Enterprise Compliance Analyst (Hybrid)

Job Description

Overview

***After the initial training period, this is a hybrid role, working onsite in our Sioux Falls, SD office.***

Ensures products and processes for a variety of business lines are in compliance with all applicable State and Federal regulatory laws and regulations as part of a robust Compliance Management System. Provides compliance oversight and advisory services to assigned business lines, e.g., prepaid, lending, operations, etc. and to related functional support areas.

Responsibilities

Essential Functions

1. Performs risk-based periodic reviews in accordance with The Bancorp's Compliance Risk Management Program, including independent sampling and testing as part of The Bancorp's second line of defense function.
2. Assesses adequacy of The Bancorp policies, procedures and performs second line of defense testing against regulatory requirements, including, but not limited to: Regulations DD, E, CC, DD, B, Z, UDAAP, UDAP, GLBA, ESIGN, SCRA, MLA, CRA, O, M, , CAN SPAM, Reg ii, Reg GG, ID Theft, FCRA, and 1099 IRS Rules.
3. Presents testing reports to Compliance Leadership to articulate areas of concern and associated risk.
4. Oversees and validates required remedial efforts for issues identified by in-business monitoring, compliance testing, and independent audit.
5. Maintains close working relationships with key internal stakeholders, including Fintech Solutions Client Services, Financial Crimes Risk Management, Third-Party Risk, Monitoring & Oversight, and various others business lines.
6. Maintains knowledge of regulatory changes, supervisory guidance, and industry best practices to ensure appropriate advisory support is provided to the impacted areas of The Bancorp.
7. Performs other duties as assigned.

Qualifications

Education/Experience Requirements

• Undergraduate degree in a banking-related field or an equivalent combination of training and experience.
• 0-3 years banking experience in compliance testing or auditing payment, deposit, and lending regulations for multiple lines of business.

Preferred Qualifications

• Comprehensive working knowledge of consumer and commercial banking laws and regulations.
• Demonstrated ability to apply regulatory interpretation to complex banking products and processes.
• Strong research and analytical skills with attention to detail and organization.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to simultaneously prioritize and manage multiple projects and deadlines.
• Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
• Experience in relational databases (Quick Base).
• No travel required.

Additional Information

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank, N.A. and Benefits Information: https://thebancorp.com/company/join-our-team/

Company Culture & Background Screening

Company Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

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