Senior Compliance Analyst - Raleigh, United States - First Citizens Bank

Description

Overview:
This position provides complex support for compliance efforts through analysis, reporting, and risk identification. Leads the investigation and resolution of discrepancies or suspicious activity identified in transactions, loans, or other business activities. Maintains an expert knowledge of Bank operations, systems, and regulations in order to identify risks. Recommends and implements process or system enhancements that improve internal controls. Reports on analysis results and operational performance to assist management with strategic enhancements. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards. Provides a leadership role for less experienced analysts in the work group and leads special projects.


Responsibilities:
Business Support - Provides leadership and oversight of daily workload for the work group. Serves as first resource and point of escalation for regulatory exams, audits, risk assessments, and other related projects. Identifies and recommends process improvements. May perform system testing or maintenance.
Compliance Review - Leads the research and investigation of unusual activity or flagged documentation, processes, and transactions. Ensure compliance with applicable laws, regulations, policies, and procedures. Resolves issues, clears exceptions, or escalates as appropriate.
Data Analysis - Sources, validates, and interprets data. Analyzes data for discrepancies and risks, effectively communicates analysis output. May assist with larger data management efforts.

Compliance Expertise - Maintains knowledge of laws, regulations, procedures, and policies that affect the assigned business area through ongoing research and industry involvement.

Acts as a resource to less experienced associates, providing training and expertise for complex issues.

May participate in industry events, form partnerships with other professionals, or seek additional training to remain current on evolving issues.

May update policies and procedures as appropriate.
Documentation - Compiles all relevant business, process, or user information prior to compliance reviews. Ensures the accuracy, compliance, and completeness of required documentation. Maintains and updates files for the business unit. Produces reports for management on risks, trends, exceptions, and areas of improvement.


Qualifications:
Bachelor's Degree and 4 years of experience in Analytics, Financial Compliance/Regulatory environment OR High School Diploma or GED and 8 years of experience in Analytics, Financial Compliance/Regulatory environment

License or Certification Type:
Must possess a valid driver's license. Position requires driving to other offices, Bank branches, etc. Required
#J-18808-Ljbffr