Sr. Compliance Risk Analyst I/II- Consumer Compliance

The Sr. Compliance Risk Analyst is responsible for conducting, monitoring, and compliance testing utilizing a risk-based approach in line with department standards to ensure the Bank’s compliance with applicable laws, rules, and regulations. It is a more experienced compliance position that combines knowledge of and experience with compliance regulations to forecast regulatory standing through performance measurement. The position is responsible for identifying potential areas of concern to improve Trustmark’s internal controls and reduce risk exposure.

This position may be filled as a Level I or II.  Additional responsibilities and qualifications apply.

• Performs regulatory compliance reviews to determine if the line-of-business units or functional areas are in compliance with consumer regulations. Creates accurate, logical work papers that clearly describe the work performed, the results of testing, and analysis.
• Analyzes existing policies, procedures, workflows, and first line of defense monitoring.
• Identifies gaps and recommends new and/or revised policies and procedures, and monitoring methods.
• Develops recommendations for corrective action based on review findings. Partners with the business unit to refine recommendations.
• Determines adequacy of process group controls based on results of control exam for input to the consumer compliance risk assessment.
• Plans and executes follow-up work in a timely manner to ensure adequate remediation of gaps.
• Proactively researches and summarizes new and existing consumer regulations or examination manuals for application to company policies and procedures using existing resources, tools, subscriptions and training course.
• Provides progress updates periodically for committee reporting. Tracks issues through to closure, including corrective action.
• Cross-train, lead and develop a team of associates to promote maximum productivity, engagement, succession planning and overall contribution to the strategic organization goals.

Level II Additional Responsibilities:

• Serve as an In-Charge Analyst by enhancing and reviewing workpapers for accuracy prior to preparing a formal report to management. Mentor analysts.

• Bachelor’s Degree or equivalent combination of education, training, or work experience
• 5+ years of experience in a compliance testing and monitoring role with thorough knowledge of consumer regulations (ECOA, TILA, TISA, EFTA, Reg Z, etc.).
• Prior compliance, audit, risk management, or analytical experience in a midsize bank or larger
• Ability to exercise sound judgment and work independently while balancing multiple priorities
• Advanced attention to detail, accuracy, and adherence to deadlines
• Excellent verbal, written, and interpersonal communication skills
• Superior organizational and planning skills
• Advanced research, critical thinking, and analytical skills to identify root causes of deficiencies and to summarize and apply complex regulatory requirements to current processes
• Advanced decision making and problem-solving skills
• Advanced time management skills

Level II Additional Qualifications:

• 6+ years of experience in a compliance testing and monitoring role with thorough knowledge of consumer regulations (ECOA, TILA, TISA, EFTA, Reg Z, etc.).
• Extensive banking experience is required
• CRCM designation preferred
• Advanced knowledge of federal and state banking laws and regulations, for consumer lending, commercial lending, and deposits preferred

Physical Requirements/Working Conditions:  Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens. 

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.