Analyst II (Projects), Compliance

The Analyst II supports the overall direction of the compliance project activities of Merrick Bank Corporation (the “Bank”) to ensure the Bank adheres to the requirements of all applicable laws and regulations, industry standards, and risk management practices. This is achieved by performing, or assisting in the performance of, the primary duties listed below.

 

Essential Functions:

• Assess needs related to consumer regulatory guidance and requirements for all assigned Department and Bank projects.  Advocate for enhancements to ensure transparency and value for the consumer.
• Ensure all stakeholders within Compliance have awareness so specific processes can be modified and updated
• Support cross-functional stakeholders to communicate risk impacts and needed controls to ensure risks are being adequately mitigated
• Create, update and distribute monthly project dashboards, SCID matrices and Change Management Reports
• Follow established, standardized process as outlined in the Compliance Project Framework to complete proper testing, ensure risk mitigation and adequate documentation of projects
• Stay abreast of federal and state regulatory changes
• Report to management on any suspect violations of law, regulations or non-compliance to Company policy
• Assist with regulatory examinations
• Perform all other duties as assigned

Compliance with Laws & Regulations: 

• Responsible for complying with all of the Bank’s internal control policies and procedures
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts

Education and Experience:

• High School Diploma or GED equivalent required
• Two (2) years of experience in compliance and regulatory banking experience in consumer credit cards or banking experience is required.
• Experience in project or change management is preferred
• Applicable certification preferred (CRCM, CAMS. Etc.).

Summary of Qualifications:

•  Knowledge of banking industry functions including credit, deposit, finance, marketing, operations and banking laws and regulations
• Ability to obtain and maintain industry certifications (CRCM, CAMS, Etc.)
• ability to adapt to any changes in the regulatory environment
• 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 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.  Intermediate Excel skills.  Experience with data reporting, pivot tables, data visualization and analytics.

Who is Merrick Bank? Founded over 20 years ago, Merrick Bank is a FDIC-insured Utah Industrial Loan Bank that originates loans with the benefit of low-cost deposit funding. Merrick Bank had $4.5 billion in assets and $3.1 billion in deposits as of March 31, 2021. Merrick Bank operates four main business lines: Credit Cards, Recreation Lending, Personal Loans and Merchant Acquiring.
Our Valued Employees are provided generous benefits, including:

• Competitive Pay 
• Benefits Package -Medical, Dental and Vision (plus much more) 
• 401(k) Plan with Company Match 
• Short & Long Term Disability 
• Group Life and AD&D Insurance
• Paid Vacation, Holidays, and Personal Days 
• Employee Events, including Employee Appreciation Day, Holiday Party, etc. 
• Tuition Reimbursement Program 

Candidates must have unrestricted authority to work in the United States without sponsorship.

If this position is based in our Woodbury, Long Island office or Virtual, please note that ALL the work for this position must be performed outside of the five Boroughs of New York City.

Merrick Bank is an equal opportunity employer, and we evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status or any other legally protected characteristic. We will conduct a thorough background check for all hires in compliance with applicable law which includes (but may not be limited to) a review of factors including the applicant’s employment/personal references and drug testing.