Product Risk & Compliance Analyst

Minneapolis, MN

  -  NON IT - Compliance / Audit  -  Contract  -  Job ID: 24-02477

Title: Product Risk & Compliance Analyst (Risk Assessment & Controls Oversight (RA&CO))
Location: Minneapolis, MN (3 days in office, 2 days remote
Compensation: $70.00-$71.00/hour                         
Duration: 6+ months contract (FTE Conversion Possible)
Work Requirements: US Citizen, GC Holders or Authorized to Work in the U.S.

Job Description:
o Assist with project work:
o RA&CO Procedure/Guidance/Job Aid Inventory: collect, centralize, update, publish
o Financial Crimes Risk Assessment: Identify/research identified opportunities for connection between risk assessment methodologies; implement enhancement opportunities identified ; identify opportunities to enhance visibility of Financial Crimes Risk and Control Self-Assessment (RCSA) ratings/output (including Operating Committee presentation materials); research value of expanding Enterprise Compliance Risk Assessment (ECRA) heatmap meetings with CROs to include Financial Crimes (FC) RCSA/Enterprise Financial Crimes Compliance Risk Assessment RA (EFCC RA) results
o Financial Crimes Risk Assessment: Identify/research opportunities to enhance data quality; explore opportunities to leverage PowerBI reporting tools
o State Law Initiative (SLI) assessment methodology reevaluation: Evaluate existing state law content in ECRA for best practices; host and facilitate discussions to evaluate SLI topics by section for inclusion in ECRA; maintain evidence of decisions; prepare and transition to BAU ECRA
o Risk Assessment Methodology Integration: Assist with integration of various existing methodologies, including testing integration build in the lower environments; enable continuity of BAU without impact/degradation post-implementation; submit and see- through-to-completion defects; put together training content (ECRA training 101, decks for sharing with regulators, ECRA enterprise learning system course); update ECRA Procedure
o Financial Crimes RCSA Quality Review: Assist with 3Q quality review; document outcomes; communicate findings
o Control oversight: research benefit of elevating visibility to upcoming audits/exams and connecting them to controls for preparation; opportunity to test for expansion the AI launch
o Assist with preparation of management and executive reporting on outcomes of risk assessment
o Credible Challenge tool: Assist with implementation of tool; update and publish guidance/procedures; design BAU oversight; assist with socialization/training/”defect” fixing

Preferred Location/Qualifications:
• A minimum of 10 years of experience in Compliance roles in financial institutions, with demonstrated knowledge of regulatory requirements
• A minimum of three years in compliance risk assessment
• Strong knowledge of Archer applications, especially risk assessment modules (bonus: ServiceNow application knowledge)
• Experience writing compliance procedures, desktop guides
• Deep knowledge of controls, with experience in control design and control effectiveness evaluation
• Strong collaborative, servant leader competencies
• Strong detail orientation, with follow-through of items to full resolution
• Effective at successfully managing multiple concurrent priorities and deliverables
• Advanced written and verbal communication skills
• Strong analytical and problem-solving skills; action-oriented; proactive
• Considerable understanding of compliance and financial crimes laws, rules, regulations
If you are interested and meet the required qualifications, please send your resume (Word version only) to Michelle Nicolaus (mnicolaus@inspyrsolutions.com).
Our benefits package includes:

  • Comprehensive medical benefits
  • Competitive pay, 401(k)
  • Retirement plan
  • …and much more!

 
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, project, 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.
 
#LI-MN1

24-02477

MORE OPPORTUNITIES

APPLY NOW

TAKE THE NEXT STEP.