OVERALL RESPONSIBILITIES:

Reporting directly to the General Counsel, the Compliance Counsel will be primarily responsible for proactively assisting in protecting the company’s legal and regulatory interests, maintaining its operations within the scope established by law, and ensuring the company develops and delivers products and consumer experiences which are in full compliance with all applicable laws and regulations.

​SPECIFIC DELIVERABLES

• Responsible for identifying and analyzing legal and regulatory issues, presenting clear recommendations, and assuring compliance in the twenty one (21) areas (see Attachment) affecting consumer financial
• Assess and advise on current and emerging legislative/regulatory/policy.
• Keep abreast of relevant laws, regulations, and supervisory guidance. Educate management on best practices in compliance, legal requirements and industry trends
• Inform management, clients and related parties of new and modified compliance requirements
• Manage, develop and maintain compliance management programs for the company, coordinate licensing and reporting
• Continually asses effectiveness of overall compliance and ethics programs
• Review and update policies, procedures and disclosures as needed for adherence with applicable laws and
• Manage the development of compliance-related policies and procedures
• Create and maintain company standards related to higher risk products, services, and
• Ensure documentation and training materials are current to minimize risks
• Perform or coordinate compliance reviews and risk assessments on existing and new programs and initiatives
• Perform on-gong evaluation of third parties, including vendors, clients and partners requiring enhanced oversight
• Participate in offsite and onsite due diligence reviews of key third party service providers

• Review marketing programs and materials for adherence to regulatory requirements and Company standards, providing guidance and advice as needed to bring the materials into compliance
• Oversee compliance monitoring and testing to ensure that activities are completed in accordance with approved schedules. Identify appropriate corrective action when needed and follow up to ensure corrective action is implemented
• Serve as the compliance resource in the area of product development, including preparing and reviewing program documentation
• Provide corporate governance support
• Manage the contract compliance initiative
• Build and maintain close working partnerships with internal and external clients to ensure they seek advice and counsel when needed on compliance issues
• Partner with clients to develop solutions and recommendation to meet compliance needs
• Train internal and external clients on compliance requirements through a variety of methods including one on one or staff meetings, webinars, memos, educational presentations, and providing guidance on specific situations
• Prepare and present compliance reports and executive summaries of compliance activities including concerns, issue trends and patterns, etc. and discuss recommendations for initiating additional controls and audits as needed
• Assist in the management of compliance-related audits and examinations. Gather relevant documentation as requested, meet with auditors to respond to questions, prepare audit responses as needed, and implement actions recommended by auditors and examiners
• Perform legal research and analysis of data related to compliance practices, policies and procedures
• Perform other related duties as assigned

REQUIRED SKILLS AND ATTRIBUTES:

• Active listening: giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and engaging in productive, respectful dialogue
• Analytical thinking: synthesizes complex or diverse information; collects and researches
• Written communication: effective in writing as appropriate for the needs of the
• Verbal communication: talking to others to convey information effectively
• Critical thinking:      using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
• Leadership: motivates others to perform well; effectively influences actions of others; accepts feedback from others
• Project management: coordinates projects; communicates changes in progress; completes projects on time. Track record of advancing strategies to completion
• Problem solving: identifies and resolves problems in a timely manner; gather and analyzes information skillfully; develops alternative solutions
• Reading comprehension: understanding written sentences and paragraphs in work related documents
• Social perceptiveness: being aware of and understanding others reactions
• Ability to rapidly assimilate information
• Demonstrated record of developing innovative and workable solutions to complex legal problems which enable commercial objectives
• A personal orientation to personal and professional growth
• Comfortable with driving and managing change
• An orientation to team work and success