Job Information
Arkansas Employer Compliance Analyst 2 in Lowell, Arkansas
This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4165472
Under minimal direction from the Compliance Manager or Compliance Supervisor, the Compliance Analyst 2 acts as a subject matter expert (SME) in the assigned divisions and/or departments within Arvest Bank. The incumbent is required to be knowledgeable with applicable regulatory requirements in the assigned area(s) and can independently recognize, develop, and implement compliance and/or complaint management related solutions. The Compliance Analyst 2 ensures the timely identification, mitigation, resolution and reporting of existing, emerging and upstream regulatory risks and issues. The incumbent assists business partners in understanding issues identified by regulatory examination, internal audit, Group Compliance review, risk assessments, self-assessments, complaint management and/or gap analysis.
- Research, conduct and complete testing and/or analysis to support findings in reviews, risk assessments, complaint management or gap analysis consulting with a manager as needed. May serve in a lead role for reviews, risks assessments, complaints or gap analysis.
- Conduct interviews with business units and determine follow-up questions on risk assessments, complaints or gap analysis.
- Draft and review responses for sections of memos on complaints, analysis and/or corrective actions.
- Participate in the change management process by analyzing and interpreting new or changing regulations or processes. Analyze the impact on the business. Identify potential gaps for escalation to the assigned manager.
- Assist in the preparation for examinations, audits or facilitate the use of outsourced testing.
- Assist in the development, editing and maintenance of compliance manuals or other reference resources or reporting.
- Act as the SME for the assigned business units regarding specific compliance topics for the organization.
- Understand and comply with bank policy, laws, regulations, and the bank\'s BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.
- Support and uphold the Arvest Mission Statement.