Compliance Review Analyst I - Jacksonville, FL

Be a part of our success story.  Washington Mutual offers talented and motivated people the opportunity to do the best work of their lives in a dynamic and growing company. Through competitive salaries, outstanding benefits, internal advancement opportunities, and nationally recognized community involvement, you’ll have the chance to create a career you can be proud of. Your success story starts here.

 

The Compliance Review Analyst I will perform and be responsible for the following: keeping abreast of changes in state and federal banking regulations applicable to the various groups; researches, analyzes and interprets regulatory changes and proposed guidelines to determine their impact on current Company programs, products and operations; identifies and addresses the need for consequent changes in current systems, operations, activities and internal procedures.  Recalculates the Finance Charge and APR that appear on the Final Truth in Lending (FTIL).  Updates/modifies existing policies, programs, procedures, forms and other materials within designated scope of authority to effectively respond to changes in business strategies, available technology, customer needs and/or regulatory requirements.  Participates in comprehensive, compliance process and target reviews in a team environment under the direction of a Compliance Manager.  Reviews loan files to ensure compliance with all applicable local state and federal regulations.  Summarizes and documents the facts and findings on all compliance related issues reviewed including, adherence to procedures and guidelines.  Discusses specific compliance situations with compliance officers and brings problems or documentation deficiencies to their attention. Reviews findings and consults the Team Manager.  May be assigned other projects related to compliance, including pre-acquisition and/or due diligence investigations of portfolios to be acquired.  Performs related work as required.

 

All employees are accountable for compliance with all laws and regulations when performing their job duties.  Each employee is expected to be familiar with the legal and regulatory requirements affecting his or her job responsibilities.  It is the affirmative duty of each employee to carry out these responsibilities at all times in a manner that complies with all applicable legal and regulatory requirements.  Employees must participate in required training on pertinent compliance laws and regulations as required by Washington Mutual.




o  Completion of minimum of 2 years coursework in business administration, accounting, finance or economics at the college/university level or equivalent work experience.
o  2-4 years experience in compliance related assignment with a financial institution or completion of a comprehensive compliance training program with a large national or regional bank, or 1-2 years experience as an examiner with one of the federal regulatory agencies (OCC, FDIC, FRB and/or OTS).


Washington Mutual is an Equal Opportunity Employer.  Anyone needing accommodation to complete the interview process should notify the recruiter.