Overview
Senior Compliance Specialist
Cleveland, Ohio (hybrid- 3 days in the office/ two days remote)
Do you possess expertise in credit card consumer compliance? Our client in Greater Cleveland is seeking a seasoned Senior Compliance Specialist to join their team, with a commitment to working on-site three days a week and remotely for the remaining two days. The ideal candidate should bring a strong background in regulatory compliance.
Our client, a Fortune 500 company specializing in the manufacturing and distribution of goods and services, is experiencing substantial growth. As a testament to their commitment to employee satisfaction, they have been recognized as one of the best places to work in 2023, offering outstanding benefits and competitive salaries.
This position is for direct-hire, and our client requires a candidate who does not require sponsorship now or in the future. Please be advised that resumes submitted by third-party recruiters (bench recruiters) will not be considered.
Job description of the Senior Compliance Specialist:
Contribute to the development and administration of the company’s bank compliance program, conducting reviews to ensure adherence to consumer laws and regulations. Perform regular testing for compliance and internal control effectiveness.
- The Senior Compliance Specialist will ensure:
- Departments are monitored for compliance with laws and internal controls.
- Prepare comprehensive written reports for the Compliance Officer and management.
- Implement corrective actions when needed.
- Provide sound compliance advice, staying updated on regulations and disseminating information. Review and update policies based on changes, internal audits, and regulatory examinations.
- Ensure new Bank products comply with regulations and contribute to compliance risk assessments. Develop and implement training programs and a technology-based compliance solution.
- Review and approve compliance documents, participate in audits, and address findings promptly. Develop tools for monitoring compliance and attend meetings to provide the compliance perspective.
- Keep Compliance Department policies updated as necessary.
Requirements and Preferences to be selected as the Senior Compliance Specialist
- Two or more years of credit card consumer compliance experience, along with a background in regulatory compliance and banking regulations.
- Bachelor’s degree from a 4-year institution.
- Proficient in interpreting new and existing state and federal laws and banking regulations (e.g., CCARDA, BSA/AML, TILA, FCRA, ECOA, etc.) with a comprehensive understanding of consumer compliance regulations and audit techniques.
- Demonstrated ability to ensure compliance with bank policies and procedures.
- Thorough knowledge of applicable consumer compliance laws and regulations, with the capacity to provide sound and well-reasoned regulatory compliance advice and support.
- Availability to work in the Greater Cleveland office three days a week.
Would you like to know more about this role? For immediate consideration, please send your resume directly to D.A. Longhi at dlonghi@arcgonline.com , or call him at 904)289-8828, you can also apply online and view all our open positions at www.arcgonline.com .
ARC Group is a Forbes-ranked top 20 recruiting and executive search firm working with clients nationwide to recruit the highest quality technical resources. We have achieved this by understanding both our candidates’ and client’s needs and goals and serving both with integrity and a shared desire to succeed.
ARC Group is proud to be an equal-opportunity workplace dedicated to pursuing and hiring a diverse workforce.
We are a no-fee agency for candidates.
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