Compliance Specialist

Description:
The mandate of the Legal Department is to provide counsel to the Bank on legal matters, ensure all business decisions are appropriate from a legal perspective and archive all relevant Bank documentation.

The Compliance Specialist will, at the direction of the Compliance Officer, have primary responsibility for programs developed to both verify that the Bank's operations are compliant with regulatory and internal standards and to ensure the adequacy of the Bank's efforts to meet all Federal sentencing guidelines related to corporate activities, and will further oversee the Bank's Ombudsman function. This oversight will, through effective coordination of the Bank's regulatory and corporate compliance audit programs, guarantee compliance with federal and internal standards. The Compliance Specialist will participate in the development and scheduling of compliance audits, be responsible for maintaining effective work papers, offer workable solutions to any compliance issues that are identified as a result of an audit, prepare written reports that effectively communicate findings to Bank Management, gather responses to those recommendations, and monitor progress toward correcting any identified shortcomings. This position will co-ordinate the Bank's responses to complaints and issues raised through the Ombudsman channel to ensure that timely and appropriate responses are provided to the Bank's customers and will provide appropriate reporting for the Bank's monthly management report and quarterly meetings of the Bank's Board of Directors.

The Compliance Specialist will also participate in other compliance related activities assigned by the Compliance Officer in order to meet the Department's goals and objectives.

Qualifications:
Experience & Qualifications:
* Thorough knowledge and understanding of ING Bank, fsb products and operations.
* Thorough knowledge of applicable Federal Banking regulations.

Education and/or Certifications:
An undergraduate degree from an accredited university or commensurate work experience.

Technical skills and abilities:
* Excellent oral and written communication skills.
* Strong organizational and prioritizing skills.
* Ability to handle a variety of projects simultaneously.
* Ability to handle confidential information in a mature and professional manner.

Working Conditions:
General office conditions with some limited travel.

Salary/Benefits: Salary commensurate with experience
ING DIRECT offers one of the best benefits plans around, providing medical and dental health coverage; flexible spending accounts; 401K retirement plans; fitness programs and a great deal on our Orange Mortgage.

Job Location: Wilmington, DE

Job Number: 000698

Company Profile:
Why join the ING DIRECT team? We're on a mission to lead Americans back to saving and are looking for people who share that passion to join our team. Our successful Orange Savings Account and Orange Mortgage have set the bar for how to simplify financial products to provide a better deal for consumers. If you are an energetic individual interested in helping build a different kind of bank, we look forward to hearing from you. To learn more about the world's largest direct bank, visit ingdirect.com.