Job Information
Oriental Bank Analyst, Regulatory Compliance (Reporting & Quality) in San Juan, Puerto Rico
The Analyst, Regulatory Compliance (Reporting & Quality) is responsible for providing support in the development, maintenance, and monitoring of the Compliance Management System, focused primarily on federal and local consumer regulations for Financial Institutions in the banking business. Work closely with the Compliance Officer and Compliance Supervisor and have an active participation in the Regulatory Compliance Unit. This position will be working hybrid and is based in Oriental Center building, San Juan, PR.
MAIN DUTIES & RESPONSIBILITIES:
Maintain active knowledge of current state and federal legislation, regulations, trends, and all regulatory changes concerning Community Reinvestment, Regulation B (Equal Credit Opportunity), Regulation C (Home Mortgage Disclosure Act), and other regulations as might be required.
Plan and perform regulatory testing and monitoring of laws, regulations, policies, guidelines, and procedures in place in order to ensure compliance and report findings to management.
Reviews corrective action plans and follows-up.
Review reports correctness and accuracy by comparing the information against several databases.
Prepare report of findings for submission to management.
Coordinate and conduct meetings to discuss reports findings.
Write preliminary and final reports to management.
Utilize available tools to perform statistical analysis and produce written descriptions of data analysis methodology, data display (e.g. tables, charts), conclusions and recommendations.
Prepares analysis of data collection, validation/documentation of CRA data.
Offer support in the creation of training materials, as needed.
Assist management in the implementation and/or revision of the compliance policies and procedures.
Collaborate in special projects that primarily call for research, data analysis, writing, and/or mapping skills.
Provide assistance with internal/external CRA/Compliance reviews/examinations to ensure the company is in compliance with all regulatory requirements.
Attend meetings, conferences, and trainings relevant to duties.
Assist Manager in prompt response to above-mentioned regulations-related inquiries.
Assist Manager in preparation of periodic loan activity reporting and submissions, regulatory examinations or ad-hoc assignments as required.
Other duties may be assigned.
MINIMUM REQUIREMENTS:
Bachelor’s degree in Business Administration, Accounting, Finance or related field required. Juris Doctor preferred.
Three (3) years of experience in compliance, reporting, quality control or related, required. Banking experience preferred.
Minimum education and experience required can be substituted with the equivalent combination of education, training and experience that provides the required knowledge skills and abilities.
Knowledge of financial institution policies and procedures preferred.
Effective and clear communication skills with a broad range of employees across the organization, as well as with external counterparts.
Excellent written and verbal communication skills in English and Spanish with a demonstrated ability to write communications clearly, concisely, and effectively required.
Ability to read, analyze and interpret government regulations, trade journals and legal documents required.
Able to respond to common inquiries from regulatory agencies, and external consultants required.
Innovation and flexibility for meeting the demands of an ever-changing economic market required.
Excellent computer skills, including Microsoft Office (Word, Excel, Power Point) required.
Analytical, proactive problem solving, organized, detail oriented and able to multitask observing the defined quality standards.
#Li-Hybrid
Oriental is an Equal Opportunity Employer ( EEO Employer / Affirmative Action for Females / Disabled / Veterans )
Recruitment Privacy Statement (https://orientalbank.com/assets/pdfs/recruitment_privacy_policy_statement.pdf)
Compliance Posters
This may be the opportunity to change your life and take your career to the next level.
Oriental is a great place to work, grow and develop. Each employee is key in the company's success. Our team consists of an excellent group of people and we believe you could be one of them. We offer you the opportunity to work and be part of an organization that is dedicated to progress. We offer diverse employment opportunities that go from internships to executive positions. We recognize that our employees are the most important asset of our company, which is why we foster an environment of collaboration, based on trust and mutual respect. Our selection process promotes equal employment opportunity and does not discriminate on grounds of sex, color, age, social status, religious beliefs, veteran status or disability. Included is reference material including our recruitment privacy policy and any relevant labor laws we abide to:
Compliance_Posters / Labor Laws (https://orientalbank.com/assets/pdfs/compliance_posters.pdf)
Recruitment Privacy Policy Statement
Esta puede ser la oportunidad que cambie tu vida y lleve tu carrera profesional a otro nivel.
Oriental es un gran lugar para trabajar, crecer y desarrollarse. Cada empleado es nuestro factor clave en el éxito de la compañía. La mejor gente del mundo trabaja aquí y creemos que podrías ser uno de ellos. Oriental te ofrece la oportunidad de trabajar y ser parte de una organización que se dedica al progreso. En Oriental ofrecemos diversas oportunidades de empleo, que van desde internados hasta puestos directivos. Reconocemos que nuestros empleados son el activo más importante de nuestra compañía, es por esto que fomentamos un ambiente de colaboración, basado en la confianza, el respeto mutuo, al valorar las diferencias de cada empleado. Nuestro proceso de selección es uno que promueve la igualdad de oportunidades en el empleo y no discrimina por razón de sexo, color, edad, condición social, creencias religiosas, condición de veterano o incapacidad. A continuación material de referencia incluyendo nuestra política de privacidad y leyes laborales aplicables:
Afiches de Cumplimiento/ Leyes Laborales (https://orientalbank.com/assets/pdfs/compliance_posters.pdf)
Política de Privacidad de Reclutamiento