Compliance Analyst, Advisory

Our compliance team is actively adding positions and growing to align with the growth that the bank continues to see year over year. 

The Advisory Compliance Analyst is responsible for performing compliance advisory duties as assigned in support of the Bank’s Compliance Management Program to meet the ongoing objectives of Stride Bank and to ensure all banking rules, regulations, and statutory requirements are met.

PRINCIPLE DUTIES AND RESPONSIBILITIES

1. Maintains effective working knowledge of applicable federal and state laws, regulations, and regulatory guidance.
2. Supports the development and maintenance of accurate compliance monitoring to assess the risk environment.
3. Provides clear guidance to Bank personnel on becoming and remaining compliant.
4. Assists with the development and enhancement of oversight reporting to help ensure the success of Bank programs.
5. Assists with the development and implementation of new Bank products and services, ensuring compliance considerations are incorporated from the outset and throughout the lifecycle.
6. Works with senior compliance officers to scope compliance monitoring activities to align with the Bank’s Compliance Risk Assessment and corporate risk appetite.
7. Works with senior compliance officers to assess changes to business processes, products, and technology to determine impact to the regulatory risk profile and the effectiveness of the control environment.
8. Partners with senior compliance officers and process/data owners to validate data content.
9. Assists with the preparation of content for meeting with business partners throughout the compliance program lifecycle. Responsible for preparing clear guidance based on identified risks and effectiveness of the control environment provided to the Bank.
10. Provides feedback to help the Bank maintain up-to-date compliance Policies, Program Standards, procedures, guidelines, training documents and other associated forms/documents.
11. Works with senior compliance officers to develop recommendations for updates to processes and systems minimizing compliance risk, improve performance and productivity, and ensure that specific areas of the bank comply with all relevant laws, regulations, and standards.
12. Assists with monitoring and investigating compliance-related issues, incidents, and complaints; performs accurate root cause analysis; collaborates with cross-functional stakeholders to address issues efficiently and effectively.
13. Executes assigned monitoring activities; creates documentation to evidence execution and risk mitigation.
14. Partners with senior compliance officers to create responses to internal and external compliance inquires, conducting research and assisting with assessments as necessary.
15. Maintains professional and technical knowledge by researching regulatory changes, reading professional publications, attending educational workshops, establishing personal networks, benchmarking state-of-the-art practices, and participating in professional societies.
16. Assists with document collection and review needed for any third party (OCC, VISA, etc.) audit requests pertaining to compliance.
17. Assesses effectiveness of the implementation and execution of compliance controls.
18. Supports special projects and initiatives.
19. Performs other duties as assigned.

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree, or equivalent work experience, required.
• 2-3 years’ experience in banking industry, preferred.

KNOWLEDGE, SKILLS, AND ABILITIES

• Ability to work in a fast paced and rapidly evolving market.
• Strong analytical and conceptual thinking skills, with the ability to solve problems and make decisions using data.
• Knowledge of existing and emerging bank regulations.
• Knowledge of audit processes and compliance with required reporting.
• Ability to analyze compliance procedures and standards.