Title Compliance Analyst
Job Information

(Respond to: diane.katz@primesoftinc.com)

Our Client, a Financial Institution, headquartered in New York City  seeks a Compliance Analyst to assist the Consumer Compliance Officers in ensuring the Bank’s loan, deposit products, and services are compliant with federal and state regulations, as well as all Bank compliance-related policies and procedures. This role will assist in organizing and executing day-to-day operational Consumer Compliance and Risk Management activities relative to the business line.

Essential Job Functions:

  1. Assist in performing monitoring to ensure existing and proposed deposit and lending-related business practices, policies, procedures, software systems, documents and disclosures comply with federal and state regulations
  2. Develop subject matter expertise relative to lending, deposit and loan servicing regulations
  3. Assist in executing the Bank’s Compliance Management System
  4. Assist lending and Deposit Compliance Officers working with business units to analyze compliance risks associated with new and existing consumer, small-business, and commercial lending and deposit products and services
  5. Assist in reviewing all deposit and lending-related advertisements for compliance with regulatory requirements; review all loan and deposit disclosures and forms
  6. Assist with quarterly scrubs of the Bank’s Home Mortgage Disclosure Act – Loan Application Register (HMDA -LAR) data
  7. Maintain the Third-Party Due Diligence Tracker and Vendor Complaint Log
  8. Update and maintain the Outstanding Issues Tracking Log after each monitoring review, and work with appropriate departments to ensure proper corrective action
  9. Assist Compliance Officers with ongoing lending-and deposit-related Compliance, fair lending monitoring and risk assessments
  10. Assist with compliance audits and regulatory examinations
  11. On an as-needed basis, perform research on regulatory issues that is thorough, accurate and timely; communicate the results of the research to the Deposit and Lending Compliance Officers for action plans to be developed.
  12. Assist Compliance Officers and business units perform analysis of compliance risks associated with new and existing consumer and small-business products and services
  13. Assign online compliance courses to bank employees; manage employee course progress, send communications to employees, conduct quarterly course progress reporting/trend analysis, and perform an annual audit of online courses assigned to all employees and investigate all situations where discrepancies exist
  14. Complete all mandatory compliance training within prescribed timeframes
  15. Coordinate training for various business units
  16. Assist the Deposit Compliance Officer with the consumer complaint process by ensuring that all complaints are logged, tracked, and responded to timely.  Conduct complaint trend analysis
  17. Participate in internal bank projects and provide assistance as needed
  18. Perform other duties as directed


Knowledge, Skills and Experience Requirements:

  1. Bachelor’s degree or equivalent experience.
  2. One to three years of Compliance experience.
  3. Basic knowledge of the banking industry, the regulatory process and policy issues.
  4. Ability to work independently, prioritize assignments and organize concurrent responsibilities.
  5. Strong ability to adapt to a rapidly changing work environment.
  6. Strong project management, analytical and organizational skills.
  7. Ability to identify problems and recommend solutions.
  8. Excellent verbal/written communication and interpersonal skills.
  9. Strong technical skills including Excel, and the ability to learn new systems quickly.

Phone Number: 561-573-1581

Full Time Salaried Positions plus bonuses

Candidates must have Green Cards or be US Citizens

Positions are Hybrid (25% in office; 75% from home)