Compliance Analyst – Regulatory Change Management

This is a fully remote position, open to applicants in Minnesota.

📋 Description

• Oversee incoming federal and state regulatory updates, agency directives, and GSE bulletins through NComply (NContracts)

• Record all identified regulatory updates in NComply, serving as the enterprise system of record

• Assess and determine the relevance of regulatory changes

• Delegate changes to the appropriate business units along with citations, effective dates, action summaries, and evidence requirements

• Send formal notifications to business unit leaders and monitor acknowledgments and escalations

• Maintain a notification chain that is ready for examination

• Monitor implementation progress through policy revisions, training, system adjustments, and procedural updates

• Evaluate submitted evidence for adequacy and completeness

• Conduct or coordinate independent effectiveness testing after implementation for high-risk or complex changes

• Record testing outcomes and assist in reporting to the Enterprise Compliance Committee and Board Audit Committee

• Track and address associated compliance findings and issues, including root-cause analysis and closure evidence

• Contribute to the Regulatory Change Management dashboard

• Assist with FDIC compliance management system gap assessments and examination response documentation

⛳️ Requirements

• Bachelor's degree in a related field, or an equivalent combination of education and relevant compliance/regulatory experience

• At least 2 years of experience in bank regulatory compliance, compliance change management, quality control, or a similar risk/audit function

• Experience in mortgage or consumer lending compliance is highly preferred

• Proficient understanding of TILA and Regulation Z; RESPA, Regulation X, and TRID; ECOA and Regulation B; HMDA and Regulation C

• Familiarity with UDAAP standards and their application in change implementation and business unit rollout consistency

• Comprehension of FDIC compliance management system examination criteria

• Knowledge of state regulatory oversight, such as that from the Minnesota Department of Commerce, is advantageous

• Experience with, or the capability to quickly learn, GRC/compliance workflow platforms

• Direct experience with NComply (NContracts) is a plus

• Strong organizational abilities to manage multiple tracked items, deadlines, and cross-functional stakeholders

• Excellent written communication skills, including the capacity to draft clear business unit notifications and examiner-ready documentation

• Ability to work independently while effectively collaborating with business unit leaders

• CRCM designation, or actively pursuing one

• Previous experience in supporting Ginnie Mae issuer requirements, GSE seller/servicer compliance, or preparing for de novo/charter-conversion examinations

• Experience in designing or managing a risk-tiered testing or quality control program

• Proficient in Microsoft 365; experience with compliance reporting/dashboard tools is a plus

🏝️ Benefits

• Competitive compensation based on skills and experience

• Health, dental, and vision benefits

• Pre-tax savings account options

• Life and AD&D Insurance

• Additional voluntary benefit options

• 401K plan with company match

• Flexible PTO program

• Equal opportunity workplace