Senior Director, Compliance Programs & Regulatory Oversight

PRA Group (Nasdaq: PRAA); Norfolk (VA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Performance-based bonus

401(k) match

Medical, dental, vision coverage

Paid time off

Job summary

PRA Group is seeking an experienced compliance professional to implement and oversee key elements of the company’s compliance program. You will partner with legal, government relations, regulators, and auditors to interpret requirements and guide implementation of regulatory changes.

The role demands advanced knowledge of compliance risk management, strong leadership, and the ability to present complex information to senior leaders and the Board.

Qualifications

• 7+ years in Financial services experience in compliance, audit, or another risk-related discipline.
• Minimum of 7 years of financial services industry experience, including compliance, audit, and/or another risk-related discipline.
• Advanced: Knowledge of compliance risk management, regulatory change, regulatory examinations, and compliance advisory practices.
• Advanced: Familiarity with collection practices and applicable federal and state consumer financial services laws and regulations.
• Advanced: Leadership, relationship management, collaboration, and project management skills.
• Advanced: Written and oral communication, including the ability to present complex information clearly to senior leaders, regulators, auditors, and large audiences.
• Advanced: Analytical judgment, risk assessment, problem-solving, and decision-making under tight deadlines.
• Advanced: Ability to identify business challenges, understand business objectives, think strategically, and develop practical solutions.
• Organization and attention to detail, with the ability to work independently and manage competing priorities in a fast-paced environment.
• Proficient: Microsoft Office applications.

Responsibilities

• Leads compliance advisory activities and compliance risk assessments for applicable business areas across PRA Group and its U.S. subsidiaries, providing timely, practical guidance consistent with federal and state legal and regulatory requirements.
• Leads and coordinates regulatory examinations, audits, civil investigative demands, requests for information, and related responses, including evaluation of findings and implementation of corrective actions.
• Validates and analyzes data produced in response to regulatory inquiries to support accurate, complete, and defensible submissions; drafts written responses and presentations for regulators, auditors, executives, and the Board.
• Reviews and advises on responses to seller audits and due diligence reviews of PRA to ensure responses are accurate and complete.
• Serves as a compliance subject matter expert on strategic, operational, infrastructure, new product, new market, seller due diligence, customer communication, and process-change initiatives.
• Partners with the Office of General Counsel and Government Relations to monitor and analyze legislative and regulatory developments, assesses emerging risks and trends, and supports implementation of required changes.
• Works with business units and control functions to identify, measure, monitor, manage, and mitigate compliance risks within PRA Group and its subsidiaries.
• Develops and maintains compliance management reporting that provides executive leadership, risk and compliance governance committees, and the Board with transparency into key compliance metrics, issues, risks, and trends.
• Supports the design, administration, and continuous improvement of compliance monitoring activities, policies and procedures, training, quality monitoring, analytics and reporting, and related compliance program components.
• Performs other projects and special assignments as required.

Skills

Compliance risk management

Regulatory change

Leadership

Communication

Data analysis

Project management

Microsoft Office

Education

Bachelor’s degree in business administration, risk management, or a related field

Job description

PRA Group is seeking an experienced compliance professional to implement and oversee key elements of the company’s compliance program. You will partner with legal, government relations, regulators, and auditors to interpret requirements and guide implementation of regulatory changes.

The role demands advanced knowledge of compliance risk management, strong leadership, and the ability to present complex information to senior leaders and the Board.