Compliance Specialist

Newark Lending manages assets for more than 200,000 clients through 120 offices. Headquartered in Newark, the company runs operations centers in New Jersey and two other locations.

The role

The Compliance Specialist monitors and tests compliance with banking regulations at a community bank with $2.5B in assets and 30 branches. Fully remote. You can work from anywhere in the US. Normal working hours, Monday to Friday.

Job duties

• Investigate customer complaints that raise compliance issues
• Train employees on annual compliance topics and new rules
• Maintain the compliance risk assessment
• Write and update compliance policies and procedures
• Report compliance metrics to the compliance committee and board
• Monitor compliance with BSA/AML, OFAC and consumer rules such as Reg E, Reg Z and TRID
• Coordinate regulatory exams and audit requests, and follow findings to closure

What you need

• 2+ years of compliance, audit or risk experience in banking or financial services
• Strong writing for policies, findings and board reports
• Sound judgment and the confidence to escalate
• Bachelor's degree in business, finance or a related field
• Working knowledge of BSA/AML, OFAC and consumer lending regulations
• Comfortable training groups and presenting to committees
• Organized, with a careful approach to documentation

Compensation: $97,000 to $133,000/year DOE.

What we offer

• Health savings account (HSA) with employer contribution
• 401(k) with a 100% match up to 5%
• Paid holidays
• Gym membership reimbursement
• Flexible spending account

Newark Lending is an Equal Opportunity Employer, including disability and protected veteran status.

Please include a short note on why this role interests you.

Applicants must be authorized to work in the U.S.

Start: Flexible.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Newark Lending.