Consumer Compliance Analyst at S&T Bank in Indiana, Pennsylvania

Job Description:

Work Days and Expected Hours:

Monday-Friday: 8:00 AM to 5:00 PM

(Additional hours as necessary to meet the objectives of the department).

Function:  Assists the Consumer Compliance Monitoring Manager in ensuring S&T Bank operates in conformity with federal and state consumer protection laws and fair lending statutes and regulations in order to protect the Bank from litigation, civil money penalties and enforcement actions and assist in maintaining a positive public image. 

Duties and Responsibilities:

• Develops and maintains knowledge and understanding of all federal and state consumer protection laws, regulations and policies that apply to S&T’s business operations.


• Obtains and maintains the Certified Regulatory Compliance Manager designation from the ABA.


• Executes independent monitoring programs as directed by the Consumer Compliance Monitoring Manager and makes suggestions for improvement to the review program and process.


• As assigned, reviews print and electronic media advertisements and other marketing materials for products and services to assure compliance with consumer protection laws and regulations.


• Maintains monitoring review work papers and drafts monitoring reports in accordance with Compliance Department procedures. Identifies corrective actions to be taken for any identified procedural or training weaknesses in an effort to preclude regulatory violations.


• Assists in the identification and quantification of compliance risk considering the size, level, and complexity of the S&T’s operations; financial product and service offerings; and their delivery systems.


• Assists in developing and maintaining working relationships with Business Unit Compliance Analysts, Business Unit Managers and staff to ensure that compliance requirements are incorporated into business processes of the first line of defense and to establish an effective monitoring system to ensure that responsibilities are carried out and requirements are met.


• Demonstrates a strong ability to work independently and as a team player; exhibits excellent interpersonal skills, in order to contribute to the success of the department and in turn, the organization.


• Maintains a good working relationship with all S&T employees and adheres to S&T’s Cultributes. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.


• Performs additional duties as assigned.

Physical Demands

40% of the day is spent operating a keypad device.  The primary parts of the body involved in performing these tasks are fingers, thumbs and hands. Must be able to occasionally lift and/or move up to 20 lbs.  Use of electronic equipment is required 10% and use of a mouse 20% of the business day.  Specific vision requirements include close vision of 18”-20” for computer work.  90% of the business day requires sitting straight and 10% walking at a slow speed. Reasonable accommodations may be made to enable individuals with disabilities to perform essential function.

Experience

Required

• 2 - 5 years: Requires two to five years general business experience with two to five years of specialized experience in the banking industry or bank consulting industry involving: An ability to conduct work in accordance with consumer banking laws and regulations and responsibility for implementing and maintaining controls for a broad range of consumer compliance regulations; or Analyzing/testing consumer compliance regulations. The ability to effectively interpret consumer banking laws and regulations.

Education

Required

• Bachelors or better in Academic/General or related field

Skills

Preferred

• Excellent written communication


• Excellent verbal communication


• Ability to work independently

Behaviors

Preferred

• Team Player: Works well as a member of a group


• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well


• Dedicated: Devoted to a task or purpose with loyalty or integrity

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

See job description

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