Compliance Officer

The company:

Commercial lines, personal lines and specialty programs are run as separate business units. Our claims organisation handles more than 400,000 claims a year, including catastrophe response after hurricanes and hail.

Role overview:

The role is new and comes from growth in our client base. The Compliance Officer monitors and tests compliance with banking regulations at a community bank with $2.5B in assets and 30 branches. This role prepares for regulatory exams and works directly with examiners. Remote position. Most of the team is in Ahmedabad, but nobody is required to come in. We do not have many meetings. Most updates happen in writing. Good written English matters here, since most updates are written.

Your responsibilities:

• Investigate customer complaints that raise compliance issues
• Monitor compliance with BSA/AML, OFAC and consumer rules such as Reg E, Reg Z and TRID
• Write and update compliance policies and procedures
• Train employees on annual compliance topics and new rules
• Review suspicious activity alerts and prepare SAR filings within deadlines
• Coordinate regulatory exams and audit requests, and follow findings to closure
• Advise managers on regulatory questions in day-to-day operations
• Vet new products, marketing materials and disclosures before launch

About you:

• 2+ years of compliance, audit or risk experience in banking or financial services
• Sound judgment and the confidence to escalate
• Familiar with AML monitoring systems such as Verafin or Abrigo

Bonus points:

• CAMS or CRCM certification
• Excel or SQL for transaction analysis
• Law degree

Perks and benefits:

• Health insurance for you and your family
• Provident fund
• Paid leave
• Gratuity
• Internet reimbursement

Candidates must be eligible to work in India.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Wrenhill Mutual Pvt Ltd.