Compliance and Risk Analyst III (Reg W / 23A project) Tempe, AZ or Irving, TX on-site

INSPYR Solutions; Los Angeles (CA); Hybrid; USD 68.880 - 82.656; Vollzeit

Zusammenfassung

A national technology and talent solutions provider is seeking a Compliance and Risk Analyst III for a hybrid role located in either Tempe, AZ or Irving, TX. This position involves managing regulatory compliance, particularly related to Reg W / 23A. The ideal candidate will have at least a Bachelor's degree and CRMC certification is preferred, alongside substantial experience in compliance within a financial services context. This role offers competitive compensation between $50-60/hr.

Qualifikationen

• 5+ years of relevant experience.
• 3+ years' experience in compliance or risk program management.
• Experience in financial services preferred.

Aufgaben

• Ensure compliance with Reg W / 23A-related calculations.
• Review Affiliate Transaction Reports for compliance.
• Confirm bank remains compliant with Reg W quantitative limits.
• Manage Reg W procedures as directed.

Kenntnisse

Research skills

Writing skills

Presentation skills

Attention to detail

Organization

Ownership

Microsoft Office

Compliance risk assessments

Project management

Ausbildung

Bachelor's degree

CRMC certification

Jobbeschreibung

Compliance and Risk Analyst III (Reg W / 23A project)

Location: Tempe, AZ or Irving, TX (hybrid 3-4 days on-site)

Duration: 6-month contract with potential for conversion

Compensation: $50-60/hr

Work Requirement: US Citizen, GC Holder, or Authorized to work in the U.S.

Responsibilities

• Ensure that Reg W / 23A-related affiliate aged invoices are reflected in the bank's cash collateral and quantitative limits calculations.
• Ensure that Reg W / 23A-related daily overdrafts (and quarterly reporting results) are reflected in the bank's cash collateral and quantitative limits calculations.
• Review weekly Affiliate Transaction Reports to identify any new affiliate/SRC activities to determine whether Transfer Pricing or Compliance review was required and, if required, obtained (as evidenced by a covering Transfer Pricing Catalog).
• Determine whether there are any Regulation W-related extensions of credit indicated on the Corporate Accounting Intercompany Lending reports and ensure they were reviewed by Compliance and Transfer Pricing and are reflected in the bank's cash collateral and quantitative limits calculations, as appropriate.
• Ensure that Reg W / 23A-related intercompany tax settlements are reflected in the bank's cash collateral and quantitative limits calculations.
• Identify and document any other Reg W / 23A-related loans, derivatives, purchases of assets, or other transactions and ensure they are reflected in the bank's cash collateral and quantitative limits calculations.
• Confirm that bank remains compliant with Reg W quantitative limits -- that the aggregate of covered transactions between a bank and a single affiliate may not exceed 10% of the capital stock and surplus of the bank, and the aggregate of covered transactions between a bank and all affiliates may not exceed 20% of the capital stock and surplus of the bank.
• Review the collateral pledge balance periodically to confirm that the balance equals or exceeds $25m, and that the aggregate of Reg W-related activities is adequately covered.
• Review business unit affiliate transaction submissions through ITPP. Work with Affiliate Transactions Horizontal Compliance Lead to identify Reg W risk and review Transfer Pricing methodology, as applicable.
• Review and validate confirmations from Transaction Banking of overdraft activity, along with Transaction Banking's monitoring and resolution of any such activity.
• Receive any new FSI group legal entity changes from FSI Compliance. Review changes to the SRC List, as communicated by Head Office on OpenPortal. Update the Bank Affiliate List, and post the updated List to Bridge.
• Review and manage Reg W (1st Line) procedures, as directed by Affiliate Transactions Horizontal Compliance Lead.

Required Skills

• Strong research, writing, and presentation skills, including the ability to prepare clear and concise reports.
• High attention to detail and extremely organized to effectively manage multiple concurrent priorities.
• Strong sense of ownership to drive tasks to completion and to identify opportunities for continuous improvement.
• Intermediate to Expert skill in Microsoft Office software applications (Word, Outlook, PowerPoint).
• Education & professional qualifications. Bachelor's degree required. CRMC certification preferred.
• 5+ overall experience with the required experience.
• 3+ years' experience with compliance or risk program and project management.
• Experience working in financial services preferred.
• Experience conducting compliance risk assessments (CRAs) and cross-border data movement risk assessments.
• Experience with project management methodologies and managing complex global projects.
• Demonstrated ability to meet tight deadlines and manage multiple projects simultaneously.

About INSPYR Solutions

Technology is our focus, and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients’ business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, projects, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.