Compliance Examiner

This is a fully remote position, open to applicants in Illinois, +2 more states.

📋 Description

• Perform consumer compliance reviews, regulatory assessments, risk evaluations, and issue validation tasks.

• Assess business processes and controls for adherence to relevant federal and state consumer finance regulations.

• Recognize compliance risks, document findings, and assist in remediation efforts.

• Provide ongoing status updates to Senior Compliance Examiners and management throughout the review process.

• Create clear, precise, and well-documented workpapers that detail testing procedures, results, and supporting analyses.

• Maintain an up-to-date understanding of relevant regulatory requirements, changes, and business initiatives, and their potential compliance implications.

• Identify compliance risks and control weaknesses based on testing outcomes and observations, and communicate findings to the review lead.

• Deliver timely status updates on assigned testing activities to management.

• Contribute to the creation of thorough and defensible testing reports.

• Build and sustain effective working relationships with business partners and internal stakeholders during reviews.

• Address inquiries from business partners regarding compliance requirements and regulatory expectations.

• Examine and evaluate policies, procedures, workflows, and first-line monitoring activities.

• Investigate regulatory and operational inquiries, summarize findings, provide recommendations, or escalate complex issues as needed.

• Formulate corrective action recommendations, review management action plans, and validate remediation efforts until issue resolution.

• Assist with special projects and perform additional duties as required.

⛳️ Requirements

• Bachelor’s degree in Business, Finance, Risk Management, Compliance, Legal Studies, or a related field, or equivalent work experience, is required.

• A minimum of 5 years of experience in financial services, consumer lending, compliance, risk management, internal audit, or related regulatory roles is required, including at least 3 years in compliance testing.

• Certification as a Certified Regulatory Compliance Manager (CRCM) is preferred.

• Proficient knowledge of consumer retail finance regulations, such as TILA, ECOA, FCRA, FDCPA, EFTA, ESIGN, GLBA, MLA, SCRA, TCPA, UDAAP, and other relevant federal and state regulations.

• Strong analytical abilities with the capacity to interpret regulations and apply them to business processes.

• Capability to independently plan, organize, and execute assigned testing activities while adhering to established timelines and quality standards.

• Ability to identify trends, emerging risks, and root causes throughout testing cycles.

• Excellent written and verbal communication skills, including the ability to document findings clearly and present recommendations to stakeholders.

• Experience in developing clear and defensible testing documentation and reports.

• Proven ability to influence stakeholders and effectively communicate findings.

• Experience collaborating with legal, risk, audit, and operational teams to address compliance issues.

• Strong organizational skills with the ability to manage multiple priorities and meet deadlines.

• Advanced proficiency in Microsoft Office applications (Excel, Word, PowerPoint); experience with Jira, Confluence, compliance management systems, or data analytics tools is preferred.

• Ability to excel in a fast-paced environment.

🏝️ Benefits

• Health insurance

• Professional development opportunities