Find Jobs
Find Jobs Near You – Available Work in Your Location
Risk and Compliance Program Analyst
Career Insights for Compliance Officer / Analyst
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on New Jersey data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Compliance Officer or Analyst monitors internal compliance with company policies and also company compliance with local, state and federal laws. Reviews company documents, including contracts and marketing materials; communicates with employees and develops training and internal policy materials.
$83,679 / year median in New Jersey
-3% projected decline
Job Description
Responsibilities include but are not limited to: Manage both strategic and ad hoc projects across Risk and Compliance, ensuring initiatives are integrated into business processes and data is leveraged to identify trends and areas for improvement. Collaborate effectively with a wide range of stakeholders to achieve business objectives and develop new or enhanced reporting, metrics and KPIs. Develop content for various organizational presentations and contribute to the development and delivery of training programs to increase awareness of Risk and Compliance policies and regulatory requirements at bank. Maintain detailed documentation of regulatory issues, update the issues management tracking system with status updates and supporting documentation; ensuring materials are stored and shared in accordance with confidential supervisory information (CSI) requirements.
Organize Risk and Compliance Committee meetings, ensuring effective communication among team members. Compile meeting minutes and outcomes, track and follow-up on action items or deliverables and report on progress. Stay up to date and perform regulatory environmental research and analysis on relevant changes in the industry and impacts to Valley as well as internal policy changes for executive management updates and reporting.
Required Skills:
Knowledge of applicable Banking Regulations and Banking Operations.
Strong critical thinking, analytical, organizational, and research skills. Ability to organize large data sets using Excel, PowerBI or other data analysis tooling.
Enhanced computer and technology skills in Microsoft applications (Powerpoint, Excel, SharePoint)
Strong interpersonal skills, communication skills and presentation skills.
Self-starter with ability to work independently and as a productive team member. Proactively identifies areas of improvement and drive projects and progress to execute improvements. Positive, motivated, goal oriented, and capable of calmly addressing emergency and crisis situations. Ability to prioritize tasks and handle multiple tasks simultaneously.
Required Experience:
Bachelor's Degree in Business or related area with a minimum of 1 year of banking or compliance experience or completion of Valley internship in Risk, Compliance or related Area.
Preferred Experience:
Professional Certification(s) -- Banking, Fraud, Financial Crimes, and/or Money Laundering.