance Management System for banking laws and regulations pertaining to lending and deposits compliance. The Senior Compliance Analyst has responsibilities assigned and is a Subject Matter Expert with a specific regulatory focus and will assist in all areas within the Compliance Management System as required.
Primary Job Responsibilities:
- Assists with the overall implementation of the Bank’s Compliance Management System and with the ongoing administration of the Bank’s Compliance Risk Management Program.
- Serves as a Subject Matter Expert in a particular regulatory topic(s) (i.e., Fair Lending, Privacy, etc.).
- Serves as a liaison to the first line of defense for all regulatory specific issues.
- Conducts industry research and peer analysis and recommend changes in policy, process, and training material on assigned regulatory topic(s).
- Functions as member of specific regulatory working group(s) designed to shape, construct and/or recommend enhancements to policy, procedures and/or processes for the Bank.
- Proactively works with business line leadership and Compliance Officer(s) to ensure the awareness of complex Compliance risk-related issues and mitigation.
- Performs monitoring and testing in support of the Bank’s Compliance Management System. Prepares analysis of the monitoring and testing results, prepares draft reports, and make recommendations to Compliance Management for corrective action.
- Assists with the review of third-party and internal products, processes, policies and procedures, marketing programs, advertising materials and other consumer communications to identify applicable regulatory risks and related controls.
- Stays abreast of federal and state regulatory changes. Prepares analysis of such changes and make recommendations to Compliance Management.
- Proactively supports Compliance Management in determining appropriate adjustments to the Bank’s compliance risk profile.
- Reports to Compliance Management on any suspected violations of law, regulations or non-compliance to Company policy and takes responsibility to ensure resolution.
- Maintains compliance related policies and procedures to ensure continued applicability and completeness. Assists with documenting compliance group procedures for the compliance management system. Works with department/group managers on department/group procedures that incorporate compliance requirement in the procedures.
- Serves as the primary contact for bank operations and business lines to ensure compliance related forms are reviewed and updated on a periodic basis.
- Maintains an issue tracking database for the Compliance Group, incorporating issues identified through examinations, audits, monitoring and testing, committee and working group meetings, customer complaints and direct communications with lines of business/operations.
- Assists Compliance Management with the Bank’s Community Reinvestment Act Program, if needed.
- Assist in preparing material and resources for regulatory examinations.
- Performs other compliance related duties as assigned by Compliance Management.
- Primary focus of Fair Lending role:
- Assist with implementation of software platform for fair lending analysis.
- Development of and review of fair lending reports.
- Assist with recommendations for the Bank’s overall fair lending program, including participation in risk assessments, training, procedure review, monitoring and testing, policy, and program review; management reporting; regulatory change management; product development, etc.
- Perform analysis on the total Bank (loan) portfolio including compare loan details of control verses targeted group.
- Analyze Bank portfolio to identify disparities and track down root causes (regression analysis). Document Pricing and Underwriting tolerances.
Education and Experience Requirements:
- Bachelor’s degree in business and/or Finance/Accounting related field or equivalent years of experience. Master’s degree or higher-level degree a plus.
- Five to eight years of progressive compliance, regulatory or first line of defense role in banking experiences specific to lending and deposits.
- Working knowledge of banking laws and regulations.
- Strong operational and business process knowledge to support Bank’s business model.
Essential Skills and Abilities:
- Strong technical writing skills are required – presenting ideas in a clear, concise, understandable, and organized manner.
- Proficient data compilation and analysis skills.
- Effective planning, organizational, time management, and problem-solving skills.
- Ability to work independently and effectively under pressure. Flexibility and willingness to work at a rapid pace in strict time frames.
- Strong analytical and critical thinking skills will the ability to analyze, interpret, and explain regulatory concepts.
- Skilled at managing a variety of assignments simultaneously.
TriState Capital Bank provides equal employment opportunity and advance in employment to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
TriState Capital Bank is an Equal Opportunity Employer.
TriState Capital Bank provides equal employment opportunity and advance in employment to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
TriState Capital Bank is an Equal Opportunity Employer.
