New

Compliance Analyst EDGE Program - Toms River, NJ

OceanFirst Bank
tuition assistance
United States, New Jersey, Red Bank
Nov 28, 2024
Compliance Analyst EDGE Program #4291 Toms River, New Jersey Apply for this job now! Job Description At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business. Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community! The EDGE development program is a full-time, direct-position placement program for college graduates and early career professionals. The EDGE program is designed to help you build the skills that you need to be successful in your role. This program offers a variety of exciting career paths that will provide an opportunity to flourish in an inclusive environment as you learn the ins and outs of the Banking industry and build leadership and technical skills. Joining the OceanFirst Bank team will allow you to work in a fun, diverse environment where you'll gain exposure to the multitude of businesses within the company. In your first 18 months, you'll get the benefits of: Hands on experience in several departments throughout the organizations including frontline operational functions in our Customer Care Center and Branches. Professional development courses including Communication, Leadership, Diversity and Inclusion, Teamwork, Networking, and additional Self-paced trainings offered in OFB University. Mentorship and support throughout duration of program and beyond. Peer collaboration opportunities to create bonds and lifelong relationships. This role is based at our Toms River, NJ headquarters office, and the program is set to begin in June 2025. ABOUT YOUR ROLE Entry level position as part of OceanFirst's EDGE Program. Expectation is that employee will become a well-rounded banking professional by working in the Regulatory Compliance Management department, and other departments critical to the operations of OceanFirst Bank. Primary and permanent position will be in the bank's Compliance Department where the employee will be trained as a Consumer Compliance Analyst. Assists the Chief Compliance Officer, Complaints Program Officer, and Compliance Program Manager on regulatory compliance projects, with emphasis on data quality, data flow and design, and Board reporting. WHAT YOU WILL DO 1. With guidance and direction from the Complaints Program Officer, perform consumer compliance analysis, in support of consumer compliance risk assessments. 2. Assists with the coordination of the Bank's consumer compliance monitoring and testing activities and self-assessment. 3. Assists the Compliance Program Manager on any aspects of maintaining compliance with relevant consumer protection laws, rules, and regulations governing the banking industry, agency guidelines, and organization policies. 4. Assists in the development, implementation, and maintenance of a regulatory compliance program. 5. Reviews consumer protection laws, rules, and regulations relative to regulatory changes or changes to Bank strategy. 6. Assists Complaints Program Officer with trend analysis to assess systemic concerns. 7. Provides support to the first line of defense in operating the Bank's Compliance software, in particular, the mapping function, to help enhance the communication between the Compliance Department and the Bank's business lines. 8. Supports the Chief Compliance Officer, Complaints Program Officer and Compliance Program Manager in Board presentations, data governance and data management. 9. Assists with other duties as assigned by Management. Requirements WHAT WE EXPECT OF YOU Demonstrated written and verbal communication and listening skills. Demonstrated interpersonal skills, and proven ability to work in a team environment. Demonstrated analytical skills. Strong organizational skills, ability to set priorities in a multi-task environment and meet deadlines, with attention to detail. Ability to deal effectively with internal, and external contacts. Ability to deal effectively with internal, and external contacts. Effective analytical, organizational and technical skills with ability to reach logical conclusions. YOUR QUALIFICATIONS Bachelor's degree in Business, Finance, or Accounting with Business Analytics coursework preferred. Legal coursework and/or background a plus. Demonstrated work experience in an office environment; preferably in banking/financial services. INTERNAL AND EXTERNAL CONTACTS Regular contact with Chief Compliance Officer, Complaints Program Officer, Compliance Program Manager, and other lines of businesses. External contact with vendors and/or customers may be required. WORKING CONDITIONS/PHYSICAL REQUIREMENTS Office environment. Ability to operate a computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint. For Recruiting Agencies OceanFirst Bank does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the OceanFirst Bank Talent Acquisition Team has granted authorization for submissions regarding a specified position. Please do not forward resumes to us, OceanFirst Bank employees or any other company location. OceanFirst Bank is not responsible for any fees related to unsolicited resumes.