Compliance Officer III

Description

Position Summary

The Risk Analyst III will be responsible for performing second line of defense (2LOD) duties, which includes compliance testing of regulatory requirements for the bank. The position reports to the Vice President (VP) of Enterprise Risk (Second Line Compliance Testing & Validation [SLCTV] Team). Please note, this position is full-time, in-office, with no remote or hybrid option.

Essential Job Functions:

• Analyze external complaint reports from both internal and external sources to assist in the planning of compliance testing reviews.
• Assist the VP with preparing final reports, quality assurance, and other workpapers.
• Assist with the coordination of OCC regulatory compliance exams and external compliance audits.
• Create written reports of findings and recommendations for senior leadership and executive management.
• Facilitate compliance testing reviews, which include analyzing and assessment of applicable laws and regulations.
• Follow up with management and business partners to ensure corrective action has been taken on issues identified in testing.
• Facilitate status update meetings with relevant business partners, as needed.
• Maintain advanced knowledge of laws, regulations, and regulatory guidance related to the Bank's activities and products. Manage review processes to ensure testing is completed accurately, with quality, and within testing timelines.
• Prepare work papers and ensure documentation has been finalized for circulation with the VP, stakeholders, and senior leadership, which may include review announcements, planning documents, testing results, final reports, and quality assurance.
• Provide consultative services throughout the reviews to departments relative to each review, while maintaining a strong collaborative relationship with business partners and key stakeholders.
• Provide feedback on governance and methodology materials for SLCTV and/or Enterprise Risk.
• Provide guidance to the business on developing action plans to resolve issues identified through testing.
• Review risk assessments in testing and as needed (e.g., when required by new, or amended, regulations and/or new product-types in the Bank).
• Execute special projects and ad hoc duties as assigned.

Position Requirements:

• Strong collaboration, communication, and interpersonal skills.
• Excellent leadership skills.
• Experience as an examiner and/or tester, with emphasis on consumer protection laws and regulations, preferred.
• Intermediate, advanced, or higher, skill levels in MS Office Suite, with an emphasis on Excel Pivot Tables and PowerPoint.
• Basic understanding large data sets extracted from SAS, SQL, etc. preferred.
• Bachelor's degree or equivalent experience preferred.

Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.