Rose International · 2 hours ago
Compliance and Risk Analyst
Irving, TX
Full-time
Hybrid
Mid, Senior Level
$50/hr - $55/hr
5+ years expRose International is a company in the Financial Services industry, seeking a Compliance and Risk Analyst. The role involves conducting compliance risk assessments and ensuring adherence to regulatory requirements related to financial transactions and risk management.
Human ResourcesInformation TechnologyOutsourcingProject ManagementStaffing Agency
Responsibilities
Ensure that Reg W / 23A-related affiliate aged invoices are reflected in the bank's cash collateral and quantitative limits calculations
Ensure that Reg W / 23A-related daily overdrafts (and quarterly reporting results) are reflected in the bank's cash collateral and quantitative limits calculations
Review weekly Affiliate Transaction Reports to identify any new affiliate/SRC activities to determine whether Transfer Pricing or Compliance review was required and, if required, obtained (as evidenced by a covering Transfer Pricing Catalog)
Determine whether there are any Regulation W-related extensions of credit indicated on the Corporate Accounting Intercompany Lending reports and ensure they were reviewed by Compliance and Transfer Pricing and are reflected in the bank's cash collateral and quantitative limits calculations, as appropriate
Ensure that Reg W / 23A-related intercompany tax settlements are reflected in the bank's cash collateral and quantitative limits calculations
Identify and document any other Reg W / 23A-related loans, derivatives, purchases of assets, or other transactions and ensure they are reflected in the bank's cash collateral and quantitative limits calculations
Confirm that remains compliant with Reg W quantitative limits -- that the aggregate of covered transactions between a bank and a single affiliate may not exceed 10% of the capital stock and surplus of the bank, and the aggregate of covered transactions between a bank and all affiliates may not exceed 20% of the capital stock and surplus of the bank
Review the collateral pledge balance periodically to confirm that the balance equals or exceeds $25m, and that the aggregate of Reg W-related activities is adequately covered
Review business unit affiliate transaction submissions through ITPP. Work with Affiliate Transactions Horizontal Compliance Lead to identify Reg W risk and review Transfer Pricing methodology, as applicable
Review and validate confirmations from Transaction Banking of overdraft activity, along with Transaction Banking's monitoring and resolution of any such activity
Review and manage Reg W (1st Line) procedures, as directed by Affiliate Transactions Horizontal Compliance Lead
Qualification
Required
5+ overall experience, 3+ years' experience with compliance or risk program and project management
Experience working in financial services is required
Experience conducting compliance risk assessments (CRAs) and cross-border data movement risk assessments
Experience with project management methodologies and managing complex global projects
Intermediate to Expert skill in Microsoft Office software applications (Word, Outlook, PowerPoint)
Strong research, writing, and presentation skills, including the ability to prepare clear and concise reports
High attention to detail and extremely organized to effectively manage multiple concurrent priorities
Strong sense of ownership to drive tasks to completion and to identify opportunities for continuous improvement
Bachelor's degree required
Preferred
CRCM certification preferred
Company
Rose International
Rose International is provider of Workforce Solutions and Information Technology Solutions .
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Eric Token
Chief Revenue Officer (CRO)
Sue Bhatia
Founder and Chairwoman
Recent News
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