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Provident Bank · 7 hours ago

Compliance Specialist III

Iselin, NJ

Full-time

Hybrid

Senior Level

$79K/yr - $107K/yr

5+ years exp

Provident Bank is a highly regarded financial institution in New Jersey, dedicated to enhancing customer and employee experiences. The Compliance Specialist III role involves assisting with the implementation and monitoring of the Bank’s Compliance Management Program and supporting compliance activities while training less experienced staff members.

Financial Services

Responsibilities

Conducts assigned compliance monitoring reviews by following prescribed scope documents and performs testing to validate adherence to consumer protection regulations using basic analytical procedures

Collects documents, forms, procedures, reports and other work product to be tested during compliance monitoring reviews, collaborating with business line partners as needed

Assist in managing the Compliance Issue Tracking log, inclusive of Self-Monitoring Review results, making entries and updates as needed

Conducts follow up with business units on items as directed, including implementation and status of compliance monitoring review recommendations and/or findings, as well as internal audit and examination citations, and escalates unresolved issues

Reviews advertisements (including branch flyers, posters, notices, marketing brochures, internet, email, television, radio, statement messages, etc.) for adherence to applicable laws and regulations

Conducts regulatory research, as needed or requested

Assists with document collection for audits and regulatory examinations as requested

Acts as a resource for resolution and guidance on compliance issues

Supports compliance partners as needed, including conducting face to face trainings

Conducts and/or provides assistance on special projects as required

Performs any other related duties as required or assigned

This individual must possess knowledge in Digital an AI and be technology driven

Qualification

Regulatory complianceRegulatory audit experienceCompliance monitoring reviewsExpert in WordExcelPowerPointBanking lawsDigitalAI knowledgeCRCM certificationCommunication skillsDetail orientedOrganizational skillsProblem-solving skills

Required

5-10 years of regulatory compliance or regulatory audit experience with various consumer and commercial compliance deposit and lending regulations and related banking laws with federal and New Jersey State regulations, including but not limited to working knowledge of Expedited Funds Availability, Electronic Funds Transfer Act, Garnishment of Federal Benefits, Truth in Savings Act, Equal Credit Opportunity, Truth in Lending, Re-al Estate Settlement Procedures Act (including TILA/RESPA Integrated Disclosure Rule), Flood, SCRA, Homeowners Protection Act, and Home Mortgage Disclosure Act, NACHA, E-SIGN ACT

Bachelor's degree and/or experience equivalent

Experienced in regulatory remediation work

Direct experience in conducting compliance monitoring reviews and/or testing

Excellent oral and written communication skills. Ability to communicate and collaborate effectively and engage professionally with colleagues at all levels. Be able to speak in front of and/or train large groups of people

Detail oriented; Has strong organizational skills. Ability to be plan, multi-task, prioritize workload and accurately complete assignments with competing deadlines

Flexible and adaptable in a fast-paced changing environment

Ability to handle sensitive information and data securely

Expert capabilities in Word, Excel and Power Point

Excellent problem-solving skills and strong attention to detail

Strong ability to analyze issues, determine root causes and problem-solve