Date: Mar 5, 2025 Location: San Juan, PR Company: Popular Workplace Type: Hybrid Compliance Officer/Regulatory Risk Assessment General Description Responsible for working with business partners to conduct enterprise-wide regulatory risk assessments. Assessments are conducted in accordance with a standardized framework and methodology, the purpose of which is to understand the level of inherent compliance risk exposure associated with Popular’s business segments, assess controls, and ensure residual risk remains within tolerance. This position will execute Risk Assessments process and suite of tools used to measure Regulatory Compliance, Financial Compliance, UDAAP and Fair Lending risk. Responsible for working with business partners to conduct enterprise-wide regulatory risk assessments. Assessments are conducted in accordance with a standardized framework and methodology, the purpose of which is to understand the level of inherent compliance risk exposure associated with Popular’s business segments, assess controls, and ensure residual risk remains within tolerance. This position will execute Risk Assessments process and suite of tools used to measure Regulatory Compliance, Financial Compliance, UDAAP and Fair Lending risk. Essential Duties and Responsibilities + Prepares and executes enterprise-wide regulatory risk assesments to assure ongoing compliance with Consumer Federal and Local regulations + Ability to understand and interpret various laws, regulations, and policies. + Research regulatory law, recent or proposed changes, guidance, and interpretations as part of the planning process of the assessment. + Develop walkthrough questionnaires for assessed lines of business to ascertain compliance with regulatory requirements and determine the effectiveness of internal control processes. + Responsible for conducting information gathering sessions with Business Unit personnel (including management and support staff), performing substantive on-site assessment of risk and controls, summarizing results, preparing written final reports to be presented to management, and documenting all issues raised during the assessments. + Demonstrates an understanding of business processes, control frameworks, and related regulatory and compliance standards. + Analyzes data from multiple sources and systematically documenting the work and results. + Follows assessment schedules to ensure all assessments are completed within established timeframes and documented within systems of record. + Assess the inherent and residual compliance risks and controls though the established risk and control framework. Analyze and document work results. Work with the business lines to source data required to support RRA inherent risk metrics. + Identify and confirm potential compliance issues + Develop, socialize, and present the risk assessment framework and methodology results to compliance counterparts and business lines. Suggest risk mitigation strategies to business areas and other control functions. + Update as needed policies and procedures related to the risk assessment process. + Ensure results of the risk assessment are tracked until remediated in accordance with corporate compliance standards. + Own, develop and enhance the Risk Assessment Methodology and suite of tools, as needed. + Provide updates on the risk assessment process as needed. + Establish and maintain strong relationships with other Compliance Units and Business Areas. Engage with subject matter experts as needed. Support the Compliance Program Office in Internal Audits, exams, and reporting as needed. Education Bachelor’s degree from an accredited university or college in Business Administration or related field. Juris Doctor preferred. Experience At least three to five years’ related experience in Risk Management, Compliance, or Internal Audit. Knowledge, Skills and Abilities (KSA's) + Must be fluent in Spanish and English Values Passion for People Succeed Together Own Every Moment Build the Future Important:The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary. ABOUT US Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America. As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds. We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events. If you have a disability or need more information about requesting an accommodation, please contact us atasesorialaboral@popular.com.This email inbox is monitored for such types of requestsonly. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response. Are you ready for a rewarding career? Popular is an Equal Opportunity Employer Learn more about us at www.popular.com and keep updated with our latest job postings atwww.jobs.popular.com. Connect with us! LinkedIn (http://www.linkedin.com/company/banco-popular-de-puerto-rico) | Facebook (http://www.facebook.com/popular/) | Twitter (http://twitter.com/popular?lang=es) | Instagram (http://www.instagram.com/popular.pr?igshid=ykmhge270ti5communitybank/) If you are a California resident, pleaseclick hereto learn more about your privacy rights.