Recent Searches

You haven't searched anything yet.

4 Compliance Analyst Jobs in Sioux Falls, SD

SET JOB ALERT
Details...
Central Payments
Sioux Falls, SD | Full Time
$56k-74k (estimate)
9 Months Ago
First National Bank
Sioux Falls, SD | Full Time
$72k-91k (estimate)
1 Week Ago
First Savings_Beresford
Sioux Falls, SD | Full Time
$78k-98k (estimate)
1 Week Ago
Equity Trust
Sioux Falls, SD | Full Time
$51k-67k (estimate)
5 Months Ago
Compliance Analyst
Central Payments Sioux Falls, SD
$56k-74k (estimate)
Full Time | Banking 9 Months Ago
Save

sadSorry! This job is no longer available. Please explore similar jobs listed on the left.

Central Payments is Hiring a Compliance Analyst Near Sioux Falls, SD

POSITION: COMPLIANCE ANALYST

REPORTS TO: Compliance Operations Manager

WORK SCHEDULE: Standard business hours, Monday through Friday, with a willingness to monitor email and other systems during nonbusiness hours in case of a critical matter. Additional hours may be occasionally required in order to meet time- sensitive deliverables and deadlines.

WORK LOCATION: Dell Rapids, SD or Sioux Falls, SD

ABOUT US: Visit https://www.central-payments.com/our-story and https://www.fallsfintech.com

TRAVEL: No travel

Required Skills:

  • Familiarity with all applicable federal and state consumer protection laws, regulations, and regulatory guidance documents that impact prepaid cards and the payment industry, including but not limited to: UDAAP, Regulation E, and Regulation P.
  • Understanding of USA PATRIOT Act, anti-money laundering rules, money transmitter requirements, Prepaid Access rules, and GLBA Standards for Safeguarding Nonpublic Personal Information.
  • Exemplary written and verbal communication skills.
  • Strong organizational skills with the ability to multi-task while managing multiple tasks.
  • Excellent analytical and problem-solving skills.
  • Motivated, quick learner with a strong work ethic.
  • Proficiency with Microsoft Office applications (including Word, Excel, Access and PowerPoint).
  • Exposure to principles of compliance management and a reasonable fluency with rules, regulations, and regulatory guidance impacting payments industry.

Education/Experience:

  • At least two years of compliance experience, with very recent experience in consumer payments (preferably prepaid cards and payment products).
  • Associate’s Degree in business administration, finance, management, or related field.

*Equivalent combination of education and experience will be considered.

Key Responsibilities Include:

  • Perform audits on dispute cases to ensure proper handling in accordance with Regulation E.
  • Perform compliance audits and reviews internally and for our third-party service providers.
  • Executes the bank’s compliance monitoring program as set forth in the Central Payments Compliance Policy.
  • Tracks corrective action to be undertaken in response to compliance-related findings from internal audits, regulatory reviews, etc. Assists with developing mitigation strategies.
  • Review third-party service provider policies for compliance with Central Payments requirements and regulatory guidance.
  • Works closely with employees from across the company, including members of senior management, vendors, and business partners, to foster a team approach to managing compliance risk by constantly seeking ways to strengthen internal controls.
  • Creates reports of findings from audits and periodic assessments completed and provides feedback to Management and third-party service providers on issues and trends.
  • Responsible for escalating compliance matters to the Compliance Manager and Executive Management.
  • Performs certain regression tests on new products post-launch to ensure program is operating in compliance.
  • Assists in developing desktop procedures for regularly scheduled compliance functions.
  • Ensures conformance to Network operating rules.
  • Will assist with marketing reviews as prescribed by the Management.
  • Perform other duties as assigned.

Tips if You are Contacted to Interview:

  • We highly recommend that you take time to visit our website at central-payments.com and our LinkedIn company page. There are informational videos and links to podcasts under the “Our Story” tab that will help you understand our company, our values, and our approach to “Making Financial Experiences Better”.
  • Central Payments’ primary business is establishing consumer deposit accounts, issuing incentive and rebate cards, and transferring/remitting funds via ACH and other means. Prepaid cards make up a significant portion of our business. If you are not familiar with prepaid cards, we recommend that you purchase a Visa, MasterCard or Discover-branded, general-purpose, reloadable prepaid card (not a gift card) at any retailer, load a small amount of money, register the account/activate the card, login to the account center online, and conduct transactions. While the card you purchase will likely not be issued by Central Payments, it will still help you understand the product in general, its features, and
  • To better understand the traits we look for when interviewing candidates please visit: “Is Central Payments a Fit for Me?” and what it means to “Be Essential”.
  • Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Central Payments we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

Central Payments, LLC is an Equal Opportunity Employer

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$56k-74k (estimate)

POST DATE

06/09/2022

EXPIRATION DATE

12/28/2022

WEBSITE

central-payments.com

HEADQUARTERS

DELL RAPIDS, SD

SIZE

50 - 100

FOUNDED

2012

CEO

GRETEL FRIEDMAN

REVENUE

<$5M

Related Companies
About Central Payments

About Central Payments: Central Payments is the payments subsidiary of Central Bank of Kansas City and is headquartered in Dell Rapids, South Dakota. Central Payments provides payment technology and solutions through its Open*CP Fintech API Marketplace, one of the only true bank-as-a-service payments platforms and the technology responsible for Central Payments rise to the fastest growing prepaid card issuer since 2015.* * Source: The Nilson Report, 2015 to 2019. About Central Bank of Kansas City: CBKC is a 60 plus-year-old family-owned Bank located in the heart of Kansas City, Missouri. We ar...e one of approximately 100 financial institutions in the country certified as a Community Development Financial Institution (CDFI) and have enjoyed this designation since 1998. A CDFI takes on as its mission a focus on delivering services to a demographic that has historically not enjoyed the benefits of affordable and accessible financial products. Since inception, we have been committed to developing and offering products and services that are responsive to the unique needs of the neighborhoods we serve. Due to our steadfast commitment to value for the low- and moderate-income consumer, we have earned a national reputation for excellence in serving the LMI community. Our CRA rating of Outstanding (which we have maintained since 1995), is a reflection of our view that it is a privilege to be a CDFI and to serve the most urban and historic neighborhoods of Kansas City. Central Bank of Kansas City is a Member of the Federal Deposit Insurance Corporation. More
Show less

Show more
Show more

Central Payments
Full Time
$116k-142k (estimate)
2 Days Ago
Central Payments
Full Time
$145k-188k (estimate)
2 Weeks Ago

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.

Equity Trust
Full Time
$51k-67k (estimate)
5 Months Ago

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.

03/08/2022: Fayetteville, AR

Get Certifications and Continue Learning.

12/24/2021: Saginaw, MI

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

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
Show more