• Job Description

  Req#: JPC 9032286

  PROLIM Global Corporation (www.prolim.com) is currently Compliance Specialist III, OH, US United States for one of our Top clients.

  Job Description:

  Essential Job Function:

  Duties

  • Assist in the development and administration of the Bank's compliance program and evaluates its effectiveness which encompasses a review of internal controls and adherence to consumer laws and regulations. Perform testing at appropriated intervals for compliance with applicable laws and regulations, and adequacy of policies, procedures and controls intended to prevent and detect violations. In administering the compliance program, ensures that:
  • Bank departments are monitored at appropriate intervals for compliance with applicable laws and regulations and adequacy of internal controls designed to prevent and detect violations of laws and regulations.
  • Written reports summarizing the adherence with consumer compliance laws and regulations are comprehensive, accurate, and demonstrate strong written communication skill.
  • Written reports are reported to the Bank's Compliance Officer and affected management personnel.
  • Corrective action is implemented as appropriate.
  • Perform appropriate research to provide sound, well-reasoned compliance advice and support in the interpretation of regulations and the Bank’s policies and procedures and disseminate information on matters affecting regulatory compliance, including consultation with management and teammates on compliance-related issues.
  • Maintain knowledge of consumer compliance regulations and monitor regulatory revisions; ensure that summaries of all revisions are forwarded to Compliance Officer.
  • Assist in reviewing the Bank’s policies and procedures based on regulatory changes, internal audits, and examinations by regulatory agencies.
  • Ensure that all new Bank products are in compliance with applicable laws and regulations. Communicate with the Compliance Officer for inclusion in compliance risk assessments.
  • Assist in the development and deployment of appropriate training and oversight programs with respect to Compliance laws to all employees and the Board of Directors. Including the creation, design, development and implementation of a technology based compliance solution for bank operations.
  • Review and approve compliance and business documents prior to implementation in coordination with the Compliance Officer.
  • Participate in internal audit and regulatory examinations; ensure findings are addressed and corrected in a timely manner.
  • Develop tools and procedures to ensure adequate monitoring processes are established to ensure compliance with all applicable regulations, including regulatory revisions in coordination with the Compliance Officer.
  • Attend various project and committee meetings to provide the compliance perspective on issues discussed.
  • Ensure that Compliance Department policies and procedures are revised as necessary.

  What are the 3-4 non-negotiable requirements of this position?

  • The candidate needs credit card consumer compliance experience.
  • The candidate needs to have regulatory compliance experience.
  • Be familiar with banking regulations.

  What are the nice-to-have skills?

  • Interpret new and existing state and federal laws and banking regulations (e.g. CCARDA, BSA/AML, TILA, FCRA, ECOA, etc.) and maintains full knowledge of consumer compliance regulation and audit techniques.
  • Ensure compliance with Bank policies and procedures.
  • The Compliance Specialist is required to be fully knowledgeable with applicable consumer compliance laws and regulations, and to provide sound, well-reasoned regulatory compliance advice and support.

  Apply online for immediate consideration, please send your updated resume, and contact info via email to Raghavendra.t@prolim.com

  About PROLIM Corporation

  PROLIM is a leading provider of end-to-end IT, PLM and Engineering Services and Solutions for Global 1000 companies. They understand business as much as technology, and help their customers improve their profitability and efficiency by providing high value technology consulting, staffing, and project management outsourcing services.

  Their IT and PLM consulting offerings include Advisory, PLM Software/Services, Program Management, Solution Architecture Training/Staffing, Cloud Solutions, Servers/Networking, Infrastructure, ERP Practices and QA Services. Engineering services include Data Translation, CAD/CAM/CAE, Process & Product Engineering, Prototyping, and Testing/Validation within a wide range of markets and industries.

• About the company

  PROLIM is a global company focused on product innovation by leveraging IT and PLM Technologies. PROLIM has more than a decade of PLM Service history – serving Automotive, Aerospace, High Tech and Industrial Machinery companies throughout the world.

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