Information Services Client is seeking a Regulatory Compliance Consultant for a 5 month remote contract!
5 months
$73-80/hr W2
Role Summary:
The Regulatory Compliance Consultant will assist financial institutions in meeting their legal and regulatory obligations. This includes compliance with federal financial consumer protection laws, BSA/AML, and OFAC requirements. The role involves a blend of advisory and consulting tasks, including examination preparation, policy development, risk assessments, and compliance reviews.
Key Responsibilities:
Client Engagements: Plan, coordinate, and fulfill client engagements, working independently or collaboratively to identify weaknesses, improve processes, and communicate findings.
Consulting Services: Provide advisory services including examination preparation, remediation of issues, compliance policy development, CMS assessments, fair lending reviews, and BSA/AML independent reviews.
Transactional Testing: Perform testing to support CMS reviews and other compliance activities.
Adaptability: Adjust to changing priorities and maintain attention to detail.
Solution Implementation: Understand client environments and recommend and implement solutions.
Reporting: Assist in generating formal reports and other deliverables.
Minimum Qualifications:
Education: Bachelor's degree in Business, Finance, Economics, or a related field.
Experience: Minimum of five years in a compliance role at a financial institution, regulatory agency, or as a compliance consultant.
Preferred Qualifications:
Industry Experience: Experience with consumer compliance, BSA/AML, OFAC, fair lending, and CRA.
Regulatory Knowledge: Ability to monitor and interpret regulatory changes.
Consulting Experience: Experience in delivering consulting services or conducting bank examinations.
Skills and Abilities:
Communication: Strong written and verbal presentation, reporting, and meeting facilitation skills.
Analytical Skills: Proficient in analyzing information, troubleshooting, and problem-solving.
Independence and Teamwork: Ability to work both independently and collaboratively on multiple projects.
Confidentiality: Understanding of legal ethics and confidentiality.
Customer Service: Strong skills in managing client relationships and understanding client needs.
Time Management: Effective time management, prioritization, and deadline adherence.
Documentation: Ability to document processes clearly.
Technical Proficiency: Expert in Microsoft Office tools (Excel, Word, PowerPoint).
Desired Certifications:
Certified Regulatory Compliance Manager (CRCM)
Certified Anti-Money Laundering Specialist (CAMS)
Additional Experience:
Examination Experience: Prior experience with regulatory bodies like the OCC, FDIC, Federal Reserve, or CFPB is desirable.
This role demands a blend of technical expertise, regulatory knowledge, and strong consulting skills to navigate the complex compliance landscape effectively.
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, inclu
