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Ascent Funding
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$87k-109k (estimate)
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Compliance Analyst
Ascent Funding San Diego, CA
$87k-109k (estimate)
Full Time 1 Month Ago
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Ascent Funding is Hiring a Compliance Analyst Near San Diego, CA

Ascent is a leading provider of innovative financial products and student support services that enable more students to access education and achieve academic and economic success. Everything Ascent offers is designed with the best-in-class teams and technology to increase every student's ability to plan, pay, and succeed in their education and career. Ascent's planning tools and financing resources are co-created by students for those in college, graduate school, and career training programs. Ascent offers financial wellness education, student success services, and one-on-one and digital career coaching that put students' academic and professional goals within reach. Ascent has been widely recognized for its strong culture – named “Best Places to Work” by the San Diego Business Journal for the past 5 years – and as an industry leader – named “Best Student Loan” by NerdWallet for the past 3 years. Job Description:
The Compliance Analyst will report to the VP, Compliance & Vendor Management and ensure compliance by the Company and its vendors with applicable laws, regulations, and Company policies and procedures. The role requires a working knowledge of consumer financial protection laws and regulations.
Responsibilities:
  • Review and test operational functions for adherence to applicable laws, regulations, and company policies and procedures
  • Monitor and review verbal, written and electronic communications
  • Monitor and review transactions in connection with consumer loan servicing and debt collection
  • Analyze exceptions and make recommendations to enhance internal controls and/or improve efficiencies
  • Effectively communicate testing results to management
  • Assess compliance with consumer financial laws and regulations
  • Contribute to special projects as assigned.
  • Review existing and proposed legislation and regulations, regulatory announcements, and industry periodicals to assess applicability and impact to Company
  • Create clear and accurate written reports summarizing testing findings
  • Work closely with colleagues to provide continuous improvement strategies and measurements
  • Review and draft regulatory complaint responses
  • Other duties as assigned
Education & Other Minimum Requirements:
  • High school diploma
  • Strong interpersonal skills and the ability to prioritize work when demands change
  • Impeccable attention to detail
  • Strong critical-thinking and problem-solving skills.
  • Ability to work independently with minimal supervision.
  • Effective written and verbal communication skills
  • Ability to manage projects
  • Collaborative team player
  • Working knowledge of Microsoft Office products
Bonus points if you have:
  • Post-secondary degree
  • 2 years of compliance experience in consumer lending, loan servicing, debt collection, or other consumer financial services
  • Working knowledge of loan servicing and debt collection laws and regulations preferred
Competitive pay with bonus, and comprehensive benefits package that includes, but not limited to:
  • This position pays $65,00- $80,000 annually plus bonus
  • Company Stock Options
  • 401(k) Company Match
  • Medical, dental, and vision coverage
  • Annual HSA contribution of $1,600
  • Life insurance, disability, and critical illness
  • 14 Paid Holidays! Eleven (11) Two (2) Community Days Your Birthday!
  • Snacks and drinks in the office
  • Tuition reimbursement program
  • Generous paid leave policies
  • $2,000 Vacation Incentive Plan after 3 years $1,000 Sabbatical Day
  • Wellness, Work from Home funds and more!

The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

Equal Employment Opportunity

It is the policy of the Company to provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, sensory, physical, or mental disability, marital status, veteran or military status, genetic information, or any other classification protected by applicable local, state, or federal laws. This policy applies to all aspects of employment, including, but not limited to, hiring, job assignment, compensation, promotion, benefits, training, discipline, and termination. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

Job Summary

JOB TYPE

Full Time

SALARY

$87k-109k (estimate)

POST DATE

03/12/2024

EXPIRATION DATE

04/23/2024

WEBSITE

ascent-funding.org

HEADQUARTERS

Portland, OR

SIZE

<25

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The job skills required for Compliance Analyst include Microsoft Office, Attention to Detail, Problem Solving, Financial Services, Verbal Communication, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Compliance Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compliance Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Compliance Analyst positions, which can be used as a reference in future career path planning. As a Compliance Analyst, it can be promoted into senior positions as a Compliance Specialist IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compliance Analyst. You can explore the career advancement for a Compliance Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Compliance Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Compliance Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Compliance Analyst job description and responsibilities

Compliance analysts can help ensure that your organization's products or processes meet compliance specifications.

03/13/2022: Hopkinsville, KY

They can audit members of professional organizations to determine whether they meet the standards set by the organization.

03/11/2022: Fresno, CA

Most of them contribute to security designs through acquisitions and/or system developments to deliver and maintain a compliant system.

02/10/2022: Clearwater, FL

Help companies remain compliant with regulations, thus preparing them for audits.

03/13/2022: Columbus, OH

The compliance analyst has a duty to maintain legal and regulatory compliance by researching, analyzing, and communicating regulatory requirements and obtaining the appropriate approvals.

02/27/2022: Casper, WY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Compliance Analyst jobs

Every compliance analyst has slightly different duties, tasks, and responsibilities due to varying job descriptions.

12/30/2021: Billings, MT

Smaller organizations still focus on having a single compliance specialist rather than a complete department.

01/25/2022: Santa Cruz, CA

Sometimes, the compliance analyst works along with the compliance head and other compliance officers.

01/26/2022: Denver, CO

Ability to accurately complete applications for compliance certification.

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Get Certifications and Continue Learning.

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Step 3: View the best colleges and universities for Compliance Analyst.

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