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Banking Attorney in Wilmington, DE

Citigroup Inc Jul 04,2015 Apr 15,2015 Location Wilmington DE
This job is expired...

In-House

Attorney

Finance - Banking

Litigation - Whistleblower - CFTC

Min 5 yrs required

Profile

Compliance Officer- Cards Credit Bureau Reporting The candidate will support Cards Compliance in the execution of the Cards Compliance Program for risk activities of the U.S. Credit Card franchise. Will be required to identify and assess compliance risks and develop plans, policies and guidelines that mitigate all compliance risks for the supported areas. Also provide compliance advisory support to Cards and related functions with a focus on ECOA and Regulation B, TILA and Reg. Z, FCRA and Reg. V, and UDAAP. A strong working knowledge of credit bureau reporting, E-Oscar, and fraud strategies is desired. Regularly respond to compliance and operational questions from business partners and also interact with operations, control, legal and other functions on a regular basis and provide detailed guidance with respect to firm policies and regulatory issues. Plan, direct, and execute credit card compliance program projects, including projects to support testing and analytics. Plan, direct, and execute business program enhancement projects and provide process management support. Create and manage risk assessment processes, including developing metrics and standardized dashboards for ongoing monitoring and reporting of Compliance program activities across the credit card business. Develop protocols for reviewing risk and marketing models and strategies to ensure compliance with applicable laws and regulations. Develop and drive timely execution of the annual Compliance risk assessment process. Execute non-statistical analysis related to business activities impacted by business risk activities. Maintain Subject Matter Expertise in credit, fraud, and credit bureau regulations through internal, external and on-the-job training. Ensure that monitoring activities are performed in accordance with established standards. Prepare or assist in the preparation of various compliance related reports and conduct documentation reviews. Coordinate with Cards Business Managers on the completion and maintenance of the Regulatory Control Matrix. Review and assist the business in responding to Level 1, 2, and 3 complaints/concerns. Monitor controls for adherence to regulatory requirements. Perform targeted monitoring assessments for emerging risks, complaints/concerns, third party oversight, etc. Advise on Issues Management and perform validation of regulatory corrective action plan items. Develop and maintain procedures for functions performed. Support compliance projects and other compliance initiatives as assigned.

Qualification and Experience

The candidate should have Bachelor's degree. Jurist Doctor (J.D.), CDIA certification, and/or Certified Regulatory Compliance Manager (CRCM) preferred. Should have 5+ years of experience in consumer Compliance or similar experience with a strong understanding of the Credit Card business. Must have demonstrated abilities in development and implementation of new policies, strategies, and work processes. Must have knowledge of regulatory requirements related to statistical modeling activities used in credit card acquisition and underwriting activities. Should have proven ability to understand legal and regulatory concepts and convert them into relevant, practical business requirements. Must have excellent oral and written communication including ability to express statistical ideas and concepts clearly and logically. Should have strong ability to build relationships and establish trust and credibility with business management and regulatory partners.

Additional info

ReF:-15034679

Company info