Compliance Specialist

Guardian Life Insurance

A Specialist advises internal business partners at Bread Financial in identifying and addressing current and emerging regulatory compliance risks. The Specialist establishes internal policies, procedures, and processes to mitigate compliance risk and ensure adherence to applicable laws. This role actively engages with business partners to drive risk-based solutions regarding compliance matters and executes against compliance strategies and roadmaps in accordance with established timeframes. The Specialist escalates issues and risks to compliance leadership, as appropriate; acts as thought-leader; communicates effectively; and is able to influence.

Job Description

Essential Job Functions:

Delivery: Knowledgeable regarding issues, complaint trends, and risks related to the program areas supported. Advises business partners on risk mitigation strategies through implementation of policies, procedures, processes and controls. Able to research laws and regulations and effectively advise internal business partners. Able to articulate and present to compliance leadership risks that may affect the business and/or the banks.    

Leadership: Provides guidance and direction to internal business partners regarding risk assessments, projects, and regulatory change management. Ensures Compliance Management System elements are integrated into day-to-day business operations.  Ability to balance strategic and tactical projects.  May participate on enterprise wide projects. Thinks critically, able to problem solve, prioritizes work, and escalates appropriately.  

Risk Management: Has a consistent enterprise-wide and risk-based thinking approach. Ensures business initiatives supported meet applicable laws and regulations to mitigate risk. Thinks critically and drives the implementation of risk-based solutions. Integrates Compliance Management System elements into day-to-day considerations related to program areas supported. Challenges and influences internal business partners on applicable compliance risks to processes and procedures.  Champions and educates business partners on the Risk and Control Self-Assessment program (RCSA).  Conducts periodic formal and informal risk assessments (as needed) and gap analyses to identify risks and partners with the business to develop actions plans to address deficiencies.    

Business Advisor: Collaborates with the business to understand strategic and tactical work being done to develop appropriate solutions to mitigate regulatory risks. Effectively challenges and provides guidance to internal business partners on compliance requirements related to business activities. 

Reports to: Manager, Compliance/Senior Manager, Compliance/Director, Compliance  

Working Conditions/ Physical Requirements: Remote, unless a candidate prefers to be in office or in a hybrid model

Direct Reports: None 

Minimum Qualifications:  

  • Bachelor’s Degree or equivalent education in Compliance, Risk, Business
  • Four or more years experience in Consumer credit, banking compliance, and/or a related field 

Preferred Experience: 

  • Bachelor’s degree or advance degree (J.D. or MBA) in Law, Risk Management 
  • Applicable Compliance certification(s) including CRCM, CAMS, CIPP or other related certifications 
  • Five or more years of work experience in Open End Consumer Credit Card Lending and Banking Compliance (Fair Lending, Regulation B/ECOA, TILA/Regulation Z, FCRA, and UDAAP)