Deposits Regulatory Operations Specialist (Bank, Reg E, Reg CC, Reg DD)

Job title:

Deposits Regulatory Operations Specialist (Bank, Reg E, Reg CC, Reg DD)

Company

Teamrecruiter.com

Job description

Our banking client is looking for a Deposits Regulatory Operations Specialist (Bank, Reg E, Reg CC, Reg DD)
Length: 12 months contract with the possibility of extension and conversion to full time employment
Location: Toronto, ON (Hybrid) – twice a week, Mondays and Tuesdays
Working Hours: 9 am to 5 pm“The start date of this job is flexible and in order to find the best candidate the job may remain open much longer than the date mentioned on this posting… or you may be asked to start sooner than the expected start date if you are able to do so !”Please read the job description below. If this interests you, please send a MS-Word version copy of your resume (ASAP) along with a telephone contact number: E-mail to [email protected]Please mention the job title above in the subject line
The recruiter in charge of this role is SanAfter you have submitted your resume via e-mail please complete the application for this specific job by clicking “Submit Your Resume for this Job” at the bottom of this page to match your resume to the job.If you are interested in further opportunities, why not also do a general registration in our database. By visiting our website and clicking on “Database Registration”If you do not think you are a match for this opportunity, but know someone who is, feel free to forward this email to them and you will be eligible for a referral bonus upon a successful hire.Requirements:
ROLE MANDATE:
The primary purpose of this job is to provide regulatory and compliance analysis and support to the Business Unit Compliance Officers for Lending and Deposit Operations. The person in this position will work with the Product Operations Business Unit Compliance Team to assist in enhancing the Operating areas’ compliance programs while keeping the businesses abreast of all legislative and regulatory updates and changes. This position will entail identifying, analyzing and assessing various rules and regulations for applicability to the Operating area, assisting with conducting Risk Assessments of regulations, conducting monitoring and testing activities to validate controls, managing compliance issues, and other compliance and administrative activities as assigned.ROLE RESPONSIBILITIES INCLUDE (but are not limited to):
Assess the impact of Federal and/or State rules and regulations governing lending and deposits to each Operating Area
Review processes and procedures of the Operating Areas, to assess the sufficiency of controls for current regulatory requirements
Assist in completion of Regulatory Compliance Risk Assessments
Assist with drafting of processes internal to the Business Unit Compliance Team
Identify opportunities to implement compliance related processes and controls
Assist in developing controls monitoring and testing plans, and assist in execution of monitoring and testing plans
Assist in developing a regulatory control inventory
Prepare and provide summary reporting on progress of regulatory review assessment, Risk Assessment execution, and Monitoring and Testing execution to Business Unit Compliance Officers
Assisting in reviewing Quality assurance programs completed taskQualifications:
MUST HAVE SKILLS:
Ability to read and understand technical compliance material
2+ years experience in Deposit Compliance
2+ years Banking Compliance experience
Ability to work with deadlines and prioritize tasks
Ability to work independently, with little direction
Strong oral and written communication
Strong analytical skills
Understanding of project management and some project management skills; including the ability to coordinate the efforts of people and resources not under their direct control
Strong computer skills; Must be strong in Microsoft Outlook, Excel (strong), and Word
MUST have a regulatory background and be able to read, analyze, and provide insight on various Federal regulations
Must have experience in lending and deposit operations within a banking organization
Must have understanding on how regulations affect the banks’ operations
Must have experience with Deposits Regulatory. Example: Reg E, Reg CC, Reg DD, NACHA, or Remote DepositNICE TO HAVE SKILLS:
Risk Management experience desired
PowerPoint skills are a plus
Advanced degree desirableINTERVIEW PROCESS:
2 rounds (Virtual)Please note that this is the most up to date version of job description available at this time – During Client Interview you will receive additional information – variance may apply!When you have some time please register in our database (5 minutes process) to be considered for future openings; the link is available on our website at http://www.teamrecruiter.com in the Candidate section. Please follow us on LinkedIn at https://www.linkedin.com/company/teamrecruiter.com/, or on Twitter at https://twitter.com/TeamRecruiter.We thank all applicants for their interest. Only those who meet the qualifications will be contacted through telephone/email. You are encouraged to register with us in our database to be considered for future positions available.Have a great day.At Teamrecruiter.com we offer some of the most highly qualified professionals in the workforce. We dedicate an industry trained recruitment specialist to the following areas: IT, Finance, Admin, Sales, Executive Search and Contractors. If you would like to learn more about our full-service recruiting firm please visit our website at www.teamrecruiter.com.CAMSC and ACSESS certified“…All Offers are conditional on Client Post-Offer Conditions being met and removed by end client prior to written offer signing”“Please note that emails from our Recruitment Firm may inadvertently be sent to your Spam Folder. When contacted regarding an employment opportunity, please keep an eye on your Spam/Junk Folder to avoid missing important communication.”THE EMPLOYER OF RECORD FOR THIS ROLE WILL BE TEAM RECRUITER / SE.Accommodations are available upon request for all individuals with disabilities taking part in the recruitment and selection process.

Expected salary

Location

Toronto, ON

Job date

Sat, 01 Mar 2025 01:32:47 GMT

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