Senior Consumer Compliance Analyst

About the role

S&T Bank seeks an individual to assist the Consumer Compliance Monitoring Coordinator in ensuring compliance with consumer protection laws and fair lending statutes and regulations.

Responsibilities

• Develops and maintains knowledge and understanding of all consumer protection laws, regulations and policies that apply to S&T's business operations.
• Maintains or be willing to pursue the designation of Certified Regulatory Compliance Manager from the ABA.
• Executes independent monitoring programs, as directed by the Consumer Compliance Monitoring Manager and makes suggestions for improvement to the review program and process.
• Reviews print and electronic media advertisements and other marketing materials for products and services to assure compliance with consumer protection laws and regulations.
• Maintains monitoring review work papers and drafts monitoring reports in accordance with Compliance Department procedures.
• Identifies corrective actions to be taken for any identified procedural or training weaknesses in an effort to preclude regulatory violations.
• Affords assistance in the identification and quantification of compliance risk considering the size, level, and complexity of S&T’s operations; financial product and service offerings; and their delivery systems.
• Affords assistance in developing and maintaining working relationships with Business Unit Compliance Analysts, Business Unit Managers and staff to ensure that compliance requirements are incorporated into business processes of the first line of defense and to establish an effective monitoring system to ensure that responsibilities are carried out and requirements are met.
• Performs compliance training to assist business line management and the Training Department as directed.
• As assigned, participates on committees and task forces involved with new product initiatives and lines of business to assist in the identification and mitigation of compliance risk.
• As directed, assists in the development of compliance procedures for business line management.
• Maintains a good working relationship with all S&T employees and adheres to S&T’s Cultributes.
• Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.
• Performs additional duties as assigned.

Requirements

Requires two to five years general experience with two to five years of regulatory compliance or consulting experience in financial services or two to five years in banking in lending origination, servicing, quality control, audit, or similar.

In addition, the candidate must possess:

• Excellent and effective verbal, written and interpersonal communication skills,
• The ability to effectively read and interpret consumer banking law, regulations and policy,
• A diplomatic and professional demeanor,
• An understanding of internal control concepts.

Physical Demands

• 40% of the day is spent operating a keypad device.
• The primary parts of the body involved in performing these tasks are fingers, thumbs and hands.
• Must be able to occasionally lift and/or move up to 20 lbs.
• Use of electronic equipment is required 10% and use of a mouse 20% of the business day.
• Specific vision requirements include close vision of 18”-20” for computer work.
• 90% of the business day requires sitting straight and 10% walking at a slow speed.

Salary Range

$48,000.00 - $115,500.00