Analyst ; Third Party Products

Position: Analyst I (Third Party Products)
* Assist in the overall implementation of the Bank’s Compliance Management System (CMS) and in the development of an overall compliance testing plan for third party products with compliance impact.
* Stay abreast of federal and state regulatory changes, report such changes to management and assist in determining appropriate responses, including the development of new testing plans
* Report to the Chief Compliance Officer on any suspect violations of law, regulations or non-compliance to Company policy and take responsibility to ensure resolution
* Maintain compliance related policies and procedures to ensure continued applicability and completeness
* Demonstrate an ability to adapt to any changes in the regulatory environment
* Perform other compliance-related duties as assigned by compliance management and the Chief Compliance Officer
* Serve as an advisor to the Business Units by helping interpret regulatory requirements and advising on control/process expectations and issues resolution
* Develop and present training on compliance topics as needed
* Attend conferences and trainings to enhance compliance knowledge and skills
* Assist in preparing materials and resources for regulatory examinations, department and committee meetings.
* Participate in new product development, system initiatives, and other projects related to third party products.
* Assess needs related to consumer regulatory guidance and requirements by meeting with stakeholders and participating in project meetings, document the change and objectives and communicate to various Compliance teams
* Assist in conducting CMRAs for internal projects and determine compliance impact.
* Ensure all stakeholders within Compliance have awareness of project scope, so specific processes can be modified and updated
* Support multiple projects simultaneously, track project progress, and report milestone and potential issues with recommended resolutions
* Track and complete all project framework tasks as assigned.
* Maintain standard compliance documentation of the change activities for Compliance
* High School Diploma or GED equivalent required
* Two (2) years of experience in compliance and regulatory banking experience in a consumer credits or banking experience is preferred.
* Experience in project or change management is desired
* Applicable certification desired (CRCM, CAMS. Etc.).
* Knowledge of banking industry functions including credit, deposit, finance, marketing, operations, etc.
* Knowledge of banking laws and regulations.
* Ability to obtain and maintain industry certifications (CRCM, CAMS, Etc.).
* Strong analytical background with proven track record for structuring/solving problems, drawing conclusions and formulating recommendations.
* Ability to plan, organize and prioritize multiple simultaneous assignments real-time, as well as manage to time constraints.
* Ability to work independently and without direct or continuous supervisory support.
* Communicates effectively both orally and in writing; presents ideas in a clear, concise, understandable, and organized manner.
* Keyboard and Windows-based applications (Microsoft Office) experience is required.

- Benefits Package
-Medical, Dental, and Vision (plus much more)
At Merrick Bank, we specialize in credit programs that assist people looking to build or rebuild their credit.

Founded in 1997, Merrick Bank is FDIC insured and recognized as a top 20 credit card issuer in the U.S. In total, we proudly serve nearly 3 4 million cardholders and have extended nearly $6 billion in credit.

We also provide consumer finance options to marine, RV, powersports, horse and utility trailer dealers across the country to help customers find new opportunities to get what they need for recreation.

As a top 12 Merchant Acquirer, Merrick Bank’s merchant business provides support to over 150,000 merchants through approximately 40 independent sales organizations, with over $60B in annual card purchase volume.

We offer a wide range of High-Yield Certificates of Deposit with competitive rates and FDIC insurance up to the maximum allowed by law – as Merrick Bank is extremely well capitalized and poised for continued growth.
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