Job Description
ABOUT THE POSITION - The COMPLIANCE SPECIALIST will be responsible for supporting the Compliance Department. The COMPLIANCE SPECIALIST is responsible for providing subject matter advice and guidance with respect to laws, regulations, and industry trends and best practices affecting operations. He or she is also responsible for research and regulatory analysis to support business.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Engages in examinations, the purpose of determining compliance with applicable consumer protection, fair lending and civil rights laws and regulations, and related enforcement activities
Conducts compliance examinations/reviews, i.e., reviews loan samples for technical compliance with federal law (e.g., ECOA, FCRA, FDCPA, TILA, FDIC requirements)
Assists management in formulating programs to address and correct deficiencies or problems identified
Coordinates examinations to ensure that review is completed on time
Works closely with regulated entities that have requested assistance in developing or refining compliance programs
Updates policies and procedures relative to regulatory changes
Reviews that business operations follow company established policies and procedures
Ensures consumer laws and regulations are being followed
Conducting audits to assess controls, operational efficiencies and compliance with selected policies, procedures and regulations.
Ensuring documentation is adequately documented and audit evidence is sufficient.
Assisting in developing regular audit plans
Helps coordinate compliance training across the company
Reviews new products and services to ensure appropriate consideration of all applicable federal and state laws and regulations
Performs compliance/regulatory related research as requested by management
Performs other duties as assigned
ESSENTIAL KNOWLEDGE, SKILL & LICENSES:
EDUCATION AND/OR EXPERIENCE:
MACHINES, OFFICE EQUIPMENT, & SOFTWARE
WORKING AT LOANMART
Employees enjoy a work environment that is informal, entrepreneurial, fun, exciting, and active. We keep things buzzing on the floor with contests, games and social gatherings. We offer very affordable, top-shelf medical/dental/vision plans, as well as a variety of supplemental benefits to fit your individual needs. We do not tie up good ideas in a bureaucratic maze- good ideas come from everywhere and we want our employees to speak up and be recognized. Career advancement is a matter of turning an idea into an objective. If you're driven and meet the qualifications above, we want to hear from you!
LoanMart will consider qualified applicants with criminal histories in a manner consistent with the Los Angeles Fair Chance Initiative for Hiring.
Notice to third parties:Please do not contact Wheels Financial Group, LLC about this position unless you are a job seeker and potential applicant for this position. Please do not contact Wheels Financial Group, LLC about other services, products or commercial interests.Notice to Agency and Search Firm Representatives:Wheels Financial Group, LLC is not accepting unsolicited resumes from agencies and/or search firms for this or other job postings. Resumes submitted to any Wheels Financial Group, LLC employee by a third party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Wheels Financial Group, LLC. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.
JOB POSTED BY APPLICANTPRO
Company Description
Wheels Financial Group, LLC d/b/a LoanMart proudly provides fast, professional assistance to financially stressed or credit-challenged segment of borrowers. We connect with our customers directly or through a vast network of storefront partners in the local communities throughout the country. Our place in the community was built over twenty years, growing from a two-person operation, single-store front in Van Nuys, CA into the largest auto title lender in California. LoanMart continues to evolve and expand into a progressive, technology-centric powerhouse in the industry, adding new financial products to serve our customers.