Compliance-Business Unit Compliance-Analyst

Job Description

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm s culture of compliance. Compliance accomplishes these through the firm s enterprise-wide compliance risk management program. As an independent control function and part of the firm s second line of defense, Compliance assesses the firm s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm s responses to regulatory examinations, audits and inquiries. Youll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. Your Impact Are you passionate about digital consumer banking? We re looking for an analyst to join our compliance monitoring team covering consumer banking. You will focus on analyzing risks by performing a series of tests and discussing findings with the appropriate internal business process owners. Additional responsibilities include making recommendations to enhance the compliance monitoring program and the firm s control environment based on findings. Our Impact Our consumer compliance monitoring partners with all functional areas of the Consumer business and you will have responsibility in identifying, measuring, and mitigating risks. The Consumer Compliance Monitoring team performs proactive and ongoing monitoring work focused on consumer, regulatory and reputational risks in the firm s businesses. The team works closely with business management within Marcus, Legal, Global Compliance and with other investing divisions with consumer business focus. How will you fulfill your potential: Support compliance with U.S. & U.K. consumer financial laws and regulations applicable to consumer products through monitoring and testing Support execution of the Firm s compliance program for consumer banking operations, focusing on consumer facing processes Identify consumer compliance risks associated with business processes and practices in areas related to consumer product and platforms Present findings to compliance senior management and other stakeholders Leverage technology to facilitate monitoring and reporting of compliance risk and drive process enhancements Basic Qualifications: Bachelor s degree 2+ years of experience working in banking, compliance and/or auditing Strong analytical and problem-solving skills with attention to detail Project management and organizational skills Proficiency in Excel (pivot tables, VLOOKUP s) and PowerPoint Willingness to adapt in a fast-paced work environment; strong sense of urgency Strong written and verbal communication skills with the ability to summarize observations and present in a clear, concise manner to stakeholders and peers Ability to quickly grasp new complex concepts and regulations Ability to identify opportunities for process improvements Ability to work independently and be team-oriented Strong work ethic Preferred Qualifications: Basic knowledge of regulations governing the U.S. & U.K. consumer banking industry Experience in compliance monitoring programs Prior experience with reporting applications (e.g. Tableau) and/or GRC tools (e.g. Archer) Familiarity with consumer-focused banking products