S&T Bank

Senior Consumer Compliance Analyst

S&T Bank$48K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business or related field.
  • 2-5 years of regulatory compliance or consulting experience in financial services.
  • Experience in banking roles like lending origination or quality control.
  • Effective verbal, written, and interpersonal communication skills.
  • Ability to interpret consumer banking laws and regulations.

Responsibilities

  • Develop and maintain knowledge of consumer protection laws and regulations.
  • Execute independent monitoring programs and suggest improvements.
  • Review advertising materials for compliance with regulations.
  • Maintain monitoring reports and identify corrective actions.
  • Assist in quantifying compliance risk in operations.
  • Develop relationships with compliance analysts and managers.
  • Conduct compliance training for business line management.

Benefits

  • Comprehensive benefits package including health insurance.
  • Retirement savings plan options.
  • Career development opportunities and continuing education support.
  • Paid time off and flexible scheduling options.
  • Collaborative work environment with strong team dynamics.
Full Job Description

Location:

800 Philadelphia Street

Indiana, Pa 15701

or:

358 North Shore Drive

Pittsburgh, Pa 15212

or:

7660 Saltsburg Rd

Pittsburgh, PA 15239

or:

210 Portage Trail Extension W

Suite 101

Cuyahoga Falls, OH 44223

or:

100 Corporate Center Drive

Suite 200

Camp Hill, Pa 17011

Hours:

Monday - Friday: 8:00AM-5:00PM

(Additional hours as necessary to meet the objectives of the department)

Function: Assists the Consumer Compliance Monitoring Coordinator in ensuring S&T Bank operates in conformity with federal and state consumer protection laws and fair lending statutes and regulations in order to protect the Bank from litigation, civil money penalties and enforcement actions and assist in maintaining a positive public image.

Duties and Responsibilities:

1. Develops and maintains knowledge and understanding of all consumer protection laws, regulations and policies that apply to S&T’s business operations.

2. Maintains or be willing to pursue the designation of Certified Regulatory Compliance Manager from the ABA.

3. Executes independent monitoring programs, as directed by the Consumer Compliance Monitoring Manager and makes suggestions for improvement to the review program and process.

4. Reviews print and electronic media advertisements and other marketing materials for products and services to assure compliance with consumer protection laws and regulations.

5. Maintains monitoring review work papers and drafts monitoring reports in accordance with Compliance Department procedures. Identifies corrective actions to be taken for any identified procedural or training weaknesses in an effort to preclude regulatory violations.

6. Assists in the identification and quantification of compliance risk considering the size, level, and complexity of S&T’s operations; financial product and service offerings; and their delivery systems.

7. Assists in developing and maintaining working relationships with Business Unit Compliance Analysts, Business Unit Managers and staff to ensure that compliance requirements are incorporated into business processes of the first line of defense and to establish an effective monitoring system to ensure that responsibilities are carried out and requirements are met.

8. Performs compliance training to assist business line management and the Training Department as directed.

9. As assigned, participates on committees and task forces involved with new product initiatives and lines of business to assist in the identification and mitigation of compliance risk.

10. As directed, assists in the development of compliance procedures for business line management.

11. Maintains a good working relationship with all S&T employees and adheres to S&T’s Cultributes. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.

12. Performs additional duties as assigned.

Education:

Four year college degree in Business or a related field from an accredited college or university. Must currently hold or be willing to pursue CRCM or related certification, such as CIPP, or CCEP. The employment candidate should have specialized education on federal laws, regulations, and policies related to consumer protection as noted in applicable federal regulatory examination manuals.  

Experience:

Requires two to five years general experience with two to five years of regulatory compliance or consulting experience in financial services or two to five years in banking in lending origination, servicing, quality control, audit, or similar. 

In addition, the candidate must possess:
•    Excellent and effective verbal, written and interpersonal communication skills,
•    The ability to effectively read and interpret consumer banking law, regulations and policy,
•    A diplomatic and professional demeanor, and
•    An understanding of internal control concepts.


Physical Demands: 40% of the day is spent operating a keypad device. The primary parts of the body involved in performing these tasks are fingers, thumbs and hands. Must be able to occasionally lift and/or move up to 20 lbs. Use of electronic equipment is required 10% and use of a mouse 20% of the business day. Specific vision requirements include close vision of 18”-20” for computer work. 90% of the business day requires sitting straight and 10% walking at a slow speed. Reasonable accommodations may be made to enable individuals with disabilities to perform essential function.

Salary Range:

$48,000.00 - $115,500.00

About S&T Bank

S&T Bank is a regional bank that provides a range of financial services to individuals and businesses in Pennsylvania, Ohio, and New York. The bank offers personal and business banking, wealth management, and insurance services. S&T Bank's mission is to help its customers achieve their financial goals by providing personalized service and innovative solutions. The bank was founded in 1902 and is headquartered in Indiana, Pennsylvania.
Learn more about S&T Bank
Size
1,160 employees
Market Cap
$1.3 billion
Industry
Net Income
$21 million
Founded
1902
5 Year Trend
+4.9%
NASDAQ

Similar Jobs

More Jobs at S&T Bank

More Finance & Insurance Jobs

Find similar Senior Consumer Compliance Analyst jobs: