Compliance Quality Control Analyst II

About the role

The Compliance Quality Control Analyst II at FCB (“Bank”) supports the Bank’s consumer compliance monitoring program, part of the Bank’s “second line of defense.” This role involves conducting ongoing quality control testing related to various regulations and Bank policies, examining processes and controls, reviewing Bank records, documenting findings, and presenting recommendations to management.

Responsibilities

• Assist the Senior Compliance Quality Control Analyst and VP, Fiduciary and Compliance QC in executing the Bank’s Quality Control Compliance Program
• Conduct ongoing quality control testing related to the alphabet regulations (e.g. Regulations B, CC, D, DD, E, P, X, Z, FCRA, FDCPA, Flood, SAFE Act, MLA, E-Sign Act, etc.); BSA, and OFAC
• Obtain transactional or other data from various bank systems for sampling for detail review
• Obtain and review Bank records, including complex process and procedure documentation, for consistency with applicable regulation under the supervision of the VP, Fiduciary and Compliance QC
• Document work performed, typically in Excel, consistent with internal procedures. Note that this may include developing work papers for new efforts, individually or in partnership with the Senior QC Analyst and VP Fiduciary and Compliance QC
• Draft written reports of testing results consistent with internal procedures
• Work closely with Compliance team members to determine root cause of issues and necessary follow-up actions
• Follow-up on open quality control issues for ongoing tracking and remediation
• Assist with any project assigned by the VP, Fiduciary and Compliance QC or the SVP, Bank Compliance Officer, including:
• Assist with gathering evidence requested by Internal Audit, the OCC, or other stakeholders
• Assist with BSA/AML or other Compliance projects as needed, including ongoing monitoring of customer reviews, etc.
• Assist with the data collection processes for the annual OCC MLR filing, or for various risk assessments (BSA/AML and OFAC, Deposit and Lending, Fair Lending, CRA, Identity Theft Program) as needed
• Assist with research on various management requests (e.g. researching whether proposed process changes trigger additional regulatory requirements)
• Attend the Bank’s Compliance Committee

Qualifications

• Bachelor’s degree required; equivalent experience may be considered
• At least 3 years Banking experience required, with experience within a Banking Compliance team highly preferred
• At least 3 years experience in a dedicated testing function (e.g. Quality Assurance or Quality Control, Internal or external Audit) required, with exposure to consumer banking regulations highly preferred
• Banking software (e.g. Jack Henry, Cognos, Verafin, Actimize) experience preferred
• Relevant certification (e.g. CIA, CRCM, CFE) preferred

Skills

• Excel and SQL proficiency highly desirable; reviews frequently require independently obtaining data from various systems, selecting stratified samples for detail review, and then leveraging formulas to prove or disprove timing within a chain of events
• Detail-oriented and possesses strong communication and organizational skills
• Demonstrated knowledge and understanding of testing standards, and Bank regulations
• Demonstrated ability to perform research, including reading regulations and independently using industry resources to form an opinion
• Strong ability and motivation to learn
• Public Speaking and memorandum writing skills

Benefits

Not specified

Pay

Not specified

Schedule

Not specified