Compliance Analyst

contfinco; Wilmington (DE); Hybrid; USD 55,000 - 85,000; Full time

Job summary

Continental Finance Company is seeking a Compliance Analyst to support the CMS program and ensure adherence to federal, state, and local regulations. You will assist with audits, monitoring, and testing, preparing deliverables and recommendations for process improvements.

The ideal candidate brings 0-2 years of consumer lending compliance experience, strong communication skills, and the ability to multi-task in a fast-paced fintech environment.

Qualifications

• Minimum 0-2 years of relevant consumer lending analytical compliance experience.
• Experience with performing compliance risk assessments, audits, and/or monitoring and testing, preferred.
• Bachelor’s degree required.
• Degree in auditing, financial accounting, or financial management or related field.
• Strong verbal and written communication skills for interacting with stakeholders at all levels.
• Analytical thinker with strong conceptual and problem-solving skills.
• Meticulous attention to detail with the ability to manage multiple audits or tasks simultaneously.
• Ability to multi-task in a fast-paced environment with fintech/regulator/bank consumer finance exposure.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Provide comprehensive support to all aspects of the CMS Program.
• Assist with planning, preparation, execution and reporting of audits, monitoring, and testing.
• Prepare deliverables for audits and review testing findings to recommend improvements.
• Assist in implementing new compliance processes and integration across business lines.
• Lead audits for compliance, operational, and systems areas and supervise assigned staff.
• Develop, review, and analyze effectiveness of audit programs and recommend changes.
• Develop and implement audit techniques and documentation to support requests and findings.
• Evaluate complex procedures and internal controls within assigned areas, using audit skills and judgment.
• Assist the SVP, Compliance and Chief Compliance Officer with ad hoc projects.

Skills

Analytical thinking

Verbal and written communication

Multi-tasking

Attention to detail

Independent and team collaboration

Education

Bachelor's degree

Compliance certification (plus)

Auditing/financial accounting/financial management degree

Job description

Come join a growing financial technology company that’s leading the marketplace in both the marketing and servicing of credit cards! Continental Finance Company specializes in credit card options for those consumers with less than perfect credit. We are seeking a Compliance Analyst to support our Compliance team.

The Compliance Analyst is responsible for supporting the Compliance Management System (CMS) program for credit cards to ensure compliance in various aspects of the business with federal, state, and local regulations, and partner relationships.

Essential Functions:

• Provide comprehensive support to all aspects of the Company’s CMS Program.
• Assist with the planning, preparation, execution and reporting of audits, monitoring, and testing in all aspects of the Company’s CMS Program.
• Prepare deliverables for audits, review testing findings, and make recommendations for improvements.
• Assist in the implementation of new-compliance related processes and subsequent business line integration.
• Effectively plan and function as audit lead for scheduled audits of various areas (compliance, operational, systems-oriented) subject to audit within the Company, assigning personnel to specific audit activities and reviewing audit deliverables for adequacy of coverage and content to support audit requests and findings.
• Develop, review, and analyze the ongoing effectiveness of all audit programs, recommending changes and improvements as appropriate, to the Audit Supervisor.
• Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit requests and findings within a timely manner.
• Evaluate and analyze the effectiveness of more complex procedures and internal controls within the assigned corporate or compliance area, using appropriate audit skills, techniques, and judgment.
• Assist the SVP, Compliance, and Chief Compliance Officer with other ad hoc projects.

The ideal candidate will have the following:

• Minimum 0-2 years of relevant consumer lending analytical compliance experience.
• Experience with performing compliance risk assessments, audits, and/or monitoring and testing, preferred.
• Bachelor’s degree required. Other compliance certification or designation is a plus.
• Degree in auditing, financial accounting, or financial management or related field
• Strong verbal and written communication skills for interacting with stakeholders at all levels.
• Analytical thinker with strong conceptual and problem-solving skills
• Meticulous attention to detail with the ability to manage multiple audits or tasks simultaneously
• Ability to multi-task in a fast-paced environment is essential, with prior experience working for a fintech, regulator, bank, or consumer finance business.
• Ability to work under pressure and meet deadlines
• Ability to work independently and as part of a team
• Excellent documentation, communication, and IT skills

Why Continental Finance?

Continental Finance Company (the “CFC”) is one of America’s leading marketers and servicers of credit cards for consumers with less-than-perfect credit. Since our founding in 2005, we have prided ourselves on corporate responsibility to customers in terms of a strong customer support program and fair treatment. With our success, we have also grown into an innovative financial tech company! With a state-of-the-art consumer marketing and servicing platform, we provide a variety of services to consumers when other financial institutions will not accommodate them. With more than 2.6 million credit cards managed and serviced since our founding, we pride ourselves on putting the customer first.We are not a chartered banking financial institution, nor are we a debt originator or a credit card issuer.

CFC is an equal opportunity employer that is committed to inclusion and diversity. Our company provides equal employment opportunity (EEO) regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or veteran status.

We offer all employees competitive compensation and benefits in an exciting, fast-paced business casual environment.

CFC offers a hybrid work schedule which includes three (3) core days in the office (Tuesday, Wednesday, and Thursday) and two (2) remote workdays (Monday and Friday)