Compliance Risk Management Specialist
1 month ago
Prosperity Bank is seeking a highly skilled Compliance Risk Analyst to join our team. As a key member of our Compliance department, you will play a critical role in ensuring the bank's compliance with applicable state and federal laws, rules, and regulations.
The ideal candidate will have a strong background in banking regulations, with a minimum of 2+ years of experience in Quality Control and/or Internal Auditing and Compliance. You will be responsible for performing ongoing reviews of compliance risk management areas, including vendor management, warehouse lending, risk assessments, and new products and services.
Key Responsibilities- Conduct thorough analysis and review of risk data to provide insightful recommendations and opinions.
- Assist in developing and maintaining compliance risk assessments, including but not limited to Compliance, Red Flags, UDAAP.
- Perform regular compliance due diligence reviews on third-party vendors, both new and existing.
- Conduct compliance risk reviews on warehouse lenders, as needed.
- Prepare analysis and reports for management.
- Review and analyze current and proposed processes, practices, and documents to identify possible risks or non-compliance issues.
- Administer and complete tasks such as data gathering, system or process creation and implementation.
- Support compliance operations and monitor points of controls.
- Regularly monitor and evaluate the effectiveness of internal controls, systems, and procedures.
- Stay up-to-date on regulatory changes to ensure in-depth understanding of how changes will impact business units and banking centers.
- Assist with other compliance projects as assigned.
This role requires strong analytical, detail-oriented, and accurate skills, as well as excellent written and verbal communication skills. If you are a motivated and organized individual with a passion for compliance, we encourage you to apply.
Requirements:
- College degree
- In-depth knowledge of banking regulations
- Minimum 2+ years' experience related experience
- Experience in Quality Control and/or Internal Auditing and Compliance
- Strong analytical, detail-oriented, and accurate skills
- Excellent written and verbal communication skills
- Ability to work well with associates at all levels
- Strong problem-solving skills
- Ability to research, interpret, and explain regulations and other compliance-related documents
- PC skills including proficiency in MS Word and Excel
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