Compliance Analyst Senior

What you will be doing

As a Senior Compliance Analyst you will work independently with only administrative supervision and the ability to overcome major obstacles and recognize early when issues should be escalated or an expert needs to be consulted. Wide latitude for independent judgment and is expected to provide guidance and cross-training to others. Effectively communicates with all levels of technical and nontechnical personnel. This level is expected to lead compliance support activities and ensure effectiveness of the Compliance Program for assigned products, services and business activities. Responsible for regulatory oversight of core or significant high risk product lines that contain complex banking functions. Considered a subject matter expert in several areas of regulatory compliance, including a combination of banking regulations. Typically requires five or more years of experience in the regulatory compliance field.

• Monitors and communicates regulatory changes that impact FIS products, services and business activities.
• Maintains knowledge of applicable laws and regulations.
• Offers guidance on implementing regulatory changes.
• Communicates detailed requirements to LOB, validate solution approach and monitor status.
• Provides compliance reviews and direction for new and expanding products and services.
• Responds to issues and matters pertaining to regulatory compliance of FIS products, services and business activities.
• Performs periodic reviews and evaluations of FIS products, services and business activities to validate compliance with applicable laws and regulations or detect regulatory violations, weak controls or other potential areas of exposure.
• Conducts compliance assessments and provides direction on any deficiencies detected by those assessments.
• Meets with business unit Compliance Officers on a regular basis for status updates on compliance issues.
• Monitors LOB compliance activities to verify that regulatory compliance deadlines and requirements are met.
• Tracks and validates product compliance deficiencies to completion.
• Participates in development of compliance sessions/presentations.
• Participates in training promoting compliance awareness
• Identifies areas of potential improvement.
• Provides updates for periodic reports.
• Interfaces with legal counsel and federal, state and local agencies, as needed to address regulatory or compliance issues, concerns or questions.
• Assists the business with responses to customer compliance-specific questions and concerns.
• Participates with and/or leads customer focus and advisory groups.
• Prepares and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.
• Other related duties assigned as needed.

EDUCATION REQUIREMENTS:

Bachelor s degree in business administration or law or the equivalent combination of education, training, or work experience.

What you bring:

• Excellent verbal and written communication skills
• 5+years of experience in regulations, compliance testing.
• Shift time is 2 PM to 11 PM IST.
• Ability to understand and apply learned concepts
• Demonstrated ability to plan and complete work within tight time limitations
• Excellent analytical skills

Added Bonus if you have:

• Experience or knowledge working in a compliance role or within a consumer reporting agency
• Knowledge of understanding of regulatory requirements such as FCRA or UDAAP.
• Bachelor s degree in business administration or law or the equivalent combination of education, training, or work experience.