What are the responsibilities and job description for the Compliance Testing Analyst position at MidFirst Bank - Default?
The MidFirst Bank Compliance Testing Analyst will perform a variety of tasks related to assisting the Commercial and Private Bank 1LOD Manager in maintaining compliance with state and federal regulations including, but not limited to, the following:
- Equal Credit Opportunity Act
- Electronic Funds Transfer Act
- Truth in Lending Act
- Truth in Savings Act
- Fair Credit Reporting Act
- Servicemembers Relief Act
- SAFE Act
- Fair Debt Collection Practices Act
- Real Estate Settlement Procedures Act
- Home Mortgage Disclosures Act
- Community Reinvestment Act
- Fair Lending Act
- Unfair, Deceptive or Abusive Acts or Practices
- Identity Theft/Red Flags
- Privacy
- Appraisals
- Functions
- Participation in a team environment where motivation, support and collaboration are paramount
- Participation in workgroups to problem-solve issues causing non-compliance
- Research internal programs, policy, procedures for solutions to internal risk assessments and testing events
- Assist Lending staff in resolving issues according to policy
- Create controls to mitigate risk identified by internal compliance
- Drafting of policy, procedures and job-aids
- Identifying areas of Best Practice that needs improvement and reporting to Compliance Manager
- Provide guidance and support to business units on compliance-related questions or problems
- Tracking and Monitoring of data
- Working with various Business Units in various markets nation-wide
- Requirements
- Bachelor’s Degree in Business, legal affairs or Compliance
- Commensurate experience may be considered in lieu of a degree
- Effective written and oral communication
- Must possess a strong knowledge of Microsoft Excel and Word
- Knowledge and ability to work within adobe software
- Strength in technology ability to understand and work with unfamiliar software systems
- Demonstrated reasoning and critical thinking skills with the ability to define problems, collect data, establish facts, and draw valid conclusions in order to make recommendations
- Project management exposure is a plus for working effectively in a high-pressure environment with time constraints
- Multi-tasking in a high-pressure environment with time constraints
- Flexibility in an ever-changing daily schedule
- Attention to detail is paramount for accurately performing job requirements
- Professionalism is paramount in this position
- Strong organizational skills
- Occasional travel may be required
