This position supports the Bank’s Fair and Responsible Banking (“FRB”) Program. The Senior Compliance Risk Analyst will support the Unfair, Deceptive or Abusive Acts or Practices (UDAAP and UDAP) program through providing assistance in maintaining Trustmark’s Satisfactory or better regulatory ratings that applies to the FRB Program which includes compliance with Fair and Responsible banking laws including the Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), Unfair, Deceptive or Abusive Acts or Practices (UDAAP), and Americans with Disabilities Act (ADA) regulations by aiding in identifying and mitigating potential fair and responsible banking risks. The position will be responsible for conducting UDAAP compliance risk testing activities, advertising and marketing reviews, complaint management, and vendor management reviews throughout the Bank for risks related to Consumer Banking/Lending activities to identify potential areas of concern to improve Trustmark’s internal controls and reduce risk exposure.
Responsibilities Monitor the Bank’s compliance with UDAAP laws and Sale Practices by conducting compliance testing and data analytics to analyze lending and non-lending activities to identify risks. Review marketing materials and other external-facing communication for potential UDAAP and Fair Lending issues. Monitor complaints and analyze complaint data for trends to assess potential UDAAP risk. Assist in the UDAAP risk assessments, including evaluation of inherent risk as well as the sufficiency of business unit controls to detect and prevent UDAAP risk.As a subject matter expert, provide guidance to business units on UDAAP regulations by keeping abreast of developing trends and changes in regulations relating to UDAAP, including: TILA, TISA, ECOA, FDCPA, FCRA, FHA, HMDA, ECOA, CRA and other regulations as applicable.Ensure compliance with applicable federal, state, and local laws and regulations. Complete all required training. Maintain knowledge of and adhere to Trustmark’s internal compliance policies and procedures. Take responsibility to stay abreast of changing regulations and policies. Assist in delivering periodic reporting to applicable committees and working groups, and the development of enhanced reporting.Assist in updating the UDAAP training and determining the bank’s annual UDAAP training needs.Assist in the development of the Enterprise ADA program, policy, and training. As well as acting as liaison to the first line of defense and the development of second line of defense control monitoring. Supports the Fair and Responsible Banking Department as needed.Perform additional duties as assigned. Qualifications Bachelor’s degree in Law, Economics, Finance, Public Administration or Business-Related Field, or a combination of education and experience. 5 years of experience in financial institution, auditing firm, or consulting firm in a compliance, audit, risk management, or analytical role, preferably in a banking institutionExcellent verbal and written communications skills, and ability to interface with senior managementProficient in time management, planning, and prioritizationAbility to work in fast-paced, changing environment and meet deadlines with strict timeframesHighly motivated with the ability to be proactive, take initiative, carefully monitor, follow through, and complete projects/responsibilities in a professional and timely fashionIntermediate knowledge of fair and responsible lending/banking and ability to apply these principlesThorough knowledge of banking operationsExcellent verbal and written communications skills, and ability to interface with senior managementHiighly proficient in time management, planning, and prioritizationAbility to work in fast-paced, changing environment and meet deadlines with strict timeframesAbility to work on and track multiple tasks and prioritiesHighly motivated with the ability to be proactive, take initiative, carefully monitor, follow through, and complete projects/responsibilities in a professional and timely fashionStrong interpersonal and communication skills, including the ability to interact freely and comfortable with staff and management at all levelsAbility to exercise sound judgment and work independentlyKnowledge of consumer protection laws and regulations impacting financial institutions with demonstrated proficiency in applying these principlesAbility to manage and provide compliance related oversight to multiple business linesStrong knowledge of Microsoft applications, primarily Excel, Teams, PowerPoint, Outlook, Access, SharePoint, Word and other database analysis and reporting toolsDemonstrated skills in critical thinking, attention to detail, interpersonal, problem solving, and analytical skillsUDAAP, ADA, Advertising/Marketing, and Compliant Management compliance experience preferredStrong project management skills are a preferably a plusProcess development experience preferredMaster's in Law, Economics, Finance, Public Administration, Or Business-Related Field preferredCertified Regulatory Compliance Manager (CRCM) and/or professional certifications preferred but not required Options Apply for this job onlineApplyShareRefer this job to a friendRefer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Trustmark is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran or disability status, and any other status protected by law. Upon request, reasonable accommodations will be made for all qualified individuals with disabilities. If you need accommodation for any part of the application process because of a medical condition or disability please send an email to careers@trustmark.com or call 866-213-1418 to let us know the nature of your request.Equal Opportunity Employer/Females/Minorities/Individuals with Disabilities/Protected Veterans Application FAQs
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