Compliance Officer

Credit One Bank - Las Vegas, NV

Full-time - Senior

Las Vegas, NV

Credit Intermediation and Related Activities

About the position

The Compliance Officer at Credit One Bank is responsible for implementing and maintaining the Bank's Compliance Program to ensure adherence to consumer laws and regulations. This role involves providing consultative services across departments, reviewing marketing materials and compliance policies, conducting compliance audits, and preparing reports for the Board. The Compliance Officer plays a critical role in identifying compliance issues and ensuring corrective actions are taken.

Responsibilities

• Assist in the implementation of the Bank's Compliance Program.
• Maintain knowledge of laws, regulations, and regulatory guidance related to the Bank's activities and products.
• Provide consultative services to all departments regarding consumer compliance matters.
• Review marketing materials and customer disclosure documents prior to implementation.
• Develop cardholder agreement language and disclosure language for various communication channels.
• Review and revise Compliance policies and guidelines as needed based on new regulations or products.
• Conduct annual reviews of assigned Compliance policies and procedures.
• Prepare quarterly Board reports covering Compliance Department activities.
• Coordinate OCC regulatory compliance exams and external compliance audits.
• Provide guidance on developing action plans to resolve compliance exceptions noted.
• Analyze complaint reports from the OCC to identify compliance trends.
• Conduct monitoring reviews and provide written reports of findings and recommendations.
• Conduct testing of system functionality to ensure regulatory requirements are met.
• Review new or revised training courses for applicability to Bank employees and make recommendations.
• Respond to confidential information requests from governmental agencies.

Requirements

• Bachelor's degree or equivalent banking experience.
• Minimum of five years of compliance, audit, or regulatory examiner experience or equivalent banking experience with an emphasis on regulatory compliance.
• Knowledge of consumer protection laws and regulations.
• Leadership and project management skills.
• Strong interpersonal skills.
• Strong written and verbal communication skills.
• Strong analytical skills.

Nice-to-haves

• Knowledge of consumer and commercial credit card lending, insurance products, and deposits.

Benefits

• Diversity and inclusion commitment
• Reasonable accommodations for applicants and employees